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Ford Joins 50 First Mover Coalition Companies
Ford is committing that at least 10% of its primary aluminum* purchases will have near-zero carbon emissions by 2030, a small step in the right direction of addressing planet-killing and people killing global warming. Continue reading
Posted in news analysis
Tagged auto industry commentary, autoinformed.com, COP26, john Kerry, Ken Zino, recycled, World Economic Forum
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Semiconductor Crisis – Toyota Again Suspending Production
“We at Toyota would like to again apologize for the repeated adjustments to our production plans due to the parts shortage resulting from the spread of COVID-19, and for causing considerable inconvenience to our customers, suppliers, and other parties concerned,” Toyota said. Continue reading
Posted in customer satisfaction, manufacturing
Tagged auto industry commentary, autoinformed.com, Ken Zino, semiconductors
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Stellantis and Samsung SDI JV to Build EV Batteries in Kokomo
The joint venture company will invest more than $2.5 billion (€2.3 billion) and create 1400 new jobs in Kokomo and the surrounding areas. The investment could gradually increase up to $3.1 billion (€2.9 billion). The new facility will supply battery modules for a range of vehicles produced at Stellantis’ North American assembly plants. Continue reading
Toyota 4Runner 40th Anniversary Special Edition Debuts
The 2023 Toyota 4Runner 40th Anniversary Special Edition is based on the SR5 Premium grade and will be available in three colors: White, Midnight Black Metallic and Barcelona Red Metallic. It has bronze-colored 17-inch alloy wheels, a body-color-matching heritage grille and a bronze-colored 40th Anniversary exterior tailgate badge. In short, all the “usual” special edition tweaks. Continue reading
BMW Group to Open Cell Manufacturing Center this Fall
In an area of ~15,000 square-meters, the BMW Group claims it will demonstrate industrial feasibility of future generations of high-performance battery cells. The pilot line will make it possible to analyze and fully understand cell value creation processes. “This will enable future suppliers to produce cells to the BMW Group’s own specifications and thereby further optimize battery cell production with regard to quality, output and costs. The company is currently ruling out the option of establishing its own large-scale battery cell production,” BMW said. Continue reading
NHTSA – Hyundai and Kia Recalls for Rollaways
A software error in the Shifter Control Unit (SCU) may disengage the parking mechanism, which can allow the vehicle to rollaway. NHTSA recalls: Hyundai 22V324000 and Kia 22V322000. Continue reading
SVRA to Sanction Chattanooga Motorcar Festival Pace GP
This will be its third annual event on 14-16 October 2022. The course, along the banks of the Tennessee River, will now include an infield loop and other track improvements. Practice laps begin on Thursday. Racing will take place on Friday and Saturday of the Festival. Continue reading
Hyundai Motor Group to Build EV and Battery Plant in Georgia
The new plant represents an investment of ~$5.54 billion. Commercial production to begin during the first half of 2025 with annual capacity of 300,000 units. With the additional EV and battery production capabilities, the Group aims to become one of the top three EV providers in the US by 2026. Continue reading
CARB Presents Six 2020-2021 Haagen-Smit Awards
“The Haagen-Smit Award is our way of honoring individuals who have championed public health with innovative and far-reaching contributions to air pollution research, science, clean air technology and advocacy, policy and leadership,” CARB Chair Liane Randolph said. “From shaping our understanding of the human health impacts of toxic diesel pollution to groundbreaking work in atmospheric chemistry research, the long and distinguished careers of these six extraordinary people have changed how we address climate change and fight air pollution around the world.” Continue reading
BMW iX Flow Connected Directly to the Brain?
“We have already introduced further improvements for the technology since CES,” said Stella Clarke, project lead of the BMW iX Flow. “Previously, the changes between color patterns only took place in a gradual transition. Now, the control electronics have been tweaked to enable instantaneous transformations, resulting in an even more stunning visual effect.” Sounds like a stoner on speed to AutoInformed. Keep truckin’. Continue reading
Mercedes-Benz to Increase Focus as a Luxury Car Company
Mercedes-Benz will change its product portfolio, allocating more than 75% of its investments to develop products for the most profitable market segments. As part of this strategy designed to please the capital markets, Mercedes-Benz aims to increase sales share of its Top-End vehicles by around 60% by 2026 compared to 2019. Like many auto companies it intends to achieve “higher quality growth and a further significant increase in profitability and resilience, striving for an operating margin target of approximately 14% by mid of the decade in favorable market conditions.” Continue reading
Lamborghini Joining IMSA GTP LMDh in 2024
Since 2016, Lamborghini has posted 15 victories in the WeatherTech Championship GTD class, including consecutive wins at the Rolex 24 in 2018, ‘19 and ’20. Continue reading
Record Auction Price – €135m for Mercedes-Benz 300 SLR
A Mercedes-Benz 300 SLR Uhlenhaut Coupe from 1955 has been sold at auction for a record price of €135 million to a private collector, Mercedes-Benz said today. It was one of just two prototypes built at the time. Named after … Continue reading
EU Passenger Car Sales Drop 21% in April
With the exception of the pandemic year in 2020, this was the weakest April result in terms of volumes sold since records began. Put another way, Russian roulette is a bad game. All major markets contributed to the region’s negative performance: Italy (-33.0%), France (-22.6%), Germany (-21.5%) and Spain (-12.1%), according to ACEA Continue reading
Pure EV Sales at All-Time Record in US
Pure EV Sales at All-Time Record in US, whose transaction prices are close to a $70,000 making them a new category – Luxury Clean – in AutoInformed’s view. Republicans, with a history of backing from Big Oil, continue to block the Biden Administration’s Build Back Better bill that addresses drastic climate change and prepares the way for a cleaner future. Continue reading →