Tag Archives: autoinformed.com

Honda, Mitsubishi, Tokuyama Studying Fuel Cell Recycling

Posted on 25 December 2023 by Ken Zino

Honda Motor, Tokuyama Corp., and Mitsubishi Corp. will run a joint demonstration to operate a data center using by-product hydrogen and a stationary fuel cell (FC) power station. It will reuse FC systems from fuel cell electric vehicles (FCEVs). Project Members will explore the potential of reusing automotive FC systems in a stationary application. The objective of the Demonstration Project is to reduce the economic liability on customers installing and operating stationary FC systems, which will contribute to the decarbonization of electric power. Continue reading →

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Isuzu and Honda Public Road Testing Fuel Cell HD Truck

Posted on 23 December 2023 by Ken Zino

The demonstration testing, scheduled to run through September 2024, will collect data and detect technical issues in preparation for a 2027 market introduction of production trucks, the companies said. Continue reading →

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Chinese BYD to Build Hungarian EV Factory

Posted on 22 December 2023 by Ken Zino

Hungary is an essential transportation hub and has a rich history of expertise in the automotive industry, according to BYD. With a mature infrastructure and a well-established industrial foundation, Hungary has been chosen by several premium European manufacturers as a production location for passenger cars. “This further supports BYD’s decision to make Hungary the center of European production operations,” the company said. However, there is an ongoing dispute about whether Hungary can maintain its status as an EU member, which could hurt BYD’s plans to have 10% of the market. Continue reading →

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Cummins to Pay $1.675B for Clean Air Act Violations

Posted on 22 December 2023 by Ken Zino

“Today, the Justice Department reached an initial agreement with Cummins Inc. to settle claims that, over the past decade, the company unlawfully altered hundreds of thousands of engines to bypass emissions tests in violation of the Clean Air Act. As part of the agreement, the Justice Department will require Cummins to pay $1.675 billion, the largest civil penalty we have ever secured under the Clean Air Act, and the second largest environmental penalty ever secured,” said Attorney General Merrick Garland. Continue reading →

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Stellantis Implements First Employee Share Purchase Plan

Posted on 21 December 2023 by Ken Zino

“The success of this step of Shares to Win in Italy and France demonstrates our employees’ confidence in the sustainable future of our Company supported by the execution of our Dare Forward 2030 strategic plan, which maps out the path to achieving carbon net zero by 2038 and creating value for all our stakeholders,” claimed Xavier Chéreau, Chief HR & Transformation Officer. Continue reading →

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Bidenomics – People Spend Record $578B on New Vehicles

Posted on 21 December 2023 by Ken Zino

“December results cap off the year with a strong performance, illustrated by double-digit year-over-year sales growth and the second-highest consumer expenditure on new vehicles ever recorded for the month. Total sales of just under 15.5 million for 2023, represent a significant increase of 12.8% from 2022, when just 13.7 million vehicles were sold. What’s even more noteworthy is that consumer expenditure on new vehicles in 2023 set a record of $578 billion. This is the third consecutive year in which U.S. consumers spent more than half a trillion dollars buying new vehicles,” said Thomas King, president of the data and analytics division at J.D. Power. Continue reading →

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New Toyota, Lexus Airbag Recall ~1 Million US Vehicles

Posted on 21 December 2023 by Ken Zino

The recalled cars, SUVs and vans have the so-called Occupant Classification System (OCS) sensors in the front passenger seat that could have been improperly manufactured, causing a short circuit. This would prevent the airbag system from properly classify the occupant’s weight, and the airbag may not deploy as designed in certain crashes, increasing the risk of injury. Continue reading →

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Chrysler Pacifica Gets Top Safety Pick Award from IIHS

Posted on 20 December 2023 by Ken Zino

The Insurance Institute for Highway Safety* said today that the 2023-24 Chrysler Pacifica minivan is rated as a Top Safety Pick. The Pacifica had a good rating in the driver-side small overlap front, passenger-side small overlap front and original moderate overlap front tests, as well as an acceptable or good rating in the updated side test. Continue reading →

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November 2023 EU Car Market Grows on Mixed Results

Posted on 20 December 2023 by Ken Zino

In November 2023, the EU’ car market grew by 6.7%, according to data just released by ACEA.* This was the sixteenth consecutive month of expansion. There were substantial double-digit gains in some markets, including two of the largest: Italy (+16.2%) and France (+14%).

However, the German car market retracted, recording a -5.7% decline compared to November 2022, which provided a small base line for comparison across the EU. Overall new car registrations were  +6.7% in November; with a battery electric market share at 16.3%. Eleven months into 2023, new car registrations increased by 15.7%, reaching nearly ten million units. With the exception of Hungary, all EU markets grew during this eleven-month period. The four largest markets contributed to this trend: Italy (+20%), Spain (+17.3%), France (+16.2%), and Germany (+11.4%). Continue reading →

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Audi, Porsche, Scout Motors and VW EVs to offer NACS in 2025

Posted on 19 December 2023 by Ken Zino

“This is great news for our electric vehicle customers in the North American Region,” said Pablo Di Si, President and CEO, Volkswagen Group of America. “This potentially provides them with access to more than 15,000 additional charging points as well as the current near-4,000 DC fast charging outlets operated by Electrify America.” Continue reading →

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Forecast is Finally Normal for 2024 US Auto Market

Posted on 19 December 2023 by Ken Zino

“Our research suggests that Americans are putting more emphasis on buying/owning personal transportation, in contrast to 2018 and 2019, when consumers put a higher value on “access to transportation,” said Jonathan Smoke Cox Automotive Chief Economist. “And after tumbling in 2021 and 2022, satisfaction with the car buying process is expected to improve in the year ahead, thanks in part to better inventory and the return of discounting, but also from improved processes at the dealership that save time and make car buying more efficient.” Continue reading →

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Mercedes-Benz – Turquoise Autonomous Driving Marker Lights

Posted on 19 December 2023 by Ken Zino

Mercedes-Benz said today that it has approvals for turquoise-colored automated driving marker lights in California and Nevada. The exemption permit for California is for testing vehicles and initially limited to two years. The Nevada permit applies to Mercedes-Benz Model Year 2026 production vehicles. Thus a marketing component – styling with lights – is now part of the ongoing debate about the effect of autonomous vehicles on the safety of other road users and pedestrians. Continue reading →

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Toyota Mobility Foundation Meets on Zero Accident Casualties

Posted on 18 December 2023 by Ken Zino

Last Friday on 15 December 2023, the Toyota Mobility Foundation general meeting gathered together participating members to review the progress of various activities and share insights between subcommittees. A report was issue today from the subcommittees at the Tateshina Meeting, which promotes discussions and the expansion of collaboration among participants with the goal of zero casualties in traffic accidents. Continue reading →

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Annals of Marketing – Nissan Ariya EV Arrives at South Pole

Posted on 18 December 2023 by Ken Zino

The Ariya EV was basically factory-standard with no modifications to the powertrain or battery. However, it was modified by polar mobility specialist Arctic Trucks to adapt 39-inch BF Goodrich tires. Continue reading →

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Preorders Open for Acura 2024 ZDX Performance EV

Posted on 18 December 2023 by Ken Zino

The 2024 ZDX A-Spec is forecast to start in the $60,000 range with a single-motor (rear-wheel-drive) powertrain. A more powerful dual-motor (all-wheel-drive) configuration is also available. ZDX Type S has a performance tuned dual-motor AWD powertrain producing ~ 500 horsepower and is expected to start in the $70,000 range. Continue reading →

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