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Category Archives: results
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
Goodyear to Release High Efficiency and Extreme Traction Tire
Scheduled to be publicly released later this year on the Peugeot 2008, 3008, 5008, DS3 Crossback, and DS7 Crossback models, the avanced tire has traction to meet the severe snow 3PMSF requirement while also delivering rolling resistance performance as an A-class tire. This allows both premium traction and premium fuel efficiency – a benefit from rolling resistance performance. Continue reading
US February Retail Vehicle Sales to Surpass a Million
“Last year it took until September for the industry to reach the current spend levels,” King noted. “While the coronavirus has had no meaningful effect on production yet, it does have the potential to reduce overall inventory levels and lower the need for continued elevated incentives. If unhealthy inventory levels persist throughout the year, however, manufacturers may be faced with spend levels that are pacing towards $5,000 by next year.” Continue reading
Posted in economy, sales
Tagged auto industry commentary, autoinformed.com, automotive blog, j.d power, Kenneth Zino, lmc automotive
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Wells Fargo to Pay $500 Million for Misleading Investors
Wells Fargo has agreed to pay $500 million to settle the charges, which will be returned to investors. The $500 million payment is part of a combined $3 billion settlement with the SEC and the Department of Justice. Continue reading
Daimler Facing Profit and Sales Declines Reorganizes
“This will have a negative impact on our earnings in 2020 and 2021. To remain successful in the future, we must therefore act now and significantly increase our financial strength.” Continue reading
Aston Martin Valkyrie: Formula One Drivers Get First Laps
Each verification prototype – there will be eight built – is exposed to a variety of tests to develop and validate specific attributes that contribute to achieving the performance of what Aston boasts will be the world’s fastest ever road-going hypercar, with a price to match. Continue reading
EU Passenger Car Registrations Decline in January 2020
ACEA claims that major taxation changes announced by some EU member states for 2020 pulled registrations forward into December 2019, explaining the January drop. Continue reading
Posted in economy, sales
Tagged 2020 Geneva Motor Show, auto industry commentary, autoinformed.com, Czinger 21C, eu sales, Kenneth Zino
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U.S. Sales in 2020 – SUVs Will Govern a Down Market?
Compact SUVs during 2019 were the largest segment in the US and declined with the slowing market with a 19.2% share. For 2020, LMC forecasts 20%, thanks to the first full year of sales of the new Ford Escape as well as the ongoing popularity of the Toyota RAV4 and Honda CR-V. Continue reading
Data Retrieval Via a Universal Onboard Diagnostic Adapter
Carly’s Universal Adapter is available to purchase for $79.90. The annual subscription ranges from free to $64, depending on the car brand and feature you’d like to use, and offers unlimited access to all features and updates supported by your car. The Carly app is available on both the Apple and Google Play stores. 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 →