Recycling – Hyundai N 2025 Vision Gran Turismo at 2022 Automobility LA

Ken Zino of AutoInformed.com on Recycling - Hyundai N 2025 Vision Gran Turismo at 2022 Automobility LA

Click for more information.

There are prototype concepts and there are phantom or vaporware concepts or an amalgamation of the two. Hyundai’s hydrogen fuel-cell hybrid concept made its US debut at Automobility LA, which closes this Sunday. The recycling of a recycled concept is pertinent in an age where sustainability is necessary for ecological survival. Consider the N vision 2025 that first appeared in an earlier life as we recall at the 2015 Frankfurt Motor Show. Then it was a prototype-build as the Vision Gran Turismo project to commemorate Hyundai’s 50th anniversary coming in 2017.

This time around the N 2025 Vision concept promotes the Hyundai N sub-brand* electrification business centered on zero-emissions technologies. This one first appeared in 2015. The so-called ‘Rolling Lab,’ like so many others before and to come – is a “testbed of future technologies seeking the highest level of emotional involvement for the driver.” …  “This strategic approach allows the N brand to experiment with the most advanced technologies from both motorsport and production car development,” Hyundai said. Continue reading

Posted in news analysis | Tagged , , , , | Leave a comment

Ford Expands Escape, Bronco Sport Engine-Fire Recalls

Ford Motor Company is recalling 2020-2023 Escape and 2021-2023 Bronco Sport vehicles equipped with 1.5-liter engines because a fuel injector may crack and leak fuel inside the engine compartment starting a fire. More than 521,000 vehicles are affected.

Ford in the required filing made public today by National Highway Traffic Safety Administration said the safety defect concerned prior under-hood fire reports from oil separator inspections associated with NHTSA Recall 22V-19. Ford reviewed two under-hood fire reports from a 2022 model-year Escape and 2022 model-year Bronco Sport vehicle with the 1.5-liter ‘Dragon’ engine. Continue reading

Posted in customer satisfaction, quality, recalls | Tagged , , , , , , | Leave a comment

Porsche Supercup Remains Formula 1® Support Series

Ken Zino of AutoInformed.com on Porsche Supercup Remains Formula 1® Support Series

Click for more information.

During 2023 the Porsche Mobil 1 Supercup will be part of eight European Formula 1® races, the Stuttgart based maker of SUVs, sedans and sports cars said today. Individual rounds of the Porsche Carrera Cup Japan and Porsche Carrera Cup Asia also continue as part of the Formula 1® support program. The series has been on the FIA Formula One World Championship™ calendar for three decades.

Both parties have extended the agreement for eight years until 2030. For the 2023 season, the international one-make cup will use the  375 kW (510 PS or 503 horsepower) Porsche 911. During the eight races of the 2022 Porsche Mobil 1 Supercup, 28 registered competitors and 25 guest drivers competed.
Continue reading

Posted in marketing, performance, racing | Tagged , , , , , , | Leave a comment

Mercedes-Benz First Automaker Issuing Green Panda Bonds

Mercedes-Benz International Finance issued in the Chinese Interbank Bond Market its first Green Panda Bond yesterday, 24 November 2022, in the amount of RMB 500 million (~€68 million). The term was two years with an annual coupon rate of 2.9%.

A so-called green bond is a fixed-income financial instrument used to support climate-related or environmental projects. They may or not be tax free. The Green Panda Bond further reflects what Daimler said is the openness and innovation of the Chinese capital market in ESG sectors. Continue reading

Posted in electric vehicles, environment, financial results, global warming, milestones | Tagged , , , , , , | Leave a comment

EU Commercial Vehicle Registrations -8.5% in October

Ken Zino of AutoInformed.com on EU Commercial Vehicle Registrations -8.5% in October.

Click for more info.

In a demonstration of  the murky answer to the question “is the ongoing European-recession glass half-empty or half-full?”, ACEA* said today that the EU market for new commercial vehicles continued to scuffle, declining for the sixteenth month in a row at -8.5% vehicles.

However, year-to-date registrations of new commercial vehicles across the European Union contracted by 16.8% to 1.3 million units. So things are improving somewhat since the rate of decline is decreasing. Moreover, the truck and bus segments performed better than in October 2021. Continue reading

Posted in economy, news analysis, sales | Tagged , , , , | Leave a comment

Stellantis Overhauling European Dealer Network in 2023

Ken Zino of AutoInformed.com on Jeep Avenger EV Debuts in Paris

Jeep sales in Europe will be a challenge. Click for more info.

Stellantis (NYSE / MTA / Euronext Paris: STLA) said today in Amsterdam once again that it aspires to be first in customer satisfaction in all markets, products and services.

Environmental and regulatory changes, of course, are now increasingly affecting the auto industry’s long-standing distribution model with the inevitable electrification of product lines the prime mover in the need to maintain customers and their satisfaction – while complying with evolving law and shareholder expectations. Continue reading

Posted in customer satisfaction, electric vehicles, marketing, news analysis | Tagged , , , , , | Leave a comment

November US New Vehicle Sales Forecast Record Consumer Spending of $42.8B. Global Sales Good, but Fluid

Retail sales of new vehicles this month are expected to reach 933,400, a 0.3% decrease from November 2021, according to a joint forecast from J.D. Power and LMC Automotive just released. November 2022 has one additional selling day than November 2021. Comparing the same sales volume without adjusting for the number of selling days translates to an increase of 3.8% from 2021.

New-vehicle transaction prices continue to rise, but slower than earlier this year. The average price in November will set a record for the month of $45,872, an increase of 3.1% from a year ago. The record transaction prices mean that buyers are predicted to spend nearly $42.8 billion on new vehicles this month, the highest level ever for the month of November and a 7.0% increase from November 2021 as the Biden Administration recovery continues. Continue reading

Posted in economy, manufacturing, sales | Tagged , , , , , , | Leave a comment

Hypercar Hype – Praga Bohema Prototype Shown

Ken Zino of AutoInformed.com on Hypercar Hype – Praga Bohema Prototype Shown. Photo courtesy of Praga.

Click for more information.

Praga has revealed its all-new road-legal hypercar in pre-production prototype form.

The high-performance, low-volume Praga Bohema is a ~2204 pound, mid-engine, 700-horsepower two-seater that is said to be capable of extreme high performance on a track targeting GT3 race car lap times on its semi-slick Pirelli Trofeo tires and a body that provides 1984 pounds of downforce at 155 mph. Top speed is just over 186 mph. Continue reading

Posted in performance, racing | Tagged , , , , , , | Leave a comment

Ford Recalls 2021-22 F-150s for Wiper Motor Failures Again

Ford Motor Company’s (NYSE: F) quality struggles continue as NHTSA today said that the Blue Oval is recalling more than 453,000 F-Series pickup trucks , Ford’s most popular vehicle in the US. The front windshield wiper motor may become inoperative, causing the wipers to fail. Trico Componentes in Mexico made the defective motor.

Some of the vehicles recalled were previously recalled for the same problem. NHTSA appears to have played a strong part in the latest recall because of complaints from people to NHTSA.* The newest NHTSA recall Campaign Number is 22V842000.
Continue reading

Posted in customer satisfaction, quality, recalls, safety | Tagged , , , , , , , | Leave a comment

Porsche Showing 911 Dakar at LA. Honda Wins Baja 1000

Ken Zino of AutoInformed.com on Porsche Showing 911 Dakar at LA. Honda Wins Baja 1000. Copyright-Ken-Zino-of-AutoInformed.com

Click for more information.

While Porsche is celebrating the world premiere at the Los Angeles Auto Show this week of the new Porsche 911 Dakar, a Honda Ridgeline Baja Race Truck took Class 7 honors for the second consecutive year in the 55th running of the Baja 1000, which ended yesterday.

Welcome to the confusing world of performance car and truck racing and production car and truck marketing. There are clear differences in the vehicles, but the promotional aspects are virtually identical. Continue reading

Posted in marketing, performance | Tagged , , , , , | Leave a comment

Death of the Diesel – CARB Tightens Off-Road Equipment Regs

Ken Zino of AutoInformed.com on Death of the Diesel - CARB Tightens Off-Road Equipment Regs on Emissions

Click for more information.

The California Air Resources Board has approved amendments to the In-Use Off-Road Diesel-Fueled Fleets Regulation (Off-Road Regulation) aimed at further reducing emissions from the off-road sector.

The amendments will require fleets to phase-out use of the oldest and highest polluting off-road diesel vehicles in California; prohibit the addition of high-emitting vehicles to a fleet; and require the use of R99 or R100 renewable diesel in off-road diesel vehicles. These vehicles are the second largest mobile source of NOx in California, only exceeded by trucks on roads and highways, aka on-road trucks. Continue reading

Posted in alternative fuels, environment, fuel economy or emissions, global warming, milestones, news analysis | Tagged , , , , , , , , | Leave a comment

Subaru Impreza at LA Auto Show 30 Years Later

Ken Zino of AutoInformed.com on Subaru Impreza at LA Auto Show 30 Years Later

Click for more information.

Subaru of America will globally show the sixth-generation 2024 Impreza at the Los Angeles Auto Show. The 5-door hatchback arrives at Subaru retailers this spring.

The Impreza debuted 30 years ago at the 1992 Los Angeles Auto Show as a compact car with optional Subaru Symmetrical All-Wheel Drive. Impreza was the only vehicle at the time to offer all-wheel drive, albeit as an option long before the Subaru WRX performance car appeared with rally racing championships spanning four decades supporting it.
Continue reading

Posted in marketing, new vehicle | Tagged , , , | Leave a comment

Toyota bZ Compact SUV Debuts at LA Auto Show

Ken Zino of AutoInformed.com on Toyota bZ Compact SUV Debuts at LA Auto Show

Click for more information.

The Toyota bZ Compact SUV Concept will make its world premiere at the 2022 Los Angeles Auto Show at the LA Convention Center. Like all concepts it purports to be a glimpse of what the production Toyota bZ (Beyond Zero) will be. This one by AutoInformed’s close inspection is really the production version, albeit with prototype parts.

“We’ve only just begun to scratch the surface of the Beyond Zero moniker,” said Toyota group vice president and general manager David Christ. “With an aerodynamic design coupled with intuitive tech features never before seen in a Toyota model, the bZ Concept showcases another possible vision of the very near future with our battery electric vehicles.” Continue reading

Posted in electric vehicles, mobility company, shows and events | Tagged , , , , , , , | Leave a comment

GM Raises 2022 Earnings, Offers 2023-25 Performance Goals

Ken Zino of AutoInformed.com on GM Raises 2022 Earnings, Offers 2023-25 Performance Goals

Click for more information.

General Motors (NYSE: GM) at its annual investors’ meeting in New York City significantly raised its 2022 financial results predictions. GM now projects full-year 2022 adjusted automotive free cash flow will increase to $10-11 billion from its previous guidance of $7-9 billion. GM now projects 2022 EBIT-adjusted for the full year will be in a range of $13.5-14.5 billion, compared to its previous guidance of $13-15 billion.* GM also provided farther out performance indicators for shareholders. **

During 2023, GM said “Chevrolet and GMC will press their advantage in the pickup market with the new 2024 Chevrolet Silverado HD and GMC Sierra HD, which will be available in the first half of 2023, as well as the new Chevrolet Colorado and GMC Canyon mid-size pickups.” Continue reading

Posted in economy, electric vehicles, financial results, news analysis | Tagged , , , , , , | 1 Comment