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Category Archives: results
A New Leaf – Nissan Takes Electricity to Pay for Parking
The Nissan Pavilion opens to the public tomorrow. Nissan says the payment system is “just one of the many innovations customers can experience at the Pavilion, built to show how Nissan moves people to a better world.” Continue reading
Ford Motor Q2- Sales Drop -53%. Debt Grows $10B
Analysts, a mysterious species to AutoInformed were surprised and delighted. AutoInformed noted an ongoing warranty cost disaster, which is a management failure not a Covid issue. It remains troubling as Ford is introducing increasingly complex vehicles. Continue reading
Posted in economy, financial results, news analysis, results
Tagged Argo AI, auto industry commentary, autoinformed, autoinformed.com, Ford Motor Earnings, Ken Zino
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Lordstown and Lithium. A New GM Constellation is Rising
Back in March GM revealed a third-generation global EV platform powered by proprietary “Ultium” batteries. GM claimed it will allow the company to compete for almost every customer in the market today, whether they are looking for affordable transportation, a luxury experience, work trucks or a high-performance machine. A space that is largely occupied by Tesla, which caught all global automakers napping. Covid 19 has complicated launch plans across the industry and timing on such projects is unstable. Continue reading
GM Loses $800 Million in Covid Q2. NA Sales Drop -62%
However, GM post-bankruptcy is in a stronger position – financially and with a wiser, faster acting management team – than it was when Wall Street speculation sent global markets plummeting in 2008-2009. The deep recession that ensued was turned around by the Obama Administration, but the non-protected classes in lower income and racially harassed populations never recovered. Continue reading
Posted in financial results, news analysis, results
Tagged auto industry commentary, autoinformed, autoinformed.com, COVID-19, GM Q2 2020, Ken Zino
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Vehicle Love is Blind in Latest APEAL Study
The so-called APEAL Study Power contends measures an owner’s “emotional attachment to their new vehicle and in what areas that vehicle may not be delivering on all the positive experiences that were hoped for.” (Automotive Performance, Execution and Layout Study) Continue reading
Daimler Reports Ugly Q2 2020 Results as Sales Drop -34%
The Group’s total sales decreased by -34% to 541,800 passenger cars and commercial vehicles (Q2 2019: 821,700). Revenue slipped significantly by -29% to €30.2 billion (Q2 2019: €42.7 billion). EBIT was minus -€1,682 million (Q2 2019: minus -€1,558 million). Adjusted EBIT, reflecting the underlying business, was minus -€708 million (Q2 2019: plus €2,447 million). Continue reading
Posted in economy, financial results, results
Tagged auto industry commentary, autoinformed, autoinformed.com, COVID-19, Daimler Q2 results, Ken Zino
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Porsche Global Sales Drop -12% at 116,964 Through June
China remains the sports car manufacturer’s largest single market in terms of volume. In addition, Korea and Japan were strong markets in the region with sales of 4,242 and 3,675 units respectively, each showing double-digit growth rates over the prior year. 32,312 cars were supplied to European customers. In the US, Porsche supplied 24,186 cars between January and June – a -20% drop – under the fumbling Trump administration’s failure to address the COVID crisis. Continue reading
Posted in economy, results, sales
Tagged auto industry commentary, autoinformed, autoinformed.com, COVID-19, Ken Zino, porsche sales
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Ford Motor – Three More Safety Recalls in N.A.
It’s the latest example of how electronics can be adversely affected by poor designs that wreak havoc on customer satisfaction. Continue reading
Posted in customer satisfaction, quality, recalls, safety
Tagged auto industry commentary, autoinformed, autoinformed.com, ford recalls, Ken Zino, nhtsa
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Bye Bye FCA and PSA. Hello Stellantis
The Stellantis name will be used exclusively at the Group level, as a Corporate brand. The next step in the process will be the unveiling of a logo that with the name will become the corporate brand identity. The names and the logos of the Stellantis Group’s basic brands will remain unchanged. What actually happens to the brands is an entirely different matter. Continue reading
Census Bureau on Trump Economy
The Census Numbers are grim on the economy and its effects on voters. Continue reading
District of Columbia,15 States to Completely Wipe Out Toxic Diesel Fumes By 2050 in New MOU
While trucks and buses only account for 4% of vehicles on the road, they are responsible for ~25% of total transportation sector greenhouse gas emissions. Included in the sweeping reform are large pickup trucks and vans, delivery trucks, box trucks, school and transit buses, and long-haul delivery trucks (big-rigs). Continue reading
Toyota Plating Machine Significantly Reduces CO2
This new stamping-type plating machine eliminates the need of a dipping process where parts to be plated are completely immersed in multiple baths of plating solution, which is required in the most common plating processes at present. As a result, waste solution can be dramatically reduced to about one-thirtieth and CO2 emissions to about one-third, which contributes to a significant reduction in environmental impact. The technology also reduces plating time and the process footprint. Continue reading
Toyota Recalls 266k More Prius Models for Stalling
Toyota will notify owners, and dealers will perform a software update for the hybrid system. If the vehicle has experienced an inverter failure with hybrid system faults, the inverter assembly will be repaired or replaced, prior to software update. Continue reading
Posted in electric vehicles, quality, recalls, safety
Tagged auto industry commentary, autoinformed.com, Ken Zino, nhtsa, Prius recalls
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Xpeng Now Delivering P7 Intelligent EV Sports Sedan
The P7 claims cutting-edge autonomous vehicle and electric vehicle technology. On paper it’s formidable. P7 arrives as the Trump Administration is being outflanked in a trade war that Trump started and is losing. Continue reading
Carvana Q2 Results – Sales, Revenue Up by Double Digits
“It is still hard to say exactly how powerful the effects of all of this will be in the long run, but based on the data we see, we believe the long-term opportunity of the business is even larger than we previously thought… Continue reading →