Tag Archives: autoinformed

Q1 US Real Gross Domestic Product at 6.4% Annual Rate

Commerce says that real gross domestic product increased at a 6.4% annual rate. Personal consumption expenditures increased by a vigorous 10.7% annual rate, while business investment in equipment and intellectual property products continued to grow steadily. Continue reading

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CARB Fines Plasti Dip International for Air Quality Violations

Plasti Dip International has been developing and manufacturing specialty coatings and adhesives since 1972. It started with its most popular product, Plasti Dip. The air-dry rubber coating began as a “grip solution” for tool handles and has become a DIY commodity for crafters, handymen and automotive enthusiasts. Continue reading

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Toyota Developing Hydrogen Engine with Motorsports

Plans are for the hydrogen-engine-powered race vehicle  – 1.6-liter turbocharged and intercooled – to be fueled during races using hydrogen produced at the Fukushima Hydrogen Energy Research Field in Namie Town, Fukushima Prefecture.  Continue reading

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Ford Posts Q1 Income of $3.3B. Semiconductors Still Difficult

The company anticipates full-year 2021 adjusted EBIT to be between $5.5 billion and $6.5 billion, including an adverse effect of about $2.5 billion from the semiconductor supply issue. Adjusted free cash flow for the full year is projected to be $500 million to $1.5 billion, a large range reflecting the uncertainty in a global economy still reeling from the Covid pandemic. Continue reading

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2021 Mustang Mach-E GT and GT Performance Edition On Sale

Mustang Mach-E GT has electric all-wheel-drive and permanent magnetic dual motors, including an upgraded secondary electric motor that powers the front wheels for a combined power output of 480 peak horsepower and 600 lb.-ft. of torque. It aims for a 0-60 mph time of 3.8 seconds while targeting an EPA-estimated 250 miles of range. Continue reading

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Gaming Technology for Autonomous Vehicles at Porsche?

This – in theory – shortens development times, saves costs and makes mobility safer, according to Porsche. Furthermore, in the nascent Porsche Car Configurator, Game Engines are intended to help the customer in the configuration of her vehicle in retail. In the future, customers in Porsche Centers will see an “almost photo-realistic, three-dimensional simulation of their configured vehicle” via a gaming PC with connected VR glasses. Continue reading

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Salty Diversions – Maserati Multi 70 and Giovanni Soldini Break Channel UK-to-France Sail Boat Racing Record

The Italian Team’s time is 18 minutes better than the 2015 record set by Lloyd Thornburg and Brian Thompson aboard Phaedo. The elapsed times have been collected by the two competing teams; they will have to be ratified by the World Sailing Speed Racing Council. Aboard the trimaran, Soldini sailed with a six-man crew: Ambrogio Beccaria, Vittorio Bissaro, Guido Broggi, François Robert, Carlos Hernandez Robayna and Matteo Soldini. Continue reading

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Daimler Raises Financial Targets After Strong Q1 Results

The good operating performance in the first-quarter translated into an EBIT surge to €5,748 million (Q1 2020: €617 million). Adjusted EBIT, reflecting the underlying business, also multiplied to €4,970 million (Q1 2020: €719 million). China, the world’s largest vehicle market, was a key component in the comeback after it successfully fought off the Covid pandemic that Europe and the Americas are still struggling with. Continue reading

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Honda to Abandon IC Engines – Global Electrification by 2040

As part of sweeping initiatives that will also drastically alter Honda’s motorcycle and small engine businesses that make Honda the world’s largest power unit manufacturer, Honda will also try to achieve carbon neutrality for all products and corporate activities Honda is involved in by 2050. Continue reading

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NHTSA Taking Steps to Allow States to Set Greenhouse Gas Emissions Standards and Zero-Emissions Vehicle Mandates

The proposed action would establish a clean slate, enabling the Department to further the Administration’s fuel economy, equity, and climate change priorities — which include reversing unnecessary and potentially unlawful efforts to prevent state action. It is a repudiation of the anti-environmental polices of the disgraced previous Administration that was voted out last November.  Continue reading

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Groupe Renault Posts Flat Results for Q1 2021

Well, during Q1 2021, Group revenues were  €10,015 million (-1.1%). At constant exchange rates1, Group revenues would have increased by 4.4%. Automotive excluding AVTOVAZ revenues amounted to €8,566 million, down -0.3%. In addition to the change in inventories, which explains most of the negative impact of the volume (-6.5 points), revenues were adversely affected by a negative currency effect of -4.3 points. Continue reading

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Volkswagen de México Exporting Taos SUVs to US

Since its foundation, Volkswagen de Mexico has produced more than 13 million of vehicles. Currently, the Puebla Plant produces the Jetta, Tiguan LWB and Taos models; the Silao Plant produces the engines EA888 and EA211, which are integrated in the production of vehicles for the Volkswagen Brand and Audi, in North America. Continue reading

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FBI with a Tesla Employee’s Help Stops Malware Attack

Kriuchkov planned to cripple Tesla’s electric battery plant in Nevada with ransomware and steal company secrets for extortion. Furthermore, it was alleged that Kriuchkov acted on behalf of co-conspirators abroad and attempted to use face-to-face bribery to recruit the insider. Continue reading

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Q1 Financial Results of BMW Exceed Market Expectations

Part of the reason, of course, was extremely low expectations for the Munich-based auto conglomerate because of the ongoing Covid 19 pandemic. Continue reading

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Magna Wins Additional EV Component Business in China

Magna has won additional business to further support Chinese electric vehicle (EV) start-ups in the world’s largest and most CO2 producing vehicle market. Continue reading

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