Category Archives: marketing

GM Delivers 2.6 Million Vehicles in US During 2023

Posted on 3 January 2024 by Ken Zino

General Motors (NYSE: GM) said today that it along with GM dealers delivered 2.6 million vehicles in the US during calendar year 2023. This was an increase of 14% year-over-year reflecting the ongoing Biden Administration economic recovery, in AutoInformed’s view. Continue reading →

Posted in auto news, economy, manufacturing, marketing, news analysis, results, sales | Tagged , , , , , , | Leave a comment

Toyota North America December 2023 Sales Up 7%

Posted on 3 January 2024 by Ken Zino

Toyota Motor North America (NYSE:TM) today reported year-end 2023 total US  sales of 2,248,477 Toyota and Lexus brand vehicles, an increase of 6.6% on a volume basis or 7% on a daily selling rate (DSR) basis when compared to 2022. … Continue reading →

Posted in auto news, economy, marketing, news analysis, results, sales | Tagged , , , , , , , , , , | Leave a comment

Ford F-Series Truck Best Seller Again

Posted on 28 December 2023 by Ken Zino

Ford Motor Company said today that during calendar year 2023 more than 700,000 customers chose a new F-Series truck, making it the best-selling truck in the United States for the 47th consecutive year. (AutoInformed: Ford Claims F-Series Retains Title of Best-Selling Truck in 2022) Continue reading →

Posted in customer satisfaction, marketing, news analysis | Tagged , , , , , , | Leave a comment

Bidenomics – People Spend Record $578B on New Vehicles

Posted on 21 December 2023 by Ken Zino

“December results cap off the year with a strong performance, illustrated by double-digit year-over-year sales growth and the second-highest consumer expenditure on new vehicles ever recorded for the month. Total sales of just under 15.5 million for 2023, represent a significant increase of 12.8% from 2022, when just 13.7 million vehicles were sold. What’s even more noteworthy is that consumer expenditure on new vehicles in 2023 set a record of $578 billion. This is the third consecutive year in which U.S. consumers spent more than half a trillion dollars buying new vehicles,” said Thomas King, president of the data and analytics division at J.D. Power. Continue reading →

Posted in auto news, economy, marketing, news analysis, people, results, sales | Tagged , , , , , , , , , | Leave a comment

November 2023 EU Car Market Grows on Mixed Results

Posted on 20 December 2023 by Ken Zino

In November 2023, the EU’ car market grew by 6.7%, according to data just released by ACEA.* This was the sixteenth consecutive month of expansion. There were substantial double-digit gains in some markets, including two of the largest: Italy (+16.2%) and France (+14%).

However, the German car market retracted, recording a -5.7% decline compared to November 2022, which provided a small base line for comparison across the EU. Overall new car registrations were  +6.7% in November; with a battery electric market share at 16.3%. Eleven months into 2023, new car registrations increased by 15.7%, reaching nearly ten million units. With the exception of Hungary, all EU markets grew during this eleven-month period. The four largest markets contributed to this trend: Italy (+20%), Spain (+17.3%), France (+16.2%), and Germany (+11.4%). Continue reading →

Posted in auto news, blog, economy, manufacturing, marketing, news, news analysis, results, sales | Tagged , , , , , , , | Leave a comment

Audi, Porsche, Scout Motors and VW EVs to offer NACS in 2025

Posted on 19 December 2023 by Ken Zino

“This is great news for our electric vehicle customers in the North American Region,” said Pablo Di Si, President and CEO, Volkswagen Group of America. “This potentially provides them with access to more than 15,000 additional charging points as well as the current near-4,000 DC fast charging outlets operated by Electrify America.” Continue reading →

Posted in auto news, connected vehicles, customer satisfaction, electric vehicles, global warming, marketing, milestones, mobility company, news analysis, shows and events | Tagged , , , , , , , , , , , , , , | Leave a comment

Forecast is Finally Normal for 2024 US Auto Market

Posted on 19 December 2023 by Ken Zino

“Our research suggests that Americans are putting more emphasis on buying/owning personal transportation, in contrast to 2018 and 2019, when consumers put a higher value on “access to transportation,” said Jonathan Smoke Cox Automotive Chief Economist. “And after tumbling in 2021 and 2022, satisfaction with the car buying process is expected to improve in the year ahead, thanks in part to better inventory and the return of discounting, but also from improved processes at the dealership that save time and make car buying more efficient.” Continue reading →

Posted in auto news, customer satisfaction, economy, electric vehicles, marketing, news analysis, sales, transportation | Tagged , , , , , , | Leave a comment

Annals of Marketing – Nissan Ariya EV Arrives at South Pole

Posted on 18 December 2023 by Ken Zino

The Ariya EV was basically factory-standard with no modifications to the powertrain or battery. However, it was modified by polar mobility specialist Arctic Trucks to adapt 39-inch BF Goodrich tires. Continue reading →

Posted in auto news, marketing, mobility company, people, shows and events | Tagged , , , , , , , , , | Leave a comment

Preorders Open for Acura 2024 ZDX Performance EV

Posted on 18 December 2023 by Ken Zino

The 2024 ZDX A-Spec is forecast to start in the $60,000 range with a single-motor (rear-wheel-drive) powertrain. A more powerful dual-motor (all-wheel-drive) configuration is also available. ZDX Type S has a performance tuned dual-motor AWD powertrain producing ~ 500 horsepower and is expected to start in the $70,000 range. Continue reading →

Posted in connected vehicles, electric vehicles, electronics, environment, global warming, marketing, mobility company, new vehicle | Tagged , , , , , , , , | Leave a comment

November Global Light Vehicle Sales at 94,000,000 Annually

Posted on 14 December 2023 by Ken Zino

“US sales were helped by agreements being settled between the Detroit 3 OEMs and the UAW, ending the strikes, along with increased incentives during Thanksgiving and Black Friday. China’s market in November also benefited from heavy incentives and discounts by OEMs and dealerships. Meanwhile, European regions continued their recovery. With supply constraints fading, adverse macroeconomic headwinds are a concern heading into 2024,” according to the GlobalData Light Vehicle Sales Forecasting Team. Continue reading →

Posted in economy, manufacturing, marketing, results, sales | Tagged , , , , , , | Leave a comment

Cadillac VISTIQ Three Row SUV to Join EV Lineup

Posted on 14 December 2023 by Ken Zino

“VISTIQ adds another compelling EV to the Cadillac lineup, reinforcing our commitment to an electric future,” said John Roth, vice president of Global Cadillac. “Our brand now has an EV entry in most luxury segments, offering customers a range of choices, and Cadillac EVs will cover most luxury SUV segments across critical global markets in the next two years.” Continue reading →

Posted in connected vehicles, electric vehicles, electronics, global warming, marketing, mobility company, new vehicle, news analysis | Tagged , , , , , , , , , | Leave a comment

First Look – 2024 Lexus GX Luxury SUV

Posted on 13 December 2023 by Ken Zino

The 2024 GX is offered in six grades: Premium, Premium+, Luxury, Luxury+, and in a first for Lexus, Overtrail and Overtrail+. A 3.4-liter twin-turbo V6 produces 349 horsepower and 479 lb.-ft. of torque with a 10-speed Direct Shift Automatic Transmission. This results in an slightly improved EPA-estimated highway fuel economy rating of 21 MPG. Towing capacity has increased to 8000 lbs. for Premium, Premium+ and Overtrail grades with the standard tow hitch. A hybrid powertrain will be introduced in the US. at a later date. Continue reading →

Posted in marketing, new vehicle, shows and events | Tagged , , , , , , , , | Leave a comment

Penske Automotive Group Buys 15 UK Dealerships

Posted on 11 December 2023 by Ken Zino

Penske Automotive Group, Inc. (NYSE: PAG)* today announced that it has agreed to acquire Rybrook Group Limited consisting of 15 premium dealerships in the United Kingdom, including four BMW dealerships, four MINI dealerships, four Volvo dealerships, two Land Rover dealerships and one Porsche dealership. Three of the BMW locations also retail BMW Motorrad motorcycles. The dealerships to be acquired represent estimated annualized revenues of $1 billion. Continue reading →

Posted in environment, marketing, milestones, mobility company, news analysis, people, transportation | Tagged , , , , , , , | Leave a comment

Annals of Marketing – Ducati Diavel for Bentley Mulliner

Posted on 11 December 2023 by Ken Zino

auto industry commentary, autoinformed.com, Ken Zino, automotive news and analysis, automotive blog, Ducati Diavel for Bentley Mulliner, Centro Stile Ducati, Bentley Mulliner motorbikes, Continue reading →

Posted in electric vehicles, marketing, motorcycles, shows and events | Tagged , , , , , , , | Leave a comment

New Ford Mustang GT3 Racing Documentary Starts Next Week

Posted on 8 December 2023 by Ken Zino

Ford Motor (NYSE: F) said today that starting next week, people can follow the development of the Ford Mustang GT3 leading up to its inaugural season at the world’s toughest endurance races in a documentary series. (Full episode 1 Click … Continue reading →

Posted in auto news, marketing, milestones, performance, racing | Tagged , , , , , , , , , , , | Leave a comment