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Goodyear, Just Tires Offer “Zero Contact” Service
This new service is in addition to the preventative measures previously announced. These include a reduction in store hours, as well as enhanced disinfection, visitor protocols and physical distancing according to guidance from the Centers for Disease Control and Prevention. Continue reading
Airbag Shrapnel at Nissan Prompts Recall of 216,678
The rupture may result in metal fragments striking the driver or other occupants resulting in serious injury or death. The so-called PSDI-5D inflator – no surprise here – was made by now bankrupt Takata at Monclova, Mexico. How long Nissan new about the deadly defect is unknown. In the required NHTSA filing, it said the Chronology will be supplied later. Continue reading
Corona Crisis – March UK New Car Registrations Fall -44.4%
The performance represented a steeper fall than during the 2009 financial crisis and the worst March since the late nineties when the market changed to the bi-annual plate change system. With lock-downs taking place in many European countries earlier than the UK, even more dramatic falls have been reported elsewhere, with Italy down -85%, France -72% and Spain down -69% in March. Continue reading
IMSA: Chevrolet Detroit Grand Prix Canceled for 2020
The International Motor Sports Association (IMSA) received official notification today from the organizers of the Chevrolet Detroit Grand Prix that this year’s event, scheduled from May 29-30, has been canceled for 2020. Continue reading
US Trade Deficit $39.9 Billion in February
March, given an economy in free-fall, will see a bigger decrease in the deficit, but that’s not good news. Roughly two-thirds of the US economy comes from consumer spending. Yesterday, the Labor Department reported that a record number of 6.6 million people applied for unemployment last week. During the last two weeks more than 10 million people in the US were out of work. That should take your breathe away – sadly like Corona virus. Continue reading
Posted in economy, milestones, people
Tagged auto industry commentary, autoinformed.com, COVID-19 denials, COVID-19 Pandemic, Kenneth Zino
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GM and Honda to Jointly Develop Honda Electric Vehicles
As part of the agreement, Honda will incorporate GM’s OnStar safety and security services into the two EVs, integrating them with HondaLink. Additionally, Honda plans to make GM’s hands-free advanced driver-assist technology available. Continue reading
Volkswagen of America’s Q1 Sales Drop -13%. March Off -42%
In fact, SUV share of sales -Atlas and Tiguan – in Q1 2020 were 50% of the 75,075 deliveries reported. Continue reading
FCA US Reports Q1 Sales Drop -10%
FCA US reported a 10% decline in its first-quarter sales as the positive momentum in January and February was more than offset by the country’s unpreparedness for the ongoing coronavirus that is still running rampant. For the quarter, U.S. sales were 446,768 vehicles compared with 498,425 for the same period a year earlier. Retail sales were 306,898 vehicles for the quarter. Fleet accounted for 31% of total sales. Continue reading
Posted in economy, environment, sales
Tagged auto industry commentary, autoinformed.com, COVID-19 Pandemic, FCA ORE, FCA Q1 US Sales, Kenneth Zino
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GM First-Quarter U.S. Sales Drop -7% to 618,335
President Trump admitted yesterday that the US is looking at a painful two weeks of deaths from the COVID-19 virus. Public health experts have been less optimistic. The GM announcement comes as all of the Detroit Three have postponed resumption of vehicle production due in part to the UAW demanding safe work spaces. Unbelievable that there are still states without shelter-in-place orders. Continue reading
Posted in economy, environment, manufacturing, safety, sales
Tagged auto industry commentary, autoinformed.com, COVID-19 Pandemic, gm sales, Kenneth Zino
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RumbleOn Posts 2019 Loss. Cancels Guidance
Executive summary from AutoInformed: RumbleOn has ambitious plans with more than $840 million in revenue in 2019, but what is arguably a national brand is facing the ongoing contraction (collapse?) of the U.S. economy. Continue reading
Audi A6 Hybrid Vehicles Recalled for Short Circuits, Fires
A fire in a railway container in China last December with 2 new Audi vehicles started a chain of events that lead to this global recall. Audi investigations with Valeo the supplier on the root cause, possible contributing factors and affected production period ensued. Continue reading
2020 NAIAS Canceled. TCF Center to be Field Hospital. Michigan’s COVID Crisis had Little Federal Help
“With the more than 100 convention centers and facilities around the country being considered to potentially serve as hospitals, it became clear to us that TCF Center would be an inevitable option to serve as a care facility to satisfy our community’s urgent health needs,” said NAIAS Executive Director Rod Alberts. Continue reading
Italian Metalworkers Strike to Halt Non-Essential Production
It is AutoInformed’s view a clear demonstration of strong support for union appeals both in Lombardy and at the national level, demanding the closing of all non-essential production activities. Continue reading
Porsche “Gives” Employees A Voluntary Bonus
Porsche* is combining an optional bonus to its employees with an appeal for donations to support the “Porsche aid” program. The bonus of €9,000 Euro will be paid out to the Porsche workforce for the 2019 financial year; €700 will … Continue reading →