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Category Archives: news analysis
Renault Board Confirms Expenses Improperly Used by Ghosn
Several expenses incurred by RNBV for a total of ~€11 million include questionable air travel expenses for Mr. Ghosn; other expenses incurred for Mr. Ghosn; and gifts to non-profit organizations. Continue reading
Posted in litigation, news analysis, people
Tagged auto industry commentary, autoinformed.com, automotive blog, carlos ghosn, Ken Zino, Renault Nissan alliance, RNBV
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Renault’s Board of Directors Continue FCA Merger Study
The proposed combination would create a global automaker, pre-eminent in terms of revenue, volumes, profitability and technology, benefiting the companies’ respective shareholders and stakeholders, according to FCA. Continue reading
Groupe Renault Board Meeting Now on FCA Merger Bid
Based on FCA and Groupe Renault’s 2018 global sales, the combined company would be #4 in North America, #2 in EMEA and #1 in Latin America and would have the increased resources necessary to grow its footprint in the APAC region. On a simple aggregated basis of 2018 results, the combined company’s annual revenues would be nearly €170 billion with operating profit of more than €10 billion and net profit of more than €8 billion. Continue reading
Posted in milestones, news analysis
Tagged auto industry commentary, autoinformed.com, automotive blog, fca, Groupe Renault, Ken Zino
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Department of Self Interest: American Millennials Love Sedans
According to a survey, respondents who don’t currently own a sedan,would consider buying one (78%), and younger respondents reported an even higher like for the body style. Nissan recently unveiled its latest sedan, the all-new Versa, which is new inside and with technology not generally seen in the sub-compact class. It’s a large investment in what is a fading segment. Continue reading
Posted in marketing, new vehicle, news analysis
Tagged altima, auto industry commentary, autoinformed.com, automotive blog, Ken Zino, Murano, Nissan North America, versa
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Renault, Klépierre Join on Shopping Center Mobility Services
Groupe Renault and Klépierre are also developing multi-use charging hubs for electric vehicles, dubbed “Charging Houses or Maisons de charge.” These stations will be installed by Groupe Renault in the car parks of shopping centers located in high population areas and will be used primarily by visitors during the day and residents at night and on weekends. Continue reading
Unifor Saves Some Canadian Jobs as GM Blinks on Oshawa
This fight has international ramifications stretching beyond next year when the Canadian autoworkers and the UAW contracts expire at the Detroit Three. While not official, this makes the beginning of bargaining table battles that will cast a large shadow on the upcoming U.S. presidential election. Continue reading
Hispanics and Millennials – Big Changes in 2020 Electorate
Non-whites will account for a third of eligible voters – their largest share ever – driven by long-term increases among certain groups, especially Hispanics. At the same time, one-in-ten eligible voters will be members of Generation Z, the Americans who will be between the ages 18 and 23 next year. That will occur as Millennials and all other older generations account for a smaller share of eligible voters than they did in 2016. Continue reading
Ford Motor Q1 Results Improve Somewhat
Overall Ford continues to struggle finding a balance between global operations, product mix, manufacturing efficiency, shareholder returns and changing into an automobility company that can compete with old industry giants and emerging new ones such as Lyft, Google and Uber. Continue reading
US Economy Showing Some Growth in Q1
Government spending and tax policies – particularly at the state and local level – added three-fourths of a percentage point to growth in inflation-adjusted gross domestic product (GDP) in the first quarter of 2019, according to the latest reading. Continue reading
Ford, Autonomic, Amazon Web Services to Collaborate on Advanced Vehicle Connectivity. Future Boon or Debacle?
Ford Motor Company and the creators of the Transportation Mobility Cloud (TMC) Autonomic have signed a multi-year, global agreement with Amazon Web Services (AWS), which will allegedly expand the availability of cloud connectivity services and connected car application development services for the transportation industry. Continue reading
Posted in auto news, autonomous vehicles, distracted driving, electronics, engineering, marketing, mobility company, news analysis, software defined vehicles
Tagged Amazon Web Services, auto industry commentary, autoinformed.com, automotive blog, Autonomic, Ford Smart Mobility, Ken Zino
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Watt? Electric Cars Cause Another Great Generational Divide
While there are still some barriers and mis-perceptions to address – to put it mildly and euphemistically – there are also findings from the study that “inspire confidence that electric cars are on track to become the norm for drivers of all ages. Both Millennials and Boomers overwhelmingly agree—despite some stark generational differences on electric car knowledge—electric is the future of automobiles.” (Autocrat: show us the money not the hype) Continue reading
Cayenne Coupé Marks Asian Premiere
Porsche delivered more than 31,000 units of the Cayenne in China in 2018, representing an increase of 19% compared with the previous year in the slowing Chinese market. With more than 80,000 shipped vehicles, China was once again the biggest individual market for Porsche in 2018. Continue reading
Posted in auto news, design and styling, marketing, milestones, new vehicle, news analysis, sales, shows and events
Tagged auto industry commentary, autoinformed, autoinformed.com, automotive blog, China SUVs, Ken Zino, Porsche Cayenne Turbo Coupé, WLTP, Worldwide Harmonized Light Vehicle Test Procedure
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Ford Shakes Up Top Management. Again.
Ford Motor Company today announced leadership changes in the ongoing remake of its under-performing business (Ford Motor Company Declares Q2 Dividend of $0.15*). Joe Hinrichs is appointed president, Automotive, effective May 1. In this role, he will lead Ford’s drive to strengthen its Automotive operations and help deliver a sustainable global EBIT margin of at least 8%, about half that of the world’s leading automotive groups. Continue reading
Posted in milestones, news analysis, people
Tagged auto industry commentary, autoinformed.com, automotive blog, Joe Hinrichs, John Lawler, Ken Zino, Marcy Klevorn
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Trump Tariffs on Mexico – Job Destroying Taxes on Workers
Ultimately, prices on models imported from Mexico could increase by $8500. Factoring in parts for assembly in the US, the average price of all vehicles sold in the US could rise by as much as $2,500-3,000. the substantial increase could lower sales by 500,000-1.5 million units annually. Continue reading →