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Tag Archives: autoinformed.com
First Look – February 2021 Auto Sales
Subaru of America sold 48,300 vehicle sales for February 2021, only a -6.6% decrease compared to a February sales record set in 2020 Continue reading
Posted in results, sales
Tagged auto industry commentary, autoinformed, autoinformed.com, Ken Zino
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Volvo to Only Sell EVs Online as a Pure EV Company by 2030
The strategy is focused on what appears to be the fastest-growing segment in the global car industry: the premium electric market. Volvo Cars aspires to be a leader or at least a survivor in this segment and will focus on developing electric cars only going forward. It does however face potential legal problems from current authorized dealers or dealership groups. Continue reading
Posted in electric vehicles, marketing, news analysis
Tagged auto industry commentary, autoinformed, autoinformed.com, Care by Volvo, Ken Zino
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Brazil – A Ford Motor South American Nightmare
In money-losing South America there is a governmental history of graft and corruption, economic catastrophes and failed financial and fiscal policies – among other factors at play. The brew distilling there appears to be 151-proof toxic. The outcome is a potential drunk-driving multi-car collision that will leave smoldering businesses and tragically ruined lives and careers. This is all playing out against a backdrop of a new potent Corona virus variant in Brazil and an ongoing public health disaster. Deaths have surpassed 250,000 there. It is the world’s second-highest mortality tally after the U.S. Continue reading
Daimler Truck, Volvo Group Create “cellcentric” Fuel-Cell JV
The joint venture will develop, produce and commercialize fuel-cell systems for use in heavy-duty trucks as the primary focus, as well as other applications. A key goal of Daimler Truck AG and the Volvo Group is to start with customer tests of trucks with fuel-cells in about three years and to commence series production during the second half of this decade. Continue reading
HomeStation – Connected Home Charging for Electric Vehicles
Home Station is the brand’s fastest home charger. Under the 40-amp configuration, it can provide charging speeds of up to 9.6kW – 6.8 times faster than on a Level 1 charger. This means some EVs can add up to 33 miles of range per hour. Continue reading
Posted in electric vehicles, energy
Tagged auto industry commentary, autoinformed, autoinformed.com, Home Station, Ken Zino
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Brazil to Nationalize Ford Motor Plants?
Ford workers are looking for ways to protect their jobs and have agreed to begin talks with the US carmaker’s global management team today. They are also looking into the possibility of introducing a bill to nationalize Ford’s operations in Brazil. Continue reading
Posted in labor issues, people
Tagged auto industry commentary, autoinformed, autoinformed.com, Camaçari, Ford Brazil, IndustriALL, Ken Zino, Taubaté, Troller
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Daimler Earns €4.0 billion in 2020
During 2020, net profit improved to €4.0 billion (2019: €2.7 billion). Net profit attributable to the shareholders of Daimler AG amounted to €3.6 billion (2019: €2.4 billion), leading to an increase in earnings per share to €3.39 (2019: €2.22). At the Annual General Meeting on 31March 31, 2021 the Board of Management and the Supervisory Board will propose a dividend of €1.35 per share (2019: €0.90). Total payout will amount to €1.4 billion (2019: €1.0 billion). Continue reading
New St. Clair Magna Plant to Supply GMC’s Hummer EV
The battery enclosure contributes to structural and safety aspects of a vehicle’s frame and protects high-voltage batteries from damage and water. Continue reading
First Look – 2022 Lexus IS 500 F Sport Sedan
As the first model in the new Lexus F SPORT Performance line, the IS 500 engine is larger in displacement and performance compared the IS 350’s 3.5-liter V6. (see AutoInformed on 2019 Lexus ES 350 in Production at Georgetown Kentucky) The IS 500 has a maximum output of 472 hp at 7,100 rpm and 395 lb.-ft. of peak torque at 4,800 rpm. Naturally it’s heavier at 3,891 pounds, gaining 143 pounds of additional curb weight over the standard IS 350 F SPORT. The IS 500 on paper is capable of delivering a 0-to-60 mph elapsed time of 4.5 seconds and has a manufacturer-estimated 24 mpg highway rating. Continue reading
Groupe Renault and Faurecia to Work on Hydrogen Storage
Hydrogen, of course, is central to an ongoing energy transition toward zero-emissions mobility. Fuel cell electric vehicle technology will be significant in the powertrain and vehicle mix by 2030 promoted or demanded by government regulations, taxpayer subsidies and the growing realization that Global Warming is a significant health and economic threat. Continue reading
Ford F-Series Recalls for Windshield Ejections, Wrong Labels
In a crash, the windshield may not adequately stay in place, which may increase the risk of occupant injury. Ford said it is “not aware of any accidents or injuries related to this condition.” Continue reading
Groupe Renault Posts 2020 Loss of -€8.5 Billion
The disastrous results take into account an increase of charges related to restructuring costs and impairments of almost a €1 billion. Net income of -€8,046 million (-€660 million in H2) compared to €19 million in 2019. However, a negative Automotive operational free cash flow of -€4,551 million is distressing even with a positive contribution of €1,824 million in H2. Continue reading
Posted in financial results
Tagged auto industry commentary, autoinformed, autoinformed.com, Ken Zino, Renaulution
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Ford Europe is Planning on Shifting Passenger Cars to All EVs by 2030, Commercial Vehicles Will Eventually Follow
The news comes after Ford reporting, in the fourth quarter of 2020, finally, a return to profit in Europe and announced it was investing at least $22 billion globally in electrification through 2025, nearly twice the company’s previous EV investment plans. Continue reading
Ford Motor Still Ensnared in Takata Airbag Shrapnel Recall
Ford said it has identified that certain Takata airbag modules that produce life threatening shrapnel “were not purged from service stock after the parts for the permanent service fix became available.” Continue reading
World’s First Electric Bentleys to be Built by Lunaz
This expanded UK manufacturing footprint forms a key pillar of a multi-phased growth strategy that will see Lunaz – it hopes – become a global leader in the EV conversions of passenger and industrial vehicles. Continue reading →