Tag Archives: autoinformed.com

CARB Environmental Justice Advisory Committee Renewed

“These appointments demonstrate the Board’s commitment to integrating environmental justice and equity as a cornerstone of CARB’s climate programs,” said CARB Chair Liane Randolph. “We know climate change impacts vulnerable communities the most. Each of these members brings a unique perspective from their communities. By partnering together, we can reduce greenhouse gas emissions and address historic inequities by advancing environmental justice and equity in our implementation of the Scoping Plan.” Continue reading

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NHTSA Prompts Expansion of Hyundai, Kia Fire Recall

Hyundai Motor America and Kia America have issued expanded recalls for unexpected fires on more than 570,000 vehicles. The Korean companies are urging owners to park their vehicles outside and away from homes and other structures until the recall fix is applied, The National Highway Traffic Safety Administration said today in a rare “critical recall alert,” the second one for this life-threatening safety defect. This safety recall is a direct result of NHTSA’s monitoring of recall NHTSA 22V-633, NHTSA said. Continue reading

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March US Auto Sales Forecast Up. Q1 to Set Spending Record

“March is shaping up to be yet another positive month for the industry. With retail sales forecasted to be up nearly 2%, along with average transaction prices tracking up 3.5%, consumers are on pace to spend nearly $50 billion this month, an increase of 5.5% from what they spent on new vehicles a year ago,” said Thomas King, president of the data and analytics division at J.D. Power. Continue reading

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Ford Motor New Financial Reporting – Billions in EV Losses

Part of today’s presentation showed Ford’s nascent electric vehicle venture – Ford Model e – lost $3 billion before taxes during 2021 and 2022. More such losses are coming in the near term. Helping stem the tide of red ink, Ford Blue – its traditional internal combustion business – is forecast to post a $7 billion pretax profit in 2023, marginally better than last year. Ford Pro is forecast to earn $6 billion before taxes, almost double 2022 earnings. Other business units include corporate, Ford Credit and Ford Next, dubbed a new business incubator. Continue reading

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Gen Six Chevy Camaro Stops Production in January

“As we prepare to say goodbye to the current generation Camaro, it is difficult to overstate our gratitude to every Camaro customer, Camaro assembly line employee and race fan,” said Scott Bell, vice president, Global Chevrolet. “While we are not announcing an immediate successor today, rest assured, this is not the end of Camaro’s story.” Continue reading

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Auto Rag Trade – Hyundai Re:Style 2023 Haute Couture

‘Hyundai Re:Style Exhibition’ will be presented at AP Again in Seongsu-dong for three weeks starting 23 March, following a private gala preview event later tonight. As the first ‘Re:Style’ exhibition to be held in Korea, the opening is also in line with the global launch of the all-new KONA Electric. Continue reading

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Stellantis to Spend ~€130M in the Eisenach Assembly for EVs

Opel announced last fall that it would revive GSe as a new sub-brand for electrified models with GSe now standing for Grand Sport electric. The Opel Grandland GSe follows the Astra GSe and the Astra Sports Tourer GSe. Opel claims it is a high-performance, plug-in hybrid with electric all-wheel-drive in the SUV compact class, arguably the fastest growing segment in Europe and Asia. The Opel Grandland currently produced at Eisenach includes plug-in hybrid variants. Opel wants a fully electric lineup by 2028. Continue reading

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John Dion to be Chief Transformation Officer at Struggling Ford

Ford Motor reported a disappointing 2022 full-year net loss of $2.0 billion. During Q4 of 2022 Ford posted an adjusted EBIT $10.4 billion, and operating cash flow $1.2 billion for the quarter, $6.9 billion for the year. This was in stark contrast to GM, which reported a record $14.5 billion in earnings for 2022. (autoinformed.com: GM Posts Record $14.5 Billion in Earnings During 2022) “We should have done much better last year,” said CEO Jim Farley at the time. “We left about $2 billion in profits on the table that were within our control, and we’re going to correct that with improved execution and performance.” Continue reading

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BMW Manufacturing Spartanburg Supports 43,000 SC Jobs

The plant’s direct employment base also accounts for 4.8% of all manufacturing jobs across South Carolina. The former Confederate state of South Carolina is currently enmeshed in battle over whether or not to impose the death penalty for abortions. BMW Manufacturing has a Family Health Center at its South Carolina plant for all BMW workers, retirees and their dependents with occupational, primary care services, as well as vision, dental and physical therapy. The combination of cost savings and the benefits of having medical services all in one location offer the company’s non-unionized workforce a progressive option in their healthcare management. The center is a $5 million investment in a 25,000 square foot facility. To say that this would be a politically sensitive at a woke German automaker is an understatement. Continue reading

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More Ford Recalls Published – Millions of Vehicles Involved

According to the latest safety defect recalls made public this morning by the National Highway Traffic Safety Administration, aka NHTSA, Ford Motor Company is also recalling numerous vehicles that have not been published by AutoInformed. These include recalls for windshield wipers, brake calipers, brake hoses, and towing trailer tail lights. In some cases millions of vehicles are involved. Continue reading

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Ford Motor Recalling Bronco SUVs Again

Affected Bronco SUVs are equipped with 8-inch low-level SYNC infotainment screens and have had a previous Ford safety recall 22C27 performed. Information as to the applicability of this action to specific vehicles “can best be obtained by either calling Ford’s toll-free line (1-866-436-7332) or by contacting a local Ford or Lincoln dealer who can obtain specific information regarding the vehicles from the Ford On-line Automotive Service Information System (OASIS) database,” Ford said in the filing. Continue reading

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American Honda Recalls 450,000 Vehicles for Bad Seat Belts

Registered owners of all affected vehicles will be contacted by mail and asked to take their vehicle to an authorized Honda dealer. The vehicles covered by the safety defect recall are: 2017-2020 model-year CR-V, 2018-2019 Accord and Accord Hybrid, 2018-2020 Odyssey, 2019 Insight, and 2019-2020 Acura RDX vehicles. Continue reading

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Ford Recalls Steering on Bronco Wildtrak, Bronco Raptor

Ford’s Field Review Committee reviewed the concern and approved a recall on 3 March 2023. There have been no reports of accident or injury associated with this safety defect.However, owner notification letters are not expected to be mailed until 27 March 2023. Nexteer Automotive in Auburn Hills Michigan is the supplier of the steering gear. Continue reading

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New Mercedes-Benz GLB Mild Hybrid Shown in Europe

In Stuttgart today Mercedes Benz released European photos of the 2024 Mercedes-Benz GLB mild hybrid that will appear in US showrooms later in 2023. Basically it’s a freshening of the compact SUV with a redesigned front bumper and contoured side graphics. There are now new full-LED headlights and taillights, along with a range of expanded options, including two additional wheel designs in 18- and 20-inch sizes and new Starling Blue Metallic paint. Continue reading

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Higher US Electricity Rates Lowers EV Charging Satisfaction

“Whether you’re an automaker, dealer or utility company participating in the EV ecosystem, improving the EV owner experience with respect to home charging should be a common goal shared by all,” said Brent Gruber, executive director of the EV practice at J.D. Power. Continue reading

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