Category Archives: economy

Volvo Cars Posts a -44% Group Earnings Drop in 2025

Posted on 5 February 2026 by Ken Zino

“Our actions in 2025 have set us on a path to return to growth. We are confident of our long-term strategy and clear direction of travel,” said Håkan Samuelsson, President and Chief Executive. During 2025, Chinese-owned Volvo Cars sold more than 710,000 cars, 46% of them electrified. Continue reading →

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U.S. Jobs – Trump Slump Continues

Posted on 5 February 2026 by Ken Zino

During the week ending 31 January 2026, the advance figure for seasonally adjusted initial unemployment claims was 231,000, an increase of 22,000 from the previous week’s unrevised level of 209,000. The 4-week moving average was 212,250, an increase of 6000 from the previous week’s unrevised average of 206,250, according to the latest statistics published by the U.S. Department of Labor (DOL) today. Total insured unemployment at 2,153,637 increased from 2,136,751 one year ago. Moreover, a key measure – vacancies, aka open or available jobs – dropped to 6.5 million in December, down from 6.9 million in November and the lowest since September 2020. Continue reading →

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Milestones – 40 Years for BMW Group Plant Regensburg

Posted on 3 February 2026 by Ken Zino

BMW Group Plant Regensburg* posted a a new production record of 356,901 vehicles during 2025, making it the BMW Group’s highest-volume car plant in Europe. Since the plant opened in 1986, 8.7 million vehicles have rolled off its production line.

“With this record production, we not only reached a new all-time high in the plant’s 40-year history but also – as in the previous year – helped the BMW Group’s German plants build more than one million vehicles again in 2025,” said Plant Director Armin Ebner. “For 40 years, the plant has been a central development powerhouse for the eastern Bavarian region. “Continuous and consistent efforts to increase our competitiveness remain the key to our success. Every single day in Regensburg, we demonstrate that competitive production is possible in Germany,” said Ebner. By implementing efficiency measures within its production system, BMW Group Plant Regensburg has lowered costs by more than a quarter since 2019. Continue reading →

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Brr Frozen January U.S. Auto Sales

Posted on 30 January 2026 by Ken Zino

“Weather-related impacts from cold weather and late-month winter storm activity will likely contribute to some of the mild January result,” said Chris Hopson, manager of North American light vehicle sales forecasting for S&P Global Mobility. “Setting up what could be some volatility for the monthly SAAR metric in the first half of 2026.”

Continued development of battery-electric vehicle sales remains increasingly uncertain. The auto policy implications of the so-called One Big Beautiful Bill Act (OBBBA or One Big BAD Bill at AutoInformed.com – AutoCrat) and developing new regulatory standards could further temper long-term BEV demand growth. Continue reading →

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GM to Layoff 500 Employees at Oshawa Assembly

Posted on 29 January 2026 by Ken Zino

General Motors (NYSE:GM) conformed today that Oshawa Assembly will return to two shifts of production beginning 2 February. However approximately 500 employees will be placed on layoff.

“Preparations continue at Oshawa Assembly to build the next generation of gas-powered full-size pickups, supported by a $280 million investment that reinforces Oshawa’s future in GM’s key full-size truck program,” GM said in a release. Continue reading →

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GM Spending $30M at Fairfax to Flex EV and ICE Making

Posted on 29 January 2026 by Ken Zino

“For us, this work is more than building vehicles – it’s building a legacy. General Motors has been a place where families grow their careers across generations, including my own,” Fairfax Plant Director Michael Youngs said. “The investment in people isn’t just about preparing for the production of new vehicles; it’s about giving our people the opportunity to build a future their families can be proud of.” Continue reading →

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EVs Outsell Internal Combustion Vehicles in EU!

Posted on 27 January 2026 by Ken Zino

EV sales outsold internal combustion vehicles in EU during December 2025, according to data published today by the European Automobile Manufacturers’ Association. Notably, Tesla at 150,504 dropped -38% for the year. Chinese maker BYD at 128,827 posted a 228% increase. [aka ACEA at AutoInformed after its original French name].* EV sales for the full year amounted to 17.4% of the European market. Continue reading →

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Pessimism on the Economy – A Pox on Both Parties

Posted on 23 January 2026 by Ken Zino

During January 2025, 70% of voters said that “inflation or costs of goods” were getting worse for people like them. One year later, that figure has remained largely unchanged, with 74% of voters now saying that inflation is getting worse, according to the latest polling this week by Data for Progress (DFP).

“Despite Trump’s campaign promises, voters’ perceptions of the economy have not improved since he took office. But in a warning sign for Democrats, voters are still largely split over which party has solutions to lower the cost of living,” said DFP. Continue reading →

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January 2026 U.S. Auto Sales Forecast Down

Posted on 23 January 2026 by Ken Zino

“January is historically the lowest volume sales month of the year and is also historically the least indicative of full-year sales performance. Nevertheless, January opens 2026 with a modest performance with retail sales expected to increase by 1317 units compared to a year ago,” said Thomas King, president of OEM solutions at J.D. Power. Continue reading →

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Global Warming – Michigan Studying Geologic Hydrogen

Posted on 16 January 2026 by Ken Zino

“Michigan is a leader in clean-energy solutions,” said Governor Whitmer. “This initiative will uncover more about Michigan’s geologic hydrogen stores, which have the potential to attract long-term investments in our state and create thousands of good paying jobs for Michiganders. Together, we’re building the future of clean energy in Michigan.” [Whether this prompts an Invasion by the Trump Administration remains to be seen – AutoCrat] Continue reading →

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Whitmer Stands in Stark Contrast to Trump at Detroit Auto Show

Posted on 15 January 2026 by Ken Zino

Michigan Governor Gretchen Whitmer spoke at the Detroit Auto Show today, discussing the impact of tariffs on Michigan’s economy, the importance of innovation and collaboration, and actions the state must take in 2026 to continue attracting business and creating good-paying local jobs amidst what was respectfully termed “national uncertainty.”

Unlike President Trump’s treatment of an autoworker during his Ford Motor River Rouge Plant visit in Dearborn, Michigan this week, where The Man Who Would Be King was caught on video flipping off a Ford worker [with the map of Manhattan – AutoCrat] while using gutter profanity, Whitmer was poised, pleasant, well-informed and inarguably committed to helping workers with a track record that proves it. Whitmer even had an announcement that will be good for all Michiganders, notwithstanding social status, wealth or power. Continue reading →

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American Honda Forecasts 2026 Sales as Flat

Posted on 14 January 2026 by Ken Zino

American Honda (7267.T and NYSE: HMC) today outlined its 2026 U.S. automobile business outlook during its annual media briefing. It also showed a prototype of the Honda Base Station, a towable travel trailer developed by engineers and designers at its U.S. R&D centers. Basically, the Japanese company is going to focus on lower cost models with package and trim changes because of the affordability crisis that is an industry-wide problem.* [The briefing also underscored another industry trend, the decline of traditional auto shows since it occurred during a media preview day of the Detroit Auto Show. -AutoCrat] Continue reading →

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BMW Group Sales Barely Increase in 2025

Posted on 9 January 2026 by Ken Zino

The BMW Group said today that vehicle sales grew in 2025 to 2,463,715(+0.5%) with resilient performance particularly in Europe and the US, and with electrified models. Electrified vehicles accounted for 26% of total BMW Group sales worldwide in 2025, with fully-electric vehicles representing ~18%. [The questions for 2026 are whether taxpayer subsidized EVs are salable without money on the hood so to speak in the U.S. How increased low-cost Chinese EVs in Europe affect premium brand sales, and the whim or dementia of the moment of the Trump Administration tax and tariff policies affect Global trade – AutoCrat?] Continue reading →

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UK New Car Registrations at 2M during 2025

Posted on 6 January 2026 by Ken Zino

The UK new car market grew for the third year in a row in 2025, passing the two million mark for the first time since the pandemic, with 2,020,520 new car registrations, according to the latest figures published today by the Society of Motor Manufacturers and Traders (SMMT).* Internal combustion engines remain the biggest selling powertrain but there remains growing demand for electrified cars with one in four buyers choosing electric vehicles. [There also continues industry lobbying demands to delay and use taxpayer subsidies to support the sales of EVs. -AutoCrat] Continue reading →

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Ford Motor 2025 U.S. Sales Posted at 2.2 Million

Posted on 6 January 2026 by Ken Zino

Ford Motor Company (NYSE: F) said today that it total deliveries for the year rose 6.0% to 2,204,124 vehicles, with an estimated overall market share of 13.2%. General Motors (NYSE: GM) said yesterday that it led the U.S. auto industry in sales in 2025, posting a 6% increase for the full year at 2,853,299 deliveries. [Ford Motor car sales for 2025 at 45,333 were only a fraction of the total as Ford continues to be predominately a truck company with products that are of limited appeal in major global markets. F-Series accounted for 828,832 of the total – AutoCrat.]

“This past year proved that Ford has the right product and powertrain offering for the lives of our customers,” said Andrew Frick, president, Ford Blue and Model e. “We’re growing share and beating the trend because we offer a great range of products, from accessible entry-level models to high-performance off-roaders. Our growth across record hybrid sales shows that our ‘power of choice’ approach — offering gas, hybrid, and electric — is exactly what consumers are looking for right now.” Continue reading →

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