Mercedes-Benz and MBUSA Post Q1 2026 Sales Drops

Ken Zino of AutoInformed.com on Mercedes-Benz and MBUSA Post Q1 2026 Sales Drops

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Mercedes-Benz Group (MBG.DE, MBGAF OTC U.S.) sold 499,700 cars and vans globally during Q1 2026. Mercedes-Benz USA (MBUSA) reported retail sales of 78,500 vehicles during Q1 of 2026, with 70,000 passenger cars and 8500 vans.*

“The first quarter was characterized by sales growth outside of China, alongside an excellent market response to our newly launched models. The new electric GLC has generated more orders in the first three months than any other electric vehicle in our history, while order intakes for the other new models, including the new Mercedes-Benz S-Class, significantly exceed our expectations. Further tailwinds will come from the recently unveiled GLE and GLS, alongside the upcoming world premiere of the all-new electric C-Class. As the availability of our new products scales up, we remain highly focused on converting this strong customer interest into overall sales momentum in the coming months,” said Mathias Geisen, Member of the Board of Management of Mercedes-Benz Group AG, Sales & Customer Experience. Continue reading

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Porsche AG Q1 2026 Sales Drop 15%

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Porsche AG (P911.DE) said today that it delivered a total of 60,991 vehicles to customers worldwide in the first quarter of the year (previous year: 71,470), representing a decline of 15%. The discontinuation of tax incentives for electric and hybrid vehicles in the United States by the Trump mis-Administration was clearly a factor as North America is Porsche’s largest market.*

“Following the end of the combustion-engine 718 and the strong deliveries of the fully electric Macan at market launch, our figures are below the prior‑year level but are overall in line with our expectations. Strong demand for the 911 and the high proportion of top derivatives clearly demonstrate that the core of our sports car brand remains exceptionally strong,” claimed Matthias Becker, Member of the Executive Board for Sales and Marketing at Porsche AG. “In the coming months, our focus will be on the market launch of the all‑electric Cayenne, which will be delivered to its first customers from summer onwards.” Continue reading

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Volkswagen ID.4 U.S. Production Ends. Atlas Begins

Ken Zino of AutoInformed.com on Volkswagen ID.4 U.S. Production Ends. Atlas Begins

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Volkswagen Group of America has updated its production plans in the U.S. market for the Volkswagen brand. Volkswagen’s Chattanooga assembly plant will shift its primary focus to higher‑volume models in North America. Chattanooga, formerly the only VW plant without worker representation, now is a UAW plant. The launch of the all‑new, second‑generation Atlas for model year 2027 begins production this summer. Atlas will be available in dealerships this fall.*

“The Chattanooga plant has been, and will continue to be, a cornerstone of Volkswagen’s strategy in the United States,” said Volkswagen Group of America President and CEO Kjell Gruner. “This strategic shift underscores the company’s commitment to Chattanooga and its workforce as we position the plant for long-term success and future product opportunities.” Continue reading

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AAA – Pump Gasoline Prices Still Soaring

Ken Zino of AutoInformed.com on AAA – Pump Gasoline Prices Still Soaring

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The national average for a gallon of regular gasoline went up 8 cents since last week to $4.16, according to the latest data published by AAA. The last time the national average reached that price was in early August of 2022.*

“Crude oil prices remain high, even as they’ve fluctuated in recent days following the announcement of a 2-week ceasefire between the U.S. and Iran. The price for a barrel of crude dropped below $100 but then rose again, highlighting the volatility of oil markets and fluidity of geopolitical events,” AAA said in a release.** Continue reading

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Magna to Sell Lighting and Rooftop Systems Firms

Ken Zino of AutoInformed.com on Magna to Sell Lighting and Rooftop Systems Firms

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Magna International Inc. (TSX: MG; NYSE: MGA) today said that it has entered into definitive agreements to divest its Lighting business through two separate transactions, as well as its Rooftop Systems business in a third transaction.*

“Today’s announcement underscores our commitment to actively managing our portfolio in line with our guiding principles,” said Swamy Kotagiri, Magna Chief Executive Officer. “Magna will continue to focus on businesses that advance our long-term growth, margin, and return objectives. We are committed to ensuring a smooth transition for employees, customers, and all other stakeholders.” Continue reading

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Stellantis N.V. Securities Fraud Lawsuit Announced

Ken Zino of AutoInformed.com on Stellantis N.V. Securities Fraud Lawsuit Announced

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The Rosen Law Firm, which bills itself as a global investor rights law firm, today announced a class action lawsuit on behalf of purchasers of common stock on the New York Stock Exchange of Stellantis N.V. (NYSE: STLA) between 26 February 2025 and 5 February 2026, inclusive (the so-called “Class Period”). A class action lawsuit has already been filed.*

“If you wish to serve as lead plaintiff, you must move the Court no later than 8 June 8 2026, Rosen Law said in a release. “If you purchased Stellantis common stock on the NYSE during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.” Continue reading

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AB Volvo Board Meeting Approves Extraordinary Dividend

Ken Zino of AutoInformed.com on AB Volvo Board Meeting Approves Extraordinary Dividend

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AB Volvo held its Annual General Meeting today in Göteborg, Sweden. The Board adopted the income statement and balance sheet, as well as the consolidated income statement and the consolidated balance sheet. In accordance with the Board’s proposal, the Meeting resolved that an ordinary dividend of SEK 8.50 per share and an extraordinary dividend of SEK 4.50 per share should be paid to the shareholders – 10 April 2026 is the record date for the right to receive dividends.*

The Annual General Meeting resolved to not approve shareholder Kapitalforeningen MP Invest’s proposal that AB Volvo report on the alignment of their lobbying efforts with the 1.5°C Paris Agreement goal.[Whether this is insular and arrogant or appropriate is a matter of debate – AutoCrat.]** Continue reading

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Penske Truck Rental – New Indy 500 VIP Contest

Ken Zino of AutoInformed.com on Penske Truck Rental - New Indy 500 VIP Contest

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Penske Truck Rental today announced the launch of its new “Rev Up Your Rental” contest, an exclusive promotion that gives fans the chance to experience the excitement of IndyCar racing* firsthand while attending the 110th Indianapolis 500 presented by Gainbridge – The Greatest Spectacle in Racing – on Sunday 24 May 2026. Through the Penske Truck Rental website, participants may enter for an opportunity to win a VIP trip to the legendary Indianapolis 500. There is no purchase needed. **

“Penske Truck Rental has always been about moving lives and businesses forward—and for true racing fans, the Indianapolis 500 is the ultimate fan destination,” said Kevin Malloy, senior vice president of rental at Penske. “This new contest celebrates the stories that move us all, and we’re honored to help two passionate fan’s dreams come true of attending this legendary race and enjoying a VIP experience.” Continue reading

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CARFAX Report Now Predicts a Vehicle’s Future

Ken Zino of AutoInformed.com on CARFAX Report Now Predicts a Vehicle's Future

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For the first time, consumers can compare the future Reliability of specific cars they might consider buying, CARFAX said today.*

This marks an important milestone for CARFAX and for the people who rely on our data every day,” said Paul Nadjarian, Chief Product Officer at CARFAX. “With over 151,000 data sources and more than 35 billion records, we’re introducing a powerful new insight into a vehicle’s lifecycle. Much like a crystal ball, our future Reliability will help shoppers understand the road ahead, including what repairs to anticipate and what they may cost, and soon, insights into how long that car will last – empowering consumers to buy with confidence and help them plan ahead.” Continue reading

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First Look – 2027 Model Year Toyota Land Cruiser

Ken Zino of AutoInformed.com on First Look - 2027 Model Year Toyota Land Cruiser

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Toyota (NYSE: TM, 7203T) said today that the 2027 model-year Land Cruiser revealed last fall will have a Manufacturer’s Suggested Retail Price (MSRP) starting at $57,880. [excludes $1450 Dealer Processing and Handling Fee, which can vary – AutoCrat] when it finally arrives at dealerships this spring. Land Cruiser is offered in two grades the retro-look Land Cruiser 1958 and Land Cruiser.*

“Both Land Cruisers are equipped exclusively by the turbocharged i-FORCE MAX hybrid powertrain and a full-time four-wheel drive system. This performance hybrid powertrain is rated by Toyota at 326 net combined horsepower and 465 lb.-ft. of torque,” Toyota said. Continue reading

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Volkswagen Recalls 2025 Jetta and Taos Vehicles for IP failures

Volkswagen Group of America is recalling more than 75,000 model-year 2025 Jetta and Taos vehicles.* The instrument panel may fail to display warning lights or gauges. A software error may cause the Mexican.-made instrument cluster to fail to display required information at vehicle startup, including vehicle speed, engine speed (RPM), gear/mode indicators, and warning telltales. In this condition, the instrument cluster does not comply with FMVSS No. 101, Controls and Displays.

“When the ignition is switched on, the instrument cluster may read incorrect or corrupt Non-Volatile Memory (NVM) data required for proper system initialization. If invalid data is detected, the software discards the data and applies default configuration values. However, the instrument cluster and the immobilizer system are not designed to operate using these default values, which can result in the instrument cluster failing to function as intended. Software revisions introduced over time significantly increased NVM access and data traffic within the instrument cluster, thereby increasing the likelihood of NVM-related errors,” Volkswagen said in the required safety defect recall filing made public by the National Highway Traffic Safety Administration (NHTSA) this morning. Continue reading

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Mercedes-Benz USA 2026 Model-Year Air Bag Recall

Mercedes-Benz USA (MBG.DE, MBGAF OTC U.S.) is recalling more than 900 2026 model-year GLE 350 4MATIC, GLE 450 4MATIC, GLE 350, GLE 580 4MATIC, GLS 580 4MATIC, GLE 450 E 4MATIC, AMG GLE53 4MATIC, AMG GLS63 4MATIC, AMG GLE63 S 4MATIC, GLS 450 4MATIC, and GLS 600 4MATIC vehicles.*

“The passenger air bag fabric may have been manufactured incorrectly, which can cause the air bag not to deploy as intended.,” Mercedes said in the required safety defect filing made public this morning by the National Highway Traffic Safety Administration (NHTSA).** Continue reading

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Lucid Gravity SUV 2025-26 Model-Year Recall for Seat Belts

Ken Zino of AutoInformed.com on Lucid Gravity SUV 2025-26 Model-Year Recall for Seat Belts

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Lucid USA, Inc. (NASDAQ: LCID) is recalling 4476 model-year 2025-2026 Gravity SUVs. The lap belt anchor brackets on the second row seats may have insufficient welds, which can cause bracket failure. As such, these electric vehicles  fail to comply with the requirements of Federal Motor Vehicle Safety Standard numbers 207, Seating Systems, and 210 Seat Belt Assembly Anchorages. Seat bracket failure can increase the risk of injury during a crash. *

“During testing for an unrelated issue, Lucid observed that the 2nd row lap belt anchor bracket did not hold under load for the FMVSS-required time or did not reach the required load. Lucid determined that the outboard lap belt anchor bracket weld was shorter than specified and not in the correct location due to an alteration in the manufacturing process made by the seat manufacturer, Camaco, without notice to or approval by Lucid,” Lucid said in the mandatory safety defect filing made public by the National Highway Traffic Safety Administration (NHTSA) this morning. Continue reading

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Park Outside! Nissan Leaf Battery Fire Recall

Nissan North America, Inc. (7201T and NSANY ADR) is recalling 51 2026 model-year LEAF vehicles. The high voltage battery may have internal damage that can cause a short circuit within the lithium ion battery module.*

“Owners are advised to park outside and away from structures and should not charge their vehicles until the remedy is completed. Dealers will replace the battery modules or the battery, free of charge. Interim letters notifying owners of the safety risk are expected to be mailed 17April 2026,” Nissan said in the mandatory Safety Defect filing made public by the National Highway Traffic Safety Administration (NHTSA) this morning. Continue reading

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Lexus 2022-24 Model-Year Front Passenger Airbag Recall

Toyota Motor Engineering & Manufacturing (NYSE: TM, 7203 T) is recalling more than 15,000 2022-2024 model-year Lexus LX vehicles. The front passenger seat may have insufficient clearance between the seat frame and the stopper that can cause the Occupant Classification System (OCS) sensor to incorrectly detect the occupant. As such, these vehicles fail to comply with the requirements of Federal Motor Vehicle Safety Standard number 208, “Occupant Crash Protection.”*

The front passenger seat in the subject vehicles is secured to a seat frame, which is equipped with a stopper and has an Occupant Classification System (OCS) that provides input to the Supplemental Restraint System to determine the deployment strategy of the front passenger airbag system, depending on the occupant load. Due to a manufacturing error during a specific production period at a certain supplier’s plant [Toyota Boshoku Corporation – AutoCrat], some vehicles may have an insufficient clearance between the seat frame and the stopper when taking into account normal production variation. If there is insufficient clearance, interference can occur between the seat frame and the stopper if the seat height is adjusted to certain positions, depending on the occupant load applied,” Toyota said in the required safety defect recall filing (49 CFR § 573) made public by the National Highway Traffic Safety Administration (NHTSA) this morning. Continue reading

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