Tag Archives: autoinformed.com

Volvo Cars Q2 2026 Sales Drop ~6%

Volvo Cars (VOLCAR B:STO)* today reported global sales of 171,501 cars in the second quarter of 2026, down 5.6% from Q2 last year. This is partially due to the difficult operating environment across regions, especially in China, that global automakers are enduring along with the Trump mis-administration tax, trade and foreign policy strategies. [Part of the solution to the Chinese problem is that Chinese owned Volvo cars can export Chinese EVs to global markets, which it is increasingly doing – AutoCrat.]

“Overall market conditions remain challenging, specifically in China, but we are encouraged by the momentum for the fully electric cars in our largest market Europe,” said Erik Severinson, Chief Commercial Officer at Volvo Cars. “We see increased deliveries and order intake for our EX30, even in less electrified South European markets. This is reflected in our higher market share in the growing electric car segments compared to traditional petrol and diesel cars.” Continue reading

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Stellantis Pro One to Unveil an Autonomous Commercial Van

Stellantis (NYSE: STLA. STLAM.MI)* said today it will unveil a so-called “Box-on-Wheels,” a new autonomous concept that is part of its recovery plan* to becoming a provider of integrated logistics solutions. Stellantis Pro One debuts at IAA Hannover in September … Continue reading

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Abu Dhabi Autonomous Racing League to Run at Imola!

“A2RL began in Abu Dhabi with a clear conviction: the future of mobility must be tested openly, rigorously and at the limits of performance. Its international debut at Imola demonstrates how the UAE is translating bold R&D ambition into globally relevant technology platforms that can accelerate progress in autonomous mobility,” said H.E. Faisal Al Bannai, Secretary General of the Advanced Technology Research Council. Continue reading

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Bridgewater Interiors Workers Ratify New UAW Contract

UAW members who build seats for Ford F-150 pickup trucks and Dodge RAM Trucks have ratified a new contract by ~80%, the UAW said today.

“UAW Local 400 members at Bridgewater Interiors are another example of workers in the IPS sector [Independent Parts Suppliers – AutoCrat.]*who are ready to stand up and win their fair share,” said UAW President Shawn Fain. “They don’t treat IPS CEOs like second-class citizens. So why do they treat IPS workers that way? Whether you build axles or seats, the days of allowing IPS workers to be treated like second class citizens is ending.” Continue reading

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Mass Production eVTOL Soon? Joby Aviation and Toyota JV

“Toyota has been by Joby’s side for nearly a decade, providing invaluable guidance and support as we built the foundation for manufacturing our aircraft,” said JoeBen Bevirt (sic) founder and CEO of Joby Aviation. “Today’s announcement reflects the strength of our relationship and our shared confidence in the opportunity ahead. Together, we share a vision of making aerial mobility an everyday reality, and we look forward to delivering on that promise together.” Continue reading

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More Ford Motor Recalls for Rollaways ~740,000 Affected

Vehicle rollaways continue to plague Ford Motor Company (NYSE: F) vehicles according to the latest safety defect recall filings with the National Highway Traffic Safety Administration. More than 740,00 vehicles have a software problem whereby the transmission park pawl may engage while the vehicle is in motion, severely damaging the park system. Affected vehicles were built from 8 January 2020, to 8 October 2021. All are equipped with the so-called with park-by-wire system and 10R80 automatic transmissions.

“In the event of transmission park system damage, the ability of the transmission park feature to hold the vehicle if the parking brake is not applied may be affected. Unintended movement in Park increases the risk of a crash or injury,” Ford said in the mandatory safety defect recall filing with the National Highway Traffic Safety Administration. Continue reading

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IMSA Watkins Glen: Cadillac, Corvette, Porsche Run Solid

The four IMSA WeatherTech SportsCar Championship classes ran at Watkins Glen International for the third IMSA Michelin Endurance Cup race of the season last weekend.* The 3.4-mile, 11-turn road course was used for IMSA and the Sahlen Six Hours of The Glen. Cadillac Racing dominated at Watkins Glen International with Jack Aitken, Earl Bamber and Frederik Vesti winning from the pole in the No. 31 Whelen Cadillac V-Series.R in the Sahlen’s Six Hours of The Glen. Bamber, Aitken and Vesti led 143 of 182 laps to score their second season victory and their record-extending eighth podium finish. The streak is the longest in IMSA GTP history since 2023. They also won last month in Detroit. Continue reading

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Sudden EV Power Loss – Toyota BZ, Lexus RZ, Subaru Solterra Recalled

Toyota Motor Engineering & Manufacturing (NYSE: TM, 7203T) is recalling ~21,000 model-year 2026 Toyota BZ, Lexus RZ, and Subaru Solterra battery electric vehicles. The Denso-supplied electronic control unit (Battery ECU) that controls the high-voltage battery may experience a fault, resulting in a sudden loss of drive power.

 “Toyota observed certain diagnostic data during development testing of a new Plug-in Hybrid Electric Vehicle (PHEV) model. After investigation, Toyota found that the memory in the battery ECU can fail an operation check because a part of the memory address location utilized by the battery control IC overlaps with a part utilized by the monitoring IC. The monitoring IC could repeatedly overwrite data at the same memory address used by the battery control IC when the memory operational check cycle matches the monitoring IC’s write operation cycle,” Toyota said in the mandatory  safety defect recall filling made published by the National Highway Traffic Safety Administration (NHTSA) this morning. Continue reading

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Milestones – 15 Million Honda Accords Sold in U.S.

The 15 millionth Accord, a 2026 Accord Sport-L Hybrid, was purchased from Norm Reeves Honda in Cerritos, Calif. by Andrea, a 26-year-old insurance agent from Southern California. Her new Accord replaces a 2017 Accord Sport that was passed down by her father, whose first vehicle purchase in 1997 was also a Honda Accord. Andrea’s younger sister, Alondra, also purchased a new Honda Accord from the same dealership that day. The 24-year-old chose a 2026 Accord Sport-L Hybrid and is now the owner of the 15,000,001st Honda Accord sold in America. Continue reading

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UAW to “Practice Pickett” Tomorrow at Woodward MPC

More than 800 members of UAW Local 5101, representing workers at Woodward MPC, have voted by 71% to authorize a strike after months of company stall tactics and unfair labor practices during contract negotiations the UAW claims. Woodward workers voted … Continue reading

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June 2026 U.S. Auto Sales Forecast Up 3.6%

“The average interest rate on new-vehicle loans is expected to fall 0.35 percentage points to 6.66%, the lowest June reading since 2022. However, the average transaction price of a new vehicle has increased to $46,387, an increase of 0.8% from a year ago, while average monthly finance payments have climbed 3.4% to $813, the highest ever for the month of June. A key driver of the higher monthly payment, despite longer loan terms, is lower trade-in equity. Many of the buyers returning to showrooms today purchased when prices were at their peak several years ago when inventory was scarce. This is manifesting itself as more buyers carrying negative equity on their trade-in. A total of 29.5% of trade-ins had negative equity in June, up 1.4 percentage points from a year ago.

“Manufacturers are leaning harder on discounts to keep buyers in the market. Average incentive spending per vehicle is trending towards $3,217, a 12.7% increase from a year ago. Part of that jump reflects tariff dynamics last year, since several OEMs made nonseasonal pullbacks in incentive spending last June as they cut discounts precautionary to offset tariff costs,” said King. Continue reading

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BMW Expands Factory Use of Humanoid Robots

“Plant Spartanburg is the birthplace of humanoid robotics in BMW Manufacturing’s operational day-to-day activities,” said Ulrich Wieland, Vice President of Production Control and Logistics, BMW Manufacturing. “Having already successfully completed a pilot with Figure 02 in our body shop, we are now looking forward to deploying Figure 03 for a sequencing use case in logistics.” Continue reading

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“Disasters” – UAW on NAFTA, U.S.-Mexico-Canada Agreements

“There is no way back to the American Dream without undoing the damage of NAFTA and its successor, the USMCA,” said UAW President Shawn Fain. “There is no future for the U.S. working class that doesn’t address the free trade disaster. Progressives and working-class allies need to understand that trade is at the heart of the rise of global authoritarianism, wealth inequality, and the political weakness of the working class.”

“The moral vision of a society where working-class people reclaim their dignity relies on reining in the rising billionaire dictatorship,” Fain said. “NAFTA and similar trade agreements are the social contract as written by multinational corporations. It’s time we rip it up and start over and take back the American Dream.” Continue reading

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Connectivity Snags Haunt Improvements in New-Vehicle Quality

“As more technology is introduced into vehicles, keeping the experience simple matters more than ever,” said Frank Hanley, senior director of auto benchmarking at JD Power. “The biggest gains in quality come from features that are easy to use—simple controls, less-intrusive driver assistance and software that works the way customers expect. When technology becomes too complicated, the likelihood of customers experiencing a problem rises considerably.” Continue reading

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Trumped! – 2026 Vehicles Sales Forecasts All Down

“The top theme over the last year or so has really been affordability, and this isn’t only related to the auto industry but really about everything facing consumers. And the issue is ALL about purchasing power or more clearly – the erosion of purchasing power for many Americans over the last several years. We’ve all seen new highs in the stock market that have happened many times this year, and those equity gains and asset appreciation really help high income households. Those consumers are driving a lot of consumption across the economy, but the wealth effect gains are concentrated at the very top of the pyramid. The vast majority of the US population sees little gain from the wealth effect and their number one source of income are the paychecks they take home every week. That’s why inflation matters,” said Jeremy Robb, Chief Economist Cox Automotive. Continue reading

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