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Category Archives: results
Ford Motor 2018 US Sales drop -3.5% to 2.5 Million. Cars at 486,000 dive -18%. Trucks Up Again
The continued stronger mix of trucks and SUVs at Ford Motor meant an expanded transaction pricing for another new record of $38,400 in December, a $1,600 increase compared to December last year. This outperforms the industry average of a $470 increase for the overall industry at $34,000 per vehicle. Continue reading
Corporate Raiders After Ford Motor Stock at Deep Discount
Baker Mills’ offer price of $7.00 per share in cash is approximately ~17.84% lower than the $8.52 closing price of Ford common stock on Dec. 14, 2018, the last closing price prior to commencement of the offer. The markets are closed today. Continue reading
Toyota N. America Sales Flat in 2018. Truck Sales Set Record
For the year, TMNA reported sales of 2,426,672 vehicles, a -0.3% decrease on a volume basis and down -0.6 percent on a DSR basis. Continue reading
Mobility Company Capital Destruction. Latest German JV Attempts to Lessen Negative Effects on Shareholder Value
It’s just the latest example of the capital intensive, shareholder-value destroying transition to an ill-defined, but demonstrably expensive mobility company that all automakers are now pursuing. Continue reading
Posted in auto news, electric vehicles, environment, marketing, milestones, mobility company, new vehicle, news analysis
Tagged auto industry commentary, autoinformed, autoinformed.com, automotive blog, autonomous vehicles, bmw group, connected vehicles, daimler ag, Ken Zino, Mobility Company JV, new vehicle reviews
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Milk Run – McLaren 720s Spa 68 – a Three Car Set
The McLaren 720S Spa 68 Collection car is available from McLaren Brussels – two of the three are sold. Maybe more should have been built? Continue reading
Hyundai Motor Claims World’s First Smart Fingerprint Technology. Big Convenience or Electronic Big Brother?
To unlock the vehicle, the driver places a finger on the sensor located on the door handle. The encrypted fingerprint information will be identified and delivered to the fingerprint controller inside the vehicle. The driver can also easily start the vehicle by touching the ignition that is also equipped with a fingerprint scanning sensor. Continue reading
First Fully-Electric Freightliner eM2 to Penske Truck Leasing
Penske Truck Leasing is going to operate the electric truck in local distribution traffic in the Northwest Pacific and in California. During 2019, Penske Truck Leasing Corporation will receive in total 20 fully-electric Freightliner trucks: ten medium-duty eM2 and ten eCascadia for heavy-duty transportation. In total the Freightliner’s test fleet will include 30 vehicles. Continue reading
Posted in alternative fuels, electric vehicles, electronics, environment, fuel economy or emissions, milestones, new vehicle
Tagged auto industry commentary, autoinformed, autoinformed.com, automotive blog, connected vehicles, first fully electric Daimler Freightliner eM2, Ken Zino, new vehicle reviews
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British Car Manufacturing Declines -19.6% In November
While home production fell by -1.9% in the month, exports experienced a steeper -22.8% drop – falling for the fifth month in a row. Just over 105,000 cars were exported to global markets in November, still representing some eight in every 10 cars leaving British factories. Continue reading
Car Rental Rate Holiday Rip-Offs
Travelers in need of a rental car in Seattle this Christmas will pay a lot more than usual. According to a new survey from CheapCarRental.net, rental car rates have nearly quadrupled in the city for the holidays. Continue reading
2018 Auto Retail Sales Down. Transaction Prices Set Record
“Despite retail sales falling for the sixth consecutive month, the continued growth in transaction prices is allowing manufacturers to offset lower sales with higher revenue,” claims Thomas King, Senior Vice President of the Data and Analytics Division at J.D. Power. “Consumers are on pace to spend nearly $45 billion on autos in December, up 1% from last year and the highest level ever recorded.” Continue reading
European Court Annuls Real Driving Emissions Limits. Cleaner Diesel Deception Threatened. They Can Be Banned from Cities
Their argument is provocative: “While the European Commission did not seek to increase the headline 80 mg/km emissions limit for diesel vehicles, which must still be adhered to in the laboratory test, they granted “Conformity Factors” that in effect did increase the limits for the harder, on-road part of the test. As a result, all diesel vehicles only had to meet 168 mg/km by September 2019, falling to 114 mg/km by January 2021. This was in practice a large increase in the permissible emissions limit.” Continue reading
Japanese Scrooges Run Amok as Carlos Ghosn Re-Arrested. Christmas Locked Up for the Gaijin!
Prosecutors then re-arrested Ghosn on new charges in a sordid tale that goes back to Ghosn’s first arrest on 19 November 2018. Ghosn could now be in a tiny jail cell for another 10 days or more, where he has been locked up since last month on initial allegations of financial misconduct. Continue reading
Posted in AutoInformed Editorial, financial results, fools 'n frauds, litigation, news analysis, people
Tagged auto industry commentary, autoinformed, autoinformed.com, automotive blog, connected vehicles, Japanese corporate governance, Japanese legal abuses, Ken Zino, new vehicle reviews
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Nissan Mired in Japanese Corporate Governance Scandals
The latest development also casts doubt about the origination and integrity of a Nissan internal investigation into former Chairman Carlos Ghosn who is due to be released today after a month in Japanese jail for allegedly under reporting deferred income. Ghosn says he will vigorously defend his actions. Continue reading
Posted in fuel economy or emissions, news analysis, people, quality, recalls
Tagged auto industry commentary, autoinformed, autoinformed.com, automotive blog, connected vehicles, infrastructure, Japanese Ministry of Land, Ken Zino, new vehicle reviews, nissan, Nissan Emissions scandal, Transport and Tourism
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Ford Again Expands Takata Air Bag Recall to 1,000,000 Vehicles
This safety recall represents the addition of previously recalled vehicles to include more model years within the geographic zones defined earlier by National Highway Traffic Safety Administration. Continue reading →