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- National Safety Council – 12% Drop in 2025 Traffic Fatalities
- Penske Automotive Group Buys Lexus Dealerships in Florida
- Rear-Wheel Lockup Recall on 2020-22 GM Diesel Pickups
- Transmission Failures – Toyota Recalls 2025-26 Lexus LX600s
- Nissan Rogue Recall for Engine Failures and Fires
- Trump Tariff Flops – December Goods Trade Deficit Up $15.7B
- Tennessee Triumph – VW Workers Ratify UAW Contract!
- Sting Operations Hit ~550 CDL Training Schools
- Average Gallon Price for Gasoline Drops Slightly, But…
- February 2026 U.S. Vehicle Sales Forecast is Down Again
- Sustainable Energy in America – Mixed Progress in 2025
- GM Canada – C$63M Outlay in Oshawa Assembly
- EV Owner Satisfaction at New High Amid Sales Slump
- Audi Revolut F1 Team and Fanwear Launched
- Toyota bZ Woodland Mid-Size SUV EV Priced at $45,300
Recent Comments
- Michigan Governor Whitmer on Pew – Confidence in Trump Dips, Fewer Support His Policies
- Porsche Motorsport Daytona Victory on Daytona 24 Hours – Old and New Stars Getting Ready to Run
- UAW Ford Department Director VP Laura Dickerson on Trump's Ford Plant Visit on Whitmer Stands in Stark Contrast to Trump at Detroit Auto Show
- Ken Zino on Ford Fuel Injector Leak Recall Now at ~694,000
- Laverne Oliver on Ford Fuel Injector Leak Recall Now at ~694,000
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Category Archives: economy
New FCA Italy Covid Credit Line €6.3 billion
FCA is Italy’s largest industrial group, directly employing 55,000 people at its 16 plants and 26 dedicated R&D sites. In addition, more than 200,000 further jobs in highly specialized Italian supplier businesses are linked to the successful continuity of the FCA’s operations. A further 120,000 jobs at 12,000 enterprises of all sizes in the distribution and services sectors also support the Italian automotive industry. Continue reading
Pennsylvania Sues Carlisle to Stop Swap Meet
Carlisle Events appears to be in a tenuous legal position since it asked for a waiver on June 9, 2020, according to the suit. Then never filed a response to inquiries about how guidelines would be followed. Continue reading
Posted in economy, environment, litigation, news analysis, people, safety
Tagged auto industry commentary, autoinformed.com, Carlisle Swap Meet, COVID-19, Ken Zino
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Fed – May Retail Sales Far Below Earlier Levels
The extent of the downturn and the pace of recovery remain extraordinarily uncertain and will depend in large part on our success in containing the virus. We all want to get back to normal, but a full recovery is unlikely to occur until people are confident that it is safe to reengage in a broad range of activities,” Powell warned today after a meeting of the board of governors. Continue reading
COVID-19 Ups Auto Use, Mass Transit Drops
An unintended but not surprising effect of the COVID-19 plague see the use of mass transit plummeting as driving use remains resilient, consultancy LMC reports this morning, “As US states and European countries come out of lockdown, a pronounced preference … Continue reading
Penske Automotive – May Business Improving
“Since the COVID-19 pandemic began impacting operations in the second half of March, we took actions to reduce costs and preserve our liquidity position. Based on these actions, I expect further improvements to our operating results in June and into the second half of the year as the economy continues to recover,” said Penske Automotive Group CEO Roger Penske. Continue reading
Posted in economy, news analysis
Tagged auto industry commentary, autoinformed.com, COVID-19, Ken Zino, penske automotive group
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May US Budget Deficit, Gulp, $424 Billion
The federal budget deficit in May was $424 billion, about double the amount in the same month last year, the Congressional Budget Office estimates. That increase stems from the economic disruption caused by the 2020 corona virus pandemic and from … Continue reading
COVID-nomics – Plague Meets the Dreary Science
The UK consumer new car finance market reported new business volumes 97% lower in April 2020 compared with the same month in 2019, and a fall of 37% in the first four months of 2020. The percentage of private new car sales financed by FLA members was 94.5% in the twelve months to April 2020. Continue reading
Posted in economy, environment, financial results
Tagged auto industry commentary, autoinformed.com, COVID-19, Kenneth Zino, public health
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US International Trade Deficit Soars in April to $50 Billion
The US international trade deficit in goods and services increased to $49.4 billion in April from $42.3 billion in, as exports and imports saw their largest monthly declines in history. It is the latest indicator that economy is struggling during the COVID-19 crisis according to Commerce Department data. The bad news increases if you consider the unemployment crisis. Continue reading
Auto Assembly Plant Restarts – Yes, Maybe and Unknown
FCA, GM, and Volkswagen announced planned to restart production at four plants during the week of 31 May 2020. Continue reading
Unions Protest Nissan Closure of Catalan Factories
The unions claim that in Europe there is a firm commitment to a New Green Deal, with a direct injection of one hundred billion euros and a private contribution of 250,000 million more. An important part will go to sustainable mobility. They feel that Nissan is missing an opportunity to get support for a shift towards electric vehicles, smart driving, and shared mobility. Continue reading
Honda Sets Records for Auto Production in China
The Trump Administration denied there was problem. In fact, President said that Covid would go away by April. And even now is falsely maintaining that its response could not have been better as unemployment is approaching Great Depression levels and more than 100,000 people have died… Continue reading
Nissan Posts -¥671.2 Billion Loss for Fiscal Year 2019
During fiscal year 2019, consolidated net revenue declined to ¥9.8789 trillion yen, resulting in an operating loss of ¥40.5 billion yen and a net loss1 of -¥ 671.2 billion. This includes costs associated with restructuring and impairments of ¥603.0 billion as Nissan tried to improve operational and efficiency improvements. Free cash flow for the automotive business was, gulp, negative -¥641.0 billion. Continue reading
Graveyard Whistling? UK Auto Calls to Re-Open Showrooms
The move at first glance appears to a bad one given the scope of the COVID-19 crisis in the UK and the ineptness of the response from 10 Downing street. Coronavirus Cases are currently listed at 254,195, with 36,393 Deaths. These numbers are most assuredly understated given the complications and perhaps political interference in the reporting system – a global problem Continue reading
US COVID-19 Crisis = Struggles with Healthcare, Housing, Food
The results might be skewed positive to current Republican Wishful thinking, rather than stark reality since the Trump Administration perverted the Bureau as part of a failed ploy on Republican Repression of Voters by dictating unprecedented questions on the Census designed to discourage less affluent people from participating. Continue reading
Global Vehicle Sales Improve but COVID Wave 2 Lurks
This now looks like a long shot to AutoInformed with the US leading the way in spreading new infections and fatalities from the maskless and clueless Trump misadministration. In the US, a repetition of the ‘cash for clunkers’ scheme could potentially lift sales, “but this has yet to be fully debated or agreed,” says LMC. Continue reading →