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- UK New Car Registrations at 2M during 2025
- Ford Motor 2025 U.S. Sales Posted at 2.2 Million
- GM at Top of U.S. Auto Sales in 2025
- Audi Recalls Seat Belts for Child Seat Retention Failures
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Author Archives: Ken Zino
COVID-19 – Ford Suspends European Production
While it is hoped this action will only be required for a short period, the exact duration depends on a number of factors. Continue reading
COVID-19: UAW, GM, Ford, FCA to Improve Protection for Manufacturing and Warehouse Workers
In a joint statement, GM, Ford and FCA said, “This is a fluid and unprecedented situation, and the task force will move quickly to build on the wide-ranging preventive measures we have put in place. We are all coming together to help keep our workforces safe and healthy.” Continue reading
Ferrari Stops Production in Maranello and Modena
Ferrari says it is now experiencing the first serious supply chain issues, which no longer allow for continued production. Continue reading
Posted in economy, environment, manufacturing, people
Tagged auto industry commentary, autoinformed.com, COVID-19, ferrari, Kenneth Zino, Scuderia Ferrari
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Hyundai Revives Job Loss Protection. Genesis Joins
Originally started in January 2009 as a result of the financial crisis, the Hyundai Assurance Job Loss Protection program was the first of its kind for an automaker in the U.S. Continue reading
Posted in economy, marketing
Tagged auto industry commentary, autoinformed.com, COVID-19, Genesis, hyundai, Job Loss Protection, Kenneth Zino
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COVID-19 – Large Holes in US Social Safety Net on Paid Sick Leave as Social Distancing is Mandated by President Trump
The U.S. and South Korea are the only two countries in the Organization for Economic Cooperation and Development where paid sick leave is not guaranteed, according to a 2018 report from UCLA’s World Policy Analysis Center. Continue reading
Chinese Junk Watch: Exploding Yamaha Wireless Guitar Amp
“The lithium-ion battery can overheat, and the battery cover can separate with force, posing fire and injury hazards.” (This appears to be an explosion – editor) Continue reading
SEC Sets Guidelines for Virtual Annual Shareholder Meetings
Affected parties can announce in filings made with the SEC the changes in the meeting date or location or the use of “virtual” meetings without incurring the cost of additional physical mailing of proxy materials. Continue reading
Trump Declares COVID-19 National Emergency
This means that he is correcting or allowing to come about what were his previous misstatements this week. Continue reading
Porsche Proposes 41% Dividend Rise at May Annual Meeting
The increase in Porsche SE’s proposed dividend is disproportionately higher than the increase in result. This growth come from the dividend proposal of Volkswagen AG, which increased the payout rate to 24.5%, after 20.4% in the prior year. Continue reading
Posted in economy, financial results
Tagged auto industry commentary, autoinformed.com, COVID-19, Kenneth Zino, Porsche SE dividend
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Daimler Postpones Annual Shareholders’ Meeting
Daimler said in a statement just issued that the worldwide spread of the coronavirus ( aka COVID-19 or SARS-CoV-2) as well as The Robert Koch Institute and the responsible health authorities in Germany are assuming that the number of infections will increase significantly in the coming weeks. Continue reading
NASCAR Ends Denial of COVID-19 Pandemic
NASCAR has finally decided to postpone the race events at Atlanta Motor Speedway this weekend and Homestead-Miami Speedway next weekend. Continue reading
COVID-19: Globally – Ford Motor Employees to Work Remotely
“In recent days, though, we concluded the issue has taken on a different dimension,” said Ford, “ and (we )are continuing to act in real time to keep our people safe and help limit the spread of the virus in communities where we live and work… Continue reading
Volkswagen Condemns USWNT Exploitation of Women
USSF President Carlos Cordeiro’s weak and mild expression of regret on Wednesday night came after The Coca-Cola Co. lambasted the federation for supporting lesser pay for its female stars. Coca-Cola called the federation’s assertion in documents filed earlier this week “unacceptable and offensive.” Continue reading
National Debt Projections – Off the Chart Before COVID-19
Debt held by the public is a measure that indicates the extent to which federal borrowing affects the availability of private funds for other borrowers. All else being equal, an increase in government borrowing reduces the amount of money available to other borrowers, putting upward pressure on interest rates and reducing private investment. It is the measure of debt most often used by CBO in its reports on the budget. The cost of growing debt increases the finance payments of new and used vehicles. Continue reading
Posted in economy, financial results, results
Tagged auto industry commentary, autoinformed.com, cbo, Kenneth Zino, Tax Cut Deficit, US National Debt
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COVID-19- Daimler Stops Most Production in Europe
Given the ongoing spread of COVID-19, the economic effects on Daimler cannot be adequately determined or reliably quantified at this time. Continue reading →