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Category Archives: news analysis
Honda Fuel Cell Concept Debuts at Los Angeles Auto Show
Honda’s next generation fuel cell-electric vehicle has what is for the moment the world’s first fuel-cell powertrain packaged completely in the engine room of the vehicle. This not only allows more interior space, but it gives the Japanese automaker some flexibility in the use of fuel cell technology in different vehicle types. Continue reading
Treasury Out of General Motors Stock by Year End
During 2009 when the Bush Administration’s Great Recession was in full force and worsening, the U.S. government via taxpayers gave GM $49.5 billion in loans ($50 billion including loans for the Supplier and Warranty Programs) in exchange for $2.1 billion in preferred stock and a 60.8% equity stake in the reorganized company. Treasury has been selling the stock since late last year. A quick back of the envelope calculation at current market rates shows that taxpayers will ultimately lose ~$10 billion. Continue reading
Posted in economy, news analysis
Tagged autoinformed, autoinformed.com, Ken Zino, tarp, u.s. treasury
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September Unemployment National Scandal as Hiring Slows
September unemployment numbers finally released two weeks late show that a mere 148,000 jobs were added in September, keeping the unemployment rate officially above 7%. More than 11 million people who want to work are idled in an ongoing economic and social crisis. Continue reading
Posted in AutoInformed Editorial, economy, fools 'n frauds, news analysis
Tagged autoinformed.com, bls, Ken Zino, tea party
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Camaro Z/28 Beats Porsche 911 Lap Time at Nürburgring
A new 2014 Camaro Z/28 running at Germany’s Nürburgring road course posted a 7:37.40 lap time, Chevrolet says. This beats the best times for the Porsche 911 Carrera S and the Lamborghini Murcielago, among other expensive cars that cost much … Continue reading
Posted in marketing, milestones, new vehicle, news analysis, performance
Tagged autoinformed, autoinformed.com, Ken Zino, nürburgring, z/28
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Your Computerized Car allows Governments to Snoop
The next car you buy will be computerized, override your inputs, all the while gathering vast amounts of personal data that will be used for marketing purposes. Continue reading
Posted in AutoInformed Editorial, news analysis
Tagged autoinformed, autoinformed.com, computerized cars, driverless cars, google, Ken Zino
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Testosterone and Tesla – Men Love Them
As with all things associated with Tesla, AutoInformed remains skeptical about a company that has never showed a profit since its inception except in Q1 of 2013. For the first six months of this year, Tesla lost $1,916 per car based on a net loss of $19.254 million from sales of 10,000 Model S and a few Roadster EVs, which was -$0.17 a share. With Tesla stock trading in the $190 range for a book value of $5 a share, buyer beware, seller rejoice. Continue reading
Posted in electric vehicles, news analysis
Tagged autoinformed, autoinformed.com, cadillac elr, Ken Zino, strategic vision, tesla
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Panasonic Exec Indicted in Toyota Price Fixing Scam
A federal grand jury in Detroit has indicted a Panasonic Automotive Systems executive for his role in an international conspiracy to fix prices of switches and steering angle sensors sold to Toyota. Continue reading
Posted in auto news, electronics, fools 'n frauds, litigation, news analysis
Tagged autoinformed, autoinformed.com, Ken Zino, Panasonic, toyota
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BMW Recalls 5-Series Cars for Defective Rear Lights
BMW said that it does not believe a safety defect exists but is recalling the cars anyway. While likely such language is lawyer dictated, the Bavarians have a precarious relationship with U.S. safety regulators. Previously BMW was fined by NHTSA for covering up safety defects. Continue reading
Posted in customer satisfaction, news analysis, quality, recalls, safety
Tagged autoinformed, autoinformed.com, bmw recalls, Ken Zino
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Toyota Hires Microsoft Exec as Technology Officer
In keeping with the expansion of electronics in automobiles, Toyota Motor Sales in the U.S. has hired Ned Curic to a newly created role of vice president and chief technology officer. Continue reading
Nissan Exports RHD Pathfinder SUVs from U.S.
Several factors are in play here. The weakness of the Japanese Yen during the past several years has forced Japanese production offshore. Even though the Japanese government is now manipulating the Yen to make it stronger, Japanese companies are still proceeding with plans to export from the U.S. that were put in place during the last decade. A built in the USA label can be positive especially for trucks. Continue reading
Autonomous Vehicles by 2020. Legal Issues Slow Use
The classic ‘who pays’ problem is the core issue. Automakers might assume responsibility for their vehicles, but it is improbable that they will assume responsibility for safely operating them. There remain significant technical barriers as well. Computing power, glitch free software development, high-end image processing and sensor cost and coordination are all issues. Continue reading
Posted in engineering, news analysis, safety
Tagged autoinformed, autoinformed.com, autonomous vehicles, driver assistance, Ken Zino, navigant
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Ally Closer to IPO as it Plans to Buy Back Treasury Stock
If several complicated agreements and transactions go as planned, U.S. taxpayers will recover $12.1 billion or more than two-thirds of the bailout they subsidized. Ally has currently paid the U.S. Treasury $6.2 billion. Continue reading
Posted in auto news, financial results, news analysis
Tagged ally gmac, autoinformed, autoinformed.com, Ken Zino, taxpayer bailouts, u.s. treasury
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Japanese U.S. Auto Industry Exports at Record
The news comes as trade tensions are rising between the U.S. and Japan over Japan’s manipulation of the Yen by keeping it artificially low to boost sales of Japanese products while blocking imports into Japan. Continue reading
U.S. July Jobs Numbers are Dreadful
Even though the latest economic data show that the contraction during the Great Recession was slightly less severe than previously reported, it remains the largest decline since quarterly data became available in 1947. Cumulatively, real GDP fell by 4.3% during the recession. Moreover, the jobs lost then have never been recovered. Continue reading
Posted in economy, labor issues, news, news analysis
Tagged autoinformed, autoinformed.com, eci, great recession, Heidi Shierholz, Ken Zino, u.s. unemployment
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