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US International Trade Deficit Drops. Maybe
The Census Bureau does not have sufficient statistical evidence to conclude that the actual change is different from zero. What this means is that the U.S. continues to run an enormous deficit as President Trump embarks on a trade war that could increase the deficit more. Continue reading
Connectivity is Good? Connectivity is Bad? Both? Time to Reflect, Emotions Perpetuate and Increase Divisiveness
Many experts praise the benefits of connectivity and easy access to knowledge in their everyday experiences. However, some rue digital life’s health-threatening qualities, loss of privacy and diminishing trust. Sound familiar? Continue reading
Porsche Sets Record 5 Minute 19.55 Lap Time at Nürburgring Nordschleife in Marketing Ploy with an outdated 919 Hybrid
Timo Bernhard (D) lapped the 20.832-kilometer (12.94 miles) Nürburgring Nordschleife – aka Green Hell – race circuit in 5 minutes and 19.55 seconds. This is an average speed of 233.8 km/h (145.3 mph) on what is one of the world’s … Continue reading
Kia Motors Plans Overseas Business Reorganization
Kia Motors Corporation suffering from flat sales in the U.S. so far this year is making organizational changes within its overseas operations. Following other Asian companies, the Korean company will give greater autonomy to each region to “spur sustainable growth … Continue reading
Bosch Claims Diesel Record Readings of 13 mg NOx per kilometer. Too Little, Too Late to Clean Dirty Diesel Image?
The Volkswagen dieselgate scandal exposed clearly fraudulent conduct. VW, one of the world’s largest automotive groups, deliberately lied about diesel emissions and cheated during testing by using control software that resulted in dirtier diesel exhaust that was far dirtier in real driving than in the lab on a dynamometer. Continue reading
Volkswagen and Ford Alliance Under Study
Against this backdrop and with a possible shakeout as devastating as occurred more than a century ago as the automobile emerged, it’s not surprising that long established car companies are seeking collaborative agreements to share the risks, cut the cost of research, development and production and survive as an entity when taking an individual road appears one paved with doom. Continue reading
Posted in alternative fuels, auto news, autonomous vehicles, car sharing, electric vehicles, electronics, engineering, financial results, fuel economy or emissions, news analysis, transportation
Tagged audi, autoinformed.com, electric vehicles, EVs, Ford Motor Company, google, hybrids, Ken Zino, lincoln, Mobility Company, porsche, return on investment, seat, volkswagen group
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Ford Introduces Two Taxis with Hybrid and Diesel Powertrains
The van-like Taxi seats five with a flexible interior. It has more than 60 cubic-feet of cargo volume behind the second row, more than the Nissan NV200 Taxi , which beat it to market years ago. Continue reading
U.S. Newspapers Continue to Decline in Readership, Employment, Revenue
Despite overall declines in newspaper circulation, digital circulation rose for some national newspapers. In recent years The (not failing) New York Times, The Wall Street Journal and The Washington Post have not fully reported their digital circulation to AAM, the group that audits the circulation figures of many of the largest North American newspapers and other publications. Continue reading
U.S. Space Exploration Essential for Climate Monitoring
More than half of Americans say they would not be interested in going into space, citing cost, fear, and age or health concerns. * Therefore, an expanded definition of the automakers quest to transform into mobility companies does not include to go where no man has gone before at this time. Continue reading
SoftBank Vision Fund to Invest $2.25 B in GM Cruise
The SoftBank Vision Fund investment will be made in two phases. At the closing of the transaction, the Vision Fund will invest the first tranche of $900 million. At the time that Cruise AVs are ready for commercial deployment, the Vision Fund will complete the second tranche of $1.35 billion. Continue reading
Volkswagen Piloting Augmented Reality for Technicians
The tool – it’s said -can operate in loud workshop environments and dark and tight areas that need light. It also allows for hands-free use in rough environments. This virtual assistance could significantly reduce service time, as technicians will be supported throughout the diagnosis and repair of the vehicle. Continue reading
Vehicle Average Loan, Monthly Payment at Record Highs
The population segments hurt most are subprime and deep subprime consumers. The percentage of new vehicle loans to subprime and deep subprime consumers has decreased 8.4% and 14.1%, respectively. The percentage of new vehicle loans to prime and super prime consumers has reached 73.4%, the highest Q1 level since 2012. Experian says it’s a sign that some lenders have become more risk-averse. Continue reading
Posted in auto news, marketing, sales
Tagged auto loans, autoinformed.com, automotive finance, Credit trends, experian, Ken Zino
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CARB OKs Plan to Mitigate Harm from Volkswagen Diesel Defeat Devices. Heavy-Duty Vehicles to Get Clean Technology
“This is a landmark moment in the saga of Volkswagen’s environmental violations,” said CARB Chair Mary D. Nichols. “Over the next 10 years this plan will put in place not only tools to clean up VW’s excess emissions, but also to help achieve further reductions of smog-forming pollution for decades to come.” Continue reading
U.S. Vehicle Sales Forecast Flat for May 2018
As a trend noted by AutoInformed for a long time, car sales are expected to decline yet again. May will see double-digit declines. Truck and SUV/CUVs share growth will continue. Continue reading
