Tag Archives: autoinformed.com

AAA – Pump Gasoline Prices Still Soaring

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

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 … Continue reading

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Stellantis N.V. Securities Fraud Lawsuit Announced

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. Continue reading

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AB Volvo Board Meeting Approves Extraordinary Dividend

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. Continue reading

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Penske Truck Rental – New Indy 500 VIP Contest

“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

“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

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

“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

“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

“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 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

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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Shared Fuel Cell Technology – Daimler Truck, Volvo, Toyota

Daimler Truck AG (Daimler Truck), the Volvo Group (Volvo), cellcentric (sic) and Toyota Motor Corporation (Toyota) have signed a non-binding agreement to cooperate in the fuel cell system joint venture called cellcentric. The timing is propitious given the Artemis II Orion spacecraft uses hydrogen-oxygen fuel cell systems to generate electricity and potable water for the crew during its 10-day mission that is underway. Continue reading

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Lucid Debuts 2027 Gravity Model EV Lineup

Lucid Group (NASDAQ: LCID) this week announced updates and enhancements to the Lucid Gravity model lineup for the 2027 model year along with the Lucid Air sedan. Both models are “soon to be joined by the mid-size Lucid Cosmos and … Continue reading

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April is Distracted Driving Awareness Month

“No one should ever get hurt or lose their life because of a text or a phone call,” said Lorraine Martin, NSC CEO. “By keeping our eyes on the road and our hands on the wheel, we all have the power and responsibility to make our roads safe for everyone. The National Safety Council calls on every driver to travel distraction free – doing so will save lives.” Continue reading

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