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Category Archives: marketing
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
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
Posted in economy, marketing, news analysis
Tagged alg, auto industry commentary, autoinformed, autoinformed.com, j.d power, Ken Zino, leasing
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GM Offers Three New 350 Service Engines
“Building on the history and versatility of the original 350 first available in Chevrolet models such as the Camaro and Corvette, this engine continues to deliver.” Continue reading
A New Leaf – Nissan Takes Electricity to Pay for Parking
The Nissan Pavilion opens to the public tomorrow. Nissan says the payment system is “just one of the many innovations customers can experience at the Pavilion, built to show how Nissan moves people to a better world.” Continue reading
Don’t Hold Your Breath Waiting for the New Hummer EV
Engineering targets include 1000 horsepower and 11,500 lb. ft. of torque. This should mean a zero-to-60 mph acceleration elapsed time of, oh, ~3 seconds. Continue reading
Ford Bronco Sequel Appears with First-Ever Four-Door
Prospective Bronco owners can choose from an extensive lineup of more than 200 factory-backed accessories for personalization, enabling dealers to provide “outfitting-on-demand” for individual needs – just like MOPAR does for Jeep. Just bring money not bitcoins: MSRP for the base two-door Bronco is $29,995, including $1,495 destination and delivery. “More detailed information, including vehicle specs, accessories and full pricing and options, will be provided closer to launch.” Continue reading
Posted in environment, marketing, new vehicle
Tagged 2021 Bronco, 4x4 off-roading, auto industry commentary, autoinformed, autoinformed.com, Ken Zino
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Audi R8 V10 Quattro – Kaput, Tschüss
The R8 V10 performance model will continue for the 2021 model year, but given the ongoing global economic crisis, Covid 19 plague, and that most governments increasingly are taking legislative action against global warming and CO2 output – it clearly is on the endangered species list. It could survive only as a model for e-racing simulations. Continue reading
Posted in marketing, performance
Tagged Audi R8 V10 Quattro, auto industry commentary, autoinformed, autoinformed.com, Ken Zino
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Toyota Plating Machine Significantly Reduces CO2
This new stamping-type plating machine eliminates the need of a dipping process where parts to be plated are completely immersed in multiple baths of plating solution, which is required in the most common plating processes at present. As a result, waste solution can be dramatically reduced to about one-thirtieth and CO2 emissions to about one-third, which contributes to a significant reduction in environmental impact. The technology also reduces plating time and the process footprint. Continue reading
Covid Coupon – Carryover Pricing on 2021 Corvette
The 2021 Chevrolet Corvette Stingray has carryover pricing – the same as the introductory model – with MSRP starting at $59,995 for the coupe and $67,495 for the convertible. Continue reading
Posted in marketing, performance, prices
Tagged auto industry commentary, autoinformed, autoinformed.com, corvette stingray, Ken Zino
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Uber to Acquire Postmates, Cornershop Closing in Days
Postmates has been an early pioneer of “delivery-as-a-service,” which complements Uber’s growing survival efforts in the delivery of groceries, essentials, and other goods. Continue reading
Posted in labor issues, marketing, people
Tagged auto industry commentary, autoinformed, autoinformed.com, Cornershop, Ken Zino, Postmates, Uber Eats.
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BMW Motorrad Expands Rent-A-Ride
At www.rentaride.com customers can reserve a virtually new BMW motorcycle and, if necessary, rider equipment with just a few clicks, to go on a ride with friends or to take a bike out for a thorough test ride. Continue reading
New Fiat 500 Debuts at the Quirinale and Palazzo Chigi
The New 500 BEV was created, designed and engineered in Turin. “Just another shining example of the creativity and innovation of which the company and the city – where Fiat was founded over 120 years ago – are proud,” FCA said.
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Q2 US Sales Snippets and Notes
“While the industry experienced significant declines due to the outbreak of COVID-19, full-size pickup truck sales performed exceptionally well, and overall sales showed signs of recovery, especially deliveries to retail customers,” GM claimed. Continue reading
Posted in economy, marketing, results
Tagged auto industry commentary, autoinformed.com, Ken Zino, Q2 US Sales
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US June Retail Sales Down -6% from Pre-Virus Forecast
The sales came at a high price, though, Record levels of manufacturer incentives for the month of June are supporting the recovery. Incentive spending should reach $4,411 in June, the highest ever for the month and an increase of $445 from June 2019. Incentives on cars are expected to be up $459 to $4,031, with trucks/SUVs up $407 to $4,524. Continue reading
Posted in marketing, results, sales
Tagged auto industry commentary, autoinformed.com, j.d power, Ken Zino, Thomas King, US June vehicle forecast
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RumbleOn Posts Q2 Profit of $8.5m, 10.0% of Revenue
“The COVID-19 pandemic has brought headwinds and tailwinds to this industry,” said Marshall Chesrown, Chief Executive Officer. “Thus far in the third quarter we are experiencing the highest online activity, strongest demand and highest valuations we have seen in our history.” Continue reading →