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Category Archives: news analysis
Black versus White Hat Cyber Attacks on Your Vehicle
While White hat attacks may uncover significant vulnerabilities that should be calls for action, research-based attacks do not have malicious intent, according to Upstream Security. White hat attacks can cause financial damage or problems for a brand. However, it’s claimed by those doing them for sales purposes, that for many companies, the warnings they receive from researchers or even technologically capable consumers are helpful to their security optimization and improvement. Continue reading
Posted in AutoInformed Editorial, autonomous vehicles, customer satisfaction, electric vehicles, electronics, engineering, mobility company, news analysis, safety
Tagged auto industry commentary, autoinformed, autoinformed.com, automotive blog, connected vehicles, Ken Zino, new vehicle reviews, Upstream Security, white and black hat cyber-attacks
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Automotive Cyber Attacks Continue to Increase
In 2018, for the first time in history in the automotive industry, so-called Black hat or cybercriminal attacks have overtaken White hat or security researcher attacks. Continue reading
GM to Provide Financial Support to Fired Union Workers
GM’s November announcement impacts 2,600 hourly workers and approximately 340 salaried or contract workers at the Oshawa Assembly Plant once a crown jewel in the GM collection for its productivity, flexibility and quality. GM Canada will continue to discuss its announcements regarding Oshawa Assembly with Unifor, the union it has a no close contract with in force until the end of 2019. Continue reading
No Deal Brexit to Cost UK Auto Sector £9 Billion Per Year
It’s not only angry Trump voters who are self-destructive, the UK under the Brexit fiasco is about to lose £9 Billion a year due to a conservative Republican-like temper tantrum that will materially hurt middle class workers, as well as society as a whole. Continue reading
Posted in economy, financial results, news analysis, sales
Tagged auto industry commentary, autoinformed, autoinformed.com, automotive blog, Brexit, connected vehicles, honda, jaguar land rover, Ken Zino, lmc automotive, new vehicle reviews, nissan, psa group, toyota, UK light vehicle production, Vauxhall/Opel
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NADA 2019 Light Vehicle Sales Projected at 16.8 Million
Based on a strong November, new-vehicle sales are expected to reach 17 million units in 2018, which would mark the fourth straight year of U.S. auto sales above 17 million units. (see AutoInformed: Auto Loans – Payments Higher, Subprime Lending Lower. The Federal Reserve Board is likely to raise rates in December 2018. More rate increases are likely during the early half of 2019 and then rates are expected to hold.) Continue reading
Posted in economy, marketing, news analysis, results, sales
Tagged auto industry commentary, autoinformed, autoinformed.com, automotive blog, connected vehicles, Ken Zino, nada, NADA Chairman Wes Lutz, national automobile dealers association, new vehicle reviews, new-car dealers, Patrick Manzi, saar
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IndustriALL Pressures Volkswagen Group to Engage with UAW or Else Face Suspension of its Global Contracts
However, instead of entering into bargaining with the union, Volkswagen has repeatedly taken legal action against the vote, including an appeal against the ruling of the National Labor Relations Board during August 2016, which ruled in favor of the UAW. Continue reading
Making the Budget Deficit Great Again. November at $203 billion. Interest for Debt up $5 Billion
Not that it matters according to traditional Republican double-speak, such gigantic deficits are only a problem if they occur when the Democrats are in power. When Republicans cut taxes for the wealthiest and run up huge deficits it’s – don’t laugh – good for the economy. Worse, the federal budget deficit was $303 billion for the first two months of fiscal year 2019, says CBO. Continue reading
Ghosn, Kelly and Nissan Motor Corp. Indicted for Violating The Japan Financial Instruments and Exchange Act
Thus – as predicted – this case, besides from revealing the rift between Nissan and its European partner Renault that saved it from bankruptcy, has cast a cold beam of light on Japanese corporate governance – or is that non-governance? – practices. Continue reading
TV Remains News Source for Almost Half of Americans
Overall, 47% of Americans prefer watching the news rather than reading or listening to it. That is unchanged from 46% in 2016 and outpaces the 34% who prefer to read the news and 19% who prefer to listen to it – both of which also remain on par with 2016 figures. Continue reading
Posted in auto news, customer satisfaction, news analysis, people
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Ford First Automaker to Outline UN Human Rights Issues
Ford claims to be the first automaker to complete this assessment, thought to be key in identifying the issues that are at risk of the most severe negative impact through activities or business relationships. Continue reading
BMW Group Threatens Trump on US Jobs
Buried at the bottom of the release was the following threat clearly aimed in AutoInformed’s view at President “tariff” Trump and his owning trade bluster and politically motivated policies that are threatening US jobs. Continue reading
Posted in auto news, economy, labor issues, manufacturing, news analysis, transportation
Tagged auto industry commentary, autoinformed, autoinformed.com, automotive blog, bmw group, connected vehicles, Ken Zino, new vehicle reviews, Spartanburg, trade and tariffs, Trump auto industry tariffs
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GM Canada to Train, Help Find Jobs for Fired Workers
GM Canada will also join with Durham Region educators and governments to train and transition Oshawa Assembly employees to new careers in Durham Region. “These efforts will help address the significant open requirements for talented workers from other regional employers,” GM said. Continue reading
Unifor Blasts GM Canada Closings
AutoInformed notes that since its announcement this week, GM now says that the “unallocated” plants in the U.S. will not be closed but rather “idled,” subject to negotiations with the UAW next fall. Unifor says that is a first step in Canada as well. Continue reading
Trump Record Deficit Watch – Another Proposed Increase
More than a year ago, President Trump pledged to eliminate the national debt “over a period of eight years.” But for the first time in history, the national debt surpassed $21 trillion, while Trump is facing 17 criminal investigations, another presidential record. Continue reading →