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CARB Sets Tropical Forest Standard Rules
CARB said it developed the standard after evaluating other international deforestation reduction programs and working with the Governors’ Climate and Forests Task Force and indigenous leaders and forest communities. Continue reading
First Ford Performance Off-Road Leveling Kits
Most Ranger and F-150 trucks are purchased with four-wheel drive, and it’s said the leveling kits will enable off-road drivers to risk more challenging terrain. Beyond adding additional ground clearance, off-road performance is improved with Ford truck-optimized FOX shocks. Continue reading
GM Strike Gets Nasty as it Cancels UAW Healthcare Plan
The UAW activated the strike fund as soon as it became aware of GM’s strategic (ham-fisted?) decision to cut healthcare. Continue reading
Posted in economy, labor issues
Tagged auto industry commentary, autoinformed.com, Brian Rothenberg, Ken Zino, UAW GM Strike
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UAW Strike Cost at GM Builds Substantially with Duration
Previously, the 1998 UAW strike on GM lasted 54 days and cost the automaker $2 billion, which would equate to $3.1 billion in today’s dollars – or over a third of their 2018 net profit. A strike lasting this long has the potential to cost GM 500,000 units in lost production, which would quickly deplete their available inventory. In this situation, GM intenders would ultimately either delay purchases or move to competitor brands, which could result in 100,000 lost US sales in the remainder of this year. Continue reading
Sonic Financial Takes Over Speedway Motorsports
Sonic Financial intends “to promptly complete the acquisition of all shares of Speedway Motorsports through a merger of Speedway Motorsports and a subsidiary of Sonic Financial, without a vote of Speedway Motorsports stockholders, in accordance with Delaware law.” Continue reading
Teamsters to Honor Picket Lines of 50,000 UAW GM Workers
“We laud the UAW for its work to ensure that its GM employees are treated with respect and dignity on the job. At a time when more and more companies are downsizing and shipping jobs out of the U.S., it is imperative that unions fight for their members. Workers should be rewarded for good work with fair wages and benefits. That’s what the UAW is demanding.” Continue reading
General Motors Offers UAW $7 Billion in U.S. Investments, an $8000 “Signing Bonus” or is that Bribe?
In its latest statement – with perhaps a hint of desperation – GM said today that “We presented a strong offer that improves wages, benefits and grows U.S. jobs in substantive ways, and it is disappointing that the UAW leadership has chosen to strike at midnight tonight Continue reading
UAW to Strike GM – Contract Talks Deadlocked
The strike does not just involve GM and its suppliers. It has the potential to turn into a national crisis and affect the upcoming presidential election. It could certainly drag in Ford and FCA. At midnight more than 850 Aramark workers in Michigan and Ohio walked off the job over better wages, health care and retirement.The teamsters have yet to be heard from. Continue reading
August Global Light Vehicle Sales Drop -3.9%
Global Light Vehicle (LV) sales fell 3.9% in year-on-year (YoY) terms in August, but the selling rate accelerated to 94.9 mn units/year, from 90.9 mn units/year in July, according to the LMC* consultancy. However, in a whistling past the graveyard … Continue reading
Posted in auto news
Tagged auto industry commentary, autoinformed.com, automotive blog, Ken Zino, lmc
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Ford Recalls 311,907 Explorer SUVs for Dangerous Seat Frames
It took 31 reports of hand injuries before Ford acted on replacing the dangerous part. This is the seventh safety defect recall – thus far – on the 2017 model Explorer. Continue reading
Posted in quality, recalls, safety
Tagged auto industry commentary, autoinformed.com, automotive blog, Ken Zino, nhtsa
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GM Finally Recalls 3,456,111 SUVS, Pickups for Bad Brakes
These vehicles are equipped with a secondary, hydraulic power brake assist system that activates to provide power brake assist if the vacuum drops, however, as calibrated the hydraulic brake boost assist is limited at lower speeds. Continue reading
Posted in recalls, safety
Tagged auto industry commentary, autoinformed.com, automotive blog, gm recalls, Ken Zino, nhtsa
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Electric Vehicle Charging Emissions – Good and Better?
As more renewable energy gets added to traditionally fossil-fueled power grids, real-time emissions rates are increasingly exhibiting large swings from clean to dirty and vice versa from one moment to the next. This is a well-known and classic EV problem. They are in fact Elsewhere Emissions Vehicles. Continue reading
alice + olivia: The Rag Trade Meets a VW Rag Top
It’s a latter-day version of Janice Joplin’s bathtub Porsche without the superstar musical talent or the 1960s backdrop. Continue reading
Nissan CEO Hiroto Saikawa Forced Out Over Ghosn Matter
The move comes following a report from the beleaguered company’s Audit Committee that recognizes several instances of misconduct from the findings of the internal investigation that is only partially available publicly in filtered form. On May 14, 2019, Nissan belatedly issued numerous amendments to its past annual securities reports, correcting director compensation figures to reflect the amounts that should originally have been disclosed. Continue reading
Amazon Wants to Meet the Paris Agreement 10 Years Early
It’s part of the so-called Climate Pledge, a commitment to meet the Paris Agreement 10 years early. Amazon is the first signatory of this pledge, and it will hardly be the last. The Climate Pledge calls on signatories to be net zero carbon across their businesses by 2040—a decade ahead of the Paris Accord’s goal of 2050. Continue reading →