-
Recent Posts
- Ford Motor Eliminates Model E in Profit Seeking About Face
- Wadda You Say? Personalized Sound at Nissan, Infiniti
- Bye Sauber – Hi Audi Revolut F1 Team
- Pre-Owned Vehicle Marketing – Stellantis, Cox Automotive
- Chinese Junk Watch Death Risk – Luyuan Youth ATVs
- ICE Vehicle Mobile Apps – Wide Satisfaction Differences
- Sports Betting Tax Revenues Soaring
- IndyCar Cheating – New Independent Officiating for 2026 Series
- Ford Expands Mustang Cup USA Series in 2026
- GM Canada Leadership Change – Jack Uppal new President
- Toyota Enhances Arizona Proving Ground
- Happy Nightmare! Holiday Travel to Set New Record
- First Look – $34,995 Subaru Uncharted EV
- Stellantis and Bolt Partner on Driverless Mobility
- Detroit Auto Show – Official U.S. Route 66 Centennial Project
Recent Comments
- Magna on its Share Repurchase Plan in reference to on Magna Posts Solid Q3 2025 Earnings Gain
- Daniel Ricciardo Global Ford Racing Ambassador on Ford Performance Rebranded as Ford Racing
- Gen 3 2026 Nissan Leaf Less than $30,000? | AutoInformed on Milestones – Nissan Begins Assembly of 2013 LEAF EV in Tennessee
- ACSI – Customer Satisfaction with Autos Dropping | AutoInformed on New DOGE Scorecard Announced to Track Trump
- Cadillac Off-Roader – Elevated Velocity | AutoInformed on Annals of Marketing – Cadillac Opulent Velocity Concept EV
Archives
Meta
Category Archives: financial results
GM Reports 2017 Q1 Net Income of $2.6 Billion – up +33.5%
During the first quarter, GM delivered globally 2,343,773 vehicles, -34,261 or -1.4%. In the U.S., it delivered 689,521 total vehicles, with a 16% increase in crossover deliveries and a 3% increase in truck deliveries. However, truck and SUVs are not resulting in incremental sales but rather hurting the sales of cars. Continue reading
New Car Dealership Employment Sets Record in 2016
“Total dealership employment has consistently risen every year since the Great Recession,” said NADA Chief Economist Steven Szakaly. “In addition, hundreds of thousands of other local jobs are dependent on dealerships.” Continue reading
Posted in economy, financial results
Tagged autoinformed, autoinformed.com, car service, Dealership Employment, Ken Zino, nada, recalls, warranty
Leave a comment
Greenlight or Red Light – GM Proxy Fight Coming?
In the filing, Greenlight – a $10 billion investment firm – said in essence that GM lied when it asserted that a credit downgrade was possible if the stock were split into two classes. Greenlight also said it repeats its request that GM has denied on numerous occasions to consent for Greenlight to speak directly to the rating agencies about the Plan so that it can be accurately evaluated by a formal rating committee. Continue reading
Daimler Group Q1 EBIT Significantly Better Than Expectations
Daimler Group AG (ticker: DAI) has achieved a Group EBIT* for Q1 of 2017 that is significantly above market expectations. Group EBIT of €4,008 million surpassed Q1 2016 at €2,148 million. All figures are preliminary and unaudited. Continue reading
Trump on Track for Largest Deficits in U.S. History.
At 77 % of gross domestic product (GDP), federal debt held by the public is now at its highest level since the end of World War II. The Congressional Budget Office in an extremely detailed report concludes that despite considerable uncertainty of long-term projections, debt as a percentage of GDP would probably be greater – likely, much greater – than it is today if current laws remained generally unchanged. Continue reading
GM Dismisses Greenlight Stock Split and Directors Plan
General Motors (NYSE: GM) said that its Board of Directors and management have “thoroughly analyzed and rejected” a non-binding stock split proposal that Greenlight Capital intends to submit for a vote at GM’s 2017 annual meeting of shareholders. The proposal … Continue reading
Posted in financial results, news analysis
Leave a comment
SEAT Sets Profit Record of €143m in 2016
Worldwide sales were nearly 410,000 vehicles. SEAT is a member of the Volkswagen Group, the multinational has its headquarters in Martorell (Barcelona), exporting 81% of its vehicles in over 80 countries through a network of 1,700 dealerships. Continue reading
Posted in financial results, manufacturing, marketing
Tagged autoinformed, autoinformed.com, Ken Zino, seat, SEAT Profit Record, volkswagen group
Leave a comment
Daimler at China Development Forum – Pure Money, Politics
In China, through its government-dictated cooperation with local partners, China continued to be the largest individual sales market globally for Mercedes-Benz Cars in 2016. Continue reading
General Motors Sells Opel/Vauxhall to PSA Group for €2.2B
The deal includes all of Opel/Vauxhall’s automotive operations, comprising Opel and Vauxhall brands, six assembly and five component manufacturing facilities, one engineering center (Rüsselsheim, Deutschland) and approximately 40,000 employees. GM will retain the engineering center in Torino, Italy. Continue reading
GM to Announce Sale of Opel/Vauxhall this Monday with Investors’ Call and a Press Conference
If the deal goes through, it would mean GM’s presence in Europe would be limited to niche sales of Cadillac, and Chevrolet Camaro and Corvette models – all of them exports. PSA is the third largest automaker in Europe behind Renault. Volkswagen Group leads in Europe PSA Group’s sales were 1,930,000 vehicles and increased by 3.6% in 2016. In 2016, global sales increased by 5.8%, to 3,146,000 units. Continue reading
Win, Win? GM to Sell Opel to PSA
The combined volume of the groups could exceed current second-placed Renault-Nissan but would still be well short of market leader VW group. Continue reading
General Motors Posts Record 2016 Results
General Motors (NYSE: GM) today announced record full-year 2016 results from strong retail demand for full-size trucks and SUVs in the United States, continued industry growth in China and what it termed as “effective cost performance across the globe.” I Continue reading
Posted in financial results, milestones
Tagged autoinformed, autoinformed.com, GM Earnings Q4 2016, GM Q4 2016, gm sales, Ken Zino
1 Comment
Ford Motor Says 2017 Profit Will be Lower Than 2016
The bad news is that the ongoing increase of incentives, longer loan terms, growing sub-prime lending – including on trucks – and the fact Ford can’t give away a car in the U.S. is potentially troubling. Helped by incentives of more than $8,000 at year end, the Ford F-Series pickup retained its title as the best-selling vehicle in the land at 820,799. Predicting lower performance for 2017 is a warning that won’t help Ford’s weak share price. Continue reading
Ghosn Defends Mitsubishi Bailout in Face of Criticism
Call it a “one barrel of a two-barrel shotgun wedding.” This is a giant roll of the dice with Carlos Ghosn betting on numerous “come” lines. Continue reading
