Category Archives: news analysis

Mazda-Toyota Plant Under Construction in U.S.

The plant will build Toyota’s Corolla, whose all-new 2020 model which will make its public debut at the Los Angeles Auto Show in California, and Mazda’s yet-to-be revealed crossover model. Continue reading

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Hyundai Motor Links to UAV Startup Top Flight

The Boston-based startup and Korean Hyundai will “explore ways to accelerate the commercial application and deployment of UAVs across various sectors and markets. Joint efforts will extend to seeking new business opportunities around UAVs, using Top Flight’s patented hybrid-electric power system. The global UAV (aka ‘drones’) market, is growing at a fast pace, expected to garner $22.1 billion by 2026. Continue reading

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Moovel Shows Digital Marketplace for Mobility as a Service

The Smart City Expo World Congress says it wants to strengthen cities with a unique platform focusing on sustainable and future-oriented urban development. As a Mobility-as-a-Service (MaaS) platform, moovel offers cities and transit authorities the opportunity to boost access to mobility and thus make it more attractive with a tailored mobility app. Continue reading

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Magna International Posts Record Q3 Earnings

However, sales were slightly lower than we had anticipated, mainly due to lower than expected light vehicle production. Adjusted EBIT was below the comparable quarter in 2017 and was less than what Magna expected. After considering the impact of lower than anticipated volumes, the Power & Vision, Seating Systems and Complete Vehicles segments performed substantially in line with Magna expectations. Body Exteriors & Structures segment reported results below expectations, as a result of higher than anticipated launch costs and under-performance at certain facilities, largely offset by a favorable customer pricing resolution. Continue reading

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Daimler and Bosch Target San José for Automated Ride-Hailing

Daimler, Bosch and San José have signed a memorandum of understanding to pursue this test. Using automated Mercedes-Benz S-Class vehicles, Daimler will offer the service to a selected users in the San Carlos/Stevens Creek corridor between downtown and west San José. With its population expected to grow 40% in the next two decades, the metropolitan area faces growing transportation challenges. Continue reading

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Ford Buys E-Scooter Company Spin

Spin is the latest move by Ford in the so-called “mobility space,” as the company attempts to build businesses that will help its poor operational and stock performance. Some company or companies – and it is an open and ever-expanding field – will provide mobility businesses to help customers get places more easily, more quickly and, allegedly, less expensively. Continue reading

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Amazon Free Shipping has High Negative Costs

Ads say that candidates must have the “ability to lift, bend, reach above the head, kneel, crouch, and/or stretch during shifts up to 12 hours long.” Continue reading

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Alcoa Escalates Global Attack on Workers

The Alcoa European Works Council (EWC) criticized Alcoa for failing to comply with European information and consultation regulations by not consulting with the EWC in advance and not providing the EWC adequate information. The Netherlands-based EWC has filed a court claim in the Netherlands in order to block the closure and layoff. Continue reading

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VW Group Quantum Algorithm Cuts Waiting for Passengers

Quantum computers can solve highly complex tasks such as traffic optimization much faster than conventional super-computers; and in some cases, a solution is only possible with quantum computers. For this future-oriented computing technology, Volkswagen sees considerable potential for new applications within the company and new business models. Continue reading

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Dieselgate Spin Says Modern Diesels Emit Low Emissions

What’s missing of course are older generation designs which are being re-calibrated or shipped elsewhere or cancelled. Testing here by the German automakers association (ADAC) that the best-performing RDE-compliant Euro 6 diesels emit as much as 95-99% less NOx than the older Euro 5 vehicles. Too bad about the millions upon millions of these dirty diesels on the road. Continue reading

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Toyota 6 Month Financial Results – $11.29 Billion Net Income

Once again Toyota proved its operating prowess, which consistently place it in the running for the largest and mot profitable automaker in the world as it transforms itself into a mobility company to be reckoned with. Continue reading

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Jaguar Land Rover Vehicles Will Help Cure Motion Sickness?

Future Jaguar Land Rover vehicles will be able to tell if you’re feeling unwell and adjust settings to combat motion sickness. This – despite its apparent daftness – might be a good thing for captives of autonomous vehicles. Continue reading

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Toyota to Start New Car Subscription Service in Japan

Toyota wants to change from an automobile manufacturing company into – what else – a mobility company that offers a range of services to society of the future. Until now, Toyota has strengthened alliances between Toyota Group companies and other automobile manufacturers and new companies offering mobility services to create partnerships. The next steps are murky. Continue reading

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Ford Motor Q3 Net, EPS, EBIT – All Down as Ford Stumbles

Once again top Ford executives claimed they had a multi-year plan to fix things, but the same pledge has been going on since Ford 2000. Ford also said that because of the higher costs and uncertainty impacting the entire sector, coupled with unexpected deterioration this year in the Europe, Middle East and Africa, and China businesses, current company forecasts show that it will not reach its previously announced 8% EBIT margin or high teens ROIC targets by 2020. Another job-destroying reorganization in process. Continue reading

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GM Q3 Profits Ambush Analysts – Income $2.5 Billion EBIT

GM reported $2.5 billion in profits today at $1.75 per share, way beyond hapless analyst projections of $1.25 per-share earnings. Continue reading

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