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Category Archives: news analysis
Millennials – Soon Largest Generation in US electorate
The growing gap by education is even more apparent when looking at annual household income of the elite. For households headed by Millennials ages 25 to 37 in 2018, the median adjusted household income was about $105,300 for those with a bachelor’s degree or higher, roughly $56,000 greater than that of households headed by high school graduates. The median household income difference by education for prior generations ranged from $41,200 for late Boomers to $19,700 for the Silent Generation when they were young. Continue reading
HondaJet Sales First in Class for Second Consecutive Year
Honda Aircraft Company has changed its aircraft production line from the original HondaJet to the HondaJet Elite and will continue to offer the performance package developed by the Advanced Performance Modification Group (APMG) for the original HondaJet. The company expects to maintain production of four to five aircraft per month. Continue reading
Posted in aviation, engineering, marketing, milestones, mobility company, news, news analysis, sales, shows and events, transportation
Tagged Advanced Performance Modification Group, auto industry commentary, autoinformed, autoinformed.com, automotive blog, General Aviation Manufacturers Association, Honda aircraft company, HondaJet Elite, Ken Zino, new vehicle reviews
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Ford Exits Heavy Truck Business in South America
Most of these pre-tax special item charges and cash outflows of 4460 million will be recorded in 2019 and are part of the $11 billion in EBIT charges with cash-related effects of $7 billion the company expects to take in the redesign of its global business. Continue reading
Global Light Vehicle Sales Start New Year with a Whimper
A worrisome ghost dancing across AutoInformed’s screen is that 2019 began in a cowed manner in most major markets with the weakness that has been evident for several months continuing. Chinese LV sales were again the most influential for the global market, with another double-digit YoY decline. China of course us is enmeshed in a Trump tariff tirade. Continue reading
Japanese-brand Automakers Generate 1.52 Million Jobs in US
It doesn’t estimate how many are lost to oversees manufacturing and imports. Thus, go the one-sided volleys in the ongoing automotive trade wars. Continue reading
Posted in economy, financial results, labor issues, manufacturing, news analysis
Tagged auto industry commentary, autoinformed, autoinformed.com, automotive blog, connected vehicles, jama, Ken Zino, Manny Manriquez, new vehicle reviews, Rutgers University Economics Professor Thomas J. Prusa, The Contribution of the Japanese-Brand Automakers to the United States Economy
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Trump Tariffs Hurt New Auto Prices, Jobs, Consumers
NADA is worried that under a 25% tariff on all imports and parts, “consumers would see the price of the typical vehicle sold in the United States rise by $4,400. Prices of U.S.‐assembled vehicles rise due to an increase in the cost of imported vehicle parts, adding $2,270 to the price. For the typical imported vehicle, these tariffs raise consumer prices by $6,875 per vehicle.” Continue reading
Posted in economy, labor issues, new vehicle, news analysis, people
Tagged auto industry commentary, autoinformed, autoinformed.com, automotive blog, center for automotive research, connected vehicles, Department of Commerce, Ken Zino, NADA President and CEO Peter Welch, new vehicle reviews
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EU Passenger car registrations ‐4.6% in January 2019
During January 2019, the European passenger car market saw a slow start to the year, posting a -4.6% decline compared to one year ago. This makes for six straight months of decline before the impending Brexit disaster takes hold.
Posted in economy, news analysis, sales
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Doomsday? No-Deal Brexit Impact on UK Light Vehicle Market
If the UK leaves the EU without a deal, then the LMC assumption would be that vehicles exported to the EU from the UK would be subject to a tariff of 10% as the UK would, by then, have become a ‘third country’ under EU trade rules. Continue reading
J.D. Power – Most Owners Love Their Three-Year-Old Wheels
“Vehicle dependability continues to improve, but I wouldn’t say that everything is rosy,” noted Dave Sargent, Vice President of Global Automotive at J.D. Power. “Vehicles are more reliable than ever, but automakers are wrestling with problems such as voice recognition, transmission shifts and battery failures. Continue reading
Posted in engineering, manufacturing, news analysis, quality
Tagged auto industry commentary, autoinformed, autoinformed.com, automotive blog, chrysler, connected vehicles, General Motors Company, J.D. Power 2019 U.S. Vehicle Dependability Study, Ken Zino, lexus, new vehicle reviews, Toyota Motor Corporation
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Travelers Attacks Distracted Driving, Cybersecurity, Weather
“We saw great engagement throughout our symposia series in 2018 and look forward to continuing to raise awareness of important social topics across the United States and Canada,” said Joan Woodward, President of the Travelers Institute and Executive Vice President of Public Policy at Travelers. Continue reading
Posted in distracted driving, insurance, news analysis, people, safety
Tagged auto industry commentary, autoinformed, autoinformed.com, automotive blog, connected vehicles, cybersecurity, distracted driving, Ken Zino, new vehicle reviews, Severe Weather, The Travelers Companies, Travelers Institute
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FAA Playing Catchup on Drones. Again.
Duh, airplane owners have been doing this since the last century- editor. Continue reading
Wither US Automotive Sales? Uncertainties Abound
CAR notes that there are “many risks to the 2019 automotive outlook: Will 2019 be the start of the economic downturn? How will U.S. trade policies affect the auto industry? Will regulatory and technological developments start to change what products are made and sold in North America?” Continue reading
Posted in economy, new vehicle, news analysis, sales
Tagged 2019 CAR US Light Vehicle forecast, 2019 US light vehicle sales forecast, auto industry commentary, autoinformed, autoinformed.com, automotive blog, center for automotive research, connected vehicles, Ken Zino, NADA Sales Forecast, new vehicle reviews
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Cars for Cheese? EU Turning Point in Japanese Localization
In 2018, the three UK Japanese transplants of Nissan, Toyota and Honda collectively produced over 730,000 cars, which represent almost half of all Light Vehicles built in Britain. Continue reading
Ford Invests $1 Billion in Chicago Plants for Explorer, Police Interceptor, Lincoln Aviator
Ford was the No. 1 producer of vehicles in the U.S. and the leading exporter of vehicles from the U.S., building nearly 2.4 million in 2018, Ford says it employs the most hourly U.S. autoworkers. Continue reading
Posted in auto news, manufacturing, new vehicle, news analysis
Tagged 2020 Lincoln Aviator, auto industry commentary, autoinformed, autoinformed.com, automotive blog, Chicago Assembly, chicago auto show, Chicago Stamping, connected vehicles, Explorer ST, ford explorer, ford motor, Ken Zino, new vehicle reviews, Police Interceptor Utility
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Trade Wars: FCA to Expand Production Capacity in Michigan
Given his vast international experience, Manley appears ideal to negotiate the choppy waters of ongoing and yet unknown trade wars and protect FCA’s investment of nearly $14.5 billion since 2009, with ~30,000 jobs created to date. All automakers are against Trump trade policy by twitter. Continue reading →