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Tag Archives: Ken Zino
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
Posted in news analysis
Tagged auto industry commentary, autoinformed, autoinformed.com, dot, Ken Zino, nhtsa, Pete Buttigieg
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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
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
Posted in manufacturing, new vehicle
Tagged auto industry commentary, autoinformed, autoinformed.com, Ken Zino, volkswagen group
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Shown ‘n Go – Ford Performance Carbon Fiber Parts
The weight of the carbon fiber hood vent and rain tray kit is trimmed to four pounds – half the weight of the stock parts. The front splitter with belly pan drops from seven pounds to four, the front bumper insert weighs just one pound, and the deck-lid trim panel weighs two pounds. Combined, the pieces weigh nine pounds less than the stock components. Continue reading
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
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
Posted in financial results
Tagged auto industry commentary, autoinformed, autoinformed.com, BMW AG Q1 2021, china, Ken Zino
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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
Fourth Annual Philadelphia Concours d’Elegance – 17 July
Last year’s two-day event was cancelled due to the pandemic and this fourth “annual” event has been rescheduled as a one-day program. All current State guidelines for pandemic restrictions will be in place to ensure the safety of all participants and attendees. Continue reading
Maserati Debuts Levante Hybrid SUV at Shanghai Auto Show
“Shanghai Auto Show is an extremely important event for our Brand. The Show marks a rebirth in difficult times. We believe strongly in this new beginning, and today we are showcasing several world premieres that project us straight into the future,” said Maserati CEO Davide Grasso. Continue reading
Toyota Recalls 280,000 Venza Models for Defective Side Airbags
The Venza models are equipped with an airbag sensor installed in the driver- side front door. The sensor is connected to the Supplemental Restraint System Electronic Control Unit by a pair of twisted wires in a Yazaki North America supplied harness routed from the door to the vehicle body through a grommet. Because of a larger difference between the wire harness length and grommet length, there is a tighter bending radius for the wire harness inside the grommet. Continue reading
GM and LG Energy to Build Second Battery Cell Plant in US
Ultium Cells will build the new plant on land leased from GM. The new battery cell plant will create 1,300 new jobs. Construction on the approximately 2.8 million-square-foot facility will begin immediately, and the plant is scheduled to open in late 2023. Once operational, the facility will supply battery cells to GM’s Spring Hill assembly plant. The latest move clearly positions Korean company LG as the key partner in GM’s push for leadership in the growing Electric Vehicle market. Continue reading
Commerce Adds Seven Chinese Super-computing Entities to List Restricting Export or Transfer of Technologies Contrary to National Security or US Foreign Policy Interests
Today’s final rule adds Tianjin Phytium Information Technology, Shanghai High-Performance Integrated Circuit Design Center, Sunway Microelectronics, the National Supercomputing Center Jinan, the National Supercomputing Center Shenzhen, the National Supercomputing Center Wuxi, and the National Supercomputing Center Zhengzhou. These entities are involved with building supercomputers used by China’s military actors, its destabilizing military modernization efforts, and/or weapons of mass destruction (WMD) programs. Continue reading
Stellantis 2021 Annual Meeting Yeas €1 Billion Cash Payout
The distribution will be paid out of the capital repayment reserve that was created by a reduction of the nominal value of the Stellantis common shares in connection with the Faurecia distribution, previously approved by the Extraordinary General Meeting of Shareholders. Continue reading
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 →