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Category Archives: results
Stellantis 2021 Annual Meeting Yeas €1 Billion Cash Payout
The distribution will be paid out of the capital repayment reserve that was created by a reduction of the nominal value of the Stellantis common shares in connection with the Faurecia distribution, previously approved by the Extraordinary General Meeting of Shareholders. Continue reading
Mustang – World’s Best-Selling Sports Car, Sports Coupe Titles
The United States remains the strongest global market for Mustang, representing ~75% of total sales. Texas (8,600 vehicles), California (6,200 vehicles) and Florida (5,864 vehicles) remain the top markets. Supporting “bit roles” in Mustang retaining its title were increased sales in various European markets. Continue reading
Posted in sales
Tagged auto industry commentary, autoinformed, autoinformed.com, ford mustang, Ken Zino
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Honda, Acura Recall 628,000 Vehicles for Fuel Pump Failures
Affected vehicles – now all 628,000 – may be equipped with a fuel pump module manufactured with low density impellers from the supplier Denso. If the surface of a lower density impeller is exposed to production solvent drying for longer periods of time, higher levels of surface cracking may occur. Continue reading
US March Vehicle Sales Rebound. Beating the COVID Reaper?
March 2021 sales were likely increased by delayed sales caused by harsh February winter weather. Then there’s the increase from stimulus checks following the passage of the Biden administration’s COVID-19 relief bill, which no Republican voted for. Continue reading
Posted in news analysis, sales
Tagged auto industry commentary, autoinformed, autoinformed.com, j.d power, Ken Zino, nada
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Ford Motor Recalls 2020-21 Lincoln Aviators for Bad Software
The image processing module may be intermittently unable to provide a video feed to the display screen. This could result in a loss of the rearview camera image when the vehicle is in reverse. Continue reading
2020-21 GMC Savana, Chevrolet Express Recalled for Fire Risk
NHTSA immediately issued a critical Recall Safety Alert given the grave nature of this safety defect. NHTSA said, “Until these recalled vehicles have been repaired, the safest place to park them is outside and away from homes and other structures.” Continue reading
NHTSA Warns Hyundai, Genesis Owners to Park Outside Away from Buildings Because of Computer Module Fires
The anti-lock brake system modules could malfunction internally and cause an electrical short over time, potentially resulting in an engine compartment fire while parked or driving. “Until these recalled vehicles have been repaired, the safest place to park them is outside and away from homes and other structures,” NHTSA said. Continue reading
Wheels Falling Off New Nissan Rogues
The safety defect was caused by an equipment programming error. Rogue vehicles may have been manufactured with the incorrect wheel nuts. The correct wheel nuts used on the Rogue are the conical nut type. The incorrect wheel nuts that may be installed are the flat washer type. Continue reading
Hummer EV Edition 1 Raises $2.5 Million at Auction for Charity
Established to honor the memory of Sept. 11 first-responder Stephen Siller, the foundation builds mortgage-free, accessible smart homes for the most catastrophically-injured veterans. Continue reading
Covid Curse – EU Sales Drop 19% in February, -22% YTD
With 771,486 units registered across the EU region, according to ACEA, this marked the lowest February total on record since 2013. All four major EU markets recorded losses last month. Italy posted the smallest drop (-12.3%), while the other markets faced stronger deterioration: Germany (-19.0%), France (-20.9%) and Spain (-38.4%). Continue reading
Posted in economy, sales
Tagged acea, auto industry commentary, autoinformed, autoinformed.com, Covid, Ken Zino
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Ford Motor Recalls Millions More Takata Airbags after NHTSA Denies Petition. Separately, Continental Tires Also Recalled
In the affected Takata vehicles, the driver-side front airbag inflators were installed as original equipment and contain a calcium sulfate desiccant, which differed in design from the earlier recalled Takata airbag inflators that spewed shrapnel into a vehicle’s interior. Takata determined that desiccated propellant in these inflators may also degrade after long-term exposure to high humidity and temperature cycling, which could cause an inflator to rupture during airbag deployment. Continue reading
2020 Dealer Service Visits Drop 6%. EV Owners Dissatisfied
On average, there’s nearly twice as much maintenance work being done during dealer service visits than repair work. However, the maintenance-to-repair ratio for BEV owners is nearly an even split. While more complex service repair work usually results in lower customer satisfaction than does maintenance work, the opposite is true for BEV owners Continue reading
Winter Storms Clobber Texas Small Businesses Unduly
There were, however, no questions about their impact on Cancun Ted Cruz’s taxpayer funded vacation that was widely documented in the media. Consider that it’s while designed to measure changing business conditions during the coronavirus pandemic, the SBPS also captures the impact of natural disasters on small business. The picture above documents the damage Texas Governments did to their own small businesses. Continue reading
Toyota Recalls 280,000 Venza Models for Defective Side Airbags
The Venza models are equipped with an airbag sensor installed in the driver- side front door. The sensor is connected to the Supplemental Restraint System Electronic Control Unit by a pair of twisted wires in a Yazaki North America supplied harness routed from the door to the vehicle body through a grommet. Because of a larger difference between the wire harness length and grommet length, there is a tighter bending radius for the wire harness inside the grommet. Continue reading →