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Category Archives: news analysis
Toyota Starts a Sweeping Reorganization – “Global Vision”
Vowing that “Toyota will lead the way to the future of mobility,” Toyoda, the scion of the founding family, said the executive staff would be streamlined and more decision making power would now reside in the regions.
The unintended acceleration and stuck gas pedal recalls were only undertaken by Toyota after years of neglect when U.S. Department of Transportation officials flew to Japan and insisted on the safety recalls. U.S. Toyota executives were only responsible for sales matters and were powerless to address the issue. Subsequently, DOT imposed record multi million dollar fines on Toyota for delays in addressing the deadly problem.
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New Chevrolet Colorado Concept Begs the Fuel Economy Question: Where oh Where is Ford’s Small U.S. Pickup?
Ford, which once dominated the compact pickup truck segment in the U.S., has said that it will close its Twin Cities, Minn, Ranger plant at the end of this year, offering instead more fuel efficient models of the gigantic F-150 pickup the best selling vehicle in the U.S. at 74,000 units year-to-date. The Toyota Tacoma is currently the best selling mid-size pickup truck in the U.S. at more than 15,000 units year-to-date, outselling an ancient Ranger – last major redesign was in 2001 – by more than 2:1. Continue reading
Toyota Recalls Trucks For Tire Pressure Monitor Defect
About 22,000 trucks are affected in the U.S. and had optional wheels with LT tires instead of the standard P-metric tires installed during truck manufacturing in California, Indiana and Texas. Either Toyota vehicle processing centers or Toyota dealers could have switched the wheels and tires. Continue reading
Posted in auto news, news analysis, recalls, safety
Tagged auto informed, auto news, auto recall, auto safety, autoinformed, autoinformed.com, automotive news, fj cruiser, Ken Zino, land cruiser, nhtsa, recall, sequoia, tacoma, toyota recall, tundra, zino
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U.S. Treasury to Sell $2.7 Billion of Ally Preferred Securities
As part of this corporate welfare program, Treasury invested a total of $17.2 billion in a failing Ally. This was the result of what critics called reckless lending practices in the home mortgage markets, which caused huge Ally losses when the housing bubble burst in 2009. Continue reading
Labor Group Blasts Ford for Chinese Sweatshop Abuses
The Institute for Global Labor & Human Rights released a new report today that said Ford Motor Company is guilty of worker rights violations at what it terms is a Chinese sweatshop that supplies Ford. Continue reading
Posted in auto news, manufacturing, news analysis, safety
Tagged auto informed, auto news, autoinformed, autoinformed.com, automotive news, charles kernaghan, china, china sweatshop, Ford, institute for global labor & human rights, Ken Zino, workers compensation, yuwei plastics and hardware products company, zino
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BMW, Peugeot Citroën to Invest €100 Million in Hybrid JV
Component parts will be used in various BMW and PSA vehicles starting in 2014. Toyota, of course, is the global leader in hybrid technology that was once dismissed by European automakers as not promising. The JV will focus on battery packs, generators, power electronics, chargers, and software for hybrid systems. Continue reading
Posted in auto news, environment, manufacturing, new vehicle, news analysis
Tagged auto informed, auto news, autoinformed, autoinformed.com, automotive news, BMW, co2, EVs, geneva motor show, hybrids, Ken Zino, Peugeot citroen, PSA, zino
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China Rules as GM Sets February Sales Record
General Motors and its eleven government-mandated Chinese joint ventures sold 184,498 vehicles in February, setting a new record for the month, but not, repeat not, outperforming its amazing sales of 207,000 in its home U.S. market. Continue reading
Posted in auto news, new vehicle, news analysis, results, sales
Tagged auto news, autoinformed, autoinformed.com, automotive news, china auto market, china results, china sales results, Chinese auto, GM, gm china, Ken Zino, new vehicle, news analysis, results, sales and tagged auto informed, zino
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Accelerator Pedal Recall Causes More Lexus and Toyota Recalls! Technicians Did Not Correctly Replace the Carpeting. Original Recall Now Expanded to Include More Toyota Vehicles
Why owners should trust technicians to correctly perform a second modification is a question that will surely be debated. Continue reading
General Motors Posts 2010 Net of $4.7B on $135.6B of Income
General Motors Company (NYSE: GM) today announced its calendar year 2010 results of $4.7 billion of net income per share of common stock for its first full year of operations after it emerged from bankruptcy as a U.S. and Canadian taxpayer owned automaker. Continue reading
Posted in auto news, economy, financial results, news analysis, results
Tagged 2010 results, auto informed, auto news, auto results, autoinformed, autoinformed.com, automotive news, gm results, Ken Zino, results, zino
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BMW i, an Electric and Hybrid Vehicle Sub-Brand, Debuts
Both the i3 and i8 models are clearly designed to garner credits so that BMW can continue to sell conventional cars and trucks that emit higher levels of CO2; both use extensive amounts of aluminum and other light weight materials to partially offset the mass of the lithium ion batteries. Continue reading
Posted in auto news, environment, new vehicle, news analysis
Tagged auto informed, auto news, autoinformed, autoinformed.com, automotive news, BMW, bmw I, electric cars, EVs, i1, i8, Ken Zino, zino
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New Toyota Ads Debut on Monday Touting “Why It’s the Best-Selling Brand in America.” Sales Slowly Coming Back?
“#1 for a Reason.” includes rebates and 0% financing for 60 months across most of Toyota’s core vehicles. Continue reading
Posted in auto news, economy, marketing, news analysis, results, sales
Tagged #1 for a reason, auto informed, auto news, auto sales, autoinformed, autoinformed.com, automotive news, january sales, Ken Zino, lexus results, results, scion results, toyota, toyota ads, toyota sales results, us auto sales, zino
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Ford Europe Sales Flat; Down Again in Western Europe
Ford now appears caught by two unforeseen macro-economic trends that are largely beyond its short term control – the collapse of Western European economies where Ford is a major player, and the growth of India and China, where Ford is a minor factor. Continue reading
Global Vehicle Sales to Top 72 Million in 2011 in Latest Forecast
The sale of new cars and light trucks in 2011 are projected to reach 76.5 million units, which would surpass the record of 72 million light vehicles sold 2010, according to J.D. Power and Associates Automotive Forecasting. If accurate, this … Continue reading
General Motors to Introduce 20 New Models in China, Add Jobs
The world’s largest auto market, China, has been good to General Motors, the world’s largest automaker. So no surprise when General Motors Chairman and CEO Dan Akerson said today in Beijing that GM will introduce more than 20 new and upgraded models during the next two years, as well as strengthen Chinese product development capability. Continue reading
Posted in auto news, new vehicle, news analysis, results, sales
Tagged auto informed, auto news, autoinformed, autoinformed.com, automotive news, china auto market, china sales results, Chinese auto, GM, gm china, Ken Zino, results, zino
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Rolls-Royce to Debut Electric Phantom Concept at Geneva
Rolls-Royce Motor Cars today confirmed the existence of the Phantom Experimental Electric, an electric Phantom concept car that will debut at the Geneva Motor Show in March. Continue reading →