Tag Archives: auto industry commentary

Chinese Auto Market is Flying High – Exports a Threat

Posted on 12 March 2024 by Ken Zino

The Chinese auto market soared at the beginning of 2024, according to numbers and an analysis just released by the respected GlobalData* consultancy. Total Light Vehicle (LV) retail sales  – wholesales excluding exports – reached 2 million units in January … Continue reading →

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Toyota Motor North America R&D Leads in Patents

Posted on 12 March 2024 by Ken Zino

Toyota Motor (NYSE:TM) said today that it has been awarded more patents from the United States Patent and Trademark Office (USPTO) than any other automaker, according to an annual report by the Intellectual Property Owners Association (IPO). Toyota Motor North America Research & Development – head office in Ann Arbor, Michigan – has led the automotive industry for 10th consecutive years. During 2023 there was 3% overall decline in patents granted across all industries in the United States. Toyota ranked seventh among all companies awarded patents in 2023, receiving a total of 2667 patents. Toyota globally spends ~$1 million per hour on Research & Development. Continue reading →

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Taycan Turbo GT Sets Records at Laguna Seca, Nürburgring

Posted on 11 March 2024 by Ken Zino

Porsche said today that the upcoming Taycan Turbo GT with Weissach package set the fastest electric production car lap at Weathertech Raceway Laguna Seca. The Taycan is scheduled to go on sale this spring as part of the expansion of the premium line of its all-electric sports sedan to include the Taycan Turbo GT and the Turbo GT with an optional Weissach package. The Weissach setup is built for the track and eliminates the rear seats for a higher power-to-weight ratio. At peak power, both models can deliver more than 1100 PS (pferdestarke) or 1084.51 horspower. Continue reading →

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Nissan and Infiniti Recalls for Bad Airbags

Posted on 11 March 2024 by Ken Zino

Nissan North America (Nissan) is recalling model-year 2024 Titan, Frontier, Infiniti QX60, Pathfinder, 2023-2024 Sentra, Versa, Kicks, Infiniti QX50 and 2023 Rogue vehicles because of bad airbags that might not  protect the driver, according to the required filling that the National Highway Traffic Safety Administration made public this morning. Quick action by Nissan limited the scope of the potential safety defect. Continue reading →

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Bidenomics and the State of the Union

Posted on 8 March 2024 by Ken Zino

Once again President Biden took on the failed economic polices of the party of no hope, aka Republicans, and the former mis-administration disaster that he inherited in his State of the Union address last night. Nowhere is the contrast between good public policy and the republican politics of hate more evident than the ongoing recovery from the pandemic.

During an inspiring campaign speech that lasted more than an hour, Biden addressed – among other things – our economy. “I came to office determined to get us through one of the toughest periods in our nation’s history. And we have. It doesn’t make the news but in thousands of cities and towns the American people are writing the greatest comeback story never told. … America’s comeback is building a future of American possibilities, building an economy from the middle out and the bottom up, not the top down, investing in all Americans to make sure everyone has a fair shot … I inherited an economy that was on the brink,” Biden said. Continue reading →

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Acura 2024 ZDX Qualifies for $7500 EV Taxpayer Subsidy

Posted on 8 March 2024 by Ken Zino

Acura has released the power ratings for the 2024 ZDX all-electric SUV, and the high-performance ZDX Type S – the most powerful Acura ever. With a performance-tuned dual-motor AWD powertrain, ZDX Type S delivers a claimed 500 maximum horsepower and 544 lb.-ft. of maximum torque1 – more than the Acura NSX Type S supercar. ZDX A-Spec buyers can choose between a rear-wheel drive single-motor powertrain with 358 hp and 324 lb.-ft. of max torque or a more powerful dual-motor all-wheel drive configuration with 490 hp and 437 lb.-ft. of maximum torque. Continue reading →

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Honda Prologue SUV EV Gets $7500 Tax Subsidy

Posted on 7 March 2024 by Ken Zino

American Honda Motor said today that most all-new 2024 Honda Prologue models, the first all-electric Honda SUV, will qualify for the US $7500 EV tax credit. The federal tax credit applies to the purchase of all 2024 Prologues built after 25 February 2024. All 2024 Prologues will qualify when leased as do other EVs because of a quirk in the tax code. Prologue is arriving at Honda dealerships in the coming weeks, with a 296-mile EPA range rating. Prices before the credit range from ~$42,000 to $52,000. Continue reading →

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Chinese Junk Watch – EVERCROSS EV5 Hoverboard Fires

Posted on 7 March 2024 by Ken Zino

The U.S. Consumer Product Safety Commission (CPSC) today is warning consumers to immediately stop using EVERCROSS EV5 hoverboards because they pose a risk of fire to consumers. CPSC has received one report of a fire, resulting in substantial property damage to a residential building in New York City in May 2023.* They were sold online on Amazon.com, eBay.com, Likesporting.com, Lowes.com, Newegg.com, Ridefaboard.com and Walmart.com for between $180 and $300 from July 2021 to the present.

“EVERCROSS has not agreed to recall these hoverboards or offer a remedy to consumers,” CPSC said. In AutoInformed’s view, Chinese products remain a problem both in their design, manufacturing quality control and labor employment practices. Continue reading →

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February Western European Passenger Car Sales Up 8%

Posted on 6 March 2024 by Ken Zino

The Western European passenger car (PV) selling rate  rose month-on-month to 12.8 million units on an annual basis according to an analysis  just released by the respected consultancy GlobalData.* (see Ken Zino of AutoInformed.com on European Passenger Car Sales Soft … Continue reading →

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Turning over Taxpayer Assisted LEAF EVs

Posted on 6 March 2024 by Ken Zino

Nissan said today that 2024 Nissan LEAF vehicles manufactured in 2024 and sold on or after 6 March may be eligible for part of the U.S. federal EV tax credit under the Inflation Reduction Act,  provided that the customer meets all purchase and income qualifications for the EV tax credit. Nissan also provides a $3750 incentive to LEAF customers who lease any 2024 or 2023 LEAF. Potential buyers of course should consult with their tax advisor about any potential federal and state tax credit eligibility. The LEAF and its battery are assembled in Smyrna, Tennessee by non-union workers.

The latest LEAF was initially available to customers through 31 December 2023. Nissan said it has been able to re-certify that 2024 LEAF vehicles produced in the U.S. in 2024 meet the “battery component” requirements of the Inflation Reduction Act of 2022 (IRA) and may now qualify for up to a $3750 tax credit. The IRA has been criticized because it has no requirements for what creates in effect massively taxpayer subsidized companies without protecting their production workers. There are no market-based wage or benefit requirements, nothing that mandates company leaders to pay workers a wage to support themselves or their families. Continue reading →

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CARB – Yanmar Power Emissions Violation Settled for $16M

Posted on 4 March 2024 by Ken Zino

The California Air Resources Board (CARB) said today that it reached a settlement agreement with Yanmar Power of Osaka, Japan for $16,196,120 for violating regulations aimed at reducing nitrogen oxides from off-road compression-ignition engines.

“Nitrogen oxide emissions worsen the health of Californians and increase the risk of respiratory illnesses, making it essential that manufacturers follow air quality laws both accurately and thoroughly,” said CARB Executive Officer Dr. Steven Cliff. “Californians breathe some of the worst air in the nation, and our enforcement efforts that keep companies accountable make it clear that everyone has to do their part to reduce the impacts of air pollution.” Continue reading →

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A Delahaye 135MS Narval Cabriolet Wins Concours at Amelia

Posted on 4 March 2024 by Ken Zino

A 1947 Delahaye 135MS Narval Cariolet won Best in Show, Concours d’Elegance at the 29th annual Amelia Concours d’Elegance. The Sunday Concours concluded a week-long celebration of the automobile which included auction, seminars, film viewings and several automotive events, according to our friends at Haggerty. Continue reading →

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Nissan Cuts Ariya EV Starting Price to $41,340

Posted on 4 March 2024 by Ken Zino

Nissan USA said today that it is cutting the starting price of the 2024 Ariya EV now on sale with a starting Manufacturer’s Suggested Retail Price [1]* (MSRP) from $39,590 with “enhanced MSRP across all trim levels to appeal to a wider audience of EV buyers.” Ariya Engage, the entry point to the Ariya line-up, has been reduced by $3600 with other trim levels receiving a reduction of up to $6000.

“As the electric vehicle market continues to develop and grow, the revised pricing for the 2024 Ariya will improve the model’s competitiveness and ensure we are delivering maximum value to our customers,” said Trisha Jung, senior director, EV Strategy and Transformation, Nissan USA. Continue reading →

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Stellantis Posts 2023 Pro One Commercial Vehicle Results

Posted on 28 February 2024 by Ken Zino

“Our performance in 2023 reaffirms that Stellantis Pro One is a keystone of Stellantis business around the world,” said Xavier Peugeot, Stellantis Senior Vice President, Commercial Vehicles Business. “Propelled by the renewal of our entire van lineup and the widest offering of electrified propulsion, Stellantis Pro One is determined to be the most customer-focused product of choice. It is our customers who will drive us to our goal of market leadership by 2027.” Continue reading →

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Carmen Boulogne Driving Sim of Montjuïc Barcelona Debuts

Posted on 28 February 2024 by Ken Zino

The Carmen Boulogne reflects Hispano Suiza’s motor racing heritage and offers a, well, unique driving experience, which has been reproduced using the latest technologies in the simulator: 820kW (1114 hp) of power provided by four electric motors (two on each rear wheel), a top speed of 290 km/h (180 mph) and acceleration from 0-100 km/h in under 2.6 seconds. Continue reading →

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