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Category Archives: results
ASEAN Light Vehicle Sales Up Slightly
The Indonesian LV market closed the quarter with 233,000 units sold, marking a sharp 13% drop from Q1 2018, with almost every automaker declining. The best performance was recorded by Isuzu (+776 units), led by the new TRAGA Truck, which launched in Q2 last year. Continue reading
Posted in economy, sales
Tagged auto industry commentary, autoinformed.com, automotive blog, indonesia, Ken Zino, LMC group, Q1 ASEAN sales, thailand
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CARB – Cleaner Fuels Replace 3 Billion Gallons of Dirty Diesel
“Renewable and bio-diesel, renewable natural gas, ethanol, and electricity are all seeing growth under the LCFS,” said CARB Executive officer Richard W. Corey. “These are key reasons why other states and nations are establishing similar programs.” Continue reading
Posted in alternative fuels, economy, environment, fuel economy or emissions
Tagged auto industry commentary, autoinformed.com, automotive blog, dirty diesel fuel, greenhouse gases, Ken Zino, Low Carbon Fuel Standard, Trump Withdrawal of California Waiver and Preemption of ZEV by EPCA
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Ford Recalls Ranger, Fusion for Shifter Cable Safety Defects
In both cases, the shift indicator will read falsely, and the driver may be able to remove the key when the unsafe vehicle is not in “Park.” Ford claims that it is aware of three reports alleging property damage and one report alleging an injury potentially related to this safety defect. Continue reading
Posted in quality, recalls, safety
Tagged auto industry commentary, autoinformed.com, automotive blog, ford recalls, fusion recalls, Ken Zino, nhtsa, Ranger recalls
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McLaren GT – Grand Tourer in the £163,000 Pound Class
Positioned alongside the existing Sports, Super and Ultimate Series families, this McLaren is for a new audience – it’s hoped – providing an “alternative to existing products in an expanding market segment.” Continue reading
Renault, Klépierre Join on Shopping Center Mobility Services
Groupe Renault and Klépierre are also developing multi-use charging hubs for electric vehicles, dubbed “Charging Houses or Maisons de charge.” These stations will be installed by Groupe Renault in the car parks of shopping centers located in high population areas and will be used primarily by visitors during the day and residents at night and on weekends. Continue reading
Ford GoRide Health Launches First Public Service
GoRide Health is operating in Toledo now, with service coming to Cincinnati, Cleveland and Columbus by the end of the year. Later this year, the business plans to begin offering its services in major cities in Florida, beginning with Miami. In 2020, it plans to expand to several other states, including North Carolina, Louisiana, Texas, and California. Continue reading
For What It’s Worth – Harley-Davidson Tops Response Ratings
Scores ranged from zero to 100, with 21% of dealerships nationwide scoring above 60%; 58% of scored below 40. Whether this means anything is debatable. Continue reading
The Product Liability Swamp – Louisiana Ford Investigation
Beginning in January 2018*, several consumer class action lawsuits were filed against Ford on numerous grounds, including fraud and racketeering, based on alleged misrepresentations it made regarding the emissions standards of certain Ford vehicles including 2011-2017 F250 and F350 Super Duty trucks when promoting and marketing them. Allegedly the vehicles with the help of Robert Bosch employed “defeat devices” to turn down emissions controls to give Ford the ability to obtain and market higher power and fuel efficiency ratings from its engines while still passing emissions certifications tests. Continue reading
Hispanics and Millennials – Big Changes in 2020 Electorate
Non-whites will account for a third of eligible voters – their largest share ever – driven by long-term increases among certain groups, especially Hispanics. At the same time, one-in-ten eligible voters will be members of Generation Z, the Americans who will be between the ages 18 and 23 next year. That will occur as Millennials and all other older generations account for a smaller share of eligible voters than they did in 2016. Continue reading
GM Soft Q1 Income of $2.1B as N.A., International Decline
The only core business bright spot is the sales of expensive pickup trucks, which GM claims will really jump-start earnings during the second half of the year, if – big if – markedly increased production from RAM and Ford, rising gas prices and a sluggish economy don’t alter the current celebratory mood. Continue reading
Posted in financial results
Tagged auto industry commentary, autoinformed.com, automotive blog, gm q1, Ken Zino, uaw
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GM Declares Quarterly Dividend of 38 Cents
The dividend is payable Friday, June 21, 2019, to all common shareholders of record at the close of business on Friday, June 7, 2019. Continue reading
Ford Motor Q1 Results Improve Somewhat
Overall Ford continues to struggle finding a balance between global operations, product mix, manufacturing efficiency, shareholder returns and changing into an automobility company that can compete with old industry giants and emerging new ones such as Lyft, Google and Uber. Continue reading
Milestones: 10 years of the Porsche Panamera Sedan
No modest hype from what used to be a race car purveyor. IT was positioned as “Like no other car in the luxury car class, this model combines the performance one would expect from a sports car with the luxury and versatility of a touring saloon.” (Milestones – 500,000 Porsche Cayenne Made in Leipzig) Continue reading
Government Trust at / or Near Historic Low Levels
Trust in government began eroding during the 1960s, amid the escalation of the Vietnam War, and the decline continued in the 1970s with the Watergate scandal and worsening economic struggles. Continue reading
Speedway Motorsports Ownership Scuffle Underway
Whether this is simply a legal ploy that allows the Smith family to take over the Speedway at a bargain price by demonstrating due diligence, or just exhaust noise designed to talk the stock up remains to be seen. Continue reading →