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Tag Archives: auto industry commentary
Toyota’s Hino Motors Emissions Fraud – $1.6B Plea Deal
The U.S. Justice Department, Environmental Protection Agency (EPA), FBI, Customs and Border Protection (CBP), Department of Transportation’s Office of Inspector General (DOT-OIG), National Highway Traffic Safety Administration (NHTSA), and State of California reached criminal and multiple civil resolutions, valued at more than $1.6 billion, with Hino Motors Ltd., Hino Motors Manufacturing U.S.A., Inc. and Hino Motors Sales U.S.A., Inc. (collectively, Hino) for violations related to the submission of false and fraudulent engine emission testing and fuel consumption data to regulators and the illicit smuggling of engines into the United States. These resolutions are subject to approval by the U.S. District Court for the Eastern District of Michigan.
“Hino knew the requirements that engines must meet to be certified to operate in the United States, yet it falsified data for years to skirt regulations,” said Assistant Attorney General Todd Kim of the Justice Department’s Environment and Natural Resources Division (ENRD) yesterday. “Hino’s actions led to vast amounts of excess air pollution and were an egregious violation of our nation’s environmental, consumer protection and import laws.” Continue reading
Posted in auto news, car sharing, engineering, environment, fools 'n frauds, global warming, litigation, milestones, news analysis, public health, transportation
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, California Department of Justice, carb, department of justice, epa, fbi, Hino Motors Ltd., Hino Motors Manufacturing U.S.A., Hino Motors Sales U.S.A., Justice Department case 198-01902, Ken Zino, Toyota subsidiary Hino Motors, X @KenAutoinformed
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Michigan Governor Gretchen Whitmer Defends Auto Industry
“To grow Michigan’s economy and fight for the auto industry, I’ll work with anyone who’s serious about solving problems in Lansing or DC,” said Governor Whitmer. “Right now, there’s an ongoing, global competition between Michigan, China, and other states to build the future of the auto industry. To make sure we win, we need commonsense, bipartisan tools that create good-paying jobs and bring supply chains home. We must also find a fiscally responsible, sustainable solution to fix the damn roads work with our Canadian neighbors to ensure tariffs don’t lead to higher costs for families and businesses. Together, let’s create Michigan jobs, fix Michigan roads, and grow Michigan’s economy. The road ahead is bright, so let’s roll up our sleeves and get to work.” Continue reading
Posted in auto news, awards, connected vehicles, economy, electric vehicles, engineering, environment, labor issues, manufacturing, marketing, news, news analysis, people, shows and events
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, detroit auto show, Governor Gretchen Whitmer, HIRE Michigan, Ken Zino, Ontario Premier Doug Ford, Rebuilding Michigan bond plan, Road Ahead Address, road funding, Trump-Proposed Tariffs, Whitmer-Gilchrist administration, X @KenAutoinformed
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Grass Isn’t Always Greener – SEC Fraud Charges Joecool
The Securities and Exchange Commission today announced litigated charges against Joecool.com, LLC and its CEO, Joseph Ariel Haber, for alleged misappropriation and misuse of investor funds, as well as false and misleading statements to investors. There are also charges against recidivist securities law violator Robert Tye Cournoyer for his alleged false and misleading statements to investors and for acting as an unregistered broker.
The SEC’s complaint, filed in federal district court in Nevada, Case No. 25-cv-00076, alleges that between at least November 2019 and February 2024, Joecool raised approximately $2 million from investors through an unregistered securities offering by representing that investor funds would be used to produce, package, promote, and sell various CBD-infused coffee products. The SEC requested “a trial by jury on all claims so triable.” Continue reading
Posted in fools 'n frauds, litigation, news, news analysis, people
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Joecool.com fraud charges, Joseph Ariel Haber, Ken Zino, Robert Tye Cournoyer, Securities and Exchange Commission, Securities Exchange Act of 1934, securities law violations, X @KenAutoinformed
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Census Bureau – Varying Veteran Employment Outcomes
The U.S. Census Bureau today released an expanded version of Veteran Employment Outcomes (VEO), an experimental data product showing earnings and employment outcomes for veterans of the U.S. armed forces.
“Coverage includes labor market outcomes one, five and 10 years after discharge, by military occupation, rank, demographics, industry and geography of employment. Among the findings, veterans with more specialized military training and work experience had higher civilian earnings and employment rates than infantry and combat veterans,” Census said. Continue reading
Posted in connected vehicles, economy, labor issues, news, news analysis, people, shows and events
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Ken Zino, U.S. Census Bureau, U.S. Department of Defense, Veteran Employment Outcomes, X @KenAutoinformed
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BMW Group Posts So-So Sales Results in 2024
With a total of 2,450,804 vehicles delivered to customers in 2024, the BMW Group said today that it achieved its new annual sales target that was adjusted downward during the second half of 2024. Electrified vehicles represented 24.2% of total BMW Group sales in 2024, with 593,215 units delivered to customers. Fully-electric vehicles accounted for 17.4% of total sales.
“The BMW brand delivered 2,200,177 vehicles to customers in the full year 2024 (-2.3%). With its attractive product portfolio across all technologies, the brand maintained its position as the global leader in its segment. In the Europe region, the BMW brand expanded its market share, registering double-digit sales growth in Italy, France and the UK. The BMW brand also posted sales growth in the U.S. In Germany, despite a declining market for fully-electric vehicles, BMW saw growth in new BEV registrations,” BMW said in a garbled release. Continue reading
CARB Eases Portable Generator Rules Because of Wildfires
In California, every portable generator rated at or below 19 kilowatts must be certified to California emission standards in order to be legally sold. “However, in some areas, there is currently a shortage of California certified portable generators available for sale due to the increased demand resulting from on-going wildfires. During this emergency, the California Air Resources Board (CARB) will exercise maximum discretion with regard to the sale and use of new generators less than 19 kilowatts in size by temporarily allowing (through June 30, 2025) the import, distribution, sale, and offer for sale of U.S. EPA certified generators,” CARB said over the weekend. Continue reading
Posted in energy, environment, global warming, news, news analysis, public health, safety
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, California Air Resources Board, California Wildfires, carb, Ken Zino, portable generators, U.S. EPA certified generators, X @KenAutoinformed
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New Tesla Recall for Bad Computers
Tesla, Inc. is recalling ~240,000 2024-2025 Model 3, Model S, 2023-2025 Model X, and 2023-2025 Model Y vehicles because a computer circuit board may short circuit, according to documents made public today by the National Highway Traffic Safety Administration.
“On a small percentage of affected vehicles, upon vehicle power up, a reverse current may cause a shorting failure on the car computer board, resulting in the loss of rearview camera functionality,” Tesla said in the mandatory safety defect recall filing. Continue reading
Posted in connected vehicles, customer satisfaction, electric vehicles, electronics, engineering, manufacturing, news analysis, quality, recalls, safety, software recalls
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, elon musk, FMVSS 111 rear visibility, Ken Zino, NHTSA 25V002 or 25V-002, Tesla recall SB-25-00-001, Tesla Recalls, X @KenAutoinformed
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Chevrolet 2025 Corvette ZR1 Starts at $185,995
Chevrolet has finally announced pricing for the 2025 Corvette ZR1, the fastest, quickest and most powerful Corvette yet. With a top speed of 233 mph on the track, 0-60 in 2.3 seconds [footnote 1] and 1064 horsepower, the Corvette ZR1 is unmatched by any current production car priced under $1 million. The 3LZ coupe is available for a starting MSRP of $185,995 (excludes tax, title, license, dealer fees, optional equipment. Dealer sets final price) or $195,995 for the 3LZ convertible. Production of the 2025 Corvette ZR1 will begin at Bowling Green Assembly sometime during Q2.
“ZR1 is an example of design and engineering excellence, one where we push the boundaries of what’s possible in terms of performance,” said Scott Bell, vice president of global Chevrolet. “It was important for us to stay true to Corvette’s promise of a vehicle whose world-class capabilities completely outmatch its price.” Continue reading
Posted in auto news, car sharing, engineering, marketing, milestones, news analysis, performance, shows and events
Tagged 2025 Corvette ZR1, auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, detroit auto show, Ken Zino, Scott Bell, X @KenAutoinformed
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Ian Callum Wins 2025 Lifetime Design Achievement Award
A group of the world’s automotive designers selected Ian Callum as the winner of the 2025 EyesOn Design Lifetime Design Achievement Award for his outstanding career in vehicle design, it was announced at the Detroit Auto Show today. Callum will receive the 2025 Lifetime Design Achievement Award at a black tie event on June 13, 2025 as part of the week-long series of EyesOn Design activities. These culminate in its annual automotive design show, held every Father’s Day on the grounds of the lakefront Eleanor & Edsel Ford House in Grosse Pointe Shores, Michigan.
“Callum, who was born in Scotland, knew he wanted to design cars at a young age after he saw a Jaguar E-Type in a dealership window while on a trip to Glasgow with his grandfather. Later, he would work for the storied English brand, where he and his team designed some of the most striking Jaguars, including the R-Coupe, the F-Type, F-PACE and I-PACE, a World Car of the Year Award winner,” EyesOn Design said. Continue reading
Posted in auto news, awards, car sharing, design and styling, people, shows and events
Tagged 2025 Lifetime Design Achievement Award, auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Eleanor & Edsel Ford House, EyesOn Design, Ian Callum, Ken Zino, X @KenAutoinformed
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Seventh Big Rigging Guilty Plea in Michigan Asphalt Industry
The former president of a Michigan asphalt paving company pleaded guilty last Wednesday for his role in a conspiracy to rig bids for asphalt paving services contracts in Michigan, the U.S. Justice Department said today. Documents filed in the U.S. District Court for the Eastern District of Michigan, show that Timothy Baugher, former president of Pontiac-based Asphalt Specialists LLC (ASI), conspired with F. Allied Construction Company Inc. (Allied), and employees from those companies to rig bids in each other’s favor. Baugher participated in the conspiracy from July 2017 through May 2021.
Wednesday’s guilty plea is the 10th in the Antitrust Division’s ongoing investigation into collusion in the Michigan asphalt paving industry. Baugher’s former employer, ASI, and another former ASI executive also pleaded guilty for their participation in the conspiracy with Allied in January 2024. Allied and two of its executives previously pleaded guilty in August 2023 for their participation in the conspiracy. On Aug. 15, 2024, ASI was sentenced to pay a fine of $6,500,000.
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Posted in auto news, car sharing, fools 'n frauds, litigation, news analysis, people, transportation
Tagged Asphalt Specialists LLC, auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Doha Mekki, F. Allied Construction Company, Ken Zino, Timothy Baugher, U.S. Justice Department Antitrust Division, X @KenAutoinformed
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Volkswagen Sales Flat in 2024
Volkswagen brand delivered ~4.8 million vehicles to customers worldwide last year – 1.4 % fewer than in the previous year. However, it was the market leader in Germany with a market share of 19.1% , according to the German Federal Motor Transport Authority (KBA). Continue reading
More Green Economy Jobs Coming to Michigan
Four economic development projects in Southeast Michigan representing~ $55 million in capital investment and 167 jobs in Wayne and Oakland counties were announced today by Governor Gretchen Whitmer. 3E Nano Inc, dba NxLite is a company providing nano-thin energy and solar control coatings for the polymer, glass, and window industries. Robert Bosch LLC., part of the Bosch Group intends to create a Regional Hydrogen Research and Development Hub at the company’s Farmington Hills headquarters. Envergia recovers minerals and metals from recycling of industrial lithium-ion and EV batteries. Software company dSPACE.
“Today, we are investing in advanced manufacturing companies across Southeast Michigan to create 167 good-paying jobs and build on our work to grow Michigan’s economy,” said Governor Whitmer. “From battery recycling to software testing to research and development, we are bringing good-paying, high-tech jobs home to Michigan, creating opportunities for our workers and securing the automotive supply chain.” Continue reading →