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Category Archives: economy
GM to Invest $22 Million in Spring Hill for Big V8 Engines
GM’s so-called Dynamic Fuel Management technology is the industry’s first cylinder deactivation technology that enables the fuel thirsty big engines to operate in 17 different cylinder patterns to optimize performance. DFM enables only the cylinders needed to deliver the power that an engine control computer thinks is needed. Continue reading
No Recharging or Refueling Infrastructure for Euro Trucks Exist
The European Automobile Manufacturers’ Association (aka ACEA) has published data on the “severe lack of recharging and refueling infrastructure suitable for electric and other alternatively-powered trucks” in the EU. AutoInformed views this under the category of “legislate in haste; repent during a long leisure” of the unemployed workers caused by ruined economies. Continue reading
Posted in alternative fuels, economy, environment, fuel economy or emissions, milestones, news analysis
Tagged auto industry commentary, autoinformed, autoinformed.com, automotive blog, connected vehicles, european commission, Ken Zino, new vehicle reviews, the European Parliament, Truck CO2 regulations
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Volkswagen and Ford Announce Alliance Without Cross Equity
The history of such industry collaborations is difficult and littered with road kill. The problem is whether the two global giants and hundreds of thousands of workers can walk in step together or stumble over each other. Continue reading
Posted in auto news, economy, engineering, financial results, manufacturing, marketing, mobility company, new vehicle, news analysis
Tagged auto industry commentary, autoinformed, autoinformed.com, automotive blog, CEO, connected vehicles, Dr. Herbert Diess, Dr. Thomas Sedran, Ford Motor Company, Jim Farley, Jim Hackett, Ken Zino, new vehicle reviews, Volkswagen AG, Volkswagen Commercial Vehicles
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GM Projects Strong Earnings, Improved Cash Flow in 2019
In 2019, despite a diminishing car market, GM expects the overall U.S. market to remain strong, projecting total industry sales in the low 17-million range. The company will benefit from a full year of volume from GM’s all-new Chevrolet Silverado and GMC Sierra light-duty full-size pickups. The trucks have contributed to retail market share growth in the light- duty pickup segment every month since August, with average transaction prices that have surpassed those of key competitors. Continue reading
Posted in economy, electric vehicles, financial results, news analysis
Tagged auto industry commentary, autoinformed, autoinformed.com, automotive blog, connected vehicles, cruise, GM 2019 business plan, GM 2019 Earnings forecast, gm china, gm earnings, honda, Ken Zino, new vehicle reviews
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Ford Motor 2018 US Sales drop -3.5% to 2.5 Million. Cars at 486,000 dive -18%. Trucks Up Again
The continued stronger mix of trucks and SUVs at Ford Motor meant an expanded transaction pricing for another new record of $38,400 in December, a $1,600 increase compared to December last year. This outperforms the industry average of a $470 increase for the overall industry at $34,000 per vehicle. Continue reading
Corporate Raiders After Ford Motor Stock at Deep Discount
Baker Mills’ offer price of $7.00 per share in cash is approximately ~17.84% lower than the $8.52 closing price of Ford common stock on Dec. 14, 2018, the last closing price prior to commencement of the offer. The markets are closed today. Continue reading
Germany Drops Hard Coal After 200 Years
In 2007, the social partners in German coal industry reached a deal to phase out hard coal production by 2018. However, fossil fuels still account for an important part of the energy mix, and the lignite, or brown coal, produced in Germany still derives a part of it. Continue reading
Volkswagen Offers First Look at Mobile Charging Station
The mobile charging station works like a power bank does with smartphones, but for electric vehicles instead. The charging capacity of up to 360 kWh enables up to 15 e-vehicles, including members of Volkswagen’s new ID line to be charged in stand-alone operation. Continue reading
Geely moves Closer to Owning AB Volvo. Chinese Company Owns the Car Brand and Is Buying Into the Truck Business.
China’s Geely Holding [GEELY.UL], owner of the Volvo car brand, is buying an 8.2% stake in Volvo (VOLVb.ST) from Cevian Capital. This is worth more than $3 billion at market prices. This makes Geely the biggest individual shareholder in AB Volvo and second ranked in terms of voting rights behind Swedish investment firm Industrivarden (INDUa.ST). Continue reading
November Used Vehicle Prices Drop for Third Month
Some of the worst losses are in the luxury mid-size car segment, which has seen steady year-over-year declines since 2012. Prices for this segment are expected to decline by more than 7% annually. Continue reading
British Car Manufacturing Declines -19.6% In November
While home production fell by -1.9% in the month, exports experienced a steeper -22.8% drop – falling for the fifth month in a row. Just over 105,000 cars were exported to global markets in November, still representing some eight in every 10 cars leaving British factories. Continue reading
The GM Grinch that Stole Christmas, or Did It?
There will be a 15% reduction in GM’s salaried workforce, the closing of the Lordstown and Detroit-Hamtramck assembly plants in the US and the Oshawa complex in Canada in 2019. Baltimore Operations and Warren Transmission plants will also be shut down in 2019. The arrival of year-end auto sales data makes things clearer in the view of consultancy LMC. Continue reading
Posted in auto news, autonomous vehicles, car sharing, economy, labor issues, manufacturing, marketing, mobility company, news analysis
Tagged auto industry commentary, autoinformed, autoinformed.com, automotive blog, connected vehicles, General Motor restructuring, Ken Zino, lmc, new vehicle reviews, plant closings
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Trump Record Deficit Watch – Another Proposed Increase
More than a year ago, President Trump pledged to eliminate the national debt “over a period of eight years.” But for the first time in history, the national debt surpassed $21 trillion, while Trump is facing 17 criminal investigations, another presidential record. Continue reading
US Public’s 2019 Priorities: Economy, Health Care, Education, Security. Republicans batting .200 or Less?
This is one of the most pessimistic year-ahead outlooks over the past several administrations, matching the 71% who expected more partisan opposition in 2015, following the 2014 midterm elections. Majorities of both Republicans (78%) and Democrats (67%) think partisans in Washington will bicker and oppose one another more than usual this year Continue reading →