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Category Archives: news analysis
Groupe Renault Changes Execs – outsider Luca de Meo as CEO, Clotilde Delbos Deputy CEO
De Meo becomes the second executive to lead Renault (RNLSY) since Ghosn was arrested in Japan in 2018 and subsequently charged with financial fraud. Ghosn’s successor at Renault, Thierry Bollore, left last fall, in part it seems because he was a Ghosn protégé and after the collapse of a proposed merger with Fiat Chrysler in June that Nissan nixed. Continue reading
Nissan Blasts Ghosn as Unfit to Serve as An Executive
“The internal investigation found incontrovertible evidence of various acts of misconduct by Ghosn, including misstatement of his compensation and misappropriation of the company’s assets for his personal benefit,” Nissan said. Continue reading
Nissan Scandal – a Gift That Keeps on Giving – Executive Officer and Vice COO Jun Seki Unexpectedly Resigns
The Nissan Corporate governance crisis is ongoing and comes as Nissan has started its new management under Representative Executive Officer, president and CEO Makoto Uchida as of December 1, 2019. Seki was to be a key executive in administering the turn-around that seeks to halt slumping sales, confusing brand images and expensive incentive programs. Continue reading
Posted in fools 'n frauds, litigation, news analysis, people
Tagged auto industry commentary, autoinformed.com, Ghosn Matter, Jun Seki, Kenneth Zino, nissan
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SEMA Lawsuit – NHTSA Issues Draft Replica Car Rule
The FAST Act set a deadline of December 4, 2016, for the U.S. Department of Transportation’s National Highway Traffic Safety Administration (NHTSA) to issue any necessary regulations to implement the law. The agency sat on the legally required need for regulations in defiance of Congress. Sound familiar? Continue reading
Auto Industry Sets Record for Transaction Prices, Incentive Spending in December 2019. However, US Sales Falling?
The combination of record prices with overall sales means that consumers will spend $462 billion on new vehicles in 2019. This is up $8.4 billion from last year and marks the first time that expenditures will exceed $460 billion. Continue reading
Posted in economy, news analysis, sales
Tagged 2019 US Auto Sales, auto industry commentary, autoinformed.com, j.d power, Kenneth Zino
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Mobility Roll of the Die – FCA and PSA Merger
AutoInformed readers likely realized that such mergers are difficult and the road looking backward is littered with abandoned or failed promises of synergies from such ventures. (see AutoInformed : FCA + PSA = Massive Job Losses,and FCA-PSA Merger – Surviving Platforms and Powertrains) Continue reading
Fasten Your Seat Belt – General Motors Files RICO Lawsuit Against Fiat Chrysler Automobiles
In GM’s view FCA was the sponsor of “pervasive wrongdoing, paying millions of dollars in bribes to obtain benefits, concessions, and advantages in the negotiation, implementation, and administration of labor agreements over time.” Continue reading
Continental, 3M to Develop Intelligent Infrastructure Technology
By Continental’s admission, and an awareness of the enormity of the task that is becoming more collective admitted among previously unbridled automaker promoters, “current infrastructure is lacking some aspects of consistency, uniformity, performance specifications, and maintenance standards that are important for the industry to optimize the perception and localization capabilities of automated vehicles…
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Capital Punishment Day for Auto Workers at Daimler
Personnel costs will drop by the end of 2022 as Mercedes-Benz Cars plans to save more than €1 billion in personnel costs. Jobs will be cut in both management and “indirect areas.” Continue reading
FCA-PSA Merger – Surviving Platforms and Powertrains
The new consolidated company can be broken down into three basic engine categories: North America, Gasoline and Diesel. Continue reading
FCA + PSA = Massive Job Losses
For enthusiasts as well a workers there are other threats. How about a spin-off FCA’s expensive low-return Alfa Romeo/Maserati operations? Simple math here: It would provide funds for the new FCA-PSA group while improving its utilization rate. Continue reading
Akio Toyoda Wants Mobility Centered on People
Wacky marketing babble alert: “Through the evolution of artificial intelligence, I think that cars, too, can also become able to communicate with people and their hearts. that’s right… I think cars of the future will be like horses. Continue reading
Posted in alternative fuels, concept, design and styling, electric vehicles, energy, environment, global warming, milestones, mobility company, news analysis, people, shows and events, transportation
Tagged akio toyoda, auto industry commentary, autoinformed.com, automotive blog, e-Palette, Ken Zino writing as AutoCrat, Kenneth Zino, tokyo motor show
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US Medical Uninsured Rate and Number Up from 2017
Healthcare of course is one of the key issues in the ongoing UAW GM strike. Continue reading
Q3 Ford Motor US Sales Continue Slump
Ford, as always, tried a positive spin claiming it was a transition year of its phasing out of cars – Focus, C-Max, Taurus – with a changeovers ongoing in the all new Explorer and Escape, which are undergoing complex launches that in our view are showing mixed results. The freshened Escape went on sale last week. The new platform Explorer launch is going slowly with hopes that sales will expand in Q4. How Ford ran out of inventory of Explorers is puzzling, However given the history we bet quality issues loomed large. But pay no attention to that man behind the curtain… Continue reading
Posted in news analysis, sales
Tagged auto industry commentary, autoinformed.com, Ford US sales, Kenneth Zino
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Global Light Vehicle Sales Slump. The Party’s Over?
LMC posits we must look at why the market has dropped 5 million units below the 2017 record. A recent blog entry entitled 2019 Review highlights some of the challenges faced by the auto industry. Chief among them are developments in China, with a protracted hangover from the temporary tax cuts of a few years ago, disruption coming from the launch of State VI-compliant vehicles (which varies region by region), along with a slowing economy. Continue reading →