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Category Archives: news analysis
Jeep Liberty to evolve as a Front-Wheel-Drive Alfa Romeo Derivative
Chrysler Group is preparing an all-new Jeep Liberty replacement that will debut within 18 months, eventually going into production in the U.S., Italy and China. As with the just released Dodge Dart, the new Jeep – thus far unnamed – will be based on a corporate platform from owner Fiat. Continue reading
Ally Financial Pays Off Last $4.5 Billion of Debt Issued Under TLGP
The U.S. Treasury, via taxpayers, currently holds about 74% of Ally common equity, and $5.9 billion in mandatory convertible preferred securities, which have a dividend rate of 9%, after a more than $17 billion bailout. Ally at the end of Q3 2012 had about $182 billion in assets, so it increasingly looks like taxpayers have a good chance at getting their money paid back, perhaps turning a profit. Continue reading
Posted in auto news, economy, milestones, news, news analysis
Tagged ally financial, auto informed, autoinformed.com, automotive news, fdic, gmac, Ken Zino, tarp, tlgp
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U.S. Treasury to Sell GM Stock at a Loss During the Next 15 Months
It appears that Treasury is making a very bad decision here based on ideology, not good old American pragmatism. It was ideologues who opposed the successful TARP bailouts, and now Treasury – the government agency that is supposed to understand money and stock markets – is also taking an impractical position based also on ideology. Since the end of September taxpayers earned more than $1.5 billion from the increase in value of GM stock. Why dump and run now? No surprise here at AutoInformed that most Americans are disgusted with the way government handles their money. Continue reading
Posted in auto news, economy, financial results, news analysis
Tagged auto informed, autoinformed.com, automotive news, GM, gm bailout, Ken Zino, tarp
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GM to Face F-Series, Ram with New 2014 Silverado, Sierra Pickups
An initial analysis by AutoInformed indicates that the trucks are good, but the question lingers will they be good enough against Ford’s F-Series and Dodge’s Ram line, both with considerable marketplace momentum, and both with their own unique selling points from recent revisions. Continue reading
Posted in auto news, design and styling, new vehicle, news analysis
Tagged auto informed, autoinformed.com, automotive news, f-series, Ken Zino, mark reuss, pickup trucks, ram, sierra, silverado
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Fiat to Expand Jeep Sales to India by Late 2013
Fiat will sell Jeep brand vehicles in India by late 2013 as part of a larger business plan to launch nine new or refreshed models under the Fiat and Jeep in the next few years. The first step will be the importation of the existing Jeep Wrangler and Jeep Grand Cherokee models, which will be arrive toward the end of 2013. Continue reading
Posted in auto news, milestones, news analysis
Tagged auto informed, autoinformed.com, automotive news, Fiat, india, jeep, Ken Zino
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Consumer Reports Claims 47 MPG Ford Hybrid Claims are Bogus in Real World Driving. Another EPA Mileage Scam Exposed?
Consumer Reports say that it can’t duplicate Ford Motor’s 47 city/47 highway/47 combined mpg claim for the new Fusion and C-Max hybrids. In CR tests, the Fusion Hybrid provided 39 mpg overall, 35 city and 41 during highway conditions. For the C-Max Hybrid, CR got 37 mpg overall, with 35 and 38 for city and highway. “These two vehicles have the largest discrepancy between our overall-mpg results and the estimates published by the EPA that we’ve seen among any current models,” said CR. Continue reading
Japanese Makers Up U.S. Share in November as East Coast Recovers
Japanese automakers with Asian tsunami and flooding production disruptions behind them and helped, ironically, by post Hurricane Sandy demand on the East Coast picked up marketshare in the U.S. November. Continue reading
Mazda Drops Ford Motor in New Changan Mazda JV in China
Continuing its separation and divorce from Ford Motor Company, Mazda Motor Corporation has announced a new Chinese joint-venture, Changan Mazda, based in Nanjing. The 50:50 corporation with all regulatory approvals is now responsible for all of CFMA’s Mazda-related business, including development, manufacturing, marketing and sales of Mazda-branded vehicles in China. Continue reading
Posted in auto news, milestones, news analysis
Tagged auto informed, autoinformed.com, automotive news, changan ford, changan mazda automobile, china, Ken Zino
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Chrysler Group U.S. November Sales up 14%
Chrysler Group today reported U.S. sales of 122,565 units, a 14% increase compared with sales in November 2011 (107,172 units), and the group’s best November sales since 2007 before the Great Recession put it into bankruptcy. Continue reading
Posted in auto news, news analysis, results, sales
Tagged auto informed, autoinformed.com, automotive news, chrysler, Ken Zino
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Volkswagen Group to Invest €50 Billion During Next Three Years
Volkswagen Group will invest €50.2 billion in its Automotive Division in the coming three years after approval by its Supervisory Board last week. It’s the latest step in VW’s attempt to become the world’s largest Automotive Group by 2018. The ambitious target that will require overtaking GM and holding off a resurgent Toyota, neither of which will concede sales lightly. Continue reading
Posted in auto news, financial results, news analysis
Tagged auto informed, autoinformed.com, automotive news, eu, global auto market, GM, Ken Zino, toyota, vw group
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GM China Expands Advanced Technical Center in Shanghai
Increasingly, sophisticated engineering and development work once done in the U.S. is being shifted to China. Last August, GM began fabricating and testing prototype battery cells and complete systems at the ATC. At the same time, SAIC and Shanghai GM and the Automotive Technical Center opened China’s largest proving grounds. Continue reading
Posted in auto news, economy, engineering, milestones, news analysis
Tagged auto informed, autoinformed.com, automotive news, en-v, gm atc, gm china, Ken Zino, saic
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Food Fight over Ethanol as Special Interest Groups Trade Charges
Two special interest groups are sparing in public over the cost implications of a long-standing federal energy policy that mandates the use of ethanol and ever increasing amounts of bio-fuels in an attempt to free the United States from importing oil sold by terrorist supporting nations. In 2012 about 9% of all transportation fuel used will be from so-called renewable sources. Continue reading
Posted in alternative fuels, AutoInformed Editorial, energy, environment, global warming, news, news analysis, transportation
Tagged auto informed, autoinformed.com, automotive news, eisa, epa, Ken Zino
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Chevrolet Volt Leads New Owner Satisfaction Report. Again
For the second straight year, virtually all owners of the Chevrolet Volt hybrid said they would buy one again. Fully 92% of respondents who own GM’s Volt – much decried by anti-government extremists – said they would definitely buy it again. This earned the $40,000 four-seat car the distinction of being the top-scoring model in the latest Consumer Reports Owner Satisfaction Survey. Continue reading
Lexus and Mini Lead in New U.S. Sales Satisfaction Survey
Whether it is possible to draw meaningful conclusions from closely ranked sales satisfaction numbers remains an open question among industry marketing executives and observers. Power maintains, not without considerable economic self-interest, that its study is a “comprehensive analysis” of the new-vehicle purchase experience. Continue reading
GM to Increase Electric Vehicle Development in China
General Motors is increasing the development of electrified vehicles in China, the company’s senior technology leader said during a speech at the FISITA 2012 World Automotive Congress in Beijing. In September 2011, GM China opened the Advanced Materials Lab in Shanghai. The facility, which is part of the GM China’s sprawling Advanced Technical Center, is engaged in research on battery technology and lightweight materials.
This is the result of a deal between SAIC Motor Corporation and GM for the co-development of a new electric vehicle architecture in China. Communist Chinese industrial policy requires local partners as a condition of access to the market. Continue reading
Posted in auto news, economy, electric vehicles, news analysis
Tagged auto informed, autoinformed.com, automotive news, china, gm china, Ken Zino, offshoring, saic, sail
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