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Tag Archives: autoinformed.com
Actor Steven Seagal Settles SEC Charges
The SEC’s order finds that Seagal violated the anti-touting provisions of the federal securities laws. Without admitting or denying the SEC’s findings, Seagal agreed to pay $157,000 in disgorgement, which represents his actual promotional payments, plus prejudgment interest, and a $157,000 penalty. In addition, Seagal agreed not to promote any securities, digital or otherwise, for three years. Continue reading
Posted in people
Tagged auto industry commentary, autoinformed.com, Kenneth Zino, sec, Steven Seagal
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FedEx and Chanje to Develop Charging Infrastructure
This makes it one of the largest deployments of integrated charging infrastructure by a single commercial fleet so far. FedEx has been using all-electric vehicles as part of its pickup-and-delivery fleet since 2009. Continue reading
Electric Vehicles – a Virus That Can’t Be Controlled?
Riddell in essence poses this riddle: When buying an IC car today, a larger engine is a big cost option, and for a BEV, a bigger ‘gas tank’ is a major, high-cost feature. Will this continue? Can this continue? Based on past behaviors, cost is a major inhibitor to adaption of advance technologies. Continue reading
Goodyear to Release High Efficiency and Extreme Traction Tire
Scheduled to be publicly released later this year on the Peugeot 2008, 3008, 5008, DS3 Crossback, and DS7 Crossback models, the avanced tire has traction to meet the severe snow 3PMSF requirement while also delivering rolling resistance performance as an A-class tire. This allows both premium traction and premium fuel efficiency – a benefit from rolling resistance performance. Continue reading
US February Retail Vehicle Sales to Surpass a Million
“Last year it took until September for the industry to reach the current spend levels,” King noted. “While the coronavirus has had no meaningful effect on production yet, it does have the potential to reduce overall inventory levels and lower the need for continued elevated incentives. If unhealthy inventory levels persist throughout the year, however, manufacturers may be faced with spend levels that are pacing towards $5,000 by next year.” Continue reading
Posted in economy, sales
Tagged auto industry commentary, autoinformed.com, automotive blog, j.d power, Kenneth Zino, lmc automotive
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Kia ABS Modules Can Short Circuit
Kia has known about the problem, but not the cause, since April 2017. KMC will now conduct a recall of Sedona and Sorento vehicles to prevent key OFF engine compartment fires by depowering the HECU when the vehicle is in the ignition key OFF setting. Continue reading
Posted in electronics, recalls, safety
Tagged auto industry commentary, autoinformed.com, Kenneth Zino, kia recalls, NHTSA 20V088000
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Prince of Wales at Aston Martin Lagonda St Athan
St Athan is the home of Aston Martin’s first SUV, the DBX. Upon the commencement of full production at St Athan in the second quarter of 2020, the company will have created up to 600 new highly-skilled jobs, rising to 750 – if the looming Brexit disaster is cleaned up. Continue reading
Posted in new vehicle, people
Tagged Aston Martin Lagonda, auto industry commentary, autoinformed.com, DBX, Kenneth Zino, St Athan Wales
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Wells Fargo to Pay $500 Million for Misleading Investors
Wells Fargo has agreed to pay $500 million to settle the charges, which will be returned to investors. The $500 million payment is part of a combined $3 billion settlement with the SEC and the Department of Justice. Continue reading
Daimler Facing Profit and Sales Declines Reorganizes
“This will have a negative impact on our earnings in 2020 and 2021. To remain successful in the future, we must therefore act now and significantly increase our financial strength.” Continue reading
Politics of Racing – Aston Martin Balks at Valkyrie Program
This means the oft-hyped Valkyrie Hypercar will not make its WEC debut at Silverstone in August 2020 or compete in the 2021 24 Hours of Le Mans. Continue reading
Posted in marketing, new vehicle, news analysis, racing
Tagged Aston Martin Valkyrie in WEC, auto industry commentary, autoinformed.com, f1, formula one, GTE Pro, Kenneth Zino, le mans
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Aston Martin Valkyrie: Formula One Drivers Get First Laps
Each verification prototype – there will be eight built – is exposed to a variety of tests to develop and validate specific attributes that contribute to achieving the performance of what Aston boasts will be the world’s fastest ever road-going hypercar, with a price to match. Continue reading
EU Passenger Car Registrations Decline in January 2020
ACEA claims that major taxation changes announced by some EU member states for 2020 pulled registrations forward into December 2019, explaining the January drop. Continue reading
Posted in economy, sales
Tagged 2020 Geneva Motor Show, auto industry commentary, autoinformed.com, Czinger 21C, eu sales, Kenneth Zino
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First Glance – Czinger 1250 Horsepower 21C Hypercar
This performance is attained through Czinger’s own hybrid powertrain. An odd vehicle architecture is centered around a “driver-focused, two-person in-line seating configuration.” Continue reading
Posted in new vehicle, performance
Tagged 2020 Geneva Motor Show, auto industry commentary, autoinformed.com, Czinger 21C, Kenneth Zino
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Coronavirus Spreads – Geneva Motor Show Cancelled
The Swiss Federal Council today decreed that no events with more than 1,000 people are allowed to take place until 15 March 2020. The decision came just 3 days before the opening of the exhibition to the media. The situation changed with the appearance of the first confirmed coronavirus diseases in Switzerland. It has of course appeared in the U.S., which appears to be completely unprepared. Continue reading →