Tag Archives: autoinformed.com

Penske Automotive Group Increases Dividend Again

Posted on 23 July 2025 by Ken Zino

“We are pleased to provide shareholders with another increase in the quarterly dividend, reflecting the continued strength of our balance sheet and strong cash flow,” said Penske Automotive Group President Robert H. Kurnick, Jr Continue reading →

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Football marketing – BYD and FC Internazionale Milano

Posted on 23 July 2025 by Ken Zino

The BYD Group, a massive China-based electric vehicle company (1211 HKG) announced the launch of a three-year strategic partnership with FC Internazionale Milano (Inter), becoming the club’s Global Automotive Partner. It’s the latest foray of Chinese EV companies into established markets. 

“BYD’s name means Build Your Dreams, and I think this partnership is a dream for young people, for everybody with a passion for football. Inter Milan is well recognized for its energy, for never giving up, for always fighting for success and for its rapid growth into a global brand with a worldwide fanbase that extends beyond the San Siro stadium and Serie A. These are qualities that BYD shares as a fast-growing brand too – we’re a global green technology company with the dream to fight climate change and cool the earth by one degree. We’re working so hard to do this – we have 120,000 engineers working day and night, producing 45 patents every working day because they love their job and they want to win. This determination, this constant pushing for change and working so hard to make it happen, is something that is really shared between BYD and Inter,” said Stella Li, Executive Vice President of BYD. Continue reading →

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American Honda Joins Tesla Supercharger Network

Posted on 22 July 2025 by Ken Zino

Honda Prologue and Acura ZDX owners now have access to more than 23,500 selected Tesla Superchargers across the United States with the availability of the first Honda-approved NACS-CCS DC fast-charging adapter, the company said today. The only DC fast charging adapter approved by Honda (NYSE: HMC) was tested for performance and compatibility for use with the Prologue and ZDX at any NACS DC fast-charging point. This confirms a previous announcement made in March 2025.

“Planning a road trip just got a lot easier for our Honda and Acura EV owners with access to the Tesla Supercharger network,” said Ryan Harty, assistant vice president of Sustainability & Business Development at American Honda Motor Co., Inc. “Combined with other growing charging networks, Honda and Acura EV drivers now have added peace of mind with a wider range of dependable DC fast charging options nationwide.”

Continue reading →

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Annals of Marketing – Our Volvo Story Sweepstakes

Posted on 22 July 2025 by Ken Zino

“Everyone has a Volvo story and this is about honoring the people who have been a part of our journey, from families who have passed down their Volvo through generations, to the employees and retailers who have helped shape the brand,” said Luis Rezende, President, Volvo Car Americas. “As we celebrate 70 years and the impact we’ve had in the United States, we’re excited to invite consumers to create their own Volvo story with a chance to win a new Volvo EX90, assembled right here in South Carolina. This celebration is not just about where we’ve been but about honoring the people who’ve been with us along the way, and where we’re going next.” Continue reading →

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GM Posts Q2 Earnings of $3 Billion

Posted on 22 July 2025 by Ken Zino

“Despite slower EV industry growth, we believe the long-term future is profitable electric vehicle production, and this continues to be our north star. As we adjust to changing demand, we will prioritize our customers, brands, and a flexible manufacturing footprint, and leverage our domestic battery investments and other profit-improvement plans,” said Mary Barra, GM Chair and CEO, “Overall, GM is well positioned to succeed in an ICE market that now has a longer runway, Barra said. Continue reading →

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Ford Fuel Injector Leak Recall Now at ~694,000

Posted on 21 July 2025 by Ken Zino

Ford Motor Company (NYSE: Ford) is recalling 2021-2024 Bronco Sport and 2020-2022 Escape vehicles equipped with 1.5-liter engines. A fuel injector may crack and leak fuel inside the engine compartment and cause a fire. This is an ongoing safety problem related to NHTSA Recall numbers 22V859, 24V187, 25V165. It’s the latest in a growing series of Ford recalls that were not properly repaired the first time because of software programming errors, requiring a recall of the recall, so to speak. The injectors were supplied by Dumarey Flowmotion Technologies S.R.L. of Italy. Continue reading →

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Stellantis Struggles – Q2 2025 Shipments Mostly Down Again

Posted on 21 July 2025 by Ken Zino

Stellantis N.V. today released some preliminary and unaudited financial information for the First Half of 2025, in addition to its global quarterly consolidated shipment estimates and commentary on related trends in what appears to be an attempt to ameliorate financial market expectations based on its recently dismal operating results and program cancellations as it struggles to maintain what some consider too many brands and too little resources. See The Stellantis Spin below. Continue reading →

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Milestones – Honda Anna Engine Plant 40 Years

Posted on 21 July 2025 by Ken Zino

Honda  said today that that its Anna Engine Plant (AEP) has built more than 32.5 million engines for automobiles and powersports products, as well as a variety of powertrain components for engines and transmissions since it began production of motorcycle engines on July 22, 1985. Production of auto engines began in 1986 with a 4-cylinder powerplant for the Honda Civic.

“Everything that Honda has accomplished at the Anna Engine Plant during the past 40 years has been achieved through the skills and commitment of our associates and this will continue as we pursue an expanded form of flexible manufacturing in the future,” said Michael Tinch, plant lead of Anna Engine Plant. “As we maximize production of ICE and hybrid models, even while preparing for the future of EV production, I know our associates will continue to produce high quality products that meet the needs of our customers.”
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BMW Group – My Trips Apps Now Show Driver’s Carbon Footprint

Posted on 21 July 2025 by Ken Zino

The BMW Group said today that it is now offering customers an analysis of their driving personal carbon footprint stats in the My BMW App and MINI App for the first time. This in AutoInformed’s view is a breakthrough that will ease the ride on the sometimes-bumpy road to electrification.

“Our usage research shows: The information in My Trips is one of the most popular features in the app,” said Dirk Wiedmann, Senior Vice President Sales Steering and Strategy, Digitalization. “We are now expanding this successful function with carbon footprint calculation, giving our customers simple and straightforward access to sustainability-related information via a popular and widely used channel.” Continue reading →

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Streets of Toronto – O’Ward Wins with a Chevy Engine!

Posted on 21 July 2025 by Ken Zino

Arrow McLaren driver Pato O’Ward yesterday broke the Honda winning curse at the Ontario Honda Dealers Indy Toronto by winning his second race in eight days as Alex Palou finished 12th. Series leader Alex Palou of Chip Ganassi Racing qualified second in the No. 10 DHL Chip Ganassi Racing Honda. He held a 129-point lead over the field before the race with five races remaining as he attempts for his third consecutive season championship and fourth in five years. Palou finished fourth in in the Toronto race last year, which was extended by five laps this year.

“Oh, man, I can’t say I saw this (win) coming,” O’Ward said. “But I was feeling so good on the (primary) tires all weekend really. We were just struggling to get the alternates to work in qualifying. Sadly, that’s the one you need to transfer. But I knew we had a great car under me to race with, and (the crew) nailed it on the strategy.” Continue reading →

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Oppama Plant Closing – Nissan Starts Talking with Stakeholders

Posted on 18 July 2025 by Ken Zino

Nissan Motor Company (7201T and NSANY ADR) said today that it has begun “engagement” with key stakeholders after the July 15 announcement that Nissan will cease vehicle production at the Oppama plant at the end of  the Japanese fiscal year 2027. Nissan plans to transfer vehicle production from the Oppama Plant to Nissan Motor Kyushu. Continue reading →

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First GMC Acadia Denali Ultimate Debuts in Late 2025

Posted on 17 July 2025 by Ken Zino

GMC (NYSE: GM) said today that the 2026 Acadia mid-size SUV will be the  latest vehicle in GMC’s lineup to receive the so-called ultra-premium Denali Ultimate trim.

“Denali Ultimate represents the pinnacle of premium expression for the GMC brand, delivering an innovative mixture of stunning craftsmanship and real-world capability,” said Jaclyn McQuaid, global vice president, Buick and GMC. “Expanding Denali Ultimate’s innovative technologies and exclusive design elements to the Acadia nameplate allows us to further differentiate our mid-size offering in a highly competitive segment.” Continue reading →

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Volvo Cars Posts Q2 2025 -10B SEK Loss

Posted on 17 July 2025 by Ken Zino

Volvo Cars (VOLCAR-B.STO) said today that it posted a Q2 group operating profit (EBIT) of SEK -10.0 billion. The gigantic loss followed a warning this week that it would take an impairment charge( read AutoInformed.com on: Chinese Trade Wars – Volvo Q2 2025 Impairment Charge). The Chinese owned company also said that it would build its best-selling car in the U.S. in South Carolina starting in late 2026 (Volvo Cars to Build XC60 SUV in Ridgeville). The loss, down from a profit of 8B SEK year-over year, appears to have surprised analysts who thought the loss would be much higher.

“The market continued to be challenging in Q2 as well,” said Håkan Samuelsson, President and CEO of Volvo Cars. “Demand remains under pressure from the macroeconomic environment, tariff-related uncertainties and tougher competition. However, our turnaround actions are starting to show results. In a Q2 market with headwinds we made a clear improvement of free cash flow versus Q1 and our EBIT margin excluding items affecting comparability was slightly higher.”

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Volvo Cars to Build XC60 SUV in Ridgeville

Posted on 16 July 2025 by Ken Zino

Volvo Cars (VOLCAR B:STO) said today it will add its XC60 mid-size SUV to the production line of its US car plant in Ridgeville, South Carolina. The plant also assembles the fully electric EX90. The XC60 is scheduled to start production there in late 2026.

“Adding the XC60 to our Charleston production line will further strengthen its position and attractiveness in the competitive US market, while supporting and creating American manufacturing jobs,” said Håkan Samuelsson, CEO of Volvo Cars. “It is also in line with our ambition to build where we sell and reinforces our long-term commitment to the US market, where we are celebrating our 70th anniversary and have sold over 5 million cars.” Continue reading →

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Stellantis Drops Hydrogen Fuel Cell Plan

Posted on 16 July 2025 by Ken Zino

Stellantis (NYSE: STLA) said today that it will discontinue its hydrogen fuel cell technology development program between Forvia, Michelin and Stellantis. As a result, mass-production of its new range of hydrogen-powered Pro One vehicles scheduled to start this summer in Hordain, France (medium-sized vans) and Gliwice, Poland (large vans) is cancelled. Net profit at Stellantis plunged 70% for 2024.

“In a context where the Company is mobilizing to respond to demanding CO2 regulations in Europe, Stellantis has decided to discontinue its hydrogen fuel cell technology development program,” said Jean-Philippe Imparato, Chief Operating Officer for Enlarged Europe. Continue reading →

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