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Category Archives: news
BMW North America Q2 US Sales: BMW -18.3%, Mini -45%
We are pleased that demand remains strong, however this quarter was not without its challenges, as our sales were constricted only by the limitations of available inventory,” said Sebastian Mackensen, President and CEO, BMW of North America. Continue reading
Posted in economy, sales
Tagged auto industry commentary, autoinformed.com, Ken Zino, Sebastian Mackensen
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Subaru of America June Sales Flat, Q2 -18%
Subaru also reported year-to-date sales of 263,795, a -17.9 % decrease compared with the same period in 2021. Subaru said it continues to face inventory challenges as the result of microchip and supply chain issues affecting automakers globally. Continue reading
Posted in economy, sales
Tagged auto industry commentary, autoinformed.com, Ken Zino, Thomas J. Doll
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Hyundai Motor America June Sales Down -12.9%
June was the highest sales month in 2022.Hyundai sold 184,191 units in Q2 and 343,867 units during the first half of 2022. Hyundai had no fleet sales in the first half of 2022. Continue reading
Posted in economy, sales
Tagged auto industry commentary, autoinformed.com, Ken Zino, Kia America June sales, Randy Parker
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GM Q2 US Sales Down -15%
“GM’s sales and market share have grown each of the last three quarters, even with lingering supply chain disruptions,” said Steve Carlisle, GM executive vice president and president, North America. “Our long-term momentum will continue to build thanks to the launches of groundbreaking new EVs like the GMC HUMMER EV and Cadillac LYRIQ, and the tremendous customer response to the Chevrolet Silverado and GMC Sierra,” claimed Carlisle. Continue reading
Posted in economy, sales
Tagged auto industry commentary, autoinformed.com, Ken Zino, Steve Carlisle
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Toyota Motor North America June US Sales Down -17.9%
“Despite the ongoing inventory challenges, so far this year, we launched a number of highly anticipated new products, including the Toyota battery electric bZ4X, Tundra and hybrid Tundra, and the Lexus LX, while continuing to closely focus on taking care of our customers,” said Jack Hollis, executive vice president, Sales, TMNA. Continue reading
Posted in economy, sales
Tagged auto industry commentary, autoinformed.com, Jack Hollis, Ken Zino, TMNA
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More Stellantis Startup Ventures Coming
Stellantis, the mega-merger of FCA and PSA, claims it will be “the industry champion in the fight against climate change, reaching carbon net zero emissions by 2038.” The revised and sweeping and difficult plan as presented is aspirational and similar to other global automaker’s plans as the deadly effects of climate change continue to worsen. Carlos Tavares, Chief Executive Officer, will share the Company’s latest strategic moves. Continue reading
Hyundai Ioniq 5 Top Safety Pick+ from IIHS
The 2022 Ioniq 5 standard front crash prevention system earns superior ratings in the vehicle-to-vehicle and vehicle-to-pedestrian evaluations. The SEL and Limited trims come equipped with good-rated LED projector headlights, while the SE trim comes with LED reflectors that earn an acceptable rating. The award applies to vehicles built after December 2021, when Hyundai made changes to the front seats that could affect the head restraint evaluation. Continue reading
Posted in electric vehicles, safety
Tagged auto industry commentary, autoinformed.com, Hyundai Ioniq 5 EV, iihs, Ken Zino
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GM Expands EV First Responder Training in US, Canada
This program is focused on responders but potentially also benefits drivers involved in incidents. This is a continuation of GM-led education efforts that began more than a decade ago with the introduction of the Chevrolet Volt. With plans to have the capacity to build more than 1 million EVs by 2025, GM continues to increase investments in areas that will enable mass adoption and support those who play a role in the deployment of electrified technology. Continue reading
Posted in electric vehicles, safety
Tagged auto industry commentary, autoinformed.com, Joe McLaine, Ken Zino
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Marco Fioravanti is New Nissan Americas VP Product Planning
Fioravanti has been with Nissan for more than nine years in a variety of positions, including Product Strategy & Planning in Switzerland and France, as well as Product Marketing at global headquarters in Japan. Continue reading
Posted in people
Tagged auto industry commentary, autoinformed.com, Ken Zino, Marco Fioravanti
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Hyundai Motor Ioniq 6 EV Partly Revealed
The interior was developed simultaneously with the exterior. “Efforts were made to maximize and optimize the interior space, stretching it at the front and rear, resulting in a unique streamliner silhouette and spacious interior,” said Hyundai. To AutoInformed, it is strikingly similar to the Mercedes-Benz EQS Continue reading
Vehicle Quality Flaws at 36-Year Record High
Initial vehicle quality drastically declined setting a record, according to the J.D. Power 2022 U.S. Initial Quality StudySM (IQS)*. The disruptions caused by the pandemic: supply chain issues, record-high vehicle prices and personnel dislocations, contributed to quality woes. Compared with … Continue reading
Bentley Mulliner to Build 12 New 1929-30 Le Mans Winners
The most successful Bentley racing car of its era, the Speed Six is one of the most important Bentleys in history, not only further demonstrating the marque’s world-beating performance credentials but also proving the concept of what is still known as the Grand Tourer – a fast car that remained comfortable and luxurious, and capable of covering huge distances with ease. Continue reading
US June Vehicle Sales Forecast is Down on Record Prices
New-vehicle retail sales in Q2 2022 are projected to reach 2,977,300 units, a 23.3% decrease from Q2 2021 when adjusted for selling days. New-vehicle retail sales for the first six months 2022 are projected to reach 5,827,300 units, a 19.1% decrease from the first six months of 2021 when adjusted for selling days. The first half of 2021 was an all-time record for retail sales. Power/LMC make no note of the Federal Reserve Board, which appears to be dedicated to sending and keeping the economy in a recession. Continue reading
Posted in economy, sales
Tagged auto industry commentary, autoinformed.com, J.D. Power and LMC Automotive, Ken Zino, Thomas King
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Volkswagen of America Q2 Sales Down -34% at 78,281
The sales disaster went without comment from Volkswagen, which might mirror VW’s sentiments about the American market where it has been struggling for a long time. Continue reading →