Tag Archives: autoinformed

Education, Hospitals, Police – Comprise the Largest State and Local Government Employment Groups

Full-time state and local government payroll increased 3.4% to $79 billion, and part-time employees’ payroll totaled $6.8 billion. Continue reading

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Used Electric Vehicle Battery Reports Offered by Recurrent

“Recurrent is working on an important question we get all the time from our customers at iDrive,” said Dink Davis, Owner, iDrive1 Motorcars. “We’re one of the largest pre-owned Tesla dealerships in the country and are thrilled to offer Recurrent’s vehicle reports to our customers.” Continue reading

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JR East, Hitachi, Toyota to Develop Fuel Cell Railway Vehicles

The development of innovative rolling stock powered by hydrogen in theory will contribute to the development of a low-carbon society as it helps to curb global warming and diversify energy sources. Hydrogen ensures minimal environmental impact because it does not emit any carbon dioxide when used as an energy source. It can be produced from various raw materials using renewable energy. Continue reading

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New Mercedes-Benz Strategy Aimed to Help Higher Profits

This follows the Q2 Daimler disaster. The COVID pandemic or the Grim Reaper saw a decline in demand for cars, vans, trucks and buses. Group total sales decreased by -34% to 541,800 cars and commercial vehicles (Q2 2019: 821,700). Revenue slipped significantly by -29% to €30.2 billion (Q2 2019: €42.7 billion). EBIT was minus -€1,682 million (Q2 2019: minus -€1,558 million). Adjusted EBIT was -€708 million (Q2 2019: plus €2,447 million). Continue reading

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Toyota, Hino to Make Class-8 Fuel-Cell Electric Truck

Toyota Motor North America and Hino USA have agreed to jointly develop a Class-8 fuel-cell electric truck for the North American market. With the expanding interest in heavy-duty electric trucks prompted by government demands and the global warming crisis, it’s the latest foray into the well-funded and planet destroying fossel fuel wars by the latter day purveyorsand avatars of dinosaurs – Big Oil. Continue reading

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Ford Recalls Defective Rear-view Cameras on 620,246 Vehicles

Insufficient electrical conductivity within the printed circuit board (PCB) internal to the camera leads to intermittent rearview camera operation A rearview camera that intermittently displays a blank or distorted image does not comply can reduce the driver’s view of what is behind the vehicle, increasing the risk of a crash. Continue reading

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Porsche – First Virtual Annual Meeting Declares Risky €676 Million in Dividends. No Earnings Forecast Yet

The shareholders approved the proposed distribution of a dividend of €2.210 per preference share and €2.204 per ordinary share for the fiscal year 2019. The total distribution comes to around €676 million euro. It’s a risky move given the ongoing Covid pandemic that has infected global economies. Continue reading

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Ford Pickup Truck Sales Best Q3 in 15 Years. Cars Dead

Ford’s overall pickup sales of combined F-Series and Ranger totaled 249,997 pickups. This was Ford’s best Q3 pickup sales since 2005, with combined sales up 4.0% over a year ago. F-Series Q3 retail sales were up 10.1% over a year ago and are back above pre-corona virus sales levels. Total F-Series sales of 221,647 for the quarter were up 3.5%. Continue reading

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Covid Casualties – GM US Q3 Sales Drop Year over Year

GM tried to spin the weak Q3 as the Seasonally Adjusted Selling Rate – aka SAAR – was ~15.9 million vehicles for the quarter, up about 4 million units from the previous disastrous pandemic quarter. Mention was made of the pent-up demand effect that started at the end of Q1 continuing through Q2 as the economy was mimicking the Great Depression because of the Covid shutdown. Continue reading

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GM Adding $71 Million at Two Ohio Parts Plants

These investments in what is increasingly the no growth auot business norm will enable GM to retain 240 U.S. manufacturing jobs. The Toledo investment will be used to upgrade and enhance the production of GM’s eight-speed rear-wheel-drive transmission – important for its pickup truck sales. The Defiance investment will be used to prepare the facility for future engine casting components work. Continue reading

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FCA Fined $9.5 Million for Diesel Emissions Abuses

FCA’s statements did not sufficiently disclose the limited scope of its internal audit, which focused only on finding a specific type of defeat device, or that the audit was not a comprehensive review of FCA’s compliance with U.S. emissions regulations. Continue reading

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Michigan Joins the Swelling Carbon Neutrality Movement

“The science is clear – climate change is directly impacting our public health, environment, our economy, and our families,” said Governor Whitmer. “This dangerous reality is already causing harm throughout Michigan, with communities of color and low-income Michiganders suffering disproportionately, which is why I’m taking immediate action to protect our state. We owe it to our children and grandchildren to leave them a cleaner, safer and healthier world.” Continue reading

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Toyota Classic Car Festival On With Limited Attendance

Public access to the museum will be limited to Nagakute residents and the museum’s annual pass holders. Toyota will also conduct temperature checks for all staff members and visitors, and everyone will be required to wear face masks and observe social distancing at the venue. A special exhibition and socializing will also take place at the venue. Continue reading

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Governors Cuomo, Whitmer Call for Investigation Into Trump Administration’s Politicization of Pandemic Response 

“It is an inarguable fact that the United States has had the worst response to the COVID-19 virus of any nation in the world. Nearly 7 million Americans have tested positive for the virus, and more than 200,000 Americans have been killed by it — both more than any other country. The unprecedented and unacceptable scale of this tragedy is the direct result of President Trump and the federal government’s deceit, political self-dealing, and incompetence, they said. This in effect echoes the “we hold these truths to be self-evident” language of  Thomas Jefferson who despised despots who ruled for their own personal gains. Continue reading

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SEC Settles Charges Against Clean Water Project Founder

The complaint alleges that only $650,000 of the $7.2 million raised made it to the project’s bank account. According to the complaint, Sembritzky spent the rest of the money on such personal items as a $2 million condominium for his then-wife, luxury cars, jewelry, and credit card debt. Continue reading

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