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Honda R&D Americas Expanding Raymond Ohio
Workers at the Raymond, Ohio, R&D center – Honda’s second-largest R&D center in the world – are responsible for creating advanced technologies and automobile and powersports products for Honda and Acura customers in North America and global markets. Continue reading
Global Light Vehicle Sales Fall Again in November
The Chinese LV market continues to slow down, “a major source of concern given the importance of this market to global sales.” Other regions are also struggling, with YoY losses in Europe and North America, though selling rates remain robust in North America. Continue reading
Making the Budget Deficit Great Again. November at $203 billion. Interest for Debt up $5 Billion
Not that it matters according to traditional Republican double-speak, such gigantic deficits are only a problem if they occur when the Democrats are in power. When Republicans cut taxes for the wealthiest and run up huge deficits it’s – don’t laugh – good for the economy. Worse, the federal budget deficit was $303 billion for the first two months of fiscal year 2019, says CBO. Continue reading
Ghosn, Kelly and Nissan Motor Corp. Indicted for Violating The Japan Financial Instruments and Exchange Act
Thus – as predicted – this case, besides from revealing the rift between Nissan and its European partner Renault that saved it from bankruptcy, has cast a cold beam of light on Japanese corporate governance – or is that non-governance? – practices. Continue reading
Auto Loans – Payments Higher, Subprime Lending Lower
Some look to vehicle affordability trends – or lack thereof – as a driving force behind consumer choices. The monthly payments for new and used vehicles again reached record highs in Q3 – $530 and $381, respectively – and the gap between new and used monthly payments continues to widen, reaching $149. The difference between leasing and buying on roughly the top Ten sellers is about $100 a month less for leasing. The average loan is now 72 months, but consumers on average change vehicle every 34-36 months. Continue reading
Posted in customer satisfaction, financial results, marketing
Tagged auto industry commentary, autoinformed, autoinformed.com, automotive blog, automotive financing, connected vehicles, Experian’s Q3 2018 State of the Automotive Finance Market, Ken Zino, Melinda Zabritski, new vehicle reviews
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TV Remains News Source for Almost Half of Americans
Overall, 47% of Americans prefer watching the news rather than reading or listening to it. That is unchanged from 46% in 2016 and outpaces the 34% who prefer to read the news and 19% who prefer to listen to it – both of which also remain on par with 2016 figures. Continue reading
Posted in auto news, customer satisfaction, news analysis, people
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Restructuring Storm Building as Ford Announces Senior Retirements in Treasury, Product Development, Manufacturing
A couple of the exits are noteworthy for signaling that major disruptive actions are about to occur. For example – was Kent responsible for the addled brained idea that Ford would cut its dividend that Ford Family members depend on? Nevertheless, the pressure remains for Ford to cut costs and start once again, yet again on a restructuring plan. to increase shareholder value. Continue reading
Ford First Automaker to Outline UN Human Rights Issues
Ford claims to be the first automaker to complete this assessment, thought to be key in identifying the issues that are at risk of the most severe negative impact through activities or business relationships. Continue reading
Toyota Motor November US Sales Flat
Reflecting prevailing U.S. market trends TMNA, Toyota and Lexus divisions posted best-ever November for light truck sales. Continue reading
Ford Motor November U.S. Sales Drop -7%
Only one Ford brand car increased its sales year-to-date, except for the new GT (125 total). Overall car sales were off -19.5% for the month (34088), -17.5% for the year at 425,508. Continue reading
Fully electric Audi e-tron and e-tron GT concept at Los Angeles
Audi e-tron is the first all-electric production model from the brand. It’s a five-seater, electric mid-sized crossover SUV that will arrive in the U.S. in the second quarter of 2019. ALA Tesla it’s is available now for U.S. customers to place reservations. Continue reading
Posted in alternative fuels, concept, electric vehicles, electronics, environment, fuel economy or emissions, marketing, new vehicle, news analysis, performance
Tagged Audi e-tron, Audi e-tron GT, auto industry commentary, autoinformed, autoinformed.com, automotive blog, connected vehicles, Ken Zino, los angeles auto show, new vehicle reviews, tesla
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Luminar and Volvo Show Full Autonomy Sight System that Reads Pedestrian Body Language and Predicts Movement
Pose estimation is used to understand and predict pedestrian body language, behavior and intention, but has traditionally only been achieved with dense 2D data from cameras. Continue reading
Subaru, Land Rover Win ALG Residual Value Awards
The awards will be presented to automakers this week at Automobility LA. ALG has been publishing residual values for all cars, trucks and SUVs in the U.S. for more than 50 years and in Canada since 1981. Continue reading
Johnson Controls and Toshiba Link on Lithium-Ion Batteries
Dual-battery vehicles are projected to be the fastest-growing form of electrification and by 2025 will account for approximately 20% of new vehicles built globally, according to IHS, Markit. Continue reading
Posted in alternative fuels, auto news, economy, electric vehicles, fuel economy or emissions
Tagged auto industry commentary, autoinformed, autoinformed.com, automotive blog, Brookfield Business Partner, connected vehicles, johnson controls, Ken Zino, lithium-ion battery cells and systems, new vehicle reviews, Toshiba Infrastructure Systems & Solutions
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NADA 2019 Light Vehicle Sales Projected at 16.8 Million
Based on a strong November, new-vehicle sales are expected to reach 17 million units in 2018, which would mark the fourth straight year of U.S. auto sales above 17 million units. (see AutoInformed: Auto Loans – Payments Higher, Subprime Lending Lower. The Federal Reserve Board is likely to raise rates in December 2018. More rate increases are likely during the early half of 2019 and then rates are expected to hold.) Continue reading →