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Tag Archives: autoinformed.com
NHTSA Again Warns Drivers on Steering Wheel Decals
NHTSA said it is aware of at least one other driver who suffered a severe injury from an aftermarket steering wheel decal in a vehicle crash. In that case, the driver lost sight in one eye after the rhinestone-adorned decal dislodged from the steering wheel and hit the driver in the face. Continue reading
Posted in aftermarket, auto news, design and styling, news analysis, public health, safety
Tagged aftermarket steering wheel decals, auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Ken Zino, National Highway Traffic Safety Administration, nhtsa, NHTSA Consumer Alert
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Kia and Hyundai Models Have Highest Theft Rates in 2023
Kia and Hyundai vehicles experienced the highest theft rates in 2023, breaking the years-long trend of full-size pickups topping the list, according to a new report issued by the National Insurance Crime Bureau (NICB). Social media posts explaining how to steal these vehicles likely played a factor in the latest data.
“These rankings highlight the persistent threat of vehicle theft across the country,” said NICB President and CEO David J. Glawe. “NICB works with law enforcement agencies and industry partners to deploy advanced technologies and strategies to combat vehicle theft from organized criminal networks and individuals. Even as we work to deter crime, it is crucial for owners to remain vigilant and take proactive measures to protect their vehicles.” Continue reading
Posted in aftermarket, auto news, fools 'n frauds, insurance, news analysis, people
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, David J. Glawe, Ken Zino, National Insurance Crime Bureau, nicb, popular stolen vehicles, social media on how to steal vehicles, stolen vehicle trends
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Chinese EV Trade War Commences
The Biden Administration has announced today that it will increase tariffs under Section 301 of the Trade Act of 1974 passed overwhelmingly under the Republican President Gerald Ford administration on $18 billion of imports from China to protect American workers and businesses.
“The President’s actions reflect the conclusions of U.S. Trade Representative Katherine Tai’s mandatory four-year review that China continues to engage in unfair practices, such as forced technology transfer and restrictions and intellectual property theft from U.S. companies,” media were told on a background briefing by National Economic Advisor Lael Brainard and Senior Administration Officials. Continue reading
Posted in auto news, AutoInformed Editorial, blog, economy, electric vehicles, fuel economy or emissions, manufacturing, milestones, news analysis, transportation
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, department of energy, Ken Zino, Section 301 of the Trade Act of 1974, Section 301 tariffs, solar cell imports from China, steel and aluminum imports from China, U.S. Secretary of Commerce Gina Raimondo, U.S. Trade Representative Katherine Tai
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VW Microbus Will Come to the US in Three Trims
Volkswagen of America today said that the 2025 ID. Buzz, the electric powered nostalgia marketing, Microbus* will be offered in three trims, unlike the untrimmed original owners — Pro S and Pro S Plus, along with a launch-only 1st Edition—with a 91 kWh battery and 282 horsepower for rear-wheel drive models; 4Motion® all-wheel-drive models will have maximum horsepower of 335. Range and pricing will be announced closer to launch. Continue reading
DOT Funds New Climate and Transportation Research Center
The announcement came, perhaps not coincidentally but certainly fortuitously after the current occupant, aka Donald Trump, of a courtroom in Manhattan who is being tried for fraud, asked the oil and gas industries for $1 billion in political contributions so that he can stop all work on decarbonization and climate change. Continue reading
Posted in news analysis
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, DOT Climate Change Center, Dr. Robert C. Hampshire, Ken Zino, Texas Southern University, U.S. Department of Transportation, U.S. Transportation Secretary Pete Buttigieg, University of California, University of Vermont
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Clean Air Act – Prison for Man Disabling Emissions Controls
A man was sentenced today for ongoing violations of the Clean Air Act through an aftermarket scheme to disable the emissions control systems of diesel trucks. Davis Owens, 34, of Cleves, Ohio was sentenced to serve 30 days in prison, seven months of home confinement and one year of supervised release. Continue reading
Posted in aftermarket, auto news, environment, fools 'n frauds, litigation, people, public health
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, clean air act, Davis Owens, emissions controls of diesel trucks, Holderdown Performance, Ken Zino, nitrogen oxides, particulate matter, U.S. Justice Department Environment and Natural Resources Division
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Porsche 911 Hybrid Debuts on 28 May
Porsche said this morning in in Stuttgart that a hybrid-drive 911 sports car has completed development and will premiere on 28 May 2024. It is said to be 8.7 seconds faster than its predecessor on the Nürburgring, the track that is often used by marketers of performance sports cars for bolstering credulity of claims. Porsche performance claims have an extremely high degree of certainty in AutoInformed’s experience. Continue reading
Posted in auto news, electric vehicles, environment, fuel economy or emissions, global warming, milestones, news analysis
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Frank Moser, Jörg Bergmeister, Ken Zino, nürburgring, porsche 911
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Honda Post Record Operating Profit of $7B in FY 24
“In FY25, we will steadily proceed with dedicating resources towards electrification and aim to achieve operating profit of ¥1 trillion 420 billion and an operating profit margin of 7%, which is one year ahead of our original target,” said Toshiro Mibe, Director, President and Executive officer. He was the first Honda chief executive in history to attend the annual results conference. Normally, the finance staff conducts it with regional operating officers. Continue reading
Toyota Motor Posts Record FY24 Net Income of $39.1B
“We faced many challenges, including those posed by COVID-19 and production restrictions due to tight semiconductor supplies, but the results showed the efforts of each front-line employee, including those of our suppliers and dealers, each recognized what they needed to do and acted accordingly, and a management structure and profit structure that was built to be resilient to crises,” said Koji Sato, president. Continue reading
Nissan Motor Posts FY Net Profit of $2.7 billion
Global sales remained at 3.44 million units, which were squeezed by intensified s competition. Nissan’s consolidated net revenue was ¥ 12.686 trillion. The operating profit of ¥568.7 billion translates to an operating margin of 4.5%. “This was due to logistics, other risks such as the Noto Earthquake and various cost relief made to suppliers such as inflation, and other factors,” Nissan said. Continue reading
Hyundai Capital America Fined for Civil Rights Violations
“Members of our Armed Forces should not have to worry about having their cars repossessed while they are in military service,” said Assistant Attorney General Kristen Clarke of the Justice Department’s Civil Rights Division. Continue reading
Posted in auto news, customer satisfaction, litigation, news analysis
Tagged Assistant Attorney General Kristen Clarke, auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Civil Rights Violations, DOJ Civil Rights Division, Hyundai Capital America, Ken Zino, Servicemembers Civil Relief Act, U.S. Justice Department
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BMW Group – Good Q1 Earnings on Slight Sales Increase
The BMW Group said today in Munich that during Q1 of 2024 it delivered 594,533 automobiles. This means, the company posted a tiny increase of 1.1% compared to the previous year. Throughout the three-month period, the major automotive markets largely showed an upward trend based on pent up demand and increased sales in the mid-price volume segment. Continue reading
Greenhouse Gases – EPA Final Rule for Oil and Gas Sector
“As we implement the historic climate programs under President Biden’s Inflation Reduction Act, EPA is applying the latest tools, cutting edge technology, and expertise to track and measure methane emissions from the oil and gas industry,” said EPA Administrator Michael S. Regan. “Together, a combination of strong standards, good monitoring and reporting, and historic investments to cut methane pollution will ensure the U.S. leads in the global transition to a clean energy economy,” Regan said. Continue reading
Posted in economy, environment, fuel economy or emissions, global warming, milestones, news, news analysis, public health
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, GHGRP, Greenhouse Gas Reporting Program, Inflation Reduction Act, Ken Zino, Michael S. Regan, President Biden
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Honda and IBM MoU on Software-Defined Vehicles
“The MOU outlines areas of potential joint research of specialized semiconductor technologies such as brain-inspired computing *[2 ] and chiplet technologies, with the aim to dramatically improve processing performance while, simultaneously, decreasing power consumption. Hardware and software co-optimization is important to ensure high performance and fast time to market. To achieve such benefits and manage design complexity for future SDVs, the two companies also plan to explore open and flexible software solutions,” Honda said in a release from Tokyo. Continue reading →