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Tag Archives: autoinformed
Brazil to Nationalize Ford Motor Plants?
Ford workers are looking for ways to protect their jobs and have agreed to begin talks with the US carmaker’s global management team today. They are also looking into the possibility of introducing a bill to nationalize Ford’s operations in Brazil. Continue reading
Posted in labor issues, people
Tagged auto industry commentary, autoinformed, autoinformed.com, Camaçari, Ford Brazil, IndustriALL, Ken Zino, Taubaté, Troller
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Daimler Earns €4.0 billion in 2020
During 2020, net profit improved to €4.0 billion (2019: €2.7 billion). Net profit attributable to the shareholders of Daimler AG amounted to €3.6 billion (2019: €2.4 billion), leading to an increase in earnings per share to €3.39 (2019: €2.22). At the Annual General Meeting on 31March 31, 2021 the Board of Management and the Supervisory Board will propose a dividend of €1.35 per share (2019: €0.90). Total payout will amount to €1.4 billion (2019: €1.0 billion). Continue reading
New St. Clair Magna Plant to Supply GMC’s Hummer EV
The battery enclosure contributes to structural and safety aspects of a vehicle’s frame and protects high-voltage batteries from damage and water. Continue reading
First Look – 2022 Lexus IS 500 F Sport Sedan
As the first model in the new Lexus F SPORT Performance line, the IS 500 engine is larger in displacement and performance compared the IS 350’s 3.5-liter V6. (see AutoInformed on 2019 Lexus ES 350 in Production at Georgetown Kentucky) The IS 500 has a maximum output of 472 hp at 7,100 rpm and 395 lb.-ft. of peak torque at 4,800 rpm. Naturally it’s heavier at 3,891 pounds, gaining 143 pounds of additional curb weight over the standard IS 350 F SPORT. The IS 500 on paper is capable of delivering a 0-to-60 mph elapsed time of 4.5 seconds and has a manufacturer-estimated 24 mpg highway rating. Continue reading
Groupe Renault and Faurecia to Work on Hydrogen Storage
Hydrogen, of course, is central to an ongoing energy transition toward zero-emissions mobility. Fuel cell electric vehicle technology will be significant in the powertrain and vehicle mix by 2030 promoted or demanded by government regulations, taxpayer subsidies and the growing realization that Global Warming is a significant health and economic threat. Continue reading
Ford F-Series Recalls for Windshield Ejections, Wrong Labels
In a crash, the windshield may not adequately stay in place, which may increase the risk of occupant injury. Ford said it is “not aware of any accidents or injuries related to this condition.” Continue reading
Groupe Renault Posts 2020 Loss of -€8.5 Billion
The disastrous results take into account an increase of charges related to restructuring costs and impairments of almost a €1 billion. Net income of -€8,046 million (-€660 million in H2) compared to €19 million in 2019. However, a negative Automotive operational free cash flow of -€4,551 million is distressing even with a positive contribution of €1,824 million in H2. Continue reading
Posted in financial results
Tagged auto industry commentary, autoinformed, autoinformed.com, Ken Zino, Renaulution
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Ford Europe is Planning on Shifting Passenger Cars to All EVs by 2030, Commercial Vehicles Will Eventually Follow
The news comes after Ford reporting, in the fourth quarter of 2020, finally, a return to profit in Europe and announced it was investing at least $22 billion globally in electrification through 2025, nearly twice the company’s previous EV investment plans. Continue reading
Ford Motor Still Ensnared in Takata Airbag Shrapnel Recall
Ford said it has identified that certain Takata airbag modules that produce life threatening shrapnel “were not purged from service stock after the parts for the permanent service fix became available.” Continue reading
Canadian GM Engineers Can Now Develop Advanced Vehicles on the CTC McLaughlin Advanced Technology Track
The 55-acre operation on the southern-end of the Oshawa Operations expands GM’s Canadian technology footprint to four sites. With campuses in Markham and Oshawa and the Kapuskasing Proving Grounds in northern Ontario, the CTC has grown to become the largest software engineering and development centre for GM outside the U.S. Continue reading
Hyundai Tweaks 2022 Kona and Kona Electric SUVs
Otherwise, the Kona EV does not incorporate any advances in EV or battery technology. Instead it has a different front fascia design. New headlamps and Daytime Running Lamps provide a different look. New lower fender sculpted vents are aerodynamically functional. In profile, a different alloy wheel design has been optimized for “efficient airflow.” Oh, there are new taillights as well. The real selling points are carryover. Continue reading
Ford – EVs Present Environmental, Human Rights Issues
Ford said this is another step Towards its desire to responsibly source all raw materials used within vehicles globally. Continue reading
Porsche SE Profit For Fiscal Year 2020 Forecast at €2.6 Billion
The group result after tax of Porsche SE is influenced significantly by its equity result from the capital stake in Volkswagen AG of currently about 31.4%, and thus by the group result after tax of Volkswagen AG. Continue reading
Census – 35% of Households Say it is Difficult to Pay Expenses
Better late than never. But for the suffering it’s small compensation for enduring a seditious President for four years who – based on his actions in office was unemployed all the while being pampered, housed, fed and subsidized – aka welfare for the rich – by taxpayers he disdains. Continue reading
Posted in economy, people
Tagged auto industry commentary, autoinformed, autoinformed.com, Ken Zino, US Census Pulse Survey
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HomeStation – Connected Home Charging for Electric Vehicles
Home Station is the brand’s fastest home charger. Under the 40-amp configuration, it can provide charging speeds of up to 9.6kW – 6.8 times faster than on a Level 1 charger. This means some EVs can add up to 33 miles of range per hour. Continue reading →