Tag Archives: autoinformed

Sumitomo to Make 30 Minute Quick Charger for Nissan Leaf

Posted on 10 November 2011 by Ken Zino

Nissan previously announced a joint promotion of a DC Quick charger with Sumitomo. The newly developed DC quick charging unit retains the high performance of current quick chargers but is nearly half the size – making for an easier installation. Continue reading →

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Honda to Show AC-X Plug in Hybrid at Tokyo Motor Show

Posted on 10 November 2011 by Ken Zino

The Number Three Japanese automaker – and perennial second place hybrid sales leader behind the clear leader Toyota – says the next-generation plug-in hybrid vehicle offers a more comfortable time in the vehicle during all driving situations, from urban to long-distance driving. Continue reading →

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Chevrolet’s All-New 2013 TrailBlazer Debuts in Dubai

Posted on 10 November 2011 by Ken Zino

The next generation TrailBlazer combines the hauling and towing capability of a body-on-frame SUV with what’s claimed to be the ride comfort and efficiency of a crossover. In other words, it’s a traditional American truck although it was developed along with the all-new Chevrolet Colorado pickup by GM do Brasil. While GM has announced the return of the Colorado to the U.S., but has not confirmed the TrailBlazer will join it, which seems an easy, though potentially cannibalizing, addition to the showrooms. Continue reading →

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GM Q3 Earnings of $1.7 Billion, Most from North America

Posted on 9 November 2011 by Ken Zino

Virtually all of the Q3 earnings came from North America – $2.2 billion, where Japanese competitors were largely out of the market during the period because of the Japan earthquake, which allowed GM to increase prices. GM Europe lost money; GM South America broke even; and International Operations – home of the booming China market – made $400 million. Continue reading →

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Toyota Recall Active on 420,000 Lexus and Toyota V6 Models

Posted on 9 November 2011 by Ken Zino

Toyota Motor Sales today announced that it will conduct a safety recall involving approximately 283,200 Toyota and 137,000 Lexus vehicles to replace the crankshaft pulley on the V6 engine. No other Toyota or Lexus vehicles or these Toyota models with 4 cylinder engines are involved. Continue reading →

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Milestones: Ford EcoBoost 3-Cylinder Startup in Cologne

Posted on 9 November 2011 by Ken Zino

Ford President and CEO Alan Mulally today launched volume production in Cologne of Ford’s smallest gasoline engine – a 1.0-liter EcoBoost engine that will debut in Europe in early 2012. Eventually variants of the three-cylinder, turbocharged, direct injection gasoline engine … Continue reading →

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EPA Ordered to Check State Plans Cutting Haze Pollutants

Posted on 9 November 2011 by Ken Zino

EPA initially issued a rule in 1999 requiring states to submit regional haze plans. These plans were due in December 2007. National Parks Conservation Association and other environmental groups sued the agency in August 2011 to take action on these plans. Today’s consent decree resolves the litigation. Continue reading →

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Biofuels Now in Commercial Use at United and Alaska Airlines

Posted on 8 November 2011 by Ken Zino

The use of aviation biofuels looks promising since it was pushed forward by the Commercial Aviation Alternative Fuels Initiative (CAAFI) established by the Federal Aviation Administration, which has been working to find sustainable fuels for airlines since 2006. As always the issues remain cost, and potential negative effects on global food supply. Continue reading →

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GM Airbag Recall Active for All 2008-2009 Pontiac G8 Models

Posted on 8 November 2011 by Ken Zino

GM is recalling all model year 2008-2009 Pontiac G8 vehicles because the front occupant can be harmed in crash. The GM airbag recall is prompted by head injury criteria (hic) measurements that far exceed the limits imposed by U.S. regulations. More than 38,000 vehicles are involved in the U.S. Continue reading →

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Honda EV Demonstration Testing Begins in Guangzhou, China

Posted on 8 November 2011 by Ken Zino

Guangqi Honda Automobile Company, the government required joint-venture between Honda Motor and Guangzhou Automobile wants to begin local production of EVs in China before the end of 2012. Before then, Honda is importing hybrids and EVs from Japan. Continue reading →

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GM Moves Canadian Healthcare off Balance Sheet to Trust

Posted on 8 November 2011 by Ken Zino

This means that GM Canada is free from any obligations associated with the cost of providing retiree healthcare benefits for eligible CAW represented retirees, surviving spouses and dependents. In exchange, GM Canada will transfer C$0.8 billion in cash and issue C$1.1 billion of notes to the HCT.

In its Q2 earnings GM had obligations of $4.7 billion in debt, $5.5 billion in preferred stock (U.S. government owns 26.5% of GM), $10.8 billion in unfunded pensions, and $10 billion in other post-retirement employee benefits. It’s not clear how GM is going to fund these. It looks like issuing more common stock is not feasible given current share price of ~$24, far below the IPO price of $33 and its high of $39.48. GM will report Q3 earnings tomorrow. Continue reading →

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Honda Unveils new ASIMO Robot – World Debut of Autonomous Control – Production and Public Use Near?

Posted on 8 November 2011 by Ken Zino

Honda Motor Company today unveiled an all-new ASIMO humanoid robot equipped with what Honda claims is the world’s first autonomous behavior control technology. This means the all-new ASIMO can now continue moving without being controlled by an operator. In theory, with this improved artificial intelligence and the physical ability to adapt to situations, ASIMO is close to practical public use. How close production is remains to be seen. Continue reading →

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Toyota Loses ¥33 Billion in First Half FY 2012. Scraps Forecast

Posted on 8 November 2011 by Ken Zino

In North America – Toyota’s second largest market – vehicle sales totaled 689,000 thousand units, a decrease of 352,000 units compared to the same period last fiscal year. Operating income decreased by ¥84.4 billion to ¥61.5 billion, including ¥15.6 billion of valuation gains/losses on interest rate swaps. Operating income, excluding the impact of valuation gains/losses on interest rate swaps, decreased by ¥109.8 billion to ¥45.9 billion. Continue reading →

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GM China Sales Set October Record – Surpass U.S.

Posted on 8 November 2011 by Ken Zino

During October 2011, sales by GM in China surpassed 2 million, reaching 2,113,274 units – more than the 2,000,000 units it has sold in the U.S. ytd. Two of GM’s manufacturing joint ventures surpassed 1 million annual sales in China, with Shanghai GM’s sales totaling 1,009,536 units and SAIC-GM-Wuling’s sales coming in at 1,053,196 units. This was the earliest in their history that GM and its joint ventures reached these sales milestones. Continue reading →

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Rolls Royce Recall Active for Engine Fires on Ghost Models

Posted on 7 November 2011 by Ken Zino

Rolls-Royce is recalling 2010 model year Ghost luxury cars equipped with turbocharged engines, because the circuit board for the electric auxiliary water pump can overheat.

At least two cases of engine compartment fires have been reported, Rolls said in a required National Highway Traffic Safety Administration filing about the safety defect. More than one hundred cases of the failure of the German-made Pierburg pump have been reported globally. Continue reading →

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