UAW Negotiators Send Tentative Agreement to Ford Council

AutoInformed.com on the UAW

How long are the jobs and the remaining plants sustainable are unknowns.

The UAW Ford National Negotiators, UAW President Gary Jones along with UAW Vice President Rory Gamble, Director of the Ford Department, have reached a proposed tentative agreement. Ford Motor confirmed the announcement, but not the rumored closing of the Romeo plant and possibly others.

“Out of respect for our members, we will refrain from commenting or releasing full details of the agreement until the UAW-Ford Council leaders meet and review the details,” said Gamble. Continue reading

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Akio Toyoda Wants Mobility Centered on People

AutoInformed.com on 2019 Tokyo Motor Show

Toyota’s production-ready Ultra-compact battery electric vehicle due for launch in Japan in 2020.

Akio Toyoda at a press briefing during the always wacky Tokyo Motor Show wanted to talk about people, not the cars that are the foundation of the global automaker he leads. However, instead of the usual marketing babble, a 21st century view emerged as a laughing Toyoda posed questions in these vastly uncharted times of bold new automobility, artificial intelligence and electrified vehicles.

In the midst of the collective industry madness that is on expensive display during Motor Shows, Toyoda observed that “when various kinds of information are linked, one would expect communities, society, and, of course, cars, to become more centered on people.” Continue reading

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General Motors Q3 Earnings Hit Hard – $1.3B – by UAW Strike

AutoInformed.com on GM Q3 2019 Financial Results

Crucial will be what the other Detroit Three- FCA and Ford – subsequently report. Click to Enlarge.

General Motors Co. (NYSE: GM) today reported disastrous Q3 2019 EPS-diluted of $1.60 and EPS-diluted-adjusted of $1.72, reduced by –$0.52 from UAW strike impact, and -$0.15 from Lyft and PSA revaluations on income of $2.3 billion, and revenue of $35.5 billion.

GM North America EBIT-adjusted was $3.0 billion. The net strike impact to GMNA was -$1.0 billion. However, this had $0.3 billion of “favorable timing items” and North America EBIT-adj. margin of 10.8% from full-size trucks and record crossover sales. GM’s breakeven point now requires an industry volume of 10-11 million units.

GM said it would not be able to makeup lost production and revenue losses this year. About two weeks of vehicle production was lost. GM predicts the 2019 calendar-year impact of the strike to be approximately -$2.00 per diluted-share. Worrisome items included increased warranty costs on larger vehicles – trucks -that totaled $700,000,000.
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Deadly Takata Airbags – Toyota Recalls +900K Vehicles Again

AutoInformed.com on deadly Takata airbag inflators

Earlier attempts by now bankrupt Takata to limit the size of the recall failed.

Toyota Motor Engineering & Manufacturing, aka Toyota, is recalling more than 928,000 vehicles because their driver or passenger frontal air bag inflators previously replaced under a prior recall using inflators of the same design. (Takata Pleads Guilty of Falsifying Data on Airbag Shrapnel)

Thus, Toyota is recalling a recall on 97 models. The inflators may explode due to propellant degradation occurring after long-term exposure to high absolute humidity, temperature and temperature cycling. (NHTSA Hastens Replacements of Deadly Takata Air Bags) Continue reading

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UAW Members Okay Contract with GM. Ford Motor Next

AutoInformed.com on UAW GM Contract

Good observation brother and sister, unless you’re a member of the 2%…

Late yesterday General Motors Co. (NYSE: GM) announced that employees at 55 UAW-represented sites across the U.S. approved a new four-year contract, ending the longest automotive strike in 50 years.

“General Motors members have spoken,” said Terry Dittes, UAW Vice President and Director of the UAW-GM Department. “We are all so incredibly proud of UAW-GM members who captured the hearts and minds of a nation. Their sacrifice and courageous stand addressed the two-tier wages structure and permanent temporary worker classification that has plagued working class Americans.” The new agreement provides GM hourly workers with better than average wages, benefits and a profit-sharing package.

The contract achieved most but not all of the demands, notably Lordstown will no longer be a GM plant. Hours later, UAW President Gary Jones said that the union will proceed with pattern bargaining at Ford where large areas of an agreement have already been reached weeks ago and were awaiting the GM pattern for completion.
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China – SEC Charges 18 Traders for Stock Manipulation

AutoInformed.com on U.S national economic objectives

The U.S. State Department is looking out for who?

The Securities and Exchange Commission has filed an emergency action and obtained an asset freeze against eighteen traders in a scheme to manipulate more than 3,000 U.S.-listed securities for $31 million in illicit profits.

The SEC alleges that the traders, primarily based in China, manipulated the prices of thousands of “thinly traded securities by creating the false appearance of trading interest and activity in those stocks, thereby enabling them to reap illicit profits by artificially boosting or depressing stock prices.”
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Another Weird and Wacky Tokyo Motor Show to Open

AutoInfrmed.com on 2019Tokyo Motor Show

Weird or wacky or both? Toyota’s production-ready Ultra-compact battery electric vehicle due for commercial launch in Japan in 2020.

The Japan Automobile Manufacturers Association (JAMA) will hold the 46th Tokyo Motor Show 2019 for 12 days from October 24 through November 4. The theme for this year’s show, “Open Future,” is expanded beyond automobiles, motorcycles and commercial vehicles and auto-related displays. It broadens to include developments (and rentals) from other industries. In short, the traditional auto show as we know it is no longer sustainable.

Tokyo Motor Show 2019 will also be bigger – at least in size, attendance remains to be seen – by taking place at Tokyo Big Sight and in the surrounding Odaiba area to allow more people to experience the new events and programs. Continue reading

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Electrify America, Hubject Announce Launch of Plug&Charge

AutoInformed.com on Electrify America

Hubject’s North American based V2G Root and Certificate Authority is the first of its kind here and the second system globally, based on its established European system.

Electrify America and Hubject today announced a simplified system for electric vehicle charging (EV) called “Plug&Charge.” Drivers will no longer need to reach for a wallet, smartphone or bankcard because the scheme enables EV drivers to simply plug their vehicle into a charger for the  session to begin automatically.

By offering the Plug&Charge in North America, drivers using Electrify America stations will have faster charging session authentication and authorization. The new system will be fully operational in 2020, when Plug&Charge-compatible EVs are projected to be available to customers.
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Group Renault Debuts Hydrogen in Light Commercial Vehicles

AutoInformed.com on  Renault Z.E. 33 H2 Hydrogen Light Commercial Vehicle

Renault is following Daimler AG, which will offer a fuel-cell sport utility vehicle that has a battery to help get it to rare hydrogen refueling stations.

Renault by year-end will introduced electric light commercial vehicles using hydrogen fuel. Renault Kangoo Z.E. Hydrogen appears in 2019 and Renault Master Z.E. Hydrogen in 2020.

The hydrogen fuel cell provides the additional energy for up to 3 times more range than 100% electric vehicles, with a charging time of only 5 to 10 minutes. However, the crucial WLTP emission certification is not yet completed.

Hydrogen at Renault is a complementary offering to its electric and hybrid lines, to provide a new solution  – or hedge – for access to city centers in an ever-tightening regulatory environment spurred by planet destroying global warming. Continue reading

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Mitsubishi Electric Claims Level 4 Autonomous Driving Without High Definition Maps or Auto Parking

AutoInformed.com on Mitsubishi Electric xAUTO Autonomous Concept

The so-called xAUTO is a concept that uses Mitsubishi Electric technologies for autonomous driving.

Mitsubishi Electric Corporation (TOKYO: 6503) said today that it would exhibit the latest version of the xAUTO, a vehicle claimed to be capable of autonomous driving on surface roads without high-definition maps and autonomous parking both indoors and outdoors, during the 46th Tokyo Motor Show 2019.

The system, it’s claimed, is now capable of driving on surface roads without high-definition maps and autonomous parking both indoors and outdoors, has been tested on actual surface roads near Tokyo’s waterfront and in the city of Tsukuba, located north of Tokyo. Continue reading

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SEMA Sues U.S. DOT for Stopping Replica Car Law

AutoInformed - Ford Booth 2018 SEMA Show

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The Specialty Equipment Manufacturers Association, aka SEMA, has filed a petition in federal appellate court to require the government to allow replica car manufacturers to immediately begin production.

Another Agency run by President Trump’s political appointees is allegedly defying a 2015 law – the Fixing America’s Surface Transportation Act (FAST Act) – passed by Congress to let low-volume automakers sell up to 325 replica cars each year that resemble production vehicles manufactured at least 25 years ago.
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John Doonan Leaves Mazda Racing for IMSA Presidency

AutoInformed on Mazda Team Joest RT-24P in the 2019 IMSA WeatherTech Sportscar Championship

Good for IMSA and sports car racing. Mazda?

The International Motor Sports Association (IMSA) announced yesterday that John Doonan has been named the next president of the sanctioning body effective 1 January 2020. Since his first day on the job is next Monday, the quick driver change in an undercut pit stop likely caught Mazda unaware, since it remained on the trailer with no simultaneous release or web site acknowledgement.

Doonan was previously the director of motorsports for Mazda North America Operations where he developed the strategy and managed Mazda’s high-profile motorsports programs in North America.
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GM-UAW Negotiators Have Tentative Agreement

AutoInformed.com on the UAW

The closing bell has wrung, but there is no decision yet.

Today, after five weeks of negotiations, the UAW GM National Negotiators and UAW GM Vice President Terry Dittes announced the existence of a Proposed Tentative Agreement with General Motors. The elected national negotiators voted to recommend the UAW GM National Council accept the Proposed Tentative Agreement “as the agreement represents major gains for UAW workers.”

Actually, the agreement will not be ratified until UAW-GM membership across the U.S. votes to approve it.
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September New Passenger Car Registrations Up in European Union, But Trend is Downward

AutoInformed.com on EU Passenger Car Registations September 2019

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During September 2019, EU demand for new passenger cars increased by 14.5% to reach 1.2 million units registered in total. To a large extent, according to the ACEA trade group, this strong year‐on‐year growth is the result of a low base of comparison, as registrations fell significantly in September 2018 (‐23.5%) following the introduction of WLTP testing when it was revealed that many diesel engine cars were dirtier than most – if not all – makers claimed.

During the first nine months of 2019, EU new car registrations were down 1.6% compared to the same period the year before. Despite demand recovering across the European Union in September, Germany (+2.5%) was the only major market to post positive results so far this year. Spain (‐7.4%) saw the strongest drop, followed by the United Kingdom (‐2.5%), Italy (‐1.6%) and France (‐1.3%). Continue reading

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Global Light Vehicle Sales Fall Again in September

AutoInformed on Global Light Vehicle Sales September 2019

Click to Enlarge.

Global Light Vehicle (LV) sales fell 2.7% year-on-year (YoY) in September, while the selling rate dropped to 89.6 mn units/year, from 94.4 mn units/year in August, according to consultancy LMC.

In their view the decline in the selling rate in September seems partly a result of further changes to the WLTP** emissions testing regime in Europe, which may have pulled sales forward to August, at the expense of September. In China, LV sales dropped once again. Unfavorable calendar effects thwarted any chance of YoY growth in the US, even though the selling rate was good.
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