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Failing Grade for Ford Motor Q1 Earnings
This promised 8% Automotive Operating Margin is normally obtained or surpassed by offshore automakers year in, year out. It gets worse when you consider Ford Motor costs have grown as fast as revenue; Grimmer still when capital spending has grown even faster. Continue reading
Fewer Believe the Internet is Positive for Society
Those who were less positive offer a wider range of reasons. No single issue stands out. Some 25% of those who gave less-positive answers argued that the internet isolates people and encourages users to spend too much time with devices. Some 16% said the prevalence of fake news or false information was the reason for their belief that the internet was having a negative impact; 14% cited the effect of the internet on children, and 13% argued that it encouraged illegal activity. Just 5% expressed privacy concerns or worries about sensitive information being available online. Continue reading
Diesel Truck Brokers Busted in California
Diesel trucks are among California’s biggest sources of air pollution. Because they are so durable, they can operate for decades and belch significant amounts of diesel pollution along the way. Continue reading
Chinese Currents – Buick Enspire All-Electric Concept
The car is remarkable because it debuts during a trade war invoked by the Trump Administration and China, the world’s largest car market. The Chinese have expressed the desire to replace the fleet with electrified vehicles, but no standards or rules have thus far been published. Continue reading
50 Mayors, 11 States to Defend +50 MPG CAFE Standard
In a statement like the American Revolution’s Declaration of Independence, local leaders are rejecting a corrupt central government out of touch with the people – one that instead is beholden to special interests, big oil, and big money for campaigns to keep the corruption and tyranny ongoing. Continue reading
Non-Independence Day as EPA Prepares to Scuttle CAFE
Last week, the U.S. Environmental Protection Agency (EPA) published a Notice on the Mid-Term Evaluation (MTE) of Greenhouse Gas Emissions Standards for the Model Years (MY) 2022- 2025 and indicated intent to place it in the Federal Register. This potential shift or softening of CAFE extensive and serious implications for all automotive industry participants. Continue reading
Posted in electric vehicles, energy, fuel economy or emissions
Tagged autoinformed.com, cafe, carb, dot, epa, greenhouse gases, Ken Zino
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U.S. March Sales – Light Trucks Up, Cars Down Again
During an unexpectedly strong March, U.S. auto dealers sold 1.65 million vehicles, a 6.3% increase year-over-year. Detroit Three brands per AutoData held just 45.7% of the U.S. market in March, selling 755,152 vehicles – with 612,052 or a whopping 81% … Continue reading
Posted in marketing, sales
Tagged 2018 U.S. March Sales, autodata, autoinformed.com, Ken Zino, Light Vehicle Sales
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Monthly Sales Reports Die as GM Shifts to Quarterly Updates
“Thirty days is not enough time to separate real sales trends from short-term fluctuations in a very dynamic, highly competitive market,” said Kurt McNeil, U.S. vice president, Sales Operations. Continue reading
US Tariffs At or Near Lowest Levels Ever
During 2017, says the U.S. International Trade Commission, import duties totaled $33.1 billion – equal to 1.4% of the total value of all imported goods, and 4.7% of the value of all imports subject to duty. Most imported goods carry no duty at all. Continue reading
Ford Proxy – Shareholders Want Political Spending Info
Herein lies the potential hypocrisy problem: In 2012, the U.S. issued light duty vehicle rules strengthening GHG emission reduction standards and improving corporate average fuel economy. These rules – made working with automakers – are being challenged by Ford and other automakers. Continue reading
Posted in alternative fuels, environment, fuel economy or emissions, news analysis, transportation
Tagged autoinformed.com, café and greenhouse regulations, carbon fuels, co2, Equal Voting Rights for Each Shareholder, Ford 2018 Annual meeting, Ford Motor Proxy, greenhouse gas emissions, Ken Zino
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70 Years Porsche Sports Cars at Retro Classics
The Porsche Museum is celebrating “70 years of the Porsche sports car” at this year’s Retro Classics exhibition on March 22–25, 2018, at the Messe Stuttgart trade fair center. Continue reading
Troubled Asset Relief Program – Total Cost $32B
The Troubled Asset Relief Program (TARP) of 2008 and other desperate actions let the Department of the Treasury promote stability in financial markets through the purchase and guarantee of “troubled assets.” It was a latter part of the Emergency Economic … Continue reading
Posted in economy, fools 'n frauds, milestones, news analysis
Tagged aig, autoinformed.com, failed economic theories, great recession, Ken Zino, tarp
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US Car Sales Plummet in February. Trucks Gain Again
The smoking tire and news wheel spin of the month – given Trump’s ongoing trade tirades amidst a complete collapse of White House staff support and an ongoing exodus – came from the American International Automobile Dealers Association Continue reading
Trump Tantrum on Trade Kills Jobs, Distracts from Expanding Russian Collusion Investigations and Criminal Indictments
The impact on automotive and parts production will be significant, but the magnitude of the action is not yet known. Continue reading
April Fools – Aston Martin Project Sparta
Project Sparta, which has been engineered in parallel with the brand’s upcoming DBX SUV, is set to wreak havoc in the Monster Jam series starting in 2019, taking on some of the world’s biggest names including Grave Digger, Big Kahuna, Ice Cream Man and Jailbird. Continue reading →