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Tag Archives: autoinformed.com
FAA Wants $14,500 Fine Against Drunken Passenger for Causing an Emergency Landing at JFK Airport
Typically, the FAA addresses unruly-passenger incidents using a variety of methods ranging from warnings and counseling to civil penalties. Effective immediately, however, the FAA will not use warnings or counseling. The agency will pursue legal enforcement action against any passenger who assaults, threatens, intimidates, or interferes with airline crew members. This policy will be in effect through March 30, 2021. Why should it stop then was unexplained? Continue reading
Ford Motor Recalls Millions More Takata Airbags after NHTSA Denies Petition. Separately, Continental Tires Also Recalled
In the affected Takata vehicles, the driver-side front airbag inflators were installed as original equipment and contain a calcium sulfate desiccant, which differed in design from the earlier recalled Takata airbag inflators that spewed shrapnel into a vehicle’s interior. Takata determined that desiccated propellant in these inflators may also degrade after long-term exposure to high humidity and temperature cycling, which could cause an inflator to rupture during airbag deployment. Continue reading
2020 Dealer Service Visits Drop 6%. EV Owners Dissatisfied
On average, there’s nearly twice as much maintenance work being done during dealer service visits than repair work. However, the maintenance-to-repair ratio for BEV owners is nearly an even split. While more complex service repair work usually results in lower customer satisfaction than does maintenance work, the opposite is true for BEV owners Continue reading
Volkswagen Will Hasten Its Transition to a Mobility Company
Its latest strategy says that ‘by turning the vehicle into a software-based product, Volkswagen is setting the scene for new, data-based business models aimed at lowering entry barriers to individual mobility while offering very attractive service packages for the customers. Volkswagen thus aims to generate additional revenue over the service life of the vehicle through charging and energy services, through software-based functions that customers can reserve as needed, or through automated driving.” Continue reading
Cash Crunch? BMW and Daimler to Sell PARK NOW Joint Venture to EasyPark Group
EasyPark claims to be an international player and is celebrating its 20-year anniversary. EasyPark wants to buy PARK NOW to expand its business activities according to its global growth plan. EasyPark is a growing, European mobility company that helps drivers remotely find, manage, and pay for both parking and electric vehicle charging. EasyPark says it supports its users, the companies they work for, cities and parking operators with parking administration, planning and management working in ~2,200 cities in 20 countries throughout Europe and Australia. Continue reading
Posted in electronics, mobility company
Tagged auto industry commentary, autoinformed, autoinformed.com, EasyPark., Ken Zino
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Winter Storms Clobber Texas Small Businesses Unduly
There were, however, no questions about their impact on Cancun Ted Cruz’s taxpayer funded vacation that was widely documented in the media. Consider that it’s while designed to measure changing business conditions during the coronavirus pandemic, the SBPS also captures the impact of natural disasters on small business. The picture above documents the damage Texas Governments did to their own small businesses. Continue reading
FAA Linking with Choctaw Nation to Study Low Altitude Cargo Delivery by Unmanned Aircraft Systems
The parties will use virtual simulated urban environments for research. Another aim of the MOU is to promote interest in science, technology, engineering and mathematics programs for students seeking possible careers in aerospace. Continue reading
2022 Ford Super Duty Pickup Gets 12-Inch Screen
The new, landscape-oriented 12-inch center touch screen with SYNC®4 is standard on Lariat and above models, with physical controls below for quick access to commonly used functions. Occupants can easily multitask functions by splitting the screen to see navigation, music, truck features and the new digital owner’s manual. Continue reading
Ford Motor Recalls All 2021 Mustang Mach-E Crossovers
Ford also said in a late Friday afternoon release – days before the required NHTSA safety recall documents are publicly available, including information how the defect determined after it was discovered – that “it is not aware of any accidents or injuries related to this condition.” “Condition” is pr babble for safety defect. Continue reading
Posted in customer satisfaction, recalls, safety
Tagged 2021 Mustang Mach-E, auto industry commentary, autoinformed, autoinformed.com, Ken Zino, nhtsa
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Stellantis Reports Legacy FCA, PSA 2020 Financial Results
Nonetheless Stellantis was profitable in 2020 despite COVID-19 with 7.1% Automotive adjusted operating margin at €3.4 billion. Its 9.4% H2 Automotive adjusted operating margin was a record. The net result of group share was €2.2 billion with €2.7 billion Automotive free cash flow and a €13.2 billion Automotive net financial position. Continue reading
Posted in economy, financial results
Tagged auto industry commentary, autoinformed, autoinformed.com, carlos tavares, fca, Ken Zino, Stellantis
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SEC Starts Task Force on Climate Change Investment Risks
What this means, in short, is that things are getting tougher for companies that are part of the global warming crisis or want to profit from investors who wish to support firms that are run on an environmentally friendly basis. but wish to avoid the consequences. Environmental, social, and governance (ESG) criteria are an “increasingly popular way for investors to evaluate companies in which they might want to invest,” said the SEC. In the financial markets, mutual funds, brokerage firms, and robo-advisors now offer products that employ ESG criteria. ESG criteria can also help investors avoid companies that might pose a greater financial risk due to their environmental or other practices. Continue reading
Posted in auto news, economy, environment, fuel economy or emissions, global warming, milestones, mobility company, news analysis, public health
Tagged auto industry commentary, autoinformed, autoinformed.com, climate change financial risks, ESG, investors and global warming, Ken Zino, sec
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Volvo Cars Posts a +29% Global Sales Increase in 2021
In China, Volvo Cars sold 29,243 cars in the first two months of the year, up 160.6% year-on-year, as the company managed to more than recover lost sales due to Covid-19 shutdowns last year. For the month of February, Volvo Cars sold a total of 50,795 cars, up 27.8% compared with the same month last year, and the company’s best February sales performance ever. Continue reading
Posted in results, sales
Tagged auto industry commentary, autoinformed, autoinformed.com, Ken Zino
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Ugh – US Light Vehicle Sales Drop during February 2021
Blame the weather since US light vehicle sales dropped to 1.18 million in February, according LMC Automotive, an automotive global forecasting consultancy. Continue reading
Posted in results, sales
Tagged auto industry commentary, autoinformed, autoinformed.com, Ken Zino, lmc
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First Look – Canoo EV Pickup Truck
The larger story, perhaps, is the company, not the vehicle. Canoo is a Los Angeles-based company that has, arguably, pioneering technologies. Its business model drops traditional ownership and is a glimpse at the future of automobility that other companies are also pursuing. Canoo will not have a physical sales network. The company will offer its product directly to customers via subscription, not ownership. Continue reading →