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Category Archives: news analysis
BMW Group and Brilliance Open Second Plant in China
BMW has been producing BMW 3 Series and 5 Series models for the Chinese market with Brilliance in Shenyang since 2003. The opening of the second vehicle plant in China will expand the range of locally produced models to include the BMW X1. Production of the long-wheelbase version of the BMW 3 Series will also begin during the coming weeks. Continue reading
Posted in auto news, manufacturing, milestones, news analysis, shows and events
Tagged auto informed, autoinformed.com, automotive news, BMW, brilliance, china, Ken Zino, shenyag, tiexi
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Judge Rules Against Dealers on Disclosure of Car Loan Terms
A federal judge in Washington has ruled that automobile dealers who engage in so-called three-party financing transactions must disclose information to consumers who take out car loans if they are offered less favorable terms, such as a higher interest rate, than the most favorable terms available to the majority of consumers. Continue reading
Posted in auto news, litigation, marketing, news, news analysis
Tagged auto financing, auto informed, autoinformed.com, automotive news, credit reports, doj, ftc, Ken Zino, nada
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Iran Auto Production Down 27% as UANI Blasts Peugeot and Nissan for Ongoing Business with Islamic Revolutionary Guard
The auto industry represents 20% of Iran’s GDP that is dominated by the Islamic Revolutionary Guard Corps. UANI has developed model legislation, The DRIVE Act, to force auto manufacturers to choose between American taxpayers and the regime. The DRIVE Act requires automakers to certify they are not engaged in any business in Iran, or engaged in the implementation of any agreement with Iranian entities in order to be eligible for U.S. government contracts or financial assistance. Continue reading
Posted in auto news, news, news analysis, people, transportation
Tagged auto informed, autoinformed.com, automotive news, GM, hanging chads, hyundai, iran, Ken Zino, mark d. Wallace, mazda, nuclear weapons, Peugeot, porsche, uani
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Fiat and Mazda to Develop a Sports Car for Alfa and Mazda
The non-binding MoU states that both Fiat and Mazda will develop two “differentiated, distinctly styled, iconic and brand-specific light weight, roadsters featuring rear-wheel drive.” The Alfa Romeo and Mazda models will each be powered by specific proprietary engines unique to each brand. Continue reading
Posted in auto news, financial results, milestones, new vehicle, news analysis
Tagged alfa romeo, auto informed, autoinformed.com, automotive news, Fiat, Ken Zino, mazda, mx5
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Milestones – Toyota Motor Sells 4 Million Hybrid Vehicles
Toyota Motor Corporation (TMC) in Japan announced today that its global hybrid vehicle sales totaled four million vehicles through April 2012. of that 1.5 million Toyota hybrids have been sold in the United States where it dominates the advanced technology vehicle market by outselling all other hybrid and electric vehicles combined. Toyota in the U.S. now holds 65% of the hybrid market, with the Prius a line accounting for 1.2 million vehicles year-to-date. Continue reading
Posted in alternative fuels, auto news, electric vehicles, marketing, news, news analysis, results, sales
Tagged auto informed, autoinformed.com, automotive news, hybrids, Ken Zino, prius, Toyota hybrid sales
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Chevrolet Colorado Midsized Pickup to be Made in Wentzville as GM Tries to Forget Bankruptcy, Hummer and Shreveport
General Motors broke ground today on a $380 million plant expansion to its Wentzville Assembly facility to build the newly re-designed Chevrolet Colorado midsize pick-up in 2013. In the sad language oft used when describing the floundering U.S. economy, GM said it is “creating or retaining” about 1,260 jobs hourly and salaried jobs. The new Chevrolet Colorado is based on an all-new midsize truck architecture developed by GM do Brasil within GM’s global product development organization. Continue reading
Americans Want Highways and Bridges Fixed. So Who Pays?
A new survey from HNTB Corporation finds two-thirds of Americans “who intend to vote” during this year’s presidential election claim that a candidate’s standing on American transportation infrastructure will influence their decision. More than one in five (22%) claim this will be “extremely influential” on whom they vote for. Nearly nine in ten (89%) Americans feel it is important for the federal government to fund the maintenance and improvements of interstate highways.
Therein lays the potholes, crumbling concrete and rusting bridges in evidence all around us. Who pays? Overall, 4 in 5 (80%) of those surveyed claim they would rather increase funding and improve roads and bridges than continue current funding levels. You would never know this by observing the behavior of our ruling elites, though. Continue reading
How Long does the Shelby Brand Survive at Ford?
The challenge going forward for both Shelby International and Ford Motor Company is how to remain relevant with a marketing proposition that grows more backward looking as time passes. Continue reading
Posted in auto news, marketing, news, news analysis, people, performance
Tagged auto informed, autoinformed.com, automotive news, carroll Shelby, cobra, edsel ford, ford shelby, gt500, Ken Zino, shelby 1000
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Largest U.S. Airlines Barely Profitable in Q4
These data, combined with record levels of long-term unemployment and a moribund housing market, one wonders how anyone in the ruling class can claim the recession is over? Continue reading
Right to Repair Bill Passes Massachusetts Senate
A version of the bill, omitting dealerships, is currently before the Massachusetts house, with unknown prospects. However, more than 100,000 citizens signed a Right to Repair ballot initiative earlier this year. If the legislature does not pass a final bill, the state’s consumers will get their own chance to vote—on the November ballot. Recent polls have shown support level for Right to Repair as high as 87%. Continue reading
Study Claims E15 Ethanol Gas Will Damage New Car Engines
At the heart of the controversy are the costs of installing E15 pumps at gas stations, which already are selling fuel with E10, as well as warranty costs at automakers, where typically powertrains are now covered for 100,000 miles. The problem for automakers and consumers comes from a regulation that applies to existing vehicles on the road, instead of a phase-in for future vehicles. While automakers are now building some vehicles that can safely run of blends containing up to 85% ethanol, CRC said the decision to move to E15 was “premature and irresponsible,” since millions of existing auto engines cannot. Continue reading
Opel Woes Continue as EU Auto Sales Decline In April. Latest Turnaround Plan Faces Fierce Union Fight over Plant Closings
Worrisome for GM shareholders, including the U.S. taxpayers who still own 32% of the world’s largest, but only marginally profitable, automaker after a $50 billion bailout, Stracke told employees that Opel will stay with existing labor agreements through 2014. With the European auto market headed for its fifth straight year of sales declines and with no upturn predicted for years, it’s impossible to see how Opel will cease being a drag on GM earnings. Continue reading
Ford Europe Sales Down 10% in April. UK and Eastern EU Up
Like other automakers, Ford is struggling with the contractionist policies of governments in Germany and Brussels, as voter unrest grows with the Depression level economic conditions. Both in April and year-to-date light vehicle sales in the EU are off almost 8%, the fifth straight year of declines. Continue reading
Posted in auto news, economy, news analysis, results, sales
Tagged april sales, auto informed, autoinformed.com, automotive news, eu, eu sales, european union, ford Europe, Ken Zino, results
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Airlines Post Record On-Time Performance but Complaints Up
Between January and March this year, the nation’s largest airlines posted their best on-time arrival rate for the first quarter of any year since the Department of Transportation began collecting comparable flight delay data in 1995. Supporters cite this as a clear example of the effectiveness of government regulation back by stiff fines. Continue reading
Nissan Posts Operating Profit of ¥45.8 Billion For F.Y. 2011
The Nissan results with a net of $4.32 billion was in sharp contrast to Toyota Motor Corporation’s F.Y. net profit decline to ¥283.56 billion or $3.6 billion, a -31% decrease. Nissan also out performed Honda Motor whose net profit declined slightly at ¥211.4 ($2.627 billion) for a -3.5% drop. Continue reading
