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ASEAN Light Vehicle Sales Still Soaring in March
ASEAN LV sales continued to increase in March (+17% YoY and +32% MoM), improving Q1 2021 sales by 23% YoY, according to the LMC Automotive consultancy. LMC attributed this to falling COVID-19 cases leading to normalizing economic activity and mobility in the region. “As a result, overall ASEAN LV sales are now increased to 3.10 mn units, or a 13% YoY increase, this year,” said LMC. Continue reading
Posted in sales
Tagged ASEAN Light Vehicle, auto industry commentary, autoinformed.com, Ken Zino, lmc automotive
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CARB to Open New SoCal Headquarters to Public
“This world-class facility houses the newest advanced vehicle emissions testing laboratory in the world. The new headquarters and laboratory will enable CARB to continue its globally recognized research and achievements in reducing air pollution and fighting climate change over the coming decades. Continue reading
Honda Title Sponsor of the 2022 F1 Japanese Grand Prix
In this year’s Japanese Grand Prix, 10 teams – including Oracle Red Bull Racing and Scuderia AlphaTauri, which Honda supports as a team partner – will compete with 20 drivers who will demonstrate their driving skills and judgment or lack thereof in a racing series that changed its rules this year to allow a novel concept in Formula One – passing. Continue reading
Posted in racing
Tagged auto industry commentary, autoinformed.com, F1 Formula One, fia, Ken Zino, Koji Watanabe
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Restricted Sale of Genesis GV60 EV Starts Today at $60,000
The GV60 will be offered in two packages in the United States. Initially, the 2023 Genesis GV60 will only be sold at some Genesis retailers in California, Connecticut, New Jersey, and New York. It is as much a biometric information sales experiment as it is a vehicle. Customer response will be worth watching. No range numbers were in the release? Continue reading
A Closer Look at Biden’s 49 MPG CAFE Standard
The new Corporate Average Fuel Economy standards proposed by the Biden Administration# last month require an industry-wide fleet average of ~49 mpg for passenger cars and light trucks in model year 2026, the strongest fuel efficiency standards to date. On … Continue reading
Posted in customer satisfaction, electric vehicles, fuel economy or emissions, global warming, news analysis
Tagged auto industry commentary, autoinformed.com, cafe, center for automotive research, Ken Zino, nhtsa, President Biden’s Executive Order 13990, Putin’s war on Ukraine and democracies
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Mercedes-Benz USA – Stop Driving ML, GL, R-Class Vehicles
Mercedes-Benz AG has found that moisture may wick under a rubber sleeve installed around the brake booster housing. Following extended time in the field with significant water exposure, this safety defect could result in corrosion in the joint area of the brake booster housing, thus contributing to a vacuum leak at the brake booster. The brake force support might be reduced, leading to an increase in the brake pedal forces required to decelerate the vehicle and/or to a potentially increased stopping distance.In some cases it could be impossible to stop the vehicle with the brake pedal. Continue reading
CBO – Taxpayer Cost is $31B for Troubled Asset Relief Program
To AutoInformed’s knowledge not one person at the firms responsible has been successfully prosecuted for what was rampant financial fraud that caused the housing and stock markets to collapse as the ratings agencies paid by the swindlers continued to claim the complex financial instruments issued were investment grade when they were indeed junk. Junk bonds – never has a financial instrument so honestly been named. Continue reading
Nissan Posts First Annual Profit in Three Years.
“It is clear that our industry and therefore our performance was impacted by intensifying headwinds in the last fiscal year,” said chief operating officer Ashwani Gupta, warning that conditions remain uncertain to an unprecedented degree. Continue reading
Posted in financial results
Tagged Ashwani Gupta, auto industry commentary, autoinformed.com, Ken Zino, Nissan Motor
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Ford India Shelves EV Manufacturing Export Plans
In an official response as Ford’s Annual Meeting was underway in the US, Ford India’s spokesperson confirmed and said, “After careful review, we have decided to no longer pursue EV manufacturing for exports from any Indian plant.” At the Annual Meeting Bill Ford and Jim Farley fielded tough questions about its EV strategy, splitting the company into two arms and ongoing supply chain and perennial guilty problems. Ford shares are down ~40% this year. (AutoInformed: Ford Motor Blues – Q1 Loss of $3.1 Billion; Ford Motor Structure Threatens Viability. Vast Reorg Coming) Continue reading
Volta Trucks Says it Has a US Market Strategy
Volta Trucks will initially introduce a Pilot Fleet of 100 Class 7 trucks in mid-2023 that will be evaluated by US customers, starting in Los Angeles in mid-2023, with additional cities to follow, ahead of a promised roll out of production vehicles in 2024.
However, thus far Volta Trucks has built only 24 road-going ‘Design Verification’ prototypes which are currently undergoing testing in Europe. Ahead of the introduction in North America, the company expects to have already built more than 1,500 full-electric Class 7 trucks for European customers. Continue reading
Driverless Cars – People Less Positive Than You Might Assume
If you’re like most auto enthusiasts, likely you are comfortable with the progress of technology from manual chokes to feed-back carburetors to port and then direct fuel-injection. When looked at through the windshield of a sports car, electronic shifting and … Continue reading
California Clean Fuel Incentives Reward 250,000 EV Buyers
CARB and car dealers wanted a program to help support the sale of plug-in cars that involved making funds immediately available at the dealership, as opposed to other incentive programs that required applications and a waiting period to receive them. Continue reading
Renault Group, Plug Power to be at HyVolution Tradeshow
HYVIA is preparing a portfolio of three hydrogen powered light commercial vehicles: a van, a chassis cab and a city bus, with a range of up to 500 km, as well as a complete ecosystem of H2 stations, H2 production and associated services. The first vehicles are expected to be on the road from mid-2022. With a payload of up to 1000 kg, Master Chassis Cab H2-TECH is equipped with a 30-kW fuel cell, a 33-kWh battery and tanks containing 3 kg of hydrogen (2 tanks of 1.5 kg) at 700 bars. Continue reading
Europe’s Diesel Car Problem – 20% of the Market!
The latest diesel sales information comes at a time when 27 automakers are lobbying the EU to ban the sale of all, yes all internal combustion vehicles by 2035 and replace them with zero emissions vehicles – aka electric – if the Global Warming goals of net zero emissions are to be met by 2050 to avoid the worst impacts of planet- and people-killing climate change. Continue reading →