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Tag Archives: autoinformed.com
LG Electronics to Reimburse GM for $1.9B Bolt EV Recall Costs
As a result of the agreement, GM will recognize an estimated recovery in its third-quarter earnings that will offset $1.9 billion of $2.0 billion in charges associated with the recalls. Continue reading
Operator Error – Ford Recalls 2021 Bronco for Bad Airbags
Further review of the supplier’s test data found test anomalies were completely associated with bags folded by one of the six associates assigned to the airbag fold operation. It was eventually determined that this distinct associate began introducing an extra fold operation when reassigned to this fold operation in late June. Continue reading
Posted in quality, recalls, safety
Tagged 2021 Bronco Recalls, auto industry commentary, autoinformed.com, ford recalls, Ken Zino, nhtsa
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Stellantis EV Trifecta – $229 Million to Three Kokomo Plants
In the U.S., Stellantis’ LEV mix for passenger cars and light-duty trucks is expected to be more than 40% by 2030. The Company is targeting for the total cost of ownership – not buying price – of EVs to be equivalent to internal combustion engine vehicles by 2026. Continue reading
Posted in electric vehicles, global warming, manufacturing
Tagged auto industry commentary, autoinformed.com, chrysler, Dodge Stellantis, jeep, Ken Zino, ram
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Endurance Racing – Alpine Signatech in LMDh from 2024
Alpine says it wants to add new entries to its list of achievements. From 2024 onwards, Alpine will enter the LMDh, one of the two regulations of the Hypercar category. Alpine will field two cars designed around an Oreca chassis and, bien sûr, an Alpine engine developed at Viry-Châtillon. The power unit will derive with all the expertise acquired in Formula 1 by Renault. Continue reading
Posted in marketing, racing
Tagged Alpine A480 Gibson, Alpine Elf Matmut, auto industry commentary, autoinformed.com, Ken Zino, le mans, Renault
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Dealer Demise? The Hyundai Amazon Digital Retail Experience
How long the dealers remain part of the process is an interesting question. Continue reading
September West EU Car Sales in Severe Supply Slump
“The latest monthly results are clear evidence of the major sourcing issues that are haunting global vehicle production currently, with dealerships unable to meet consumer demand. Adding to market headwinds, those vehicles that are available are generally higher priced, as OEMs look to target the production of higher margin products,” said LMC. Continue reading
GM’s Dual Platform Strategy – Doubling Revenues by 2030?
However, the success of the prediction will depend on GM smoothly transitioning from internal combustion engines, traditional blacksmithing manufacturing, while keeping dealers and training them for what is the most significant transformation the auto industry has ever seen. This is how science fiction becomes science fact with GM selling more than one million EVs by 2025; 30 million connected vehicles in North America on the road by 2030. Along the way the United States and ultimately the world will turn into an environmental culture that uses technology to make things cleaner and safer. Continue reading
September US Auto Sales at 2021 Low Point
Automakers sold just under 1 million during September, down by -25% YoY. The annualized rate fell to 12 million units, the same level registered in May 2020 and 1 million units under the August Seasonally Adjusted Annualized Rate, aka SAAR. During Q3 light vehicle sales totaled 3.36 million units, down by -14% YoY and the lowest Q3 since 2011 as volumes plunged -22% from the pre-pandemic level in Q3 2019. Continue reading
Posted in economy, sales
Tagged auto industry commentary, autoinformed.com, Ken Zino, lmc automotive, Q3 US light vehicle sales
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GM Recalls 15,000 SUVs for Sudden Stalling
Dealers will replace the fuel pump power control module, free of charge as required by US law. Analysis of field data and returned warranty-replaced parts indicates that the condition was caused by a supplier manufacturing issue by Vitesco Technologies in Seguin Texas. Continue reading
EV Battery Gold-Rush – GM and Wolfspeed Cut Deal
In a move that is designed to ensure supply and assuage the doubts of the capital markets about the semi-conductor shortage disaster, as part of the agreement, GM will participate in the so-called (and unproven) Wolfspeed Assurance of Supply Program (WS AoSP), which “is intended to secure domestic, sustainable and scalable materials for EV production.” Continue reading
Rolls-Royce ‘Boat Tail’ Makes Global Debut
Boat Tail marks a retrograde moment in the archives of Rolls-Royce, “demonstrating the brand’s commitment to coachbuilding as a central part of its future direction and portfolio. It continues and accelerates a contemporary coachbuilding movement that began with Sweptail, the first Coachbuild Rolls-Royce of the modern era, which also made its first public appearance at Villa d’Este back in 2017.” Continue reading
GM Q3 US Sales Drop -33% as Semiconductor Shortage Bites
During the quarter, GM provided an update for investors that its wholesale volumes in North America in the second half of 2021 would be down about 200,000 units from the first half, largely because of supply chain disruptions in Malaysia caused by COVID-19, with most of the impact occurring during the third quarter. Continue reading
Posted in economy, results, sales
Tagged auto industry commentary, autoinformed.com, GM Q3 2021US Sales, Ken Zino, semiconductor shortage
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Mazda, Toyota Building 2022 Corolla Cross in Alabama
Alabama, aside from its history of racism and white supremacy, is a right to work*” (for less?) state, which means workers don’t have to be unionized.** Want to bet the Mazda will be a crossover, with maybe a sub-line for a hybrid and or EV? Toyota is vehemently lobbying against the Biden Administration’s ambitious Build Back Better plan that has a provision for made in American by union workers to be eligible for substantial taxpayer-subsidized EV subsidies. This is part of a forward-thinking strategic plan to create middle-class jobs and benefits from the Administration that was put in place by a majority of voters to rid our democracy of the treasonous former Administration still being led from Trump Castle in Mar-a-Lago (Mar-a-Lardo?) that promoted the January 6 insurrection attempt to take over the US Capital and overturn the Presidential election, aka Big Lie that is the ongoing core (rotten) of the Republican party.
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Honda Aircraft Shows First Light Jet Able to Cross US Nonstop
The HondaJet 2600 also has the tallest cabin height. It has class-leading pressurization with a cabin altitude of 6,363 feet at its max operating altitude. HondaJet 2600 will offer 3 types of modular and customizable cabin configurations. Continue reading →