Tag Archives: autoinformed.com

Hyundai Motor Updates Growth and Profit Strategy

Hyundai Motor Company (KRX: 005380 KS) in New York today unveiled its latest growth strategy at the company’s first CEO Investor Day held outside of Korea. The event served as a stage to convey the company’s mid-to long-term strategy to investors and stakeholders, prompted in large part by Trump’s tariff wars.

“In an industry facing unprecedented transformation, Hyundai is uniquely positioned to win through our unmatched combination of compelling products, manufacturing flexibility, technology leadership, outstanding dealer partners and global scale,” said José Muñoz, President and CEO of Hyundai Motor Company. Continue reading

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Extreme H to Hold First Hydrogen Powered World Cup Race

The Fédération Internationale de l’Automobile (FIA), the global governing body for motor sport has signed a multi-year agreement with Extreme H to deliver the world’s first hydrogen-powered World Cup event.

“The World Cup will test the boundaries of what can be achieved in motor sport and the wider automotive and energy industries, opening up opportunities for further investment into hydrogen infrastructure by showing what is possible, and driving progress towards a low-carbon future,” said Extreme H, which is an extension of Extreme E racing that uses electric vehicles. Continue reading

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Constitution Day 2025 Thoughts

The point here is that to govern without facts is madness. Leaving aside the historical revisions that show that King George III, the monarch who lost the colonies to what became the United States, was, well,  mad as a hatter in his later years. Donald J. Trump – the man who wishes to be our King now  – should not be our president based on his deteriorating mental condition. He doesn’t even know what is going on in his own administration.Is Trump going to fire the entire CBO? [See the following] It’s time for “We the People” to fire Trump and his Curia Regis, the advisors – cabinet members, agency heads and the like – who are against the facts or falsify them. Continue reading

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IndyCar announces 17-Race 2026 Schedule

“Our growth is industry-leading and will only accelerate faster as we continue our powerful partnership with Fox Sports and increase investment in our events,” Penske Entertainment Corp. President and CEO Mark Miles said. “The 2026 NTT IndyCar Series schedule provides a dynamic showcase for our sport and its stars, blending fan-favorite race weekends with incredible showcases at exciting new venues. We cannot wait for 2026.” Continue reading

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CARB Chair Liane Randolph to Retire

Late yesterday, California governor Gavin Newsom announced that California Air Resources Board (CARB) Chair Liane Randolph will be retiring from state service effective 30 September 2025. Newsome named Senior Advisor to the Governor for Climate Lauren Sanchez to serve as the next CARB Chair. Chair Sanchez starts 1 October 2025 and assumes Chair Randolph’s current term which ends in December 2026. The appointment is subject to state Senate confirmation. It is inarguably the most powerful position in the Clean Air movement now that the US EPA has abandoned its role on protecting the environment and dealing with planet threatening Global Warming. Continue reading

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Bad Defrosters – Toyota Motor Recalls Lexus and Subaru SUVs

Toyota Motor Engineering & Manufacturing (Toyota) is recalling ~94,000 2023-2025 model-year bZ4X, Lexus RZ, and Subaru Solterra SUVs. During certain Heating, Ventilation, and Air Conditioning system problems (HVAC), such as electrical compressor failure, the defroster and defogger system may become inoperative because of a software problem in the Denso supplied ECU software. Apparently, Transport Canada originally identified the safety hazard. Continue reading

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Ford Motor Recalls 1.5M Vehicles for Bad Rear-View Cameras

Ford Motor Company (NYSE: F) is model-year  2015-2019 Lincoln MKC, Mustang, F-350 SD, F-250 SD, F-450 SD, 2015-2017 Lincoln Navigator, Expedition, 2015-2018 Edge, Transit Connect, 2016-2019 F-550 SD, Transit, 2017-2019 Econoline and 2019 Ranger vehicles. The rearview camera may display a distorted, inverted, or blank image when the vehicle is in reverse. The latest of seemingly endless recalls were made public today by the National Highway Traffic Safety Administration. It is an expansion of a previous recall involving a Magna produced part. Continue reading

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Ford Motor to Demolish Glass House, Build New WHQ

In a letter sent to Ford employees this morning Bill Ford, executive chair, and Jim Farley, president and CEO, said Ford Motor Company (NYSE: F) will demolish its World Headquarters, aka Glass House, and replace it on the newly named Henry Ford II World Center, formerly the Product Development Center or Campus. It is scheduled to open this November. It will be dedicated as Ford World Headquarters. Ford did not name the architect.

“This is more than just a new building; it’s a catalyst for innovation and a physical symbol of our Ford+ transformation. To win in this new era, we must work more closely together than ever before,” Bill Ford and Jim Farley said. “This is more than just a new building; it’s a catalyst for innovation and a physical symbol of our Ford+ transformation. To win in this new era, we must work more closely together than ever before.” Continue reading

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UAW Has Tentative Contract at GE Aerospace

The UAW said today that after a two-week strike over “unfair labor practices,” UAW Local 647 members at GE Aerospace now have an agreement that addresses  the principal issues. The tentative agreement covers a five-year term. However, all picket lines at both the Erlanger, Kentucky and Evendale, Ohio sites will continue until the UAW Local 647 membership (~600) at GE Aerospace holds a ratification vote on Friday 19 September 2025. The strike was the first UAW strike at GE since 1988. Continue reading

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Mercedes-AMG Hybrid Wagon Priced – Bring Money

Mercedes-Benz USA said today that 2026 Mercedes-AMG E 53 Hybrid* arrives at U.S. dealerships in early fall 2025, starting from $93,3502. That excludes a $1150 destination and delivery charge as well as options. AutoInformed speculates that Trump Tariff chaos had something to do with the price. Green would be an appropriate color under the circumstances. No U.S. photos or the rear interior area of the wagon were provided. Continue reading

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New Porsche 911 Turbo S Most Powerful 911 Ever

Porsche (P911.DE) showed the new 911 Turbo S series at the IAA Mobility motor show in Munich. The twin-turbo powertrain with so-called T-Hybrid technology makes the new 911 Turbo S the most powerful production 911 thus far. The sports car, available as a coupé and cabriolet, claims more intelligent aerodynamics, an optimized chassis and more exclusive equipment. Prices, inevitably high, are thus far are unknown. They will be influenced negatively by the ongoing Trump Tariff economic chaos.

“The 911 Turbo S is the most complete and versatile form of driving a Porsche 911. Whether in daily use, on long autobahn journeys or on the racetrack – we have made the new 911 Turbo S even more comfortable, more individual and significantly faster than its predecessor,” said Frank Moser, Vice President of the 911 and 718 model line. Continue reading

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Trump Economics – Growth Slowing, Unemployment Rising

John C. Williams, President and Chief Executive Officer Federal Reserve Bank of New York spoke at the Economic Club of New York on 4 September 2025. The views expressed are his own. However, AutoInformed notes that, regrettably, the data when … Continue reading

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Gasoline Prices Stable as Summer Travel Ends

“The national average for a gallon of regular is down about a penny to $3.19. There remains an abundance of crude oil supply which is outweighing demand. The seasonal transition to winter-blend gasoline – which is cheaper to produce – is also beginning. While the national average has been relatively stable, drivers in the Pacific Northwest are feeling pain at the pump. Gas prices in the area have jumped more than 20 cents in the past week due to the shutdown of a major pipeline that transports fuel from Washington to Oregon. The pipeline is reportedly expected to resume operations in a few days,” said AAA Continue reading

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Trump Tariffs Hit N.A. Automakers $1.389B

“Tariffs hit North American automakers hard in July,” said Patrick L. Anderson, Principal & CEO of Anderson Economic Group. “The automakers made extensive use of temporary allowances that effectively allowed an exemption for the majority of both parts and vehicles through June. That changed in July for assembled vehicles, and we can expect that these costs will become embedded into the prices consumers are paying in the very near future.” Continue reading

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Magna Names Philip D. Fracassa CFO

“I would like to extend my gratitude to Pat for his significant contributions and partnership, particularly during a dynamic period in the global economy and our industry,” said Swamy Kotagiri, Magna President and Chief Executive Officer. “On behalf of the entire Magna team, we wish him the very best in his future endeavors.”

“Phil is a seasoned financial leader with a strong track record of delivering results and driving transformation,” said Kotagiri. “His experience and perspective will be invaluable as we continue executing our strategy and advancing Magna’s financial position. I am looking forward to partnering with Phil on our continued journey,” said Kotagiri. Continue reading

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