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Category Archives: results
Toyota Motor North America Reports December 2020 Sales Increase 22.9%. Yearly Sales Drop -11.3%
For the year, Toyota reported sales of 1,837,900 vehicles, down 11.9% on a volume basis and down 12.4% on a DSR basis. Lexus division posted December sales of 38,223 vehicles, up 8.2% on a volume basis and down 3.4% on a DSR basis. For the year, Lexus reported sales of 275,041 vehicles, down 7.7% on a volume basis and down 8.3% on a DSR basis. Continue reading
Posted in economy, results, sales
Tagged auto industry commentary, autoinformed, autoinformed.com, Ken Zino, Toyota Motor North America
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Ford Motor 2020 US Sales Plunge -16%
For the year Ford sales dropped -15.6%. Ford sales were hurt by lower F-150 inventories from the ongoing consequences of the Q2 coronavirus production stoppage, which resulted in an awful F-150 transition to a revised pickup. Super Duty sales maintained pace and were up 14.1% while F-150 sales were off, gulp, -32.7%, which will make for a grim Q4 2020 financial loss. At the moment Ford executives appear to be in the automotive industry equivalent of an FBI witness protection program – no more sales results press conferences. Continue reading
Posted in economy, results, sales
Tagged auto industry commentary, autoinformed, autoinformed.com, Ford Motor 2020 US sales, Ken Zino
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GM 2020 US Sales – Infected by Covid – Are Down -12%
However, on Tuesday it was agreed by most of OPEC that it will keep production stable while Saudi Arabia offered to make a big voluntary cut. The price of oil, as well as when – or if – the US economy recovers are external factors beyond GM’s control that could stop the chortling in Detroit. Continue reading
VW Beetle Ensnared in Takata Airbag Recall
VW maintains that the Takata SDI-D driver frontal airbag inflators installed in the recalled vehicles currently do not pose an unreasonable risk to motor vehicle safety to drivers of affected vehicles. “Based on its prior conversations with NHTSA, Volkswagen understands that the Agency is concerned that after additional time, the airbag inflator may not perform properly in the event of a crash,” VW said. Continue reading
Miss Shilling’s Orifice Fixed Merlin Engines on Spitfires
In one of those odd and startling connections, we are in a war now against Covid that will require the collective sacrifice and patriotism that was on display during the British battle and subsequently – in another parallel – our struggles under the Roosevelt Administration that followed a demonstrably incompetent Republican one. Continue reading
Small Business Pulse Weak – Large Negative Covid Effects
A tip of the AutoInformed racing helmet to Census Bureau employees for doing their jobs whilst under constant and ongoing attacks from the Republicans and COVID19. Help is on the way for others, but it took the election of President Biden to signal the beginning of the beginning of recovery on 20 January 2021 at noon. Better late than never. But for the suffering it’s small compensation for enduring a President for four years who – based on his actions in office was unemployed all the while being pampered, housed, fed and subsidized – aka welfare for the rich – by taxpayers he disdains. Continue reading
Droning On: FAA Belatedly Issues Unmanned Aircraft Regs. Bits of Aircraft Rules Pilots Obey Now Will Eventually Apply
These rules come at a time when drones are the fastest-growing segment in the entire transportation sector – with currently more than 1.7 million drone registrations and 203,000 FAA “certificated” (not even close to what private pilots must know on the FAA written test) remote pilots. Continue reading
Honda Recalls a Recall on 2002-06 CR-V Models for Fire Hazard
What started out as a recall on CR-V power window master switches has resulted in a recall of that recall because the recall fix (NHTSA ID 12V-486) of applying butyl tape to seal the power window master switch (PWMS) from moisture was “insufficient.” Continue reading
Honda Recalls 737,000 Accord, Insight Cars for Bad Software
These Hondas fail to comply with Federal Motor Vehicle Safety Standard (FMVSS) number 103, “Windshield Defrosting and Defogging Systems” and number 111, “Rear Visibility” as well as FMVSS numbers 104, 108, 114, 118, and 305. Continue reading
Posted in customer satisfaction, quality, recalls
Tagged auto industry commentary, autoinformed, autoinformed.com, honda recalls, Ken Zino, nhtsa
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November EU Commercial Vehicle Sales Flat. YTD -20%
Year-to-date reflects the ongoing Covid catastrophe. Sales at 1.5 million units were down -20.3% 11 months into 2020. All EU27 markets – including the four major ones – have recorded double-digit declines so far in 2020, although less steep than in the preceding months: Spain (-28.4%), France (-18.4%), Germany (-16.3%) and Italy (-15.6%). Continue reading
Posted in economy, sales
Tagged acea, auto industry commentary, autoinformed, autoinformed.com, COVID-19, eu commercial vehicle sales, Ken Zino
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Ford Motor Announces Safety Defect Recalls on 2020-21 Ford Explorers, E-Series, and Lincoln Aviators
Ford Motor Company issued three safety recalls in North America this morning. Recalled are 2021 Ford E-Series vehicles with the 7.3-liter engine, as well as 2020-21 Ford Explorer and Lincoln Aviator SUVs. Continue reading
COVID Changes – Digital Auto Lending Infected
“The pandemic has severely disrupted dealer-lender communication, with many dealers reporting that lenders were delayed or not available when they needed them, or not able to assist in a timely manner,” said Patrick Roosenberg, director of automotive finance intelligence at J.D. Power. This of course begs the question of there’s another solution – such as borrowers dealing directly digitally with lenders, which will eliminate a lucrative profit center at dealerships. Continue reading
COVID Changes – Porsche Starts Online Car Sales in Europe
The dealers in the nine countries offer most of their new and used cars on the platform. These include standard variants of the Porsche models as well as rare derivatives. There are also plans to further expand the platform, claims Porsche, who is dependent on dealers for distribution unlike Tesla. Continue reading
Posted in marketing, milestones, sales
Tagged auto industry commentary, autoinformed, autoinformed.com, Ken Zino, online selling, Porsche online
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EU – Truck Makers Agree to Be Fossil-Fuel-Free By 2040
This is a bold move considering that ~97% of new European trucks sold are powered with diesel engines. It also underscores a growing movement of citizen voters who hold corporations accountable for negative social effects produced by their goods and services. The incoming President Biden Administration has promised to address environmental issues mocked by loser Trump and has already said it will rejoin l’accord de Paris. This agreement is within the United Nations Framework Convention on Climate Change (UNFCCC), dealing with greenhouse-gas-emissions mitigation. AutoInformed thinks that it is only a question of time before a similar deal is put in place in the US. Continue reading
Posted in alternative fuels, electric vehicles, energy, environment, milestones, news analysis, transportation
Tagged auto industry commentary, autoinformed, autoinformed.com, European Automobile Manufacturers’ Association, Henrik Henriksson, Ken Zino, Potsdam Institute for Climate Impact Research
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Volkswagen of America Q4 Sales up 11%, 2020 Sales Down 10%
However, VW year-to date sales of 325,784 were down 10% from 2019. The YTD SUV share of sales was 58% or 188,121. It was the best December since 2012 with sales of 38,432 up 38%. Continue reading →