Tag Archives: autoinformed.com

Transportation Unemployment Now at Pre-Pandemic Levels

Posted on 5 August 2022 by Ken Zino

This means that the July 2022 rate – by falling 3.1 percentage points from 7.3% in July 2021 – is now same as the pre-pandemic July level of 4.2% in July 2019. Unemployment in the transportation sector reached its highest level during the COVID-19 pandemic (15.7%) in May 2020 and July 2020 under the failed policies and denials of what would become the voted-out Trump Administration in November 2020. Thus the Biden Administration policies continue to strongly benefit the economy and US workers. Continue reading →

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New Side-Crash Tests: Few Mid-Size Cars Rated Good

Posted on 4 August 2022 by Ken Zino

New Side-Crash Tests: Few Mid-Size Cars Rated Good Continue reading →

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Toyota Motor FY Q1 Profit Drop Spooks Market

Posted on 4 August 2022 by Ken Zino

Aside from the well-known semiconductor problems, Covid lockdowns in Shanghai and other parts of Asia, as well as flooding in South Africa hurt the results. Toyota shares fell -3.45% after it released its earnings report, which showed a 42% year-over-year drop in operating profit, but recovered slightly to close down -2.99%. The Nikkei average share closed up 0.69% at ¥27,932.20 and even topped the ¥28,000 mark. Continue reading →

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July US Light Vehicle Sales Still Stalled

Posted on 3 August 2022 by Ken Zino

“July sales were slightly behind the June volumes, but not all OEMs were that stable. GM lost more than 20,000 units, and it was outsold by Toyota for the first time since January. On the positive side, Ford, Mazda and Toyota gained the most volume from June. Toyota remained the bestselling brand, but its lead over Ford shrank considerably this month. Continue reading →

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FCA Emissions Fraud: Accountability or Accountancy?

Posted on 3 August 2022 by Ken Zino

Whether this accountable enough or not is subject to debate. Critics say that this is just cash register justice whereby wealthy corporations buy their way out of criminal trouble and recover the costs through ongoing operations. Defenders point to the amount – a $300M criminal penalty – along with the organizational probation where FCA will be monitored for its regulatory behaviors. There are also outstanding individual criminal cases.
Continue reading →

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GM Expanding Super Cruise Hands-Free Driver Assistance

Posted on 3 August 2022 by Ken Zino

Super Cruise accelerates or brakes the vehicle to maintain a selected following gap from a vehicle ahead, steers to maintain lane position, and on some models when offered, can perform both driver and system-initiated lane changes to pass slower traffic and to move from a lane that may be ending, while monitoring the driver’s head position and/or eyes in relation to the road to help ensure driver attention. Continue reading →

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Back to School – E Before Q at MBUSA

Posted on 2 August 2022 by Ken Zino

The program is hosted in Alabama and will provide a three-day training session designed to educate, and electrify Mercedes-Benz team members nationwide. Continue reading →

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Stellantis: $99 Million for New Engine at Three N.A. Plants

Posted on 1 August 2022 by Ken Zino

“Today’s $83 million investment from Stellantis at the Dundee Engine Complex is a win for our auto workers and will help us secure the future of hybrid and electric vehicle manufacturing right here in Michigan,” said Governor Gretchen Whitmer of Michigan. Continue reading →

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