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Category Archives: news analysis
April Global Sales – North America Up, Elsewhere Unsettled
Helped by President Biden’s economic stimulus in the face of Republican obstructionism, and states re-opening, the record setting rate of US Light Vehicle sales continued in April. Sales of 1.54 million units were the highest-ever volume for that month. Continue reading
Toyota FY2021- Net Profit Surges 10% on $20.6B in Revenue
In particular, sales of electrified vehicles of 2,155,000 units or 112.3% of the previous fiscal year presents a serious challenge to would be competitors who are late to a game that increasingly is the only game in town or will be given the trend of current regulations. Continue reading
GM Posts Formidable First-Quarter 2021 Results
During a call to media and investors GM said it confident in its full-year 2021 guidance outlined earlier this year as it works to manage through the semiconductor shortage, which is impacting all automakers globally. Based on information available today, the company expects to be at the higher-end of the EBIT-adjusted range of the forecast. Continue reading
April Sales Shower US Market More than 18 Million Times
This refreshing rejuvenation is partly the results of improved social, health and economic conditions under the successful Biden Administration that acted urgently to quell the largest public health crisis in US history that the previous Administration either ignored or promoted. Enjoy the flowers that are coming your way. Continue reading
Ford Rides Biden Administration’s Economic Recovery Surge and a Record April SAAR to a Good Sales Result
Ford’s gross inventory at the end of April remains favorable relative to competitors, according to Ford – a debatable assertion since it also signals a lack of flexibility and response in trimming what are non-performing assets. Continue reading
Posted in news analysis, sales
Tagged auto industry commentary, autoinformed, autoinformed.com, Ford April US Sales, Ken Zino
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Ford Exec Re-shuffle in Struggling India, South America, China
Both Watters and Armstrong are Ford corporate officers. Armstrong will report to Kumar Galhotra, president, Americas and International Markets Group, along with Dianne Craig, who became president of Ford’s International Markets Group in February. Continue reading
April US Auto Sales About to be Highest Ever. Blip or Trend?
Total new-vehicle sales for April 2021, including retail and non-retail transactions, are forecast to reach 1,479,800 units, a 107.1% increase from April 2020 and a 7.8% increase from April 2019 when adjusted for selling days. Reporting the same numbers without controlling for the number of selling days translates to a 107.1% increase from April 2020 and a 12.1% increase from April 2019. The seasonally adjusted annualized rate (SAAR) for total new-vehicle sales is expected to be 18.1 million units, up 9.4 million units from 2020 and up 1.7 million units from 2019. Continue reading
NHTSA Taking Steps to Allow States to Set Greenhouse Gas Emissions Standards and Zero-Emissions Vehicle Mandates
The proposed action would establish a clean slate, enabling the Department to further the Administration’s fuel economy, equity, and climate change priorities — which include reversing unnecessary and potentially unlawful efforts to prevent state action. It is a repudiation of the anti-environmental polices of the disgraced previous Administration that was voted out last November. Continue reading
Posted in news analysis
Tagged auto industry commentary, autoinformed, autoinformed.com, dot, Ken Zino, nhtsa, Pete Buttigieg
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Magna Wins Additional EV Component Business in China
Magna has won additional business to further support Chinese electric vehicle (EV) start-ups in the world’s largest and most CO2 producing vehicle market. Continue reading
Commerce Adds Seven Chinese Super-computing Entities to List Restricting Export or Transfer of Technologies Contrary to National Security or US Foreign Policy Interests
Today’s final rule adds Tianjin Phytium Information Technology, Shanghai High-Performance Integrated Circuit Design Center, Sunway Microelectronics, the National Supercomputing Center Jinan, the National Supercomputing Center Shenzhen, the National Supercomputing Center Wuxi, and the National Supercomputing Center Zhengzhou. These entities are involved with building supercomputers used by China’s military actors, its destabilizing military modernization efforts, and/or weapons of mass destruction (WMD) programs. Continue reading
California EV Rebate Demand Exceeds Funding
“Existing funding for both standard and increased rebates is projected to be fully reserved in the coming weeks,” CARB said. Clearly CARB is trying to preempt or shape a potential political debate about EV subsidies are yet another example of how the system is rigged for the rich – the wealthier they are, the more taxpayer subsidies – aka socialism for the rich – accrue. Continue reading
New Household Pulse Survey on COVID-19 Vaccinations Active
Unfortunately President Biden’s thus far excellent COVID-19 vaccination crusade hit a giant wall (not paid for by Mexico) when regulators recommended a “pause” in administering Johnson & Johnson vaccine. Biden, optimistically, noted that with a temporary loss of J&J ’s one-shot vaccine, there is enough of a supply of Pfizer and Moderna vaccines “for every single, solitary American.” But data show tens of millions of Americans are uncertain about getting shots that doctors and other experts say are compulsory for the nation to rid itself of the pandemic. Continue reading
Radioactive Pollution Dilution – the US Backs Japan Dumping Fukushima Nuclear Disaster Waste Water?
This, laughable promise in the eyes of many critics – including China, South Korea and US client state Taiwan – who decried Japan’s announcement today that it would conduct allegedly controlled releases of potentially cancer-causing ionized water into the ocean that are expected to last for three decades. The whole ongoing life-threatening Fukushima Nuclear Disaster was caused, of course, by Tokyo Electric Power Company’s utter inability to monitor, and safely operate the now infamous plant. This is not exactly a credible witness for the defense in our view. Continue reading
AARP, Toyota to Provide Rides for Vaccine Appointments
AARP also actively promulgated Republican denials about the seriousness of the Covid pandemic, going to the absurd point of giving Deborah Birx, the White House Coronavirus Response Coordinator under President Donald Trump from 2020 to 2021, a forum. Dr. Birx sat idly by at a White House briefing as Trump promoted the use of bleach taken by humans to fight Covid. Continue reading →