Category Archives: news analysis

Michigan and Cavnue to Create Autonomous Vehicle Lanes Linking Ann Arbor and Detroit

The project will draw on an advisory committee of automotive and autonomous mobility companies, including Ford, GM, Argo AI, Arrival, BMW, Honda, Toyota, TuSimple, & Waymo. Notably absent is Fiat Chrysler. (See AutoInformed.com on “Bye Bye FCA and PSA. Hello Stellantis”) Continue reading

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NASCAR and BetMGM to Offer In Race Sports Betting

Live, in-race betting will begin in 2021. BetMGM is currently licensed for sports betting in seven states and has plans to be in 11 states by the end of 2020. NASCAR sanctions more than 1,200 races in more than 30 U.S. states, Canada, Mexico and Europe. (See list of AutoInformed.com on NASCAR below.) Continue reading

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J.D. Power to Buy ALG from TrueCar

The acquisition is predicted to augment offerings from the data & analytics division of J.D. Power. It is subject to the necessary regulatory approvals. Upon approval and close, all 40 ALG employees will join J.D. Power. Continue reading

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Federal Deficit for FY 2020 To Date – $2.8 Trillion or +$1.9 Trillion Year-over-Year

The cumulative federal budget deficit for the first 10 months of fiscal year 2020 reached $2.8 trillion, +$1.9 trillion more than the deficit recorded during the same period last year. Revenues were 1% lower and outlays were 51% higher through July 2020 than during the same 10-month period in fiscal year 2019. Continue reading

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Auto Plant Downtime Looming as COVID-19 Thrives?

LMC notes that projected regional and export demand, along with inventory replenishment, has it forecast that US automakers will produce nearly 40,000 vehicles daily in the second half of 2020. Continue reading

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Ford Motor Q2- Sales Drop -53%. Debt Grows $10B

Analysts, a mysterious species to AutoInformed were surprised and delight. AutoInformed noted an ongoing warranty cost disaster, which is a management failure not a Covid issue. It remains troubling as Ford is introducing increasingly complex vehicles. Continue reading

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GM Loses $800 Million in Covid Q2. NA Sales Drop -62%

However, GM post-bankruptcy is in a stronger position  – financially and with a wiser, faster acting management team – than it was when Wall Street speculation sent global markets plummeting in 2008-2009. The deep recession that ensued was turned around by the Obama Administration, but the non-protected classes in lower income and racially harassed populations never recovered. Continue reading

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Snapshot – The Trump Economic Depression

50.1% of American adults live in households which have experienced a loss in employment income. That’s making America gruesome again… Continue reading

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MIT Research: Widespread Autonomous Driving is at Least One Decade Away. Maybe More.

The longer rollout time for Level 4 autonomy provides time for sustained investments in workforce training that can help drivers and other mobility workers transition into new careers that support mobility systems and technologies. Continue reading

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Bye Bye FCA and PSA. Hello Stellantis

The Stellantis name will be used exclusively at the Group level, as a Corporate brand. The next step in the process will be the unveiling of a logo that with the name will become the corporate brand identity. The names and the logos of the Stellantis Group’s basic brands will remain unchanged. What actually happens to the brands is an entirely different matter. Continue reading

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The Confederate Flag, Conservative Politics and NASCAR

“The image of the Confederate flag is not something that should play an official role in our sport as we continue to reach out to new fans and make NASCAR more inclusive,” NASCAR spokesman David Higdon said in a prepared statement at the time. Continue reading

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Global Vehicle Sales Improve but COVID Wave 2 Lurks

This now looks like a long shot to AutoInformed with the US leading the way in spreading new infections and fatalities from the maskless and clueless Trump misadministration.  In the US, a repetition of the ‘cash for clunkers’ scheme could potentially lift sales, “but this has yet to be fully debated or agreed,” says LMC. Continue reading

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Ford Motor in Corktown and Newlab Working on – What Else – Vehicle Connectivity, Autonomy and Electrification

Two years ago, pre-Covid, but nevertheless financially challenged Ford bought 1.2 million square feet in Corktown, Detroit’s oldest neighborhood, including the historic Michigan Central Station, with plans to establish a new mobility innovation district dubbed Michigan Central. Mostly press releases have followed since then. Continue reading

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New FCA Italy Covid Credit Line €6.3 billion

FCA is Italy’s largest industrial group, directly employing 55,000 people at its 16 plants and 26 dedicated R&D sites. In addition, more than 200,000 further jobs in highly specialized Italian supplier businesses are linked to the successful continuity of the FCA’s operations. A further 120,000 jobs at 12,000 enterprises of all sizes in the distribution and services sectors also support the Italian automotive industry. Continue reading

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Noose Found Hanging in NASCAR Garage at Talladega

A noose was found hanging in Bubba’s garage where the #43 Petty Motorsports car with Black Lives Matter displayed over the rear wheels was serviced for the running of the crowd less Talladega Superspeedway race. This just a fortnight after NASCAR banned the traitor’s Confederate flag at all its events. Continue reading

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