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- Record Auction Price – €135m for Mercedes-Benz 300 SLR
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- EU Passenger Car Sales Drop 21% in April
- Europe’s Diesel Car Problem – 20% of the Market!
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- Honda Title Sponsor of the 2022 F1 Japanese Grand Prix
- Restricted Sale of Genesis GV60 EV Starts Today at $60,000
- A Closer Look at Biden’s 49 MPG CAFE Standard
- Mercedes-Benz USA – Stop Driving ML, GL, R-Class Vehicles
- CBO – Taxpayer Cost is $31B for Troubled Asset Relief Program
- Nissan Posts First Annual Profit in Three Years.
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- Mercedes-Benz to Increase Focus as a Luxury Car Company | AutoInformed on Mercedes-Benz Group Posts Some Strong 2021 Results
- Lamborghini Joining IMSA GTP LMDh in 2024 | AutoInformed on Endurance Racing – Alpine Signatech in LMDh from 2024
- Record Auction Price – €135m for Mercedes-Benz 300 SLR | AutoInformed on Must See! Virtual Viral Tour of Mercedes Museum
- Jeffrey Marentic of Ford on NHTSA Consumer Advisory – 2021 Expedition, Navigator Fires
- NHTSA Consumer Alert on Mercedes-Benz USA – Stop Driving ML, GL, R-Class Vehicles
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Category Archives: economy
Transportation Unemployment Rate Below Pre-Pandemic Level
The April 2022 rate fell 3.9 percentage points from 7.5% in April 2021 and decreased close to the pre-pandemic April level of 3.7% in April 2019. Unemployment in the transportation sector reached its highest level during the COVID-19 pandemic (15.7%) in May and July 2020 under the policies of the voted-out Trump mis-administration. Continue reading
Auto Loan, Lease Total at Record $1.3 Trillion during 2021
“Auto finance growth in 2021 was largely driven by strong – and expensive – used cars, which bolstered originations,” said Marcie Belles, author of the report… “many financiers recorded lower ratios of new cars in their portfolios. Still, origination volume has been nearly restored to pre-COVID levels, and it continues to climb.” Continue reading
Posted in economy, news analysis, prices, sales
Tagged auto industry commentary, autoinformed.com, Big Wheels Auto Finance, Ken Zino, Marcie Belles
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Commerce Releases Plan to Boost America’s Competitiveness
While Commerce has revised its mission statement to underscore the connection between its programs and all Americans, specifically the Department’s mission is to create the conditions for economic growth and opportunity for all communities, AutoInformed thinks it’s going to take a lot more than publicity releases. What needs to happen in our view is to accomplish real change and have resentful people not only endorse and help in its implementation, but also to recognize that government can make things better for the common good despite the abject failures of the previous Administration to do so. Since Ronald Reagan the Republican party has said government is the problem while proving exactly that under successive Republican mis-administrations. Continue reading
Renault Group Industrial Activities in Russia Suspended
Renault Group had previously taken the necessary measures to comply with international sanctions. However, President Biden is known to be pushing for further sanctions, and is visiting the EU in Brussels today, and then going to Poland. Continue reading
CBO – Taxpayer Cost is $31B for Troubled Asset Relief Program
To AutoInformed’s knowledge not one person at the firms responsible has been successfully prosecuted for what was rampant financial fraud that caused the housing and stock markets to collapse as the ratings agencies paid by the swindlers continued to claim the complex financial instruments issued were investment grade when they were indeed junk. Junk bonds – never has a financial instrument so honestly been named. Continue reading →