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Category Archives: results
NASCAR Ends Denial of COVID-19 Pandemic
NASCAR has finally decided to postpone the race events at Atlanta Motor Speedway this weekend and Homestead-Miami Speedway next weekend. Continue reading
COVID-19: Globally – Ford Motor Employees to Work Remotely
“In recent days, though, we concluded the issue has taken on a different dimension,” said Ford, “ and (we )are continuing to act in real time to keep our people safe and help limit the spread of the virus in communities where we live and work… Continue reading
National Debt Projections – Off the Chart Before COVID-19
Debt held by the public is a measure that indicates the extent to which federal borrowing affects the availability of private funds for other borrowers. All else being equal, an increase in government borrowing reduces the amount of money available to other borrowers, putting upward pressure on interest rates and reducing private investment. It is the measure of debt most often used by CBO in its reports on the budget. The cost of growing debt increases the finance payments of new and used vehicles. Continue reading
Posted in economy, financial results, results
Tagged auto industry commentary, autoinformed.com, cbo, Kenneth Zino, Tax Cut Deficit, US National Debt
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NASCAR Bans Fans at Races
Just a day after insisting that it would hold racing as usual with slight tweaks to protect the drivers from COVID-19, NASCAR has admitted partially that more steps are necessary to acknowledges the growing crisis and public health threat. Continue reading
Coronavirus Disease 2019 (COVID-19) in the US
CDC is recording an outbreak of respiratory illness caused by a novel (new) coronavirus, aka COVID-19. The Data are at least one day old and note comprehensive. Continue reading
Posted in customer satisfaction, economy, news analysis, people
Tagged auto industry commentary, autoinformed.com, COVID-19, Kenneth Zino
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NASCAR Still Racing So Far, Buffers and Restrictions Added
NASCAR has added an infectious disease specialist to its consulting physician group to provide technical assistance and to inform policy. In following with these discussions and guidance from this counsel, NASCAR is implementing several adjustments to race event operations effective this weekend at Atlanta and remaining in effect indefinitely. Continue reading
Ford Recalls a Recall on 2019 Ranger Pickup for Fires
Ford Motor Company today is issuing a safety recall for 2019 Ford Ranger vehicles that were previously recalled as the company’s quality woes continue. Continue reading
COVID-19 Chaos as LMC Automotive Cuts Global Light Vehicle Sales Forecast by 3.7 Million Units
Whether you believe there is a public overreaction or that COVID-19 is actually a public health crisis headed for pandemic status, there is no denying the expected negative impact it will have on the economy and auto industry. Continue reading
Online Car Buying Trends
“We’ve amassed a wealth of data from the 177,549 cars we sold online in 2019, providing valuable insights for our industry-first report of online car buying,” said Ernie Garcia, Carvana founder and CEO. Continue reading
Posted in marketing, sales
Tagged auto industry commentary, autoinformed.com, automotive blog, Carvana, Kenneth Zino
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Sulfur Fumes Cause Mercedes ABS and ESP Safety Recall?
The electrical contact of a resistor might be impaired due to sulfur fumes originating from the axle oil. Due to a development “deviation” at the supplier Tollo Linear of Sweden, a batch of electrical resistors don’t meet the requirements for chemical resistance. Continue reading
Trump Deficit Growing: $625 Billion FYTD – $80B Higher YoY
Net interest on the public debt rose by $5 billion (or 17%), mostly because of a different rate of inflation. Continue reading
Tire Wear Emissions 1000 Times More Than Exhaust Emissions
Non-exhaust emissions (NEE) are particles released into the air from brake wear, tire wear, road surface wear and re-suspension of road dust during vehicle operation. No legislation is in place to limit or reduce NEE, but they affect air quality. Continue reading
US Trade Deficit Continues at $45 Billion a Month
The drop in imports portends shortages, which could harm both consumer and business spending. The coronavirus epidemic has upset businesses and production in China, with an extension of the Lunar Year holidays cutting output in an effort by the Chinese government to constrain its spread. This likely will be repeated in the US economy as the epidemic spreads here. It’s too soon to see the potential negative effects on the auto industry, but disruptions are likely given China, South Korea and Mexican trade in automotive goods. Continue reading
Volkswagen Group Posts 2019 Profit Despite Diesel Charges
The earnings announcement on Friday came with an agreement to pay 830 million euro ($912 million) in damages to hundreds of thousands of customers whose diesel cars were outfitted with software that illegally falsified emissions readings. Continue reading
Daimler Postpones Annual Shareholders’ Meeting
Daimler said in a statement just issued that the worldwide spread of the coronavirus ( aka COVID-19 or SARS-CoV-2) as well as The Robert Koch Institute and the responsible health authorities in Germany are assuming that the number of infections will increase significantly in the coming weeks. Continue reading →