GM Poaches Aurora Exec for Chief Product Officer

Posted on 12 May 2025 by Ken Zino
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General Motors (NYSE: GM) today announced the appointment of Sterling Anderson, co-founder and chief product officer of autonomous trucking company Aurora, as executive VP, Global Product and Chief Product Officer. This can be viewed either as a GM poaching or grabbing an itinerant executive. He will report to GM President Mark Reuss. Anderson joins GM on 2 June 2025 and will be based in GM’s Mountain View Tech Center in California. The latest move comes at a time when Chinese companies are challenging traditional automakers with stunningly short development times and new product debuts with a variety of electronic systems. (Read AutoInformed.com on: Hyundai, Kia Announce Autonomous Investment in Aurora, and McKinsey on EVs – China Most Advanced Region by Far)

“Our customers are expecting more from our vehicles than ever before,” Reuss said. “We have an opportunity to evolve the way we build from the ground up, with tighter integration between software and hardware, shorter development cycles, and an unwavering focus on a seamless customer experience. Sterling brings decades of leadership in automotive engineering and transformative software innovation to his new role and is the right leader to help GM continue leading now and into the future.” Continue reading →

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Hyundai Fire Risk Recall on 2025 Palisade SUVs

Posted on 12 May 2025 by Ken Zino
Ken Zino of AutoInformed.com on Hyundai Fire Risk Recall on 2025 Palisade SUVs

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Hyundai Motor America is recalling ~600 Korean-made 2025 model Hyundai Palisade SUVs. An insufficient seal from Korean supplier MNEX on the controller for the electric oil pump may allow moisture to accumulate in the printed circuit board, which can cause an electrical short circuit and result in a fire. Owners are advised to park their vehicles outside and away from structures until the recall remedy is completed.

“The tooling used for sealing the EOP controller housing during supplier manufacturing contained a damaged spring,” Hyundai told the National Highway Traffic Safety Administration, which made this mandatory recall filing public this morning. Drivers may perceive a burning/melting odor or the illumination of Malfunction Indicator Light. Continue reading →

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Volvo Car USA Rearview Camera Software Recall

Posted on 12 May 2025 by Ken Zino

Volvo Car USA is recalling ~413,000 model year 2021-2025 XC40, 2022 V90, 2022-2025 S90, V90CC, C40, XC60, and 2023-2025 S60, V60, V60CC and XC90 vehicles. The rearview camera image may not display when the vehicle is placed in reverse. These Volvos fail to comply with the requirements of Federal Motor Vehicle Safety Standard number 111 on Rear Visibility. The center display will show “Camera is temporarily not available”.*

Wide Angle Vision Module (WAM) Software from Google is the problem. “A fault code may be set under certain conditions, which could result in the backup camera image to not be available for the rest of the driving cycle. Park assist warnings, rear automatic braking and cross traffic alert will still be functional if the vehicle is equipped with those features, which will automatically stop the car if an obstacle is detected,” Volvo told the National Highway Traffic Safety Administration, which made the mandatory recall filing public this morning. Continue reading →

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Spa-Francorchamps – LeMans Dress Rehearsal this Weekend

Posted on 9 May 2025 by Ken Zino
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The third race of the FIA World Endurance Championship (WEC) will see a multi-brand battle at the Spa-Francorchamps circuit. In what is the dress rehearsal for the 24 hours of LeMans in June at Circuit de la Sarthe. Aston Martin, Cadillac, Corvette, Ferrari, Lexus, Porsche and Toyota, among others will take to the 4.352 mile, 19 turn track with fast sweeping corners.*

Ferrari AF Corse took its third successive pole position in 2025. Antonio Fuoco drove a 1:59.617s lap take  the top spot in the #50 Ferrari AF Corse 499P. Fuoco took the pole by a mere 0.347s. The #83 AF Corse Ferrari joined the #50 car on the front row of the grid, as Robert Kubica was the only other driver to dip below the two-minute mark with a 1:59.964s best run. Making it a 1-2-3 for Ferrari was Antonio Giovinazzi in the Imola-winning #51 Ferrari AF Corse 499P. He set a 2:00.201s best in the car that had been repaired after the Italian crashed in the FP2 session on Thursday afternoon. Giovinazzi survived a late scare with a gravelly slide on the exit of Les Combes. Continue reading →

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Porsche Mourns Jochen Mass Death

Posted on 9 May 2025 by Ken Zino
Ken Zino of AutoInformed.com on Porsche Mourns Jochen Mass Death

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Porsche AG (P911.DE)* said this week that it mourns the “death of one of the family – with gratitude, respect and deep affection.” Jochen Mass, the  former works racing driver died on 4 May 2025 at the age of 78 in Cannes, France.

“We are very saddened by the news of his death. Jochen Mass was a driver with depth. One who could understand the car like few others,”,said Thomas Laudenbach, Vice President Porsche Motorsports. “He had an excellent feel for technology and for everything that makes a team strong. We are losing a remarkable driver and a trusted companion who was with us for many years. His legacy extends well beyond his success – it lives in memories, in stories and in his way of thinking about motorsports. Our thoughts are with his family.” Continue reading →

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Mazda Japanese BEVs to Adopt North American Charging Standard

Posted on 9 May 2025 by Ken Zino
Ken Zino of AutoInformed.com on Mazda Japanese BEVs Adopt North American Charging Standard

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Mazda Motor Corporation (MMC 7261.T)* today announced that a deal was reached with embattled Tesla (NASDAQ: TSLA) to adopt the North American Charging Standard (NACS) for charging ports on Mazda’s battery electric vehicles (BEV) launched in Japan from 2027 onward. The latest development comes after Mazda revealed the EZ-60 BEV at Auto Shanghai 2025 in April. It will be made in China and  goes on sale there this year in pure electric and hybrid versions. Given the Trump tariff trade wars, it is an unlikely export to the United States.

“This will provide Mazda BEV customers with access to Tesla Superchargers across Japan. Mazda BEVs will be compatible with other charging standards besides NACS with the use of adapters,” Mazda said. Continue reading →

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NASCAR, TelevisaUnivision Announce Mexican Broadcast Deal

Posted on 9 May 2025 by Ken Zino

The National Association for Stock Car Auto Racing (“NASCAR”) and TelevisaUnivision,* Mexico’s leading media company, have reached an exclusive broadcast agreement for free-to-air coverage of the sanctioning body’s Mexico City race.  Under this new agreement, TelevisaUnivision will serve as the exclusive free-to-air (FTA) broadcaster in Mexico for the highly anticipated 2025 NASCAR Cup Series race in Mexico City, scheduled for Sunday, June 15 at 3 pm ET or 1 pm. local time. The race will be broadcast live on TelevisaUnivision’s ‘Canal 5’ with full Spanish-language commentary.

“We are thrilled to partner with TelevisaUnivision to bring the NASCAR Cup Series to passionate sports fans in Mexico,” said Nicholas Skipper, NASCAR Managing Director, Media Strategy. “The upcoming race in Mexico City is a significant milestone for our company, and this agreement reflects our commitment to providing the most comprehensive coverage of the event, as we continue to grow our sport internationally.” Continue reading →

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Toyota FY 2025 Results – Net Profit Drops 21%

Posted on 8 May 2025 by Ken Zino
Ken Zino of AutoInformed.com on Toyota FY 2025 Results - Net Income Drops180%

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Toyota Motor Corporations (NYSE: TM and 7203.T) said today in Japan that consolidated vehicle sales for this fiscal year 2025 were 9 million 362 thousand units, which was 99.1% of consolidated vehicle sales for the previous fiscal year. Toyota and Lexus vehicle sales was 10 million 274 thousand units, which was 99.7% of such sales for the previous FY 2024 due to supply constraints caused by the certification issue and other factors. The proportion of electrified vehicles was 46.2%, a significant increase from the previous fiscal year, mainly led by HEVs, which were increased by 850,000 year-over-year.

“In facing various challenges over the past year, our entire company has reaffirmed the importance of Toyota’s starting point of carefully making and delivering quality cars. We will continue to build each car with careful attention to safety and quality to demonstrate gratitude to our customers and all other stakeholders through our actions. Currently, the environment surrounding the automobile industry, including trade relations, is in extreme flux. At a time when changes are rapid and the future is unclear, we believe that we must continue to pursue making good cars without wavering from our principles of product-centered management and striving to be the best in town,” said Koji Sato, President and CEO TMC. Toyota reported a 4.77 trillion yen (~$33 billion) profit, down from 4.94 trillion yen the previous fiscal year. ~180% drop year-over-year. Continue reading →

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A Freshened 2026 Toyota Corolla Cross Debuts

Posted on 8 May 2025 by Ken Zino
Ken Zino of AutoInformed.com on A Freshened 2026 Toyota Corolla Cross Debuts

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TMNA, the North American arm of Toyota (NYSE: TM)* said today in Plano, Texas that the 2026 model Toyota Cross compact SUV has been tweaked.

“The 2026 Corolla Cross is continuing to bring entry SUV customers the combination of style and value that’s just right. For model year 2026 it receives two new front fascia designs, with a modern, color-matched look for the Hybrid version and a bold, rugged design for the gas-powered model. The new front-end designs create a distinct look for each powertrain while also evolving the crossover’s compact, sporty shape. The interior also receives an update with a reconfigured console storage design and larger available touchscreen,” Toyota said. Continue reading →

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Goodyear Completes Sale of Dunlop Brand

Posted on 7 May 2025 by Ken Zino
Ken Zino of AutoInformed.com on Milestones 2025 - the Goodyear Blimp 100th Anniversary

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The Goodyear Tire & Rubber Company* (NASDAQ: GT) said today that it has completed the previously announced sale of the Company’s rights to the Dunlop brand in Europe, North America and Oceania for consumer, commercial and other specialty tires, together with certain associated intellectual property and inventory, to Sumitomo Rubber Industries Ltd (TYO: 5110). Gross cash proceeds at closing totaled $735 million, comprised of $526 million for the Dunlop brand, $105 million for a transition support fee and $104 million for inventory. Goodyear said it intends to use the transaction proceeds to reduce leverage in connection with the so-called Goodyear Forward transformation plan.

“The sale of the Dunlop brand is another action that advances Goodyear Forward by optimizing our portfolio, reducing leverage and sharpening our focus on our core portfolio of brands,” said Goodyear Chief Executive Officer and President Mark Stewart. “Goodyear is making significant progress, transforming our operations and growing in our targeted segments, and I am confident in our ability to continue delivering on our objectives.” Continue reading →

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CARB – Cap and Trade Funds ~$33 Billion of Climate Fixes

Posted on 7 May 2025 by Ken Zino
Ken Zino of AutoInformed.com on CARB - Cap and Trade Funds ~$33 Billion of Climate Fixes

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Nearly $33 billion has been raised to fund so-called climate solutions in communities across the state with money from the state’s Cap-and-Trade Program, according to a new report published by the California Air Resources Board (CARB)* today. The annual report provides detailed information about California Climate Investments, which tracks funds generated by cap and trade auction proceeds and allocated to 117 programs by the State  Legislature.

“California is proving that cutting pollution creates jobs and boosts communities. By holding polluters accountable, we’re sending billions of dollars back to communities and back to people’s wallets through credits on utility bills,” said Governor Gavin Newsom. “And we’ve got the receipts: healthier and cleaner communities and thousands of good paying jobs.” Continue reading →

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WillScot Holdings to Provide Hospitality Spaces for IndyCar

Posted on 7 May 2025 by Ken Zino
Ken Zino of AutoInformed.com on WillScot Holdings to Provide Hospitality Spaces for IndyCar

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Penske Entertainment* today announced a partnership with WillScot Holdings Corp., a provider of temporary spaces, that will see the company become an Official Partner of IndyCar** and Indianapolis Motor Speedway. Through the multiyear partnership, WillScot will provide turnkey space solutions, including mobile offices, storage containers, climate-controlled storage, clear-span structures, restrooms, fencing and other hospitality spaces for use at race events throughout NTT IndyCar Series and IMS seasons. (read AutoInformed on: Holy St Pete! Vivid IndyCar 2025 Season Opener)

We are uniquely positioned to provide all the turnkey space solutions needed at large-scale events like these and are thrilled to partner with Penske Entertainment as the preferred supplier during NTT IndyCar Series and IMS events,” said Tim Boswell, WillScot president and chief operating officer. “This partnership emphasizes WillScot’s ongoing commitment to delivering turnkey space solutions across many industries, including the professional events sector, that help customers operate more efficiently, safely and profitably while delivering an excellent fan experience,” Boswell claimed. Continue reading →

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Cabin Fever at Corvette?

Posted on 7 May 2025 by Ken Zino
Ken Zino of AutoInformed.com on Cabin Fever at Corvette?

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Chevrolet (NYSE: GM) said today that for the 2026 model year, the entire Corvette* lineup of  Stingray, E-Ray, Z06, and ZR1will have an interior  cabin with larger and more advanced driver-centric displays and fresh interior colorways, finishes and materials.

“Corvette is the ultimate American sports car, which is why it has remained the luxury sport segment leader for more than 20 years – with the next competitor a distant second in terms of market share,” said Scott Bell, vice president, Chevrolet. “With these updates, the mid-engine Corvette will continue to cement its leadership for years to come.” Continue reading →

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BMW Group Q1 2025 Earnings Drop 25%

Posted on 7 May 2025 by Ken Zino
Ken Zino of AutoInformed.com on BMW Group Q1 2025 Earnings Drop 25%

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The BMW Group* (Bayerische Motoren Werke AG ADR BMWYY) said today that Earnings (EBIT) for Q1 2025 totaled €2,024 million, down from 2024 at  € 2,710 million for a -25.3% decline). The EBIT margin came in at 6.9% (2024: 8.8%) and was at the high end of the revised BMW target range of 5-7% for the year. Excluding depreciation and amortization from the BBA purchase price allocation, the EBIT margin for the first quarter was 8.1%.** First-quarter Group revenues totaled €33,758 million (2024: € 36,614 million -7.8%; currency-adjusted: -8,7%) Based on the strength of its current operating performance, the BMW Group allocated €1,984  million (2024: €1,974 million/+0.5%) to research and development in the first quarter which was concentrated on electrification and digitalization of the vehicle fleet across all model series. The company also incurred R&D expenditure primarily for the future models of the NEUE KLASSE, such as the BMW iX3, and the successor models to the BMW X5 and BMW X7.

“The more challenging the environment, the more crucial it is to have compelling products, a consistent strategy and a high degree of flexibility. Our technology-open approach remains a key success factor: with our young, highly attractive models and our broad range of drives, we are able to meet the various needs of customers worldwide. This enables us to achieve robust results and stay on course to meet our ambitious full-year targets,” said Oliver Zipse, Chairman of the Board of Management of BMW AG. Continue reading →

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Milestones – 20 Years of Hyundai Motor Manufacturing Alabama

Posted on 6 May 2025 by Ken Zino
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Hyundai Motor Manufacturing Alabama (HMMA)** said today that it celebrated its 20th anniversary with a Team Member Appreciation Day on 3 May 3 2025, on the HMMA campus. The event brought together HMMA team members, their families, and special community guests for a day filled with family activities, plant tours, prize raffles, musical entertainment, and a closing fireworks display. The plant’s 20th year of production will officially be marked on 20 May 2025.*

“Our 20th anniversary marks a notable milestone worthy of celebration by all of our team members and their families,” said Chris Susock, President and CEO of HMMA. “A lot has changed since the first Sonata rolled off the line in 2005. Our technology has advanced, and our processes and models have evolved. But what hasn’t changed – and what has made the biggest difference – is the strength of this team. Together we have built more than vehicles and engines; we’ve built a family with a history to be proud of, on a firm foundation that many future generations of our HMMA family can learn from and build upon.” Continue reading →

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