Category Archives: transportation

California Air Resources Board Tweaks Cap-and-Invest

“At a moment when climate policy is under attack and global economic upheaval is creating real uncertainty, this rule-making is critically important for California,” said CARB Chair Lauren Sanchez. “California has both an opportunity and a responsibility to lead with consistency. By moving forward today, we are responding to real affordability concerns while sending a clear and unwavering signal to the world that we remain committed to long-term investment in clean energy, good jobs, and healthier communities.” Continue reading

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Teen Drivers – Good Vehicle Buys With Solid Safety Credentials

The Insurance Institute for Highway Safety (IIHS) and Consumer Reports (CR) said today they have identified 45 used vehicles starting under $10,000 that offer good crash protection and are suitable for teen drivers. Another 29 vehicles that also have highly rated headlights and automatic emergency braking with pedestrian detection can be found for under $20,000. Continue reading

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Memorial Day Weekend Gas Prices Highest in Four Years

As holiday travelers start running the roads today in record numbers, Memorial Day weekend gas prices are the highest they’ve been in four years, according to the latest data from AAA. The national average for a gallon of regular is at $4.56, up 3 cents over last week and $1.38 higher than this time last year.

“Current prices are close to what drivers were paying 4 years ago, when the national average on Memorial Day was $4.61. With gasoline demand on the rise and the prolonged closure of the Strait of Hormuz, pump prices are likely to remain elevated as the summer travel season gets underway,” AA said. Continue reading

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HondaJet APMG S Upgrade Expands to Mexico

Honda Aircraft Company said today that the so-called APMG S program (footnote 1) is now available to owners in both the U.S. and Mexico of HondaJet Classic and APMG aircraft. This improves performance and adds the capabilities of recent technical innovations.

“We are excited to provide our customers in Mexico the opportunity to upgrade their aircraft with the advanced technology and performance of more recent iterations of the award-winning HondaJet,” said Amod Kelkar, Senior Vice President, Chief Commercial Officer at Honda Aircraft Company. “We are pursuing additional international certifications and hope to expand availability of the APMG S upgrade package to more HondaJet customers around the world soon.” Continue reading

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May 2026 Light Vehicle Production Forecast is Down Again

“North America’s vehicle production outlook was reduced by 13,000 units for 2026 and 339,000 units for 2027. Near-term production remains relatively steady as automakers continue building key high-volume vehicles to meet demand and support lean inventory levels, especially in pickups and core utility segments. However, the forecast assumes manufacturers will not cut output preemptively unless demand weakness or supply disruptions become more visible. As a result, the brunt of the downside risk shifts into 2027, especially for vehicles and segments more exposed to high fuel costs and softer consumer spending. [Such as the gas guzzling pickup trucks and SUVs that are (were?) extremely profitable offerings from what used to called the Detroit Three. Now GM, Ford and Stellantis – AutoCrat.] Continue reading

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Trumped – National Average for Fuel Prices Climbing Yet Again

AAA said today that the national average for fuel prices is once again on its way back up.*

“After five straight days of declines earlier this week, the national average is once again on its way back up. Today’s national average is a couple cents lower than last week, but with crude oil prices hovering in the $100/barrel range, pump prices remain elevated,” AA said. Continue reading

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BMW Group to Convert Preferred Shares to Common

At the Annual General Meeting of BMW AG (XETRA: BMWG.DE) late yesterday, and a subsequently held separate meeting of preferred shareholders [Susanne Klatten and Stefan Quandt – AutoCrat], the conversion of preferred shares into ordinary shares was approved.

“For the weighting of BMW AG in major stock indices such as the DAX or the EURO STOXX 50, it is already the ordinary shares that are decisive as the share class with the highest free‑float market capitalization. As a result of the conversion, their proportion in free float will increase significantly by around 19%,” said Chief Financial Officer Walter Mertl on Wednesday in Munich. “This step therefore strengthens the weighting of BMW AG in relevant indices. The simplified capital structure represents a clear added value for investors and may have a positive impact on the share price performance of the BMW share.” Continue reading

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BMW Annual General Meeting – Chair Oliver Zipse Retires

At the 106th Annual BMW (XETRA: BMWG.DE) General Meeting today, Chair Oliver Zipse retired after 35 years with the German maker of premium automobiles and motorcycles.* Effective tomorrow, Milan Nedeljković assumes the Chair position on the Board of Management of BMW AG. Raymond Wittmann will succeed Nedeljković as Board Member for Production.

“For more than 35 years, the BMW Group has been my professional home. I am leaving with a deep sense of gratitude: for the trust that was placed in me, for the professional challenges that have taken me to various areas in the company; and above all, for an exceptional team that is shaping the mobility of the future with passion and a pioneering spirit. It has been a great honor for me to lead the BMW Group as Chairman of the Board of Management for seven years,” said Zipse. Continue reading

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CPI for Transportation Goods and Services Up 7%. Fuel 28%

“The CPI for all transportation goods and services rose 7.1% from April 2025 to April 2026. Transportation contributed 31.1% to the 3.8% increase in the price of all goods and services per the CPI. Gasoline (all types) contributed the most to inflation, rising 28.4% year-over-year and contributing 24.2% to the annual change in the price of all goods and service,” BTS said. Continue reading

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AAA – Record 45 Million Plan Memorial Day Weekend Trips

“Memorial Day marks the unofficial start of summer, and for most Americans, it’s a three-day weekend,” said Stacey Barber, Vice President of AAA Travel. “Travel demand remains strong, and despite higher fuel prices, many people are prioritizing leisure travel during holiday breaks.” Continue reading

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BTS – April 2026 Fuel Prices Soaring for U.S. End Users!

Today, the Bureau of Transportation Statistics (BTS) released monthly motor fuels prices for April 2026. The news was grim for U.S motorists, confirming the trend under the Trump mis-administration.

“In April 2026, the average price for regular motor gasoline was $4.10 per gallon; up 12.8% from March 2026 and up 29.4% from April 2025, BTS said. “The average price for diesel no. 2 was $5.50 in April 2026, up 11.8% from March 2026, and up 54.2% from April 2025,” BTS said. Continue reading

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Magna International Posts Q1 2026 EPS Loss of $0.04

This is a good result in AutoInformed’s view given that Magna is managing its production volumes impacted by a large and complicated range of factors. Recently, Trump’s military conflicts and tariffs. Then there are global supply chain issues, including interference to supply of and/or increased costs of steel, aluminum, resin, energy supplies and so forth. Critical parts include semiconductor and memory (DRAM) chips which are causing OEM, supplier or sub-supplier disruptions. Then there are commodity prices, labor disruptions, cost of skilled labor and political regulatory actions among other challenges – AutoCrat. Continue reading

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Ford Motor Posts Q1 2026 Operating Net of $2.5B

“The path to higher margins is clear, and the first-quarter demonstrates those building blocks in action,” said Sherry House, the estimable Ford CFO. “The strength in the quarter reflects strong execution in our profit pillars, and we remain on track to deliver our full-year cost reductions. When combined with accretive recurring revenue from software and physical services and decisive actions to improve our EV performance, we are driving a fundamentally more profitable business, allocating capital with extreme discipline, protecting our balance sheet, and positioning Ford to deliver consistently higher returns.” Continue reading

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Penske Automotive Group Posts Q1 2026 Net of $234.5M

“In the first quarter of 2026, our business delivered over 126,000 retail automotive and commercial truck units, generated $7.9 billion in revenue and $323.7 million in earnings before taxes. During the quarter, we continued to demonstrate a flexible approach to capital allocation by completing the acquisition of two Lexus dealerships in the Orlando metropolitan area of Central Florida, increasing the dividend paid to stockholders by 1.4% and repurchasing 170,393 shares of common stock,” said Chair Roger Penske. Continue reading

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GM Canada to Build Next-Generation Truck V8 Engines

General Motors Canada (NYSE: GM) said today that it is investing C$691 million in its St. Catharines Propulsion Plant to support production of the sixth generation of General Motors’ V8 engine, which will power GM full-size trucks and SUVs. Yesterday, GM reported strong sales and earnings for Q1 2026 bolstered in part by sales of such vehicles. Complicating GM’s global strategy is the Trump mis-administration’s repudiation of the successful North American Free Trade Agreement (NAFTA) and its subsequent revision proposed, promoted and signed by President Trump known in the U.S. as USMCA (United States-Mexico-Canada Agreement) Continue reading

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