Tag Archives: autoinformed.com

NHTSA – 31 Second Consumer Alert on Vehicle Theft

“Each year, vehicle theft costs Americans more than $8 billion. Victims are left handling the aftermath, such as higher insurance premiums and vehicle depreciation if they’re lucky enough to get their vehicle back. More than 1 million vehicles were stolen in 2023, a 25% increase in vehicle thefts over the previous few years,” NHTSA said. Continue reading

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Fleet Owners with EVs and Traditional Vehicles Favor EVs

“The electric-vehicle story is much larger than just the retail story,” said Zo Rahim, senior analyst of Research and Market Intelligence at Cox Automotive. “In many ways, electric vehicles can be an ideal solution for many fleet operations, which often have set routes of known distances, vehicles that routinely overnight in the same location, and operations that prioritize the cost of ownership. The fleet business is significant in the U.S. market, and we expect the EV share of the fleet market to expand in the coming years.” Continue reading

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Mattia Binotto Returns to F1 as CEO at Sauber Motorsport

“I am delighted that we have been able to recruit Mattia Binotto for our ambitious Formula 1 project,“ said Gernot Döllner, CEO of AUDI AG. “With his extensive experience of more than 25 years in Formula 1, he will undoubtedly be able to make a decisive contribution for Audi.“ Following his university degree in mechanical engineering at EPFL in Switzerland, the Italian immediately joined the F1 test team of Ferrari in 1995. He subsequently had various positions, from chief engineer to manager of the engine department and technical director. In 2019 he was additionally appointed as team head of Scuderia Ferrari.” Continue reading

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GM Earns $4.4 Billion on Record Revenue – Raises Forecast

“With our new investments, we have an even stronger focus on margins and capital efficiency.,” said Mary Barra, GM Chair and CEO “It was truly a great first half. And we have the products, discipline and strategies to drive future success.” Continue reading

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Hyundai Recalls 55,000 Vehicles for Sudden Power Loss

The fuel control valve in the high-pressure fuel pump assemblies equipped in the vehicles could allow excess fuel to enter the fuel pump due to gradual wear of the FCV plunger. An air/fuel  mixture that runs too “rich” may result in a reduction or loss of motive power at low speeds, increasing the risk of a crash. The problem resulted in a recall in Korea last month. According to HMC, upon detection of a fault, the vehicle entered a “limp” drive mode that limited acceleration when exceeding 60 MPH. Continue reading

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BMW Has Yet Another Airbag Shrapnel Recall

“The inflator for the driver air bag may not have been produced according to specifications by the supplier. In extremely rare cases, the air bag inflator could rupture, which could result in injury or death to vehicle occupants,” BMW claimed in the required NHTSA filing. Continue reading

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Goodyear Sells Off-the-Road Tire Arm to Yokohama Rubber

“The sale of the OTR business marks an important milestone as we continue to execute against our Goodyear Forward transformation plan,” said Mark Stewart, Goodyear Chief Executive Officer and President. “We are grateful to our OTR colleagues who have driven the success of the business and are committed to working closely with Yokohama to ensure a smooth transition for customers and associates.” Continue reading

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First Look – Cadillac SOLLEI EV Concept Convertible

Cadillac today showed an all-electric, 2+2 convertible dubbed pretentiously SOLLEI. It’s derived from sun – ‘SOL’ – and leisure – ‘LEI’. the exterior is finished in “Manila Cream,” a color originally used on Cadillacs in 1957 and 1958.

“SOLLEI reimagines the discovery of travel, envisioning a personalized driving experience that connects one with the natural world around them,” said Erin Crossley, design director, Cadillac. “The concept celebrates Cadillac’s pedigree of elegant convertibles in a modern form by cultivating high luxury through design expressions and experiences.” Continue reading

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Hyundai 2025 Tucson – $29,750 to $48,485

The Tucson has a redesigned panoramic curved display that integrates an optional 12.3-inch digital instrument cluster and an enlarged 12.3-inch touchscreen infotainment display. A redesigned center stack includes the addition of supplementary knobs and switches for frequent-use controls including audio volume and tuning (copying a long standing Toyota and Lexus tradition). A new dashboard tray located above the glovebox adds storage space for front-seat passengers. Continue reading

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New York Woman Arrested as South Korean Foreign Agent

The U.S. Department of Justice revealed today that Sue Mi Terry, 54, of New York City provided South Korean Intelligence Officers access, information and advocacy in exchange for luxury goods and funding. Terry was arrested yesterday and presented on criminal charges related to alleged offenses under the Foreign Agents Registration Act (FARA). Terry is charged with one count of conspiracy to violate FARA and one count of failure to register under FARA. If convicted, she faces a maximum penalty of 10 years in prison. Continue reading

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U.S. FHA – $5B More in Large Bridge Project Awards

“For too long America let bridges fall into disrepair, which left people less safe, disrupted our supply chains, and cost people time and money – but now the Biden-Harris Administration is changing that with the biggest investment in our bridges since the Eisenhower era,” said U.S. Transportation Secretary Pete Buttigieg. “There are currently about 3,000 fewer bridges in poor condition than when our administration began, and today we are proud to announce funding to repair or replace 13 of America’s largest and economically significant bridges.” Continue reading

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Global Light Vehicle June Sales Rate at 89 Million Best in 2024

“Sales accelerated in China last month with the price war continuing, while in the US sales staggered as a result of a cyberattack affecting dealerships. Europe saw a rise in selling rates, thanks to improvements in both East and West Europe. Meanwhile, Japan recorded lagging sales in the face of supply issues and a subdued macroeconomic climate,” said the GlobalData Light Vehicle Sales Forecasting Team. Continue reading

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EPA Grant to Holcim U.S. for Clean Cement

In the U.S., Holcim is the largest cement manufacturer and a top five producer of aggregates and ready-mix concrete, with approximately 7000 employees. Holcim’s so-called Environmental Product Declaration (EPD) Accelerator Project will increase the transparency of data on environmental emissions associated with the production of construction materials; generate robust EPDs with a diversity of manufacturers from across the U.S.; and drive market demand for lower carbon construction materials. These projects represent the three construction materials in Holcim’s portfolio: cement, asphalt, and ultra-high-performance concrete. Continue reading

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First look – Red Bull RB17 Hypercar

Red Bull Advanced Technologies and Oracle Red Bull Racing at the 2024 Goodwood Festival of Speed presented by MasterCard debuted the RB17 Hypercar. This exotic sports car designed by Group Chief Technical Officer Adrian Newey – the most winning designer … Continue reading

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Annals of Marketing 2026 – Audi Formula One and bp

“Audi and bp have always worked together successfully in motorsport. We are delighted that we can take this special partnership to the next level in Formula 1. Audi stands for ‘Vorsprung durch Technik’ and bp and Castrol also aspire to deliver the best technologies in the field of fuels and lubricants. This is a perfect match. It is a strong signal for Audi’s future F1 factory team that we have been able to establish this partnership at such an early stage,” said Andreas Seidl, CEO Audi F1 team. Continue reading

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