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Category Archives: news analysis
Works of Artist Hanns Lohrer Coming to Porsche Museum
Starting in early September the Porsche Museum will display the works the Stuttgart painter and commercial graphic designer Hanns Lohrer (1912-1995) with an exhibit that goes beyond his automotive oeuvre. During the 1950s and ’60s, Lohrer played a vital role in the visual appearance of the Porsche brand in promotional pieces. Lohrer’s works helped create a positive image for what was then an upstart sports car manufacturer. Continue reading
Posted in auto news, design and styling, marketing, news, news analysis, people
Tagged advertsing, auto informed, autoinformed.com, automotive news, graphic arts, hanns, Ken Zino, lohrer
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Ford EU July Sales off 12%, Lowest Since 1995. Lags Industry
Ford Motor Company sales in its traditional 19 European markets decreased in July to 83,100 vehicles, -12.3% lower than July 2011 in an industry with heavy discounting that was off 7.6% overall. Year-to-date, Ford sales were 700,200 units, down 11% during the same period last year compared to an industry decline of 7%. Both results were the lowest sales for Ford in the EU since 1995 as the Eurozone crisis continues unabated. Continue reading
Posted in auto news, marketing, news analysis, results, sales
Tagged auto informed, autoinformed.com, automotive news, eu, ford Europe, ford sales, Ken Zino, roelant de waard
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Bosch Moves into eScooter Business with Ningbo Polaris
The Bosch Group is forming a joint venture with Ningbo Polaris Technology, a Chinese provider of motors for electrically driven scooters or eScooters, with Bosch holding the majority. Ningbo makes and sells eScooter motors in China under the POLTM brand, more than one million in 2011 the output of 450 workers. The global output of eScooters in 2011 was about 27 million units with China making 98% of the production volume. “With a growth rate of 6% annually the market will reach up to 46 million units in 2020”, said Udo Wolz, president of the Bosch Electrical Drives division. Continue reading
Posted in auto news, electric vehicles, motorcycles, news analysis, transportation
Tagged auto informed, autoinformed.com, automotive news, bosch, escooters, EVs, Ken Zino, ningbo polaris, pedelecs
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Digital Politics – Obama Ahead of Romney in Web, Social Media
The Obama campaign is using digital tools to talk directly with voters at almost four times the rate of the Romney campaign, according to a new study by the Pew Research Center. The tools, now also in widespread use at automakers, bypass the filters and biases of traditional media coverage. However, the latest electronic communications techniques are also largely a one-way street as campaigns (and automakers) talk at but rarely share or forward responses, long a complaint of traditional media critics. Continue reading
Posted in news, news analysis, people, Uncategorized
Tagged auto informed, autoinformed.com, automotive news, digital media, Ken Zino, pew, politics, social media, web
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GM Bids on Ally’s International Auto Lending Business
The GM bid carries some potential risks for U.S. taxpayers, which still own a large part of the company. If GM buys the international Ally businesses, it could expand lending overseas, but not without potentially hurting liquidity. GM Financial’s consolidated assets could more than double, and it could incur substantial amounts of indebtedness, including secured debt. GM Financial’s ratio of adjusted assets to adjusted equity could more than double as well. It all depends on how much GM acquires, and then its ability to successfully run the new operations while integrating them into the larger company. Continue reading
Posted in auto news, economy, financial results, news analysis
Tagged ally, auto informed, autoinformed.com, automotive news, gm financial, Ken Zino
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Regulations Work as Airlines Set On Time Records, Cut Delays
The biggest airlines in the U.S. posted records for the first half of 2012 for on-time performance, fewest cancellations and tarmac delays, as well as the lowest mishandled baggage rates. According to the Air Travel Consumer Report from the U.S. Department of Transportation, the 15 largest U.S. airlines posted an 83.7% on-time arrival rate during the first six months of 2012, the highest mark for any January-June period in the 18 years the Department has collected comparable data. Continue reading
Reality Versus Concept as Production Accord Photos Released
The ninth generation Accord, a perennial top seller in the family car category faces unprecedented competition from the Toyota Camry – the best selling car in the U.S. and all new last year – a revised Nissan Altima, and the Hyundai Sonata, as well as the Ford Fusion and Chevrolet Malibu, among others. The category is important for its size – almost 20% of the cars sold in the U.S., and as a result, its bragging rights. Continue reading
Posted in auto news, new vehicle, news analysis
Tagged accord, altima, auto informed, autoinformed.com, automotive news, Camry, Ken Zino, malibu, SkyActive, sonata
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BYD Electric Cab Fire and Three Fatalities not Battery’s Fault
An investigation by the Shenzhen government into an accident and fire between a BYD EV and a Nissan sports car that killed three people in May concludes that the battery pack was not at fault, according to a BYD filing with the Shenzhen stock exchange.
A Nissan GT-R traveling at 242km/h – 150 mph – hit a BYD e6 taxi traveling in the same direction at 81km/h. The first impact sent the cab careening out of control, which then resulted in a second impact into a roadside tree, whereupon the e6 completely burned. The cab driver and two passengers perished. Continue reading
Posted in alternative fuels, auto news, electric vehicles, news analysis, safety
Tagged auto informed, autoinformed.com, automotive news, byd, china, Ken Zino, Nissan gt-r
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Spyker Sues GM For $3 Billion Over Blocking Saab Sale to Chinese
In what could be viewed as the legal equivalent of a Hail Mary pass, Dutch automaker Spyker filed suit against GM in Detroit yesterday, alleging that GM forced the Swedish brand Saab into bankruptcy and then blocked a sale of the company to Chinese investors, which would have ensured its survival. Continue reading
Treasury To Sell More AIG Stock. Taxpayers Still Owed $24 Billion and Hold 53% from Controversial Bailout of Reckless Company
Today, the U.S. Department of the Treasury announced that it expects to receive an additional $750 million from its public offering of American International Group (AIG) common stock. The Wall Street underwriters have exercised their so-called over-allotment option to purchase another 24.6 million additional shares of AIG common stock at the public offering price of $30.50 per share. Continue reading
Japanese Makes Take Top Three Spots in China Customer Satisfaction
The Japanese, led by Guangqi Honda, took the top three ratings in the 2012 China Customer Service Index. Honda – and its government-mandated local partner – was followed by Dongfeng Honda Automobile and GAC Toyota. Dongfeng took five out of the first ten spots in the latest quality survey. Continue reading
Posted in customer satisfaction, news analysis
Tagged auto informed, autoinformed.com, automotive news, china, csi, customer satisfaction, j.d power, Ken Zino
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GM Q2 Profits Drop to $1.5 Billion From $2.5 Billion as Its European Losses Grow. Revenue and Cash on Hand also Decreased.
General Motors Company (NYSE: GM) today said Q2 income was $1.5 billion, or $0.90 per share of common on revenue $37.6 billion. The disappointing results compared to Q2 2011 where GM’s net income attributable to common stockholders was $2.5 billion, or $1.54 per fully diluted share. GM said the decrease was due almost entirely to the strengthening of the U.S. dollar versus other major currencies. Earnings before interest and tax (EBIT) adjusted was $2.1 billion, compared with $3.0 billion in the second quarter of 2011.
“Despite the challenging environment, GM has now achieved 10 consecutive quarters of profitability, which is a milestone the company has not achieved in more than a decade,” said GM chairman and CEO Dan Akerson. The CEO also alluded to ongoing management changes and reorganizations, saying “we will not hesitate to act to make the business stronger” by replacing people who don’t deliver results, with no apparent awareness that U.S. taxpayers who still hold a large stake in the company could apply that dictum to him. Continue reading
Posted in auto news, financial results, news analysis, results
Tagged auto informed, autoinformed.com, automotive news, gm results, Ken Zino, results
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Honda Posts $1.7 Billion Profit in Japanese Fiscal Q1
Despite the strong recovery, the results did not meet analysts’ expectations because of rising marketing costs and the strong yen. Nevertheless, Honda is sticking to its global sales forecast of 4.3 million vehicles in the Japanese fiscal year to March 2013, an increase of 38.4% from FY 2012. North America is forecast to sell almost 40% of the total, which means a lot is riding on the success of the new Accord due this fall. Continue reading
Posted in auto news, financial results, news analysis, results
Tagged auto informed, autoinformed.com, automotive news, honda, Ken Zino, q1 results, results
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TRW Guilty of Price Fixing Seatbelts, Airbags, Steering Wheels
TRW Deutschland pled guilty to price fixing seatbelts, airbags and steering wheels sold to two German automobile manufacturers, and installed in cars sold in the United States yesterday. This is the second case filed over occupant safety systems sold to auto manufacturers as part of the department’s ongoing antitrust auto parts investigation. Continue reading
Posted in auto news, fools 'n frauds, litigation, news analysis, people
Tagged auto informed, autoinformed.com, automotive news, bid rigging, doj, Ken Zino, price fixing, trw price fixing
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