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Category Archives: results
Canada Moves Ahead on Fuel Cell Vehicles
The Ride-n-Drive coincides with Canada’s hosting of the United Nations World Environment Day and Canada’s Environment week, “in the spirit of raising awareness of the substantial environmental benefits of zero-emission FCEVs powered by hydrogen.” Continue reading
GM Shareholders Reject Greenlight Overwhelmingly
Shareholders of General Motors Co. (NYSE: GM) have elected all 11 of GM’s Board nominees with preliminary results also showing that shareholders have rejected Greenlight’s proposal to create a dual-class common stock structure. Continue reading
Posted in financial results, fools 'n frauds, results
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Lawsuit Claims Emissions Cheating in GM Duramax Diesels
The suit also names Bosch as a defendant, adding that “GM did not act alone.” Bosch developed, manufactured, and tested the Electronic Diesel Control unit that allowed GM to implement the defeat devices, according to the suit. Bosch control units are found in almost all the vehicles found or alleged to have been manipulating emissions, including Mercedes, Fiat Chrysler and Chevrolet. Continue reading
US v Fiat Chrysler on Diesel Emissions Defeat Devices
The complaint alleges that the undisclosed software functions cause the vehicles’ emission control systems to perform differently, and less effectively, during certain normal driving conditions than on federal emission tests, resulting in increased emissions of harmful air pollutants. In other words, Volkswagen – the American-Italian sequel. Continue reading
Milestones – One Millionth Porsche 911
The Porsche 911 arguably created a new category and remains a premium sports car despite its rear engine design – that critics pointed out was like a trying to throw a dart backwards at high speeds. Continue reading
Posted in milestones, news analysis, people, performance, racing
Tagged autoinformed, autoinformed.com, ferdinand alexander porsche, Ken Zino, le mans, porsche 911, racing, Wolfgang Porsche
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WEC – Porsche 919 Hybrid on Pole in Spa. Toyota Faster
Qualifying, took place in cool, dry conditions. For the six-hour race on Saturday, raising temperatures and sunshine are forecast. Continue reading
Ford Motor Virtual Annual Meeting Dumps Personal Contact
Executives will thereby be insulated from stockholders and not subject to photographs. There will be no media access. Continue reading
Posted in auto news, results
Tagged autoinformed, autoinformed.com, Ford Motor Annual Meeting, Ken Zino
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GM Rebuffs Pending Greenlight Director Nominations
“Greenlight’s candidates were nominated specifically to advance Greenlight’s dual-class stock plan, which GM’s Board views as high-risk and detrimental to the long-term best interests of GM and its shareholders. Continue reading
April Showers – U.S. Auto Sales Drop Yet Again
Of note is President Trump’s belligerent attitude toward North Korea and his disdain for trade agreements, which puts South Korean based Hyundai and Kia – clearly in the sights of two military powers. Continue reading
Posted in sales
Tagged April 2017 U.S. Auto Sales, autoinformed, autoinformed.com, Ken Zino, Top Ten Sales April
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GM Reports 2017 Q1 Net Income of $2.6 Billion – up +33.5%
During the first quarter, GM delivered globally 2,343,773 vehicles, -34,261 or -1.4%. In the U.S., it delivered 689,521 total vehicles, with a 16% increase in crossover deliveries and a 3% increase in truck deliveries. However, truck and SUVs are not resulting in incremental sales but rather hurting the sales of cars. Continue reading
Chevrolet Bolt EV at 4.5 Million Miles
These all-electric miles by Chevy’s calculation have resulted in more than 175,000 gallons of fuel saved – based on the average EPA-estimated 26 mpg for 2017 vehicles in the U.S. Continue reading
Toyota to Use Hydrogen Fuel Cells for Zero Emission Trucking
The Project Portal platform is designed to provide the target performance required to support port drayage operations. The truck generates more than 670 horsepower and 1325 pound feet of torque from two Mirai fuel cell stacks and a 12kWh battery, in what appears to be a small battery to support class 8 loads. The concept’s gross combined weight capacity is 80,000 pounds and its estimated driving range is more than 200 miles, under normal operation. Continue reading
Silverstone: Toyota Beats Porsche. Chan Racing Wins LMP2. Ford Bests Ferrari, Porsche in GT Pro. Ferrari takes GT Am
The race – pure England at this time of year (or any time) – was run under mixed weather conditions, forcing teams to choose between tires – slicks, so-called intermediates or rain rubber in changing conditions that forced drivers to extract the best performance out of the world’s most exciting racing machines. Continue reading
Posted in performance, racing, results
Tagged aston martin, autoinformed, autoinformed.com, ferrari, ford gt, Ken Zino, le mans, porsche, Silverstone, sports car endurance racing, Toyota Yazoo, wec
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New Car Dealership Employment Sets Record in 2016
“Total dealership employment has consistently risen every year since the Great Recession,” said NADA Chief Economist Steven Szakaly. “In addition, hundreds of thousands of other local jobs are dependent on dealerships.” Continue reading
Posted in economy, financial results
Tagged autoinformed, autoinformed.com, car service, Dealership Employment, Ken Zino, nada, recalls, warranty
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Greenlight or Red Light – GM Proxy Fight Coming?
In the filing, Greenlight – a $10 billion investment firm – said in essence that GM lied when it asserted that a credit downgrade was possible if the stock were split into two classes. Greenlight also said it repeats its request that GM has denied on numerous occasions to consent for Greenlight to speak directly to the rating agencies about the Plan so that it can be accurately evaluated by a formal rating committee. Continue reading
