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Category Archives: auto news
Nissan Blasts Ghosn as Unfit to Serve as An Executive
“The internal investigation found incontrovertible evidence of various acts of misconduct by Ghosn, including misstatement of his compensation and misappropriation of the company’s assets for his personal benefit,” Nissan said. Continue reading
Ford Motor US Sales Down in -3% 2019 as War Worries Increase
Overall, 2019 light vehicle sales fell 1.3% to 17.05 million vehicles, according to AutoData. Truck sales inched up 2.6% and passenger car sales dropped -10%. In total, 69% of new vehicles sold last year were trucks or SUVs. Electric vehicle sales were up 37% at ~236,000 – but that’s from a tiny baseline. Continue reading
Hyundai Motor 2020 Business Direction – Electrification, Autonomous Vehicles, Mobility Services. Sound Familiar?
The plan focuses on securing Hyundai’s leadership in the vehicle electrification, expansion of hydrogen industry ecosystem and self-driving commercialization, as well as the progressive expansion of its mobility services businesses. Continue reading
Reuters Reports Carlos Ghosn Jumps Bail Before His Trial and Flees Japan for Lebanon Where He Can’t Be Extradited
“Ghosn’s abrupt departure marks the latest dramatic twist in a year-old saga that has shaken the global auto industry, jeopardized the alliance of Nissan Motor Co Ltd and its top shareholder Renault SA and cast a harsh light on the fairness of Japan’s judicial system,” Reuters reported. Continue reading
Posted in fools 'n frauds, litigation, people
Tagged auto industry commentary, autoinformed.com, Kenneth Zino, Reuters on Ghosn
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Universal City Nissan Sues Saudi Billionaire, Khaled al-Juffali and Nissan Motor, Among Others, over Payoff by Carlos Ghosn
auto industry commentary, autoinformed.com, Ghosn Matter, Kenneth Zino, West Covina Nissan, Glendale Nissan/Infiniti, Universal City Nissan, Morris Sage, Khaled al-Juffali, Byron Z. Moldo, Continue reading
Posted in fools 'n frauds, litigation, people
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Honda Sets Monthly Record for Auto Production in China
All told Honda globally produced 4.81 million vehicles year to date. China now represents 29% of all Honda Motor production. Continue reading
Posted in manufacturing, milestones
Tagged auto industry commentary, autoinformed.com, china, Honda Motor, Kenneth Zino
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RPM Act Introduced in U.S. House of Representatives
The RPM Act reverses the EPA’s interpretation that the Clean Air Act does not allow a motor vehicle designed for street use – car, truck or motorcycle – to be converted into a racecar. In 2015 the EPA said that converted vehicles must remain emissions-compliant, even though they are no longer driven on public streets or highways. Continue reading
Posted in environment, performance
Tagged auto industry commentary, autoinformed.com, automotive blog, Kenneth Zino, RPM Act of 2019, sema
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Shelby GT350, GT350R Heritage Packages on Sale
The 2020 Mustang Shelby GT350 has a starting MSRP of $60,440, plus taxes, title, delivery and license fees; GT350R has a starting MSRP of $73,435, plus taxes, title, delivery and license fees. The Heritage Edition Package is available for $1,965. Continue reading
Posted in new vehicle, performance
Tagged auto industry commentary, autoinformed.com, automotive blog, GT350R, Kenneth Zino, Shelby GT350
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Nissan Scandal – a Gift That Keeps on Giving – Executive Officer and Vice COO Jun Seki Unexpectedly Resigns
The Nissan Corporate governance crisis is ongoing and comes as Nissan has started its new management under Representative Executive Officer, president and CEO Makoto Uchida as of December 1, 2019. Seki was to be a key executive in administering the turn-around that seeks to halt slumping sales, confusing brand images and expensive incentive programs. Continue reading
Posted in fools 'n frauds, litigation, news analysis, people
Tagged auto industry commentary, autoinformed.com, Ghosn Matter, Jun Seki, Kenneth Zino, nissan
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SEMA Lawsuit – NHTSA Issues Draft Replica Car Rule
The FAST Act set a deadline of December 4, 2016, for the U.S. Department of Transportation’s National Highway Traffic Safety Administration (NHTSA) to issue any necessary regulations to implement the law. The agency sat on the legally required need for regulations in defiance of Congress. Sound familiar? Continue reading
PSA Group – Lease New Plug-In Hybrid and EVs at Free2move
“We are ideally placed to offer the wealth of forthcoming PSA LEVs to both existing and new customers, with DS Automobiles, Peugeot and Citroën having product available to order right now and Citroën in the near future,” claims Mark Pickles, General Manager, Free2Move Lease UK. Continue reading
Posted in electric vehicles, marketing
Tagged auto industry commentary, autoinformed.com, automotive blog, Free2Move Lease, Kenneth Zino, PSA LEVs, Vauxhaul, WLTP
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Volkswagen Debuts 34 New Models Worldwide in 2020
Next year the ID.31 goes on sale in the summer, followed by the ID.Next2, VW’s first electric SUV. Vehicles and the VW group are to achieve a carbon-neutral balance by 2050. CO2 emissions from production are to be halved by 2025. Ambitious and subject to the whims of bureaucrats in Brussels, Beijing and Washington. Continue reading
High-Speed Runs Finish McLaren Speedtail’s Development
Build of the first of 106 Speedtails that will be hand-assembled to customer order has now commenced at the McLaren Production Centre in Woking, UK, with deliveries scheduled from February 2020. Continue reading
Auto Industry Sets Record for Transaction Prices, Incentive Spending in December 2019. However, US Sales Falling?
The combination of record prices with overall sales means that consumers will spend $462 billion on new vehicles in 2019. This is up $8.4 billion from last year and marks the first time that expenditures will exceed $460 billion. Continue reading
Posted in economy, news analysis, sales
Tagged 2019 US Auto Sales, auto industry commentary, autoinformed.com, j.d power, Kenneth Zino
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Electronic Sales Process – Power Acquires Trilogy Automotive
This in theory expands the capabilities and reach of its existing offering so manufacturers and dealers to improve retail lead management programs. Trilogy Automotive’s patented technology ranges from custom and client driven to turnkey configuration, design and lead management systems. Trilogy has powered automotive companies such as Ford, GM, Nissan, Chrysler, Toyota, Hyundai, Kia, Volvo, Jaguar and AutoNation. Continue reading →