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Tag Archives: auto industry commentary
VW Bus Beach Party Recap – Type 2s Only Need Apply
Volkswagen also unveiled its latest accessories concept vehicle, giving an early look at the customization potential of the ID. Buzz EV. On display alongside this point-of-sale promo was a unique art car, and a handful of vintage Microbus models from Volkswagen of America’s historic collection and some VIP guests. Continue reading
Ford Reshuffling with Retirements, and a Defection Announced
Ford Motor Company (NYSE: F) said in Dearborn this morning that corporate officers are retiring after three-decade careers, an executive is returning to the auto industry to lead global supply chain operations, and an under warranty new Ford Blue executive is departing to become CEO of a major transportation and logistics business. Continue reading
Penske Automotive Group Buys Transolutions Truck Centers
“We are thrilled to expand our North American presence with the Freightliner, Western Star and Thomas Built Bus brands. For more than 30 years, Transolutions Truck Centers has built a strong legacy of providing quality service to customers across Manitoba,” said Premier Truck Group President Ron Long. Continue reading
Ganassi Racing Honda Wins Chevrolet Detroit Grand Prix
From a racing fan’s point of view, AutoInformed remains worried about the lack of real racing in IndyCar. Street tracks present huge problems. Detroit, to our eyes, was too narrow, too short and way too bumpy. The longest straightaway needed to be resurfaced – like many Michigan roads the second half of it needs to be fixed – smoothed so passing can occur without bumps and carbon-fiber wing benders. This is an IndyCar problem. Restarts lead to more restarts, but on street circuits – the best way to overtake and pass is on the restart where everyone is bunched up – more accidents, more flags, more restarts with little sustained racing. Continue reading
Pato O’Ward Fastest in Practice for Chevrolet Detroit Grand Prix
Pato O’Ward was fastest in during Friday practice for Chevrolet Detroit Grand Prix. Continue reading
Posted in people, performance, racing
Tagged 2023 Chevrolet Detroit Grand Prix, auto industry commentary, autoinformed.com, Ken Zino, Pato O’Ward
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US Auto Sales Soar in May
“After a particularly robust result in April, it would not have been surprising if May sales were a little disappointing, but instead, we interpret May’s outcome as another encouraging one for the industry,” said David Oakley, Manager, Americas Sales Forecasts, GlobalData. Continue reading
GM Expanding Ultium CAM EV Battery Joint Venture
General Motors (NYSE: GM) and POSCO Future M announced today the second phase of their Ultium CAM joint venture, an investment forecast to exceed $1 billion to increase production capacity of Cathode Active Material (CAM) for EV batteries. While CEO Mary Barra admits that GM was slow to embrace EVs, GM is now clearly among the leaders in what is the future of automobility. Today’s announcement is the latest in a series of actions GM has taken to build a more secure EV supply chain. Continue reading
Posted in connected vehicles, electric vehicles, energy, environment, global warming, manufacturing
Tagged auto industry commentary, autoinformed.com, Doug Parks, Ken Zino, POSCO Future M, Ultium batteries, Ultium-based battery electric vehicles, Wallace Battery Cell Innovation Center
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Magna Buys Veoneer Active Safety Business
“Our electronics team, now with more than 7200 employees, including 3500 in engineering, can better accelerate (sic) the development of premium features and functions at scale. Magna will also benefit from an expanded geographic footprint and customer reach in key automotive regions around the world with nine facilities and 30 engineering/sales locations dedicated to active safety,” Kotagiri said. Continue reading
Ford Next with Uber to Offer Drivers Mustang Mach-Es
“We understand uptime and ease of use are critical to every rideshare driver. As more of them make the switch to electric vehicles, we’re building the Ford Drive program around their unique needs,” claimed Bill Knapp, who heads Ford Drive. Continue reading
Stellantis, Vulcan Sign Deal for Renewable Energy at Mulhouse
Mulhouse is where the DS7, Peugeot 308 and e-308, 508, and the new 408 are made. Based on current assumptions, the project could provide a significant portion of the industrial site’s annual energy needs starting in 2026, Stellantis said. It’s the latest move in the Stellantis fight against climate change with its ambitious goal of reaching carbon net zero emissions by 2038, with a 50% reduction by end of this decade. Continue reading
Posted in alternative fuels, electric vehicles, energy, environment, manufacturing, milestones, public health
Tagged Arnaud Deboeuf, auto industry commentary, autoinformed.com, carlos tavares, citroën, FCA and PSA, Francis Wedin, Ken Zino, Mulhouse plant, Peugeot, Upper Rhine Graben, Vulcan Energy
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GM Adding Active Safety Systems to 98% of its 2023 Vehicles
“GM has gone well beyond the safety commitment we made to our customers for the 2023 model year, with a handful of additional standard safety features shown to bring real-world results,” claimed John Capp, director, Vehicle Safety Technology, Strategy and Regulations. “As we look ahead toward a future vision of zero crashes, zero emissions and zero congestion, these technologies are significant building blocks with proven benefits for reducing common crashes.” Continue reading
Toyota Motor Establishes Hydrogen Factory
The goal is to promote sustainable commercialization of hydrogen fuels. The former Hydrogen business area will be abolished as a result. This is in keeping with the global auto industry’s moves toward sustainable fuels. Continue reading
Chinese April Sales Soft – EV Exports Threaten Global Trade
AutoInformed notes here that the Biden Administration’s Inflation Reduction Act is actual a climate change and industrial policy bill that has global trade implications among US allies, trading partners and hostile states – say Russia and China. This is leading to the creation of a new term that will replace “offshoring” in trading and policy jargon. How about “friend shoring,” which is starting to emerge in automotive circles. Continue reading
Toyota to Assemble Three-Row Electric SUV in Kentucky
Toyota claims it currently offers 22 electrified vehicle options in the US at the Toyota and Lexus brands, the most among any automaker. By 2025, Toyota plans to have an electrified option available for every Toyota and Lexus model globally. During the last two years, Toyota said it has invested more than $8 billion in its US manufacturing operations primarily to support its product electrification efforts. Continue reading
GM to Build Full-Size Pickups at Oshawa – Maybe
What role Unifor, which represents Canadian auto workers, plays in this remains to be seen. AutoInformed observes this is a bittersweet blessing for Canadian autoworkers since internal combustion engines are ultimately doomed. There are larger issues as well as the components and agreements for supplying electric vehicles are in place or at organizations that are hostile to unionized workers and even Democracies. Continue reading →