-
Recent Posts
- Mazda Axes Advance, Production and Design Modeling Studios
- Detroit Auto Show 2026 – Winners of HS Poster Contest
- Rising EV Sales Deepen Need for Charging Systems
- ACEA – EU November Car Sales Flat. Tesla Wilts
- Honda Aircraft Company Offers Performance Upgrade Package
- November 2025 UK Vehicle Production Plunges
- US New-Vehicle Sales Q4 Forecast Down in 2025. Year Up a Tad
- Toyota to Export U.S. Made Vehicles to Japan
- Nissan Claims to Kill Wireless Phone Charging Bugs
- Electrify America EV Charging Adds WS Development
- Q3 2025 Airline Profits in Trump Slump
- Honda Recalls 2025 CR-V Fuel Cell EVs
- Ford Motor Eliminates Model E in Profit Seeking About Face
- Wadda You Say? Personalized Sound at Nissan, Infiniti
- Bye Sauber – Hi Audi Revolut F1 Team
Recent Comments
- Magna on its Share Repurchase Plan in reference to on Magna Posts Solid Q3 2025 Earnings Gain
- Daniel Ricciardo Global Ford Racing Ambassador on Ford Performance Rebranded as Ford Racing
- Gen 3 2026 Nissan Leaf Less than $30,000? | AutoInformed on Milestones – Nissan Begins Assembly of 2013 LEAF EV in Tennessee
- ACSI – Customer Satisfaction with Autos Dropping | AutoInformed on New DOGE Scorecard Announced to Track Trump
- Cadillac Off-Roader – Elevated Velocity | AutoInformed on Annals of Marketing – Cadillac Opulent Velocity Concept EV
Archives
Meta
Tag Archives: autoinformed.com
Renault Group Boasts €2B Fixed-Cost Cuts Ahead of Plan
“These results are the fruits of our strategic Renaulution plan, focused on profitability. They mark only the first step in our turnaround, which should accelerate with the arrival of the new vehicles in preparation. I would like to thank all our employees for their commitment in achieving these results,” declared Luca de Meo, CEO of Renault Group. To AutoInformed, it seems premature to have a French victory toast at this point in the ongoing covid and automotive wars. C’est fous. Continue reading
Daimler Boards Approve Spin Off of Mercedes-Benz Cars and Daimler Truck as Two companies. Shareholder Vote in October
In a high stakes move by the Daimler AG Board of Management and Supervisory Board (ticker symbol DAI) to separate two very different businesses and insulate the parent company from financial threats that Global Warming, connected and autonomous vehicles and automaker upheavals are causing, approved making Mercedes-Benz Cars and Daimler Truck independent companies. Continue reading
Tesla Model 3 – Europe’s Second Best-Selling Car in June 21. Low Emission Cars at Record Share. Makers Lagging Buyers
Notably, low emissions cars (BEV and PHEV) continued to perform well, recording a new record total market share of 18.5% – up from 8.2% in June 2020. Registrations of BEVs totaled 126,000 units during the month, ahead of the 104,000 registered PHEV units. Yes that’s right pure EVs out sold hybrids, which were at the center automakers plans to fight emissions and global warming. Fiat, Tesla, Skoda, Volkswagen and Ford gained the largest market share in the BEV market while Cupra, Jeep, Volkswagen, Renault and Seat posted the highest market share gains in the PHEV market. Continue reading
Posted in environment, global warming, news analysis, sales
Tagged auto industry commentary, autoinformed.com, EU June 2021 sales, EVs, JATO Dynamics, Ken Zino
1 Comment
Ford Motor Posts Q2 Revenue $26.8B, Net Income $56M, Earnings $1.1B as Market Share Drops
During April with the semiconductor situation worsening, Ford said it expected to lose about 50% of its planned second-quarter production, which would have resulted in a loss in the period. Ford did better than that using the strong demand from the Biden Administration economic boom to improve revenue and profits through lower incentives and a more expensive and profitable mix of vehicles. These generated company-wide adjusted earnings of $1.1 billion before interest and taxes. Continue reading
SEC Charges Nikola Founder Trevor Milton With Fraud
The SEC’s complaint, filed in U.S. District Court for the Southern District of New York, alleges that Milton founded Nikola in 2015 with the primary goal of manufacturing trucks that run on alternative fuels with low or zero emissions, and building an alternative fuel station infrastructure to support those vehicles. Milton allegedly helped Nikola raise more than $1 billion in private offerings and go public through a business combination conducted by a special purpose acquisition company (SPAC). Continue reading
Penske Automotive Posts Record Q2 Results
“Our business produced an all-time record second quarter driven by strength across all areas of our business. Strong volume and vehicle margins, improving service and parts operations, a growing Class 8 commercial truck market, record performance at Penske Transportation Solutions, and continuing cost controls all contributed to the record performance. I am particularly pleased with the continued expense discipline driving an 1,860-basis point improvement in selling, general, and administrative expense as a percent of gross profit,” said Chair and CEO Roger Penske. Continue reading
California Greenhouse Gases – Emissions Drop Continues
“This inventory is good news, but much larger reductions are needed to reach the ambitious 2030 target — an additional 40% reduction below the original 2020 limit,” said CARB Chair Liane M. Randolph. “We are now once again witnessing massive wildfires and recurring heat waves while large parts of our state are suffering from extreme drought. This is a clear call to redouble our efforts to protect those communities already hard hit by pollution and climate change, and to move with all possible speed to achieve carbon neutrality by mid-century as quickly as possible.” Continue reading
Ford Ion Park in Southeastern MI is New Global Battery Center
Ion Park will explore both lithium ion and solid-state battery cells and arrays. Ford will refurbish an existing 270,000 sq.-ft. facility. It will have a cross-functional team of up to 200 engineers, researchers, purchasing and finance staff. Ford Ion Park is critical in wisely spending the stockholder’s $30 billion investment in electrification by 2025. Politically it is part of a renewed commitment to making Michigan a centerpiece of its focus on electric vehicles. Continue reading
EU – Rideable Bench Wins Ford Fund Smart Mobility Challenge
“TOD” is designed as an adaptable system with static and mobile modes. Static it is a bench that can be extended to accommodate three people. Accessories such as chairs and corners can easily by added using a plug-in style kit system, while a flat square can be connected to two benches to form a picnic table. Continue reading
First Look – Mercedes EQS All-Electric Sedan
By 2030, the subsidiary of Daimler now – belatedly? – wants more than half the cars it sells to have electric drive systems – this includes all-electric vehicles and plug-in hybrids, areas it has been slow to embrace. Continue reading
Stellantis New Credit Line €12B Tops PSA and FCA Combined
This new RCF, available for use in general corporate purposes, is structured in two tranches: €6.0 billion, with a 3-year tenor, and €6.0 billion, with a 5-year tenor, each tranche benefiting from two further extension options, each of 1-year. Continue reading
Ford Refresh95 Cabin Air Filter Tweaks Interior Air Quality
Ford Refresh95 availability is expected during Q4 2021 for some vehicles, including the Bronco Sport, Escape, Explorer, Mustang Mach-E, Police Interceptor Utility and Maverick. Ford says customers won’t need to purchase a new vehicle. People with compatible vehicle will be able to purchase a Ford Refresh95 air filter from their local Ford dealer, starting later this year. Continue reading
NHTSA – Urgent Fire Recall Again on 2017-2019 Chevrolet Bolts
GM has issued a new recall affecting the 50,932 Model Year 2017-2019 Chevrolet Bolt vehicles covered under the original recall announced in November 2020 and revised in May 2021. NHTSA is aware of one fire with the interim remedy and two fires with the final remedy. Due to the risk of fire, vehicle owners should continue to park these vehicles outside, away from structures, and not charge them overnight. Continue reading
GM Adds New Hands-Free Super Cruise to 6 MY 2022 Vehicles
GM launched Super Cruise in 2017 with the Cadillac brand and has added capabilities, expanded Super Cruise-enabled routes and availability on more products since then. To date, approximately 10 million miles have been driven by customers using Super Cruise across the U.S. and Canada. Continue reading
Volker Holzmeyer New Head of Porsche Motorsport NA
Porsche Carrera Cup North America is the most recent Porsche racing program here, starting in 2021, reflecting 30 years of Porsche racing. The one-make race series in the United States and Canada (eventually now that baseball has just returned to Toronto) uses the Porsche 911 GT3 Cup race car and Michelin Pilot Sport Cup N3 racing slick on the road and street race courses on the continent. As with all national Carrera Cups worldwide, Porsche, through Porsche Motorsport North America (PMNA), will manage the single-driver per-entry series. Porsche has 21 one-make championships competing in 31 countries on five continents. Continue reading →