Tag Archives: autoinformed.com

Porsche Posts €5.6B Profit in 2024

Posted on 12 March 2025 by Ken Zino

“We have renewed five out of six model lines and extensively refreshed our product portfolio. This has laid the foundation for our success in the coming years, with the clear goal of exciting our customers with our iconic sports cars,” said CEO Dr Oliver Blume. “In view of the changed circumstances, we have adjusted our product strategy in all segments. And we further developed our proven and successful Porsche strategy over the course of last year to make the company even more flexible, robust and high-performing,” said Blume. Continue reading →

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Volkswagen Group 2024 Results Drop Significantly

Posted on 11 March 2025 by Ken Zino

Volkswagen Group said today that 2024 operating result declined significantly to €3.9 billion, mainly due to restructuring expenses related to the site in Brussels and residual value effects, as well as intense competition and the current model offensive. The operating Margin was a scant 6.0%. Continue reading →

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Electrify America Invests Millions in ZEV Workers

Posted on 11 March 2025 by Ken Zino

Electrify America announced today a $7.4+ million investment in organizations across the U.S. to support zero-emission vehicle (ZEV) access programs, education, and STEM (science, technology, engineering, and math) workforce development. The funding builds on Electrify America’s previous investments in organizations to advance equitable access to electric vehicle (EV) transportation in low-income and disadvantaged communities and building a skilled EV workforce. Continue reading →

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Mercedes-Benz USA Offers Customization of Sprinter Vans

Posted on 11 March 2025 by Ken Zino

Mercedes-Benz USA said today that its new VanSolution is starting for the customization of Sprinter and eSprinter Cargo Vans. VanSolution premieres with foundational shelving upfits, starting at $3152, directly installed by Ranger Design at the Mercedes-Benz USA Vehicle Processing Center in Ladson, South Carolina.

“This new approach underscores Mercedes-Benz’s dedication to enhancing the customer experience and driving excellence in the commercial vehicle sector. By leveraging our extensive dealer network and industry-leading expertise, we are reshaping the way vocational upfits are delivered, ensuring that our customers receive integrated solutions that streamline both the ordering and invoicing process,” said Iain Forsyth, Director, Product Management and Marketing, Vans. Continue reading →

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Toyota and Evgo Open First Charging Stations

Posted on 11 March 2025 by Ken Zino

Evgo, one of the largest providers of public fast charging stations for electric vehicles (NASDAQ: EVGO), and Toyota Motor North America (NYSE:TM) today announced the opening of the first DC fast charging (DCFC) stations in Baldwin Park and Sacramento, California. They are part of Toyota’s so-called “Empact” vision.* The new co-branded stations, owned and operated by EVgo, each serve up to eight vehicles simultaneously and have 350kW fast chargers. Continue reading →

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Nissan CEO Uchida Ousted

Posted on 11 March 2025 by Ken Zino

Nissan Motor Company today said that effective 1 April 2025  the Board of Directors has approved titles and areas of responsibility for the representative executive officer and executive officers. Ivan Espinosa, currently the chief planning officer, has been appointed as the representative executive officer, president, and CEO, succeeding Makoto Uchida.

Thus the Nissan soap opera continues going all the way back to the overthrowing of CEO Carlos Ghosn. The move comes as the Honda Nissan merger talks collapsed. Continue reading →

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Nissan Motor Shows Latest Autonomous-Drive Technologies

Posted on 10 March 2025 by Ken Zino

“This is a significant step to empower mobility by resolving transportation service challenges faced by local communities, such as driver shortages resulting from an aging population. By leveraging its technology, Nissan will provide a broad range of new services that enable freedom of mobility. Nissan is maximizing its efforts to establish and verify the safety of AD technology tailored to different traffic conditions worldwide. To do this, it is utilizing insights and technologies gained through research in Japan, research in Silicon Valley conducted by the Nissan Advanced Technology Center, and participation in the U.K.’s evolvAD project,” Nissan Motor said. Continue reading →

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Ford Motor Recalls a Previous Hybrid Powertrain Recall

Posted on 10 March 2025 by Ken Zino

Ford Motor Company (NYSE: F) is recalling some 2022-2024 Maverick, 2022 Escape, and 2021-2022 Lincoln Corsair vehicles previously repaired incorrectly under recall number 24V-330. The Hybrid Powertrain Control Module (HPCM) software may cause the vehicle to shift into neutral unexpectedly, causing a loss of drive power.

“The Ford process is capable of determining which software part numbers have been installed in production and service. Affected vehicles do not contain the remedy Hybrid Powertrain Control Module (HPCM) software for recall 24S33, Ford Motor said in the mandatory Safety Defect Filing made public today by the still functioning National Highway Traffic Safety Administration. Continue reading →

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Mercedes-Benz USA Recalling AMG Hybrid Electric Vehicles

Posted on 10 March 2025 by Ken Zino

Mercedes-Benz USA (MBUSA) is recalling ~3000 2023-2024 model year AMG GT 63 S E Performance 4-door coupes, 2025 AMG GLC 63 S E Performance, GLC 63 S E Performance Coupes, AMG GT 63 S E Performance, 2023-2025 AMG S 63 E Performance, and 2024-2025 AMG SL 63 S E Performance vehicles with a hybrid powertrain. A software error may cause the high-voltage starter alternator control unit to fail, causing a loss of drive power. Continue reading →

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Volkswagen Group EV Recall for Sudden Loss of Power

Posted on 10 March 2025 by Ken Zino

Volkswagen Group of America is recalling~14,000 2024-2025 model year AUDI Q4 E-Tron SUV, AUDI Q4 E-Tron Sportback, and 2024 VW ID.4 vehicles. The on-board charger (OCDC) may fail and stop charging the 12-volt battery, which can result in an unexpected loss of drive power. The defective component was made by Robert Bosch in Hungary. Continue reading →

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Vision V – Mercedes- Teases Luxury Limousine

Posted on 7 March 2025 by Ken Zino

Mercedes-Benz said today in a release from Shanghai and Stuttgart that its new Van Electric Architecture (VAN.EA) will appear starting in 2026. It showed the so-called Vision V concept car, err van, err MPV…

“This innovative architecture re-imagines spacious, privately positioned vehicles elevating them into the luxury segment with a focus on the ‘Private Lounge’. The future model portfolio will cater to a range of customer needs offering a versatile, spacious vehicle designed to provide exceptional space and comfort. From exclusive VIP and high-end limousine transport to luxurious family vehicles, the new model will deliver on both the flexibility customers require and the refined luxury they desire. By expanding the top-end of its model portfolio, Mercedes-Benz Vans is defining a unique segment of its own that bestows true greatness to automotive luxury,” Mercedes claimed. Continue reading →

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Cadillac Formula 1 Team to Run in 2026

Posted on 7 March 2025 by Ken Zino

“We’re thrilled the Cadillac Formula 1 Team is official, as the team has been accelerating its work,” said GM President Mark Reuss. “We’re incredibly grateful for the support from the FIA and Formula One Management leadership for us and for our collaboration with TWG. The excitement only grows as we get closer to showcasing GM’s engineering expertise on the prestigious global stage of F1.”

The integration between TWG Motorsports (it also owns Spire Motorsports, Andretti Global and Wayne Taylor Racing – AutoCrat.) and GM creates a badly needed American team for is claimed to be a global series. Continue reading →

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Interlagos Lap Record – Taycan Turbo GT

Posted on 7 March 2025 by Ken Zino

A Taycan Turbo GT* set a time of 1:42.1 minutes on the 4.3-kilometer Interlagos circuit on 5 February 2025, Porsche said today. The lap time trimmed almost eight seconds off the record set by the Taycan Turbo S in 2022 (1:49.8 minutes). It was also just under a second inside an earlier production-car lap record set by the 911 Turbo S (1:43.087 minutes).

“Coming to Interlagos and getting behind the wheel of the Taycan Turbo GT right after winning the 24 Hours of Daytona was an incredible experience. I expected the strong acceleration and brutal torque but, ultimately, it was the overall performance that really impressed me,” said Porsche works driver Felipe Nasr who was at the wheel. Continue reading →

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Genesis Magma Racing in 2026 FIA WEC

Posted on 7 March 2025 by Ken Zino

Genesis is into motorsports, with plans to compete in the FIA World Endurance Championship (WEC) in 2026 and the IMSA SportsCar Championship (IMSA) in 2027 with an Oreca-based car called GMR-001 Hypercar. “At Genesis Magma Racing, hyperspeed isn’t just a concept – it’s a reality,” said Team Principal Cyril Abiteboul in a recent interview with the Genesis newsroom.

“Building the team together and putting the different building blocks together is a challenge because nothing existed at first. It’s not just a car that we need to build. It’s a racing team. An organization. A new identity,” said Abiteboul. Continue reading →

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McLaren Automotive Using Aerospace-Grade Carbon Fiber

Posted on 6 March 2025 by Ken Zino

McLaren Automotive said today it has developed a world-first application of an aerospace industry composites manufacturing method scaled appropriately for volume supercar manufacturing. Deployed at the McLaren Composites Technology Center (MCTC) in Sheffield, UK, the new Automated Rapid Tape (ART) production method produces McLaren ART carbon fiber structures that can be optimized to be lighter, stiffer and stronger via advanced structural optimization. They are also produced with less waste material generation. Continue reading →

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