Wendy Byrd Kang takes delivery of a Honda Fit –AutoNation’s eighth millionth sale. The U.S. Army Specialist had returned from deployment in Afghanistan.
AutoNation – NYSE: AN – America’s largest automotive retailer has announced the resignation of William Berman as President and Chief Operating Officer for unknown reasons.
Berman, it’s claimed, will continue to serve as an employee in an advisory capacity through 30 June 2017.
Mike Jackson, AutoNation’s Chairman and Chief Executive Officer, assumes all operating responsibilities as AutoNation hunts for a new President and CEO. Continue reading
Reigning world champion Neel Jani (CH) and Porsche rookie André Lotterer (DE) took the pole position for the second round of the FIA World Endurance Championship, aka WEC, during the qualifying session today at Spa-Francorchamps in Belgium.
The 25-minute session was marred by an early red flag. Nonetheless a 919 Hybrid will start for the 16th time in total from P1 since its debut in 2014. Following three Toyotas on the grid, Porsche drivers Timo Bernhard (DE) and Brendon Hartley (NZ) qualified 5th for the six-hour race on Saturday. Qualifying, took place in cool, dry conditions. For the six-hour race on Saturday, raising temperatures and sunshine are forecast. Continue reading
Toyota Motor North America (TMNA) celebrated the 40th anniversary of its North American research and development operations as it opened an expanded TMNA R&D Purchasing and Prototype Development centers in York Township, Michigan. The $154 million investment moved direct procurement and supplier engineering development talent from Erlanger, Kentucky, and vehicle development and powertrain from California. Continue reading
Remember this photo during the Ford virtual annual meeting or it’s audio only.
Ford Motor Company [NYSE:F] will hold a virtual Annual Meeting of Shareholders beginning at 8:30 a.m. EDT on Thursday 11 May 2017. For the first time, the annual meeting is being conducted through an audio broadcast accessible from a computer, tablet or smart phone.
Executives – phantom sounds on the web – will thereby be insulated from personal contact with stockholders and not subject to photographs. Members of the news media will be able to access the meeting through a listen-only audio webcast. Continue reading
GM asserts – with no contradictory evidence – that the rating agencies’ views have not changed since their initial public statements, which were issued after Greenlight filed its public presentation.
GM has once gain voiced its full and vigorous condemnation of what appears to be a typical Wall Street investment firm raid by Greenlight to make money with potentially, perhaps certainly, ruinous consequences for the survival of the business and jobs.
“Greenlight’s candidates were nominated specifically to advance Greenlight’s dual-class stock plan, which GM’s Board views as high-risk and detrimental to the long-term best interests of GM and its shareholders, and do not have the depth or breadth of relevant experience, at the same level of complexity, that our directors bring. Their experience is already fully represented by the current GM Board members,” according to GM’s latest statement. (GM Reports 2017 Q1 Net Income of $2.6 Billion – up +33.5%) Continue reading
U.S. auto sales during April 2017 continued a four-month slump as AutoData says the seasonally adjusted annual rate, aka SAAR, was 16.88 million units compared to 17.40 million units a year ago. Overall, industry deliveries to auto dealers were down 8.3% from March 2017. Continue reading
Simon Pagenaud, driver of the #1Team Penske Chevrolet wins the IndyCar Phoenix Grand Prix at the Phoenix International Raceway in Avondale, Arizona. The series has been marred by accidents that halted the action on the first lap of three of the four races thus far in 2017. Pagenaud is defending champion.
IndyCar has thus far done nothing about the wrecks caused by overly aggressive moves at the start and the terrible yellow-light racing that results. There were only four lead changes at Phoenix and 32 caution laps, with 21 run under the yellow at the start of the race. Continue reading
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GM says it financial performance for Q1 2017 produced a net income of $2.6 billion. Earnings per share or (EPS-diluted) were $1.70, up +37%. GM set Q1 records for revenue, EBIT-adjusted and EBIT-adjusted margin. There were also Q1 records for GM North America with an EBIT-adjusted of $3.4 billion, +49%, and a margin of 11.7%, up 3 percentage points. GM Financial had net revenue of $2.9 billion, up +38.7%. Continue reading
The Federal Aviation Administration, aka FAA, and its partners are conducting detection research on unmanned aircraft systems (UAS) – popularly called drones – at Dallas/Fort Worth International (DFW) Airport. The fast-growing drone industry presents serious opportunities for terrorism.
The work is part of the FAA’s Pathfinder Program for UAS detection at airports. (Drones – FAA Releases Updated Sighting Reports) Continue reading
The California Air Resources Board, aka CARB, has a new guide designed to provide public health, air quality and urban planning policy-makers with options for reducing exposure to traffic pollution for people who live or work near busy roads. Strategies to Reduce Air Pollution Exposure Near High-Volume Roadways is a technical advisory about the potential health implications of living and working in existing or planned developments near hectic roads. Options are discussed that planners and others can put into place to protect public health in developments close to freeways and as so-called “infill” development, which is the opposite of urban sprawl, continues. Continue reading
Chevrolet claims that 3,492 Bolt EV owners in the United States have driven 4,570,300 miles in total as of 2 April 2017 since the small, crossover vehicle went on sale in December 2016.
These all-electric propelled miles by Chevy’s calculation have resulted in more than 175,000 gallons of fuel saved – based on the average EPA-estimated 26 mpg for 2017 vehicles in the U.S. Continue reading
Earnhardt Jr. winning the first of two Sprint Cup Can-Am Duel races at Daytona International Speedway – February 2016.
Dale Earnhardt Jr. will quit full-time driving following the 2017 NASCAR season. The 14-time Most Popular Driver has won 26 races in 603 starts during a career that began at age 24 in 1999. He won the Daytona 500 in 2004 and 2014 and took two NASCAR championships in 1998 and 1999.
Medical issues are possibly the reason for retirement. Earnhardt, 42, returned to racing this year after a concussion sidelined him from NASCAR’s top series for half of the 2016 season. Through his rehabilitation, Earnhardt became a vocal advocate for research of sports-related brain injuries. This likely means he will never have a job affiliated with the NFL. (See AutoInformed on NASCAR Expands Concussion Protocol to SCAT3) Continue reading
Ford says its Mustang has been the best-selling sports car in the United States during the last 50 years, and now the original pony car is the most popular sports car globally, according to its interpretation of IHS new vehicle registration data. During 2016 more than 150,000 Mustangs were sold, with global sales increasing 6% compared to 2015 with ~45,000 Mustangs sold outside the United States.(Freshened Ford Mustang Shown in Los Angeles) Continue reading
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Tagged 2018 Mustang, autoinformed, autoinformed.com, chevrolet camaro, dodge challenger, ford mustang, Ken Zino, Mazda MX-5, Mustang exports, pony cars
Four months after a small pilot program in Munich, a private car-sharing platform from Mercedes-Benz is slowly being expanding into in other major German cities. Now Croove is in Berlin with a program that continues to be open to vehicles of all makes, a decided departure from General Motor’s Lyft car sharing. (Lyft and GM Express Drive Expands to Colorado, California, Maven Debuts “Elevated” Car Sharing in Baltimore) Continue reading
A Toyota feasibility study will assess the potential use of fuel cells in heavy-duty applications starting with the Port of Los Angeles. Announced at a press conference with Port and employees from the California Air Resources Board (CARB) and the California Energy Commission (CEC), the zero-emission truck is billed as a proof of concept that will take part in an experiment about the potential of fuel cells in large trucks. Continue reading