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Category Archives: results
Nissan CEO Hiroto Saikawa Forced Out Over Ghosn Matter
The move comes following a report from the beleaguered company’s Audit Committee that recognizes several instances of misconduct from the findings of the internal investigation that is only partially available publicly in filtered form. On May 14, 2019, Nissan belatedly issued numerous amendments to its past annual securities reports, correcting director compensation figures to reflect the amounts that should originally have been disclosed. Continue reading
Western European Car Registrations Fall by -8.5%
“We suspect that last month’s strong sales may have been the result of an increased use of self-registrations by dealers and OEMs, ahead of further changes to WLTP regulations which came into effect on 1 September, and we may therefore see some payback in selling rates in the coming months,” says LMC. Continue reading
Posted in economy, news analysis, sales
Tagged auto industry commentary, autoinformed.com, automotive blog, eu, Ken Zino, lmc
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Ferdinand Piëch – German Autocrat, Industrialist – Dead at 82
Porsche’s attempt to take over Volkswagen Group, ironically, ultimately resulted in exactly the opposite with Volkswagen Group swallowing the performance vehicle maker whole when the leveraged funds of the pursuer ran into the brick wall of the Great Recession and margin calls in 2009. Continue reading
California Climate Investments – $900 Million in Projects
After two of California’s worst fire seasons on record, California Climate Investments is helping to pay for nearly 70 forest-health and wildfire-prevention projects, including many forest-adjacent communities in the wildland-urban interface. Continue reading
My Friend Jim Dunne
It had it all – Detroit Royalty surprised, hot cars, and a globally saleable glamour shot. Yes, Jim Dunne had it – he was the sine qua non of an entire category of journalism – automotive spy photography. Continue reading
Posted in auto news, blog, milestones, news, news analysis, people, shows and events
Tagged auto industry commentary, autoinformed.com, jim dunne, Ken Zino, spy photography
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July Global Vehicles Sales Drop More Than 3M
Consumers appear to be choosing to save instead of spending amid global uncertainty. Continue reading
Posted in economy, sales
Tagged auto industry commentary, autoinformed.com, July Global Vehicles Sales, Ken Zino, LMC group
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Carvana Launches First Vending Machine in California
Customers that choose to pick up their vehicle at the Car Vending Machine are greeted by a Customer Advocate and receive a commemorative, oversized Carvana coin to activate the fully automated vending process, taking only minutes to complete the transaction compared to hours spent at the dealership. Continue reading
EV Charging Stations Surpass Fuel Stations in UK
n fewer less than 100 years since the UK’s first petrol pump was installed there are now ~1,000 more public places to charge electric cars than there are forecourts to pump petrol – 9,300 EV charging locations compared to 8,400 fuel stations. Continue reading
FCA Q2 Earnings – Net profit at €0.8B. Trouble Ahead?
With the first financial results since an attempt to merge with France’s Renault, FCA said its adjusted earnings before interest and tax (EBIT) would top last year’s 6.7 billion euros ($7.5 billion). It also said it continues the quest for partners. Previously it promised to deliver 2020 adjusted earnings before interest and tax (EBIT), excluding the Magneti Marelli unit it sold, of €9.2-10.4 billion. Continue reading
Posted in economy, financial results
Tagged auto industry commentary, autoinformed.com, automotive blog, earnings, FCA Q2, Ken Zino
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Eaton Links with KPIT on Electrified Mobility Technologies
In March 2018, Eaton announced the formation of its eMobility business unit for electrified vehicles. The eMobility business works in three primary areas for both automotive and commercial vehicle customers: intelligent power electronics, power systems, and advanced power distribution and circuit protection. Continue reading
Mulliner Completely Re-Creates 1939 Bentley Corniche
The original Corniche was lost in France in 1939 at the outbreak of World War II. It was extensively damaged in a traffic accident whilst undergoing road tests in France in August 1939. Sent for repairs, the chassis made it home to the Bentley plant in Derby, but the bodywork was destroyed in a bombing raid on Dieppe later in 1939 and was never seen again. Continue reading
30 Senators Asking Automakers to Join California Fuel-Economy Agreement in Defiance of Trump’s EPA
“In the absence of an agreement between the Federal government and states, the California agreement is a commonsense framework that provides flexibility to the industry to meet tailpipe standards while also taking important steps to reduce greenhouse gas emissions and save money on fuel for consumers,” the senators wrote. Continue reading
California, Automakers Defying Trump Agree on Emissions
On April 13, 2018, however, the Trump Administration took the first step toward dismantling the national program when it issued a revised final determination that alleged the federal greenhouse gas standards for model year 2022-2025 vehicles were no longer appropriate.kxhw@aol.com Continue reading
Electric Vehicle Charging Emissions – Good and Better?
As more renewable energy gets added to traditionally fossil-fueled power grids, real-time emissions rates are increasingly exhibiting large swings from clean to dirty and vice versa from one moment to the next. This is a well-known and classic EV problem. They are in fact Elsewhere Emissions Vehicles. Continue reading →