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Tag Archives: autoinformed.com
NYET! Russian Grand Prix in Sochi Cancelled
Moreover, the American team Haas abandoned the sponsorship of Russian company Uralkali during preseason testing now going on in Barcelona. Nikita Mazepin of Haas is the only Russian driver in F1 for the impending 2022 season. The sponsorship is a Russian company Uralkali, where his father Dmitry is a large shareholder. Continue reading
Posted in racing
Tagged auto industry commentary, autoinformed.com, f1, formula one, Ken Zino, Putin's Wars, Sochi Autodrom
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Ukraine – Commerce Puts Restrictions on Exports to Russia
The export control measures are the most comprehensive application of Commerce’s export authorities on U.S. items, including technology, as well as on foreign items produced using U.S. equipment, software, and blueprints, targeting a single nation. These were implemented with the cooperation of the United States, the European Union (EU), Japan, Australia, United Kingdom, Canada, and New Zealand. More nations are expected to align their export control policies and requirements with todays actions. “If necessary, based upon any subsequent destabilizing actions by Russia, the U.S. government will follow up in the days to come with additional stringent economic measures,” Commerce said. Continue reading
Ukraine – Dialogue And Diplomacy Are Only Way Forward
“The current tensions primarily affect ordinary people, disrupting their lives on a daily basis and increasing uncertainty for their future. It is also destabilizing the entire region, adding to the economic and social hardship. IndustriALL Global Union and IndustriALL European Trade Union urge the relevant policy makers from Ukraine, the Russian Federation, the USA, the EU and international organizations to redouble their efforts to focus the process towards one of dialogue and political solutions to ensure a stable peaceful outcome for Ukraine, and to guarantee security for Europe and Ukraine’s neighboring countries. Continue reading
Stellantis Claims Record First Year with €13.4B Net Profit
“Today’s record results prove that Stellantis is well positioned to deliver strong performance, even in the most uncertain market environments,” said Carlos Tavares, CEO. Continue reading
Posted in financial results
Tagged auto industry commentary, autoinformed.com, carlos tavares, Ken Zino
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Toyota Expands Customer Data Use for Insurance Savings
CAS does business with insurance carriers to provide customers with the ability to use their driving data to price their insurance “more accurately.” Drivers of Toyota vehicles interested in receiving potential insurance savings can opt in to Insure Connect, Toyota’s latest connected service. The company is also focused on creating a future of safer roads and improved driving conditions. Continue reading
EPA, Louisiana Fine Firestone Polymers for Air Pollution
“This settlement requires Firestone to take concrete steps to reduce emissions of air pollutants from its manufacturing facility in Sulfur, Louisiana,” said Larry Starfield, Acting Assistant Administrator of EPA’s Office of Enforcement and Compliance Assurance. “This will result in cleaner air for communities in Southwest Louisiana, particularly for communities that have suffered a historically disproportionate burden from pollution.” Continue reading
Posted in environment, litigation
Tagged auto industry commentary, autoinformed.com, clean air act, epa, Firestone Polymers, Ken Zino
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Audi of America, Verizon to bring 5G to Vehicle Line
Verizon is also linking with all three major cloud providers for mobile edge compute services, which can be used to develop innovative safety and autonomous driving features. Mobile edge computing with 5G connectivity provides the low latency needed for urgent C-V2X communications, such as the ability for vehicles to communicate with other vehicles, connected infrastructure, and devices in the environment around them in near real-time. Continue reading
Posted in connected vehicles, electronics, mobility company
Tagged 5G, Audi of America, auto industry commentary, autoinformed.com, C-V2X, Ken Zino, Verizon
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First Responder Network – Big Government at Its Best
In 2012, Congress enacted a law to create the First Responder Network Authority within the Department of Commerce to ensure the building, deployment and operation of FirstNet – America’s only nationwide public safety broadband network. Since then FirstNet Authority has developed the network in collaboration with the public safety community. Continue reading
Michigan Gives $7.5m to Ford for Corktown Innovation District
Anchored at the Michigan Central Train Station, which Ford originally announced support for in 2018, the district will be a state-of-the-art facility that will serve as a “globally-recognized hub for talent, mobility innovation, entrepreneurship, sustainability, affordable housing, small business opportunities and community engagement.” Since 2018, Ford has been in the process of investing $740 million in the 1.2-million-square-foot campus, which is expected to hold 5,000 Ford and non-Ford workers. Continue reading
Aston Martin Adds Jobs to Build DBX707 SUVS in Wales
DBX707 is extensively revised in what has become an ultra-competitive luxury SUV segment. Starting with the powertrain, a 4.0-liter twin-turbocharged V8, now has ball bearing turbochargers and a new engine calibration for more power and torque. Also new to Aston Martin’s flagship high performance SUV is a 9-speed ‘wet clutch’ automatic transmission. Capable of managing much increased torque loadings compared with a regular torque converter automatic. The high-performance transmission allows output of the 4.0-literV8 to increase to 707PS and 900Nm, increases of 157PS and 200Nm compared to the DBX (V8). Continue reading
BWT Alpine F1 Team Reveals Its 2022 A522 Contender
The team confirmed single race winner Esteban Ocon and two-time World Drivers’ Champion Fernando Alonso will drive for a second consecutive season. Oscar Piastri is the team’s Reserve Driver in 2022 after his Formula 2 title last year and subsequent ascension from the Alpine Academy. Continue reading
Hagerty International Links with UK’s Manor Park Classics
“Both parties have an exciting range of experiences, sales and activities planned for 2022 making this partnership both energetic and relevant, and we look forward to working together throughout the year ahead,” said Mark Roper, Managing Director for Hagerty International. Continue reading
‘Press Release’ EVs – Volta Trucks Raises €230M
Volta is claiming a “Europe-first principles within its Road-to-Zero Emissions strategy, with Volta Trucks set to launch four full-electric commercial vehicles and increase its projected sales volumes to more than 27,000 by 2025.” Given the competition from existing truck makers, this is ambitious – and only a promise until production begins. Following an order of electric trucks from DB Schenker in late 2021, pre-orders for the Volta Zero now exceed 5,000 vehicles, with a value of more than €1.2 billion, Volta claims. Continue reading
Majorities of Americans Say Union Membership Decline is Bad
“In the survey, 58% of U.S. adults say the large reduction over the past several decades in the percentage of workers who are represented by unions has been somewhat or very bad for the country, while 61% say this has been bad for working people,” said Ted Van Green* of Pew Research. Continue reading
Ukraine – EU Truck Sectors at Immediate Risk. Others to Unfold
Putin’s war against Ukraine continues to present uncertain, but no doubt negative impacts on the global auto industry. The Medium and Heavy Truck segments throughout the European region are now clearly under extreme risk. Other collateral risks – such as the shutdown of Toyota in Japan this morning because of a cyber-attack – will only become apparent after they happen in AutoInformed’s view. Continue reading →