Tag Archives: news analysis

Toyota Gazoo Racing Shows Hydrogen-Fueled Racing Car

Toyota Gazoo Racing unveiled the GR LH2 Racing Concept at le Mans yesterday, a liquid hydrogen fueled test car for the potential use of advanced technology in motorsports.

“The presentation of the forward-looking GR LH2 Racing Concept completes a celebration of past, present and future which marks the 40th anniversary of Toyota’s first participation at Le Mans, following the introduction of a unique combination of livery designs. The #7 GR010 Hybrid of Mike Conway, Kamui Kobayashi and Nyck de Vries carries a red and white tribute livery inspired by the iconic TS020 which participated in 1998. The #8 GR010 Hybrid, driven by Sébastien Buemi, Brendon Hartley and Ryo Hirakawa, represents the team’s present determination to win. Its matt black livery is built around a GR logo, capturing the team’s “Hate to lose” spirit and the “Prototype” concept of making ever-better motorsports-bred cars and continuous evolution,” Toyota said. Continue reading

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Unifor Stellantis Agreement Good for All Workers in Transition

“After a short strike throughout the night Unifor has reached now a tentative agreement with Stellantis. The deal came about around 7:00 AM this morning, after bargaining throughout the night. And yes, as you can tell all of those here are tired, but also very, very proud of the work that we’ve done for Canadian auto workers. ” said Unifor National President Lana Payne said late this afternoon at a hotel in Toronto. Continue reading

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Predictably – So-Called Tokyo “Court” Secretly Prolongs Detention of Carlos Ghosn By 10 Days According to TV Asahi

Ghosn, accused of aggravated breach of trust, is facing allegations of making the car maker take on ¥1.85 billion ($16.8 million) in investment losses that allegedly were his. (See AutoInformed from last Sunday: Japanese Justice or Farce?) Continue reading

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Honda Overseas and Japan Production Down Again in May

Honda Motor Company in Japan today announced that vehicle production declined by more than 50% for the month of May 2011. It was the third straight month that production dropped due to the ongoing negative effects of the Japan earthquake and tsunami in March. Continue reading

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Honda Motor Predicts $2.4 Billion Profit Drop from Earthquake

This represents a 63.5% decline for Japan’s third largest automaker compared to the previous year, the result of production disruptions caused by the Japan earthquake and tsunami, rebuilding costs, as well as a strong Yen at an unprecedented ¥80:$1. Continue reading

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China Rules as GM Sets February Sales Record

General Motors and its eleven government-mandated Chinese joint ventures sold 184,498 vehicles in February, setting a new record for the month, but not, repeat not, outperforming its amazing sales of 207,000 in its home U.S. market. Continue reading

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