-
Recent Posts
- Mercedes AMG 2026 Experience Goes Off-Road
- Manufacturer Websites Lack Product Details?
- Chinese RoboVan Maker Neolix Debuts Next Gen Products
- Cox Fleet Commences for Trucking and other Industries
- UK New Car Registrations at 2M during 2025
- Ford Motor 2025 U.S. Sales Posted at 2.2 Million
- GM at Top of U.S. Auto Sales in 2025
- Audi Recalls Seat Belts for Child Seat Retention Failures
- Porsche Recalls More Than 173,000 Vehicles for Rear Visibility
- Ford Recalls Previous Expedition Roll-Away Recall Repair
- BMW Group Adds Alpina Brand
- Milestones – 50 Years of the VW Golf GTI
- EPA Administrator and Trump Booster Zeldin Praises Himself
- Happy Clean New Year California Air Resources Board!
- Chicago Auto Show Shrinks
Recent Comments
- Ken Zino on Ford Fuel Injector Leak Recall Now at ~694,000
- Laverne Oliver on Ford Fuel Injector Leak Recall Now at ~694,000
- Magna on its Share Repurchase Plan in reference to on Magna Posts Solid Q3 2025 Earnings Gain
- Daniel Ricciardo Global Ford Racing Ambassador on Ford Performance Rebranded as Ford Racing
- Gen 3 2026 Nissan Leaf Less than $30,000? | AutoInformed on Milestones – Nissan Begins Assembly of 2013 LEAF EV in Tennessee
Archives
Meta
Tag Archives: auto industry commentary
SEC Charges Nikola Founder Trevor Milton With Fraud
The SEC’s complaint, filed in U.S. District Court for the Southern District of New York, alleges that Milton founded Nikola in 2015 with the primary goal of manufacturing trucks that run on alternative fuels with low or zero emissions, and building an alternative fuel station infrastructure to support those vehicles. Milton allegedly helped Nikola raise more than $1 billion in private offerings and go public through a business combination conducted by a special purpose acquisition company (SPAC). Continue reading
Penske Automotive Posts Record Q2 Results
“Our business produced an all-time record second quarter driven by strength across all areas of our business. Strong volume and vehicle margins, improving service and parts operations, a growing Class 8 commercial truck market, record performance at Penske Transportation Solutions, and continuing cost controls all contributed to the record performance. I am particularly pleased with the continued expense discipline driving an 1,860-basis point improvement in selling, general, and administrative expense as a percent of gross profit,” said Chair and CEO Roger Penske. Continue reading
California Greenhouse Gases – Emissions Drop Continues
“This inventory is good news, but much larger reductions are needed to reach the ambitious 2030 target — an additional 40% reduction below the original 2020 limit,” said CARB Chair Liane M. Randolph. “We are now once again witnessing massive wildfires and recurring heat waves while large parts of our state are suffering from extreme drought. This is a clear call to redouble our efforts to protect those communities already hard hit by pollution and climate change, and to move with all possible speed to achieve carbon neutrality by mid-century as quickly as possible.” Continue reading
Ford Ion Park in Southeastern MI is New Global Battery Center
Ion Park will explore both lithium ion and solid-state battery cells and arrays. Ford will refurbish an existing 270,000 sq.-ft. facility. It will have a cross-functional team of up to 200 engineers, researchers, purchasing and finance staff. Ford Ion Park is critical in wisely spending the stockholder’s $30 billion investment in electrification by 2025. Politically it is part of a renewed commitment to making Michigan a centerpiece of its focus on electric vehicles. Continue reading
EU – Rideable Bench Wins Ford Fund Smart Mobility Challenge
“TOD” is designed as an adaptable system with static and mobile modes. Static it is a bench that can be extended to accommodate three people. Accessories such as chairs and corners can easily by added using a plug-in style kit system, while a flat square can be connected to two benches to form a picnic table. Continue reading
First Look – Mercedes EQS All-Electric Sedan
By 2030, the subsidiary of Daimler now – belatedly? – wants more than half the cars it sells to have electric drive systems – this includes all-electric vehicles and plug-in hybrids, areas it has been slow to embrace. Continue reading
Stellantis New Credit Line €12B Tops PSA and FCA Combined
This new RCF, available for use in general corporate purposes, is structured in two tranches: €6.0 billion, with a 3-year tenor, and €6.0 billion, with a 5-year tenor, each tranche benefiting from two further extension options, each of 1-year. Continue reading
Ford Refresh95 Cabin Air Filter Tweaks Interior Air Quality
Ford Refresh95 availability is expected during Q4 2021 for some vehicles, including the Bronco Sport, Escape, Explorer, Mustang Mach-E, Police Interceptor Utility and Maverick. Ford says customers won’t need to purchase a new vehicle. People with compatible vehicle will be able to purchase a Ford Refresh95 air filter from their local Ford dealer, starting later this year. Continue reading
NHTSA – Urgent Fire Recall Again on 2017-2019 Chevrolet Bolts
GM has issued a new recall affecting the 50,932 Model Year 2017-2019 Chevrolet Bolt vehicles covered under the original recall announced in November 2020 and revised in May 2021. NHTSA is aware of one fire with the interim remedy and two fires with the final remedy. Due to the risk of fire, vehicle owners should continue to park these vehicles outside, away from structures, and not charge them overnight. Continue reading
GM Adds New Hands-Free Super Cruise to 6 MY 2022 Vehicles
GM launched Super Cruise in 2017 with the Cadillac brand and has added capabilities, expanded Super Cruise-enabled routes and availability on more products since then. To date, approximately 10 million miles have been driven by customers using Super Cruise across the U.S. and Canada. Continue reading
Mercedes-Benz – New Platforms Electric Only From 2025
AutoInformed thinks it was prompted by runaway global warming and the increasing desire of consumers – and above all regulators and nations of affluent people – to eliminate fossil fuels. Daimler investments into combustion engines and plug-in hybrid technologies will drop by 80% between 2019 and 2026. Continue reading
Commerce to Make $3B Economic Development Investment
“President Biden’s American Rescue Plan delivered direct relief to the American people and was the first step to energizing the American economy following the devastating impacts of the coronavirus pandemic,” said Secretary Raimondo. “Now, its medium-term investments will allow communities around the country not only rebuild but re-imagine their economy for the future.” First announced on April 14, the plan has faced Republican opposition obstructionism because it apparently helps the working class and is that their usual program of ultra-rich welfare. Continue reading
Argo AI, Ford to Launch Self-Driving Vehicles on Lyft Network
Argo AI and Ford will deploy Ford self-driving cars, with safety drivers, on the Lyft network, as part of a network access agreement, with passenger rides beginning in Miami later this year and in Austin starting in 2022. As vehicles are positioned, Lyft users within the defined service areas will be able to select a Ford self-driving vehicle to hail a ride. “This initial deployment phase will lay the groundwork for scaling operations, as the parties are now working to finalize agreements aiming to deploy at least 1,000 autonomous vehicles on the Lyft network, across multiple markets over the next five years,” the companies claimed. Continue reading
Daimler Q2 Results – Group Net Profit of €3,704 million
However, Daimler assumes that the current worldwide supply shortage of semiconductor components will affect Mercedes-Benz Cars unit sales also in the third quarter. Mercedes-Benz Cars unit sales “could be in the magnitude of the second quarter or below.” Full year unit sales are expected to be at prior year level (previously: significantly above). Continue reading
Ford Motor Posts Q2 Revenue $26.8B, Net Income $56M, Earnings $1.1B as Market Share Drops
During April with the semiconductor situation worsening, Ford said it expected to lose about 50% of its planned second-quarter production, which would have resulted in a loss in the period. Ford did better than that using the strong demand from the Biden Administration economic boom to improve revenue and profits through lower incentives and a more expensive and profitable mix of vehicles. These generated company-wide adjusted earnings of $1.1 billion before interest and taxes. Continue reading →