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Category Archives: news analysis
$10,000 Solar Panel Option Coming for Focus Electric Vehicle. Ford is using the new “Green Math” to Calculate Benefits
So if you have enough sunshine to generate the 3,000 kWh, that means you save $330 annually for a pay back period of, um, 30 years and four months (using basic arithmetic, not green math). The panels are guaranteed for 25 years by the way. Continue reading
Posted in alternative fuels, auto news, electric vehicles, energy, environment, news analysis, transportation
Tagged auto informed, auto news, autoinformed, autoinformed.com, automotive news, electric cars, electric vehicles, focus electric, focus ev, Ford, ford evs, Ken Zino, mike tinskey, solar power, solar power for evs, sunpower, taxpayer subsidies, zino
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GM Stock Below $25 down from $39 High as Conference Opens
During the program, senior leaders reviewed GM’s progress and outline plans for further improvement. In a sense GM is playing a “beat the reaper” game – can GM increase share and sales of less profitable small cars such as the Chevrolet Sonic, which is just entering production, at a greater rate than the drop off in truck sales and larger per unit profits in North America, while growing in Eastern Europe, South America and Asia? Continue reading
Posted in auto news, economy, financial results, news analysis, results, sales
Tagged auto informed, auto news, autoinformed, autoinformed.com, automotive news, dan akerson, GM, gm business plan, gm earnings, gm global business conference, gm ipo, gm outlook, gm returns, gm stock price, Ken Zino, zino
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President Obama to Announce First Fuel Economy Regulations for Heavy Trucks, Buses. $50 Billion in Fuel Savings Claimed
The complicated standards vary by size and type of truck, and whether gasoline or diesel engines are used. However they appear stringent, calling for a 7-20% reduction in emissions with roughly corresponding increases in fuel economy. Continue reading
Posted in alternative fuels, auto news, energy, environment, fuel economy or emissions, global warming, milestones, news analysis
Tagged auto informed, auto news, autoinformed, autoinformed.com, automotive news, cafe, epa, fuel economy, ghg emissions, heavy truck cafe, Ken Zino, medium truck fuel economy, nhtsa, truck cafe, truck fuel economy, zino
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BMW Group Posts Record Global Sales for July
BMW was the best-selling premium automobile brand in the US market, although incentive costs were rising to almost $3,000 a unit and Lexus was effectively shut out of the market because of earthquake shortages. Continue reading
Posted in auto news, economy, news analysis, results, sales
Tagged auto informed, auto news, auto sales, autoinformed, autoinformed.com, automotive news, BMW, bmw group results, bmw july sales, Ken Zino, results, zino
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General Motors Posts Q2 Earnings of $2.5 Billion. Most in N.A.
Virtually all of GM’s earnings – $2.2B – came from North America, a worrisome development for the most international of the Detroit 3, whose largest markets are China, followed by the United States, Brazil, the United Kingdom, Germany, Canada, and Italy.
Earnings were helped by booking revenue from pickup trucks shipped to North American dealers. GM built 516,000 light trucks in Q2, up 14% from a year earlier. Passenger car production increased 10% to 308,000. GM dealers currently have 209,000 pickups in stock – the equivalent of a 115 days supply in an industry that considers 60 days normal. Continue reading
Posted in auto news, financial results, news analysis, results, sales
Tagged auto informed, auto news, autoinformed, autoinformed.com, automotive news, earnings, gm earnings, Ken Zino, q2 gm results, results, zino
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Bye Bye American Dream – One in Four Could Not Pay for a Major Auto Repair in Latest AAA Economic Survey
One in four American drivers could not pay for a car repair of $2000 if faced with one today, according to the results of a survey released today by AAA. The survey also said one in eight would be unable to pay for a repair bill of $1000 – easily reached with overly complex vehicles on the road. Continue reading
Posted in aftermarket, auto news, customer satisfaction, economy, financial results, news analysis, people, prices, transportation
Tagged aaa, aftermarket, american dream, auto informed, auto news, auto repairs, autoinformed, autoinformed.com, automotive news, great recession, Ken Zino, new car prices, unemployment, zino
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Japanese Sales: Toyota, Honda Down. Nissan up Slightly in July
There were varying results for Japanese sales in the U.S. sales race in July with Toyota and Honda posting double digit declines while Nissan increased sales from July of 2010. Overall, the total U.S. light vehicle market grew less than 1% from what was a weak July of 2010 as the economy languishes and unemployment remains above 9%. Continue reading
Posted in auto news, economy, news analysis, results, sales
Tagged auto informed, auto news, autoinformed, autoinformed.com, automotive news, Honda results, japan earthquake, japanese results, japanese sales, july u.s. sales, Ken Zino, Nissan results, Toyota results, u.s. sales results, zino
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Ford Recalls More than 1 Million F-Series Trucks for Fuel Tank Fires. Reverses No Risk Stance after NHTSA Digs Deeper
Ford Motor Company is recalling more that 1 million F-Series pickup trucks and corresponding Lincoln versions built during model years 1997 through 2004 because of fuel tank fires. The Ford recalls result from the automaker’s latest corrosion problem caused by … Continue reading
Toyota Posts FY Q1 Loss from Earthquake and Strong Yen
Toyota Motor Corporation (TMC) in Japan today said that operating income decreased from ¥211.6 billion to a loss of ¥108.0 billion, while income before income taxes was a loss of ¥80.5 billion yen. This was Toyota’s first quarterly loss in two years as Net income decreased from ¥190.4 billion yen to ¥1.1 billion. Operating income decreased by ¥319.6 billion yen. Continue reading
Posted in auto news, economy, financial results, news analysis, results, sales
Tagged 2012 toyota forecast, auto results, japan earthquake, q1 toyota results, results, toyota
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July Used Car Sales Boom. Have Automakers Priced New Vehicles – Now with an Average $30,000 Price – Too High?
The latest research shows that sales of used cars and light trucks in the U.S. grew strongly – up more than 13% for the month of July. About 4.5 million previously owned vehicles changed hands. That’s the best July since 2005… Continue reading
President Obama Unveils 54.5 MPG Fuel Economy Regulation for 2017-25. Will it Alter Vehicle Choices and Increase Costs?
In a thirteen minute speech in Washington this morning, President Obama revealed his proposal for doubling the fuel economy of vehicles sold in the U.S. by 2025. This proposal, which will apply to cars and light trucks sold during model years 2017 to 2025, establishes a global warming pollution standard of 163 grams of CO2 per mile per new vehicle by 2025—the equivalent of 54.5 mpg if all the improvements are met through actual increases in fuel-efficiency. Continue reading
Revised Fiat Management Structure Subsumes Chrysler. Fiat Executives Dominate Newly Formed Group Executive Council
Both the management of Fiat Automobiles and Chrysler will be merged on September 1 under a plan that creates a Group Executive Council dominated by Fiat executives. Continue reading
Small Business Firms Decline Again in the United States
These are businesses without paid employees but nonetheless are firms paying income taxes needed to balance the budget. Real estate agents, beauticians and construction contractors are examples of non-employer businesses. Overall, U.S. non-employer businesses generated approximately $837.8 billion in receipts during 2009. Continue reading
Posted in auto news, economy, news analysis
Tagged auto informed, auto news, autoinformed, autoinformed.com, automotive news, budget deficit., census bureau, economy, Ken Zino, recession, small business, zino
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If Vehicles are So Appealing Why Aren’t they Selling?
The J.D. Power survey – financed by automakers – begs the question: if the new cars and trucks are so bloody enticing why is the U.S. auto market stuck in the doldrums? Continue reading
Ford Motor Q2 Profit Drops 8% to $2.4 Billion on $4.2 Billion Revenue Increase. Ford Credit, all Regions Except N.A. Decline
Ford’s second quarter net income was affected by so called “unfavorable special items” of $272 million – $177 million more than a year ago. The special items include personnel reduction actions as Ford continues to retrench. The closing of Mercury and other dealer-related actions in North America, as well as pension settlements in Belgium also negatively affected the results. Continue reading
