Category Archives: news analysis

June Auto Sales Soar with Mixed Results for Detroit Three

Posted on 3 July 2012 by Ken Zino

Sales of new cars and light trucks in June increased 22% from the same period a year ago, as the auto industry delivered almost 1.3 million vehicles for the month. On a seasonally adjusted annual basis or SAAR, this meant that the industry-selling rate continues to be more than 14 million units for five of the six months of 2012, resulting in sales of more than 7.2 million vehicles year-to-date. The slowly recovering auto market presented mixed but arguably positive results for the Detroit Three. Continue reading →

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Toyota Adds 150,000 Lexus Models to Deadly Floor Mat Recall. NHTSA Says Filing Lacks Required Info. Another Cover-up?

Posted on 2 July 2012 by Ken Zino

In Toyota’s carefully worded latest filing with NHTSA, Toyota U.S. said, “the accelerator pedal can get stuck in the wide open position due to its being trapped by an unsecured or incompatible driver’s floor mat.” NHTSA in acknowledging this terse and incomplete notification said that it lacked much of the required information under U.S. safety regulations. The Toyota report is missing the required chronology of events that were the basis for its decision to conduct an expanded safety recall, including a summary of all warranty claims, field or service reports, and other information, with their dates of receipt. Continue reading →

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BMW Group and Toyota Motor Expand Collaboration

Posted on 29 June 2012 by Ken Zino

Akio Toyoda, President of Toyota Motor Corporation, met today with Norbert Reithofer, Chairman of the Board of Management of BMW AG, at the BMW Group headquarters in Munich to announce the planned expansion of their existing cooperation that started last year. Continue reading →

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Pratt & Whitney of United Technologies Guilty of Criminal Charges for Helping China Develop a Military Attack Helicopter

Posted on 28 June 2012 by Ken Zino

Pratt & Whitney Canada, a Canadian subsidiary of the Connecticut-based defense contractor United Technologies Corporation, today pled guilty to violating the Arms Export Control Act and making false statements in connection with its illegal export to China of U.S.-origin military software used in the development of China’s first modern military attack helicopter, the Z-10. Continue reading →

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Automakers Protest EU Korean FTA Deal is One Sided

Posted on 28 June 2012 by Ken Zino

European automakers are protesting that EU-South Korea FTA one year later has resulted in massive increases for Korean exports of passenger cars, yet only relatively modest gains for the EU auto industry. The European Automobile Manufacturers Association (ACEA) took the opportunity of the first anniversary of the Korean FTA coming on 1 July to draw attention to what it called an “unbalanced situation.” Continue reading →

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Tesla Motors Delivers First Model S EVs at $100,000

Posted on 25 June 2012 by Ken Zino

Tesla Motors delivered its first electric Model S sedan over the weekend at its factory in Fremont, California. The financially challenged company – it has never earned a profit – says it will build 5,000 electric vehicles by the end of 2012, followed by 20,000 cars in 2013. Tesla claims it has already received more than 10,000 reservations worldwide for Model S. Continue reading →

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Toyota France to Export Yaris to North America in 2013

Posted on 22 June 2012 by Ken Zino

Toyota Motor Manufacturing France announced today that as of May 2013, it will start building the Yaris compact car for export to the United States of America, Canada and Puerto Rico. The annual export volume is about 25,000 units. The surprising move is both a hedge against the strong Japanese Yen that makes exports form the land of the rising sun unprofitable, as well a defensive capacity move against the ongoing collapse of the Western European economy that has seen car sales plummet for five straight years with no end to the decline in sight. Continue reading →

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Treasury and Education Departments Tout Higher Education

Posted on 22 June 2012 by Ken Zino

A new report released today by the U.S. Department of the Treasury with the U.S. Department of Education looks at the economic case for higher education. The election year maneuvering comes as President Obama calls on Congress to keep interest rates low for the 7.4 million borrowers who are expected to take out subsidized Federal student loans next year. Federal financial aid now represents 55% of all financial aid to undergraduates at two- and four-year institutions. Auto companies are struggling to hire engineers, particularly in electronics and telematics fields. Continue reading →

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Diesel to Comprise More than 12% of Global Sales by 2018

Posted on 22 June 2012 by Ken Zino

A new report claims that rising fuel prices and stronger fuel economy regulations will increase demand for diesel vehicles in markets around the world. Sales of diesel vehicles will increase from 9.1 million in 2012 to 12.1 million annually by 2018, with diesels representing 12.4% of all light vehicle sales by the end of that period. Continue reading →

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U.S. Wins WTO Dispute with China Over Steel Duties

Posted on 22 June 2012 by Ken Zino

The United States has prevailed in a World Trade Organization or WTO dispute over China’s imposition of anti-dumping and countervailing duties on flat-rolled electrical steel from the United States. The duties affected a substantial amount of United States trade in U.S. steel products. After talks with the Chinese failed to resolve the matter, the WTO established the panel in March 2011. Continue reading →

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FAA and NASA Sign Commercial Space Safety Standards Pact

Posted on 20 June 2012 by Ken Zino

The ‘No Jobs’ Obama Administration is trying to position this as a move to encourage private sector innovation, in-sourcing work to American companies around the development of spaceflight capabilities along with job creation claims no matter how tenuous. Continue reading →

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Honda World’s First Company to Reveal Third-party Validated Estimates of Global CO2 Emissions during Product Use

Posted on 20 June 2012 by Ken Zino

Honda Motor Company said in Japan today that it is the world’s first mobility company to disclose estimated global CO2 emissions during customer use of its motorcycles, automobiles and power products. The move will likely force other automakers who claim to be green into similar disclosures. A next step could be window or product stickers that list the effects of their use on the environment. Continue reading →

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Detroit Public Library Opens WW II Production Collection

Posted on 20 June 2012 by Ken Zino

An extensive collection of documents recording the American automobile industry’s role in WW II is now open to historians and researchers, the Detroit Public Library said yesterday at a press conference in downtown Detroit. Continue reading →

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New 2013 Ford Escape Enters Production in Louisville Plant

Posted on 13 June 2012 by Ken Zino

The upgraded plant is in theory capable of making up to six different vehicles at the same time, thus it is Ford’s most flexible U.S. plant. Louisville is also one of 11 Ford facilities in the U.S. that is participating in the Advanced Technology Vehicles Manufacturing Loan Program – in Ford’s case almost $6 billion total – initiated by Congress under the Obama administration, which also put $80 billion into other auto bailouts, including the forced and politically contentious bankruptcies of Chrysler and GM. Continue reading →

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NHTSA Study Claims Better Design Reduced Crashes, Deaths

Posted on 12 June 2012 by Ken Zino

The National Highway Traffic Safety Administration today announced that better-designed, safer vehicles have contributed to an overall decline in crashes, deaths and injuries on U.S. roadways. In a new NHTSA report issued today, the agency’s analysis of police-reported crash data estimates that design improvements between the 2000 model year and 2008 cars helped save 2,000 lives and prevented one million occupant injuries in the 2008 calendar year alone. Continue reading →

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