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- Toyota to Export U.S. Made Vehicles to Japan
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- Pre-Owned Vehicle Marketing – Stellantis, Cox Automotive
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- Magna on its Share Repurchase Plan in reference to on Magna Posts Solid Q3 2025 Earnings Gain
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- Gen 3 2026 Nissan Leaf Less than $30,000? | AutoInformed on Milestones – Nissan Begins Assembly of 2013 LEAF EV in Tennessee
- ACSI – Customer Satisfaction with Autos Dropping | AutoInformed on New DOGE Scorecard Announced to Track Trump
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Category Archives: news analysis
Noose Found Hanging in NASCAR Garage at Talladega
A noose was found hanging in Bubba’s garage where the #43 Petty Motorsports car with Black Lives Matter displayed over the rear wheels was serviced for the running of the crowd less Talladega Superspeedway race. This just a fortnight after NASCAR banned the traitor’s Confederate flag at all its events. Continue reading
Pennsylvania Sues Carlisle to Stop Swap Meet
Carlisle Events appears to be in a tenuous legal position since it asked for a waiver on June 9, 2020, according to the suit. Then never filed a response to inquiries about how guidelines would be followed. Continue reading
Posted in economy, environment, litigation, news analysis, people, safety
Tagged auto industry commentary, autoinformed.com, Carlisle Swap Meet, COVID-19, Ken Zino
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NASCAR Finally Bans Confederate Traitors’ Flag at All Races, Venues and Properties
I know that if you ask NASCAR about what it has actively done to integrate the sport and its businesses over the decades – once you get past the self-interested ticket sales of its minority policies – and the deeds are sparse. Continue reading
Penske Automotive – May Business Improving
“Since the COVID-19 pandemic began impacting operations in the second half of March, we took actions to reduce costs and preserve our liquidity position. Based on these actions, I expect further improvements to our operating results in June and into the second half of the year as the economy continues to recover,” said Penske Automotive Group CEO Roger Penske. Continue reading
Posted in economy, news analysis
Tagged auto industry commentary, autoinformed.com, COVID-19, Ken Zino, penske automotive group
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US International Trade Deficit Soars in April to $50 Billion
The US international trade deficit in goods and services increased to $49.4 billion in April from $42.3 billion in, as exports and imports saw their largest monthly declines in history. It is the latest indicator that economy is struggling during the COVID-19 crisis according to Commerce Department data. The bad news increases if you consider the unemployment crisis. Continue reading
Honda Sets Records for Auto Production in China
The Trump Administration denied there was problem. In fact, President said that Covid would go away by April. And even now is falsely maintaining that its response could not have been better as unemployment is approaching Great Depression levels and more than 100,000 people have died… Continue reading
Nissan Posts -¥671.2 Billion Loss for Fiscal Year 2019
During fiscal year 2019, consolidated net revenue declined to ¥9.8789 trillion yen, resulting in an operating loss of ¥40.5 billion yen and a net loss1 of -¥ 671.2 billion. This includes costs associated with restructuring and impairments of ¥603.0 billion as Nissan tried to improve operational and efficiency improvements. Free cash flow for the automotive business was, gulp, negative -¥641.0 billion. Continue reading
Draining the Swamp – California, 22 States Sue to Stop Trump Emissions Rollback Citing Economic, Health and Climate Goals
The California Air Resources Board helped develop the original 2012 rules and is represented in this case by the California Attorney General. Trump is among global warming deniers, a position – as usual – that has no basis in fact but is funded by lobbying groups for those who benefit from exploiting fossil fuels. Continue reading
Renault, Nissan Motor, Mitsubishi Slice, Dice World by Brand
The member companies plan to build on existing Alliance “benefits” in areas such as joint purchasing by using their respective positions and geographic strengths to support their partners’ business development. The three companies of the Alliance will cover all vehicle segments and technologies globally, while increasing their respective competitiveness. By implementing the plan, Nissan aims to achieve a 5% operating profit margin and a sustainable global market share of 6% by the end of fiscal year 2023, including proportionate contributions from its 50% equity joint venture in China. Continue reading
Graveyard Whistling? UK Auto Calls to Re-Open Showrooms
The move at first glance appears to a bad one given the scope of the COVID-19 crisis in the UK and the ineptness of the response from 10 Downing street. Coronavirus Cases are currently listed at 254,195, with 36,393 Deaths. These numbers are most assuredly understated given the complications and perhaps political interference in the reporting system – a global problem Continue reading
US COVID-19 Crisis = Struggles with Healthcare, Housing, Food
The results might be skewed positive to current Republican Wishful thinking, rather than stark reality since the Trump Administration perverted the Bureau as part of a failed ploy on Republican Repression of Voters by dictating unprecedented questions on the Census designed to discourage less affluent people from participating. Continue reading
More than 20 Million Jobs Lost in April as ~15% Unemployed
Employment fell sharply in all major industry sectors. There were particularly heavy job losses in leisure and hospitality where the spread was initially ignored as Washington slept – until people, now former customers stopped traveling or died. This was out of self-preservation as the corpses mounted in non-living color on the news and in statistical counts. It was also the result of some Democratically-controlled states where shelter in place was imposed out of concern for the health of residents and not for the health of the increasingly infected Trump reelection campaign. Continue reading
COVID! GM Q1 Earnings Drop -89% to $0.17 a Share
It’s going to be a long year of going backwards into the Great Depression v2.0 Continue reading
COVID Effects: BMW AG FY Earnings Guidance – Zero
The updated guidance does not, in particular, include, a longer and deeper recession in major markets, a more severe economic slow-down in China as a result of recessions in other parts of the world, significant market distortions due to an even stronger competitive environment and possible implications caused by a second wave of infections and associated containment measures. Continue reading
BMW and Mercedes-Benz Stop Automated Driving JV
In what appears to be the automotive equivalent of marriage counseling or an analysis of the financial aspects of a pre-nup, the companies said: Following extensive review, the two companies have arrived at a mutual and amicable agreement to concentrate on their existing development paths – which may also include working with current or new partners. Continue reading →