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Category Archives: results
U.S. May Trade Deficit increases $11.3 Billion
The U.S. Census Bureau and the U.S. Bureau of Economic Analysis said today that the goods and services deficit was $71.5 billion in May, up $11.3 billion from $60.3 billion in April, revised. May exports were $279.0 billion, $11.6 billion less than April exports. May imports were $350.5 billion, $0.3 billion less than April imports.
Noteworthy was that the May deficit with China ($13.9 billion) was the lowest since March 2020 ($11.7 billion). However, May exports to China ($6.6 billion) were the lowest since September 2009 ($5.8 billion). This in the middle of the ongoing Trump Tariff chaos. Continue reading
Penske Automotive Adds Ferrari Dealership in Modena!
Penske Automotive Group (NYSE: PAG)* said today that it has completed the acquisition of the Ferrari dealership in Modena, Italy. Located in Emilia Romagna, the heart of the so-called Italian Motor Valley that is home to Ferrari, Lamborghini, Maserati, Pagani, Ducati and Dallara, this Ferrari dealership expands the PAG’s existing luxury presence in Italy to 29 automotive retail locations. PAG now represents nine Ferrari locations worldwide, including Maranello Classic Parts, the only official Ferrari classic parts distributor in the world. The forecast estimated annualized revenue of the Modena location is $40 million. Continue reading
Posted in auto news, marketing, milestones, mobility company, news analysis, shows and events
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Dallara, ducati, ferrari, Ken Zino, lamborghini, maserati, pag, Pagani, penske automotive group, Penske Transportation Solutions, Randall Seymore, X @KenAutoinformed
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Annals of Marketing – Mercedes-Benz VLE Test Drive
Mercedes-Benz said today that two prototypes of its new Van Electric Architecture (VLE) drove from Stuttgart through the Alps to Rome with only two 15-minute charging stops under “real‑life “driving conditions. Starting in 2026, Mercedes-Benz will launch its newly developed modular and scalable Van Architecture. This new platform is attempting to successfully straddle luxury-focused Grand Limousines and commercial vans where Mercedes has a longstanding market presence. Continue reading
Posted in auto news, customer satisfaction, design and styling, electric vehicles, marketing, milestones, mobility company, new vehicle, news analysis, shows and events, transportation
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Dr. Andreas Zygan, Ken Zino, Mercedes-Benz VLE. MB Van Electric Architecture, X @KenAutoinformed
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American Honda Posts Q2 2025 Sales Increase of 8.4%
American Honda said today that it posted sales increases in June, Q2 and thereby leading to relatively strong First Half Sales Increase of 8.4%.
“The Honda and Acura brands continue to buck industry trends with sales increases in June and the second quarter as our strong sales momentum continues through the first half of the year,” said Lance Woelfer, vice president of Auto Sales at American Honda Motor Co. Inc. “Driven by the success of all-new products like the Honda Passport and Acura ADX, and record sales of electrified models we continue to meet customer needs and manage changing market conditions.” Continue reading
Posted in auto news, economy, marketing, news analysis, results, sales
Tagged Acura Q2 2025 Sales Highlights, American Honda Motor Company, auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Honda Q2 2025 Sales Highlights, Ken Zino, Lance Woelfer, X @KenAutoinformed
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Toyota Motor North America Q2 Sales up 7.2%
“Steady demand for our Toyota and Lexus brands resulted in strong sales throughout the second quarter,” said Mark Templin, executive vice president and chief operating officer, TMNA. “Our lineup of 32 electrified vehicles was a big part of that draw as they represented over 46% of our sales in June.” Continue reading
Posted in auto news, economy, electric vehicles, marketing, mobility company, news analysis, results, sales, Trump Truth Tests
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Ken Zino, Mark Templin, NYSE: TM, Toyota Motor North America sales, X @KenAutoinformed
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GM Posts Strong YTD 2025 U.S. Sales
General Motors (NYSE: GM) said today that its U.S. sales increased 7% in the second quarter and 12% in the 2025 first half. GM led the U.S. automotive industry in total and retail sales in the year’s first six months, with sales growth well ahead of the estimated 4% total auto industry growth. This is in sharp contrast to Ford Motor Company claims today and is the result of selective use of categories and time periods by both companies.
“The investments we have made in our crossovers, SUVs, and pickups – both gas and electric – along with great execution by our employees, suppliers and dealers, have made GM the engine of growth for the U.S. industry this year,” said Duncan Aldred, GM senior VP and president of North America. Continue reading
Ford Motor Q2 2025 Sales up 14.2%
Ford Motor Company (NYSE: F) said today that Q2 sales rose 14.2%, largely because of sales of trucks and SUVs. Ford claimed that it was well ahead of the U.S. industry in Q2 by increasing, sales ~10 times the estimated 1.4% industry increase. It also said it expanded market share to an estimated 14.3%, up 1.8 percentage points compared to Q1 2025. Continue reading
GM Fire Recall – Chevrolet Silverado Medium Duty Trucks
General Motors (NYSE: GM) is recalling ~62,468 model year 2019-2024Chevrolet Silverado Medium Duty 4500HD, 5500HD, and 6500HD trucks. The brake pressure sensor assembly may leak brake fluid into the brake pressure switch and cause a short circuit, which can cause a fire. Until the recall fix is performed, owners are advised to park their vehicles outdoors. This safety defect may show with a “service brake system” malfunction indicator lamp.
“If brake fluid shorts the brake pressure switch and the associated fuse, the circuit can generate excessive heat that could result in a fire, increasing the risk of injury. An underhood fire may occur when the vehicle is off and possibly unattended,” GM told the National Highway Traffic Safety Administration in the mandatory recall filing made public by NHTSA this morning. Continue reading
Posted in auto news, customer satisfaction, manufacturing, news analysis, quality, recalls, safety
Tagged Akron Rubber Development Lab, auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, GM fire recall N242482680, Ken Zino, Kodiak Controls, National Highway Traffic Safety Administration, NHTSA recall 25V390 or 25V-390, X @KenAutoinformed
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1908 Echoed at Cadillac?
“This week Cadillac said the CELESTIQ represents a new era of ultra-luxury at Cadillac. Each CELESTIQ embodies the ultimate expression of Cadillac technology, performance, refinement and innovation. Working with a CELESTIQ concierge, and with available curation assistance from a Cadillac designer, each client has the opportunity to create an entirely unique CELESTIQ to fit their tastes and desires,” Cadillac claimed. Continue reading
Posted in auto news, connected vehicles, design and styling, electric vehicles, marketing, milestones, new vehicle
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Cadillac CELESTIQ, Cadillac House at Vanderbilt, CELESTIQ EV, General Motors Global Technical Center, Ken Zino, X @KenAutoinformed
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J.D. Power 2025 U.S. Initial Quality Study Released
The number of problems cited by owners in the first 90 days of ownership has improved slightly, according to the J.D. Power 2025 U.S. Initial Quality Study (IQS)SM released today. Overall, problems per 100 vehicles (PP100) have improved to 192 PP100 from 194 PP100 a year ago. Premium brands have improved to 27 PP100 to 203 PP100 from 230 PP100 in 2024, while problems among mass market brands have increased to 187 PP100 from 181 PP100 in 2024. A lower score reflects higher vehicle quality.* Lexus is the highest-ranking brand overall in initial quality with a score of 166 PP100. Among premium brands, Jaguar (175 PP100) ranks second and Genesis (183 PP100) ranks third. Among mass market brands, Nissan ranks highest with a score of 169 PP100. Hyundai (173 PP100) ranks second and Chevrolet (178 PP100) ranks third. Continue reading
Posted in auto news, awards, customer satisfaction, design and styling, engineering, manufacturing, news analysis, quality
Tagged 2025 J.D. Power U.S. Initial Quality Study, auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Frank Hanley, j.d power, Ken Zino, X @KenAutoinformed
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Trump Tariff Legacy – U.S. June Auto Sales Soft
Total U.S. new-vehicle sales during June 2025, including retail and non-retail transactions, are projected to reach 1,247,900, a slight 2.5% increase from June 2024 according to a joint forecast from J.D. Power and GlobalData released today.* June 2025 has 24 selling days, two fewer than June 2024. Comparing the same sales volume without adjusting for the number of selling days translates to a decrease of 5.4% from 2024.The seasonally adjusted annualized rate (SAAR) for total new-vehicle sales is expected to be 15.0 million units, up 0.2 million units from June 2024. Continue reading
Posted in auto news, economy, manufacturing, marketing, news analysis, results, sales, Trump Truth Tests
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, David Oakley, GlobalData, j.d power, J.D. Power and GlobalData forecasts, Ken Zino, Thomas King, X @KenAutoinformed
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ACEA – May 2025 EU Car Sales Flat. Tesla Down Again!
During the May 2025 year-to-date (YTD) period, new EU car registrations fell by 0.6% compared to the same period last year, according to data released today by the European Automobile Manufacturers’ Association, aka ACEA at AutoInformed based on its original French name. Notably, the anti Elon Musk backlash continued as Tesla sales dropped to 13,863 from 19,227 or -27.9% YoY in May. Year-to Date sales of Musk-mobiles are off -37.1% at 75,196, down from 119,482 YoY.
The lobbying group of 15 major European automakers said that, “Nonetheless, year-on-year (YOY) registrations for May increased by 1.6% compared to the same month last year.” Continue reading
Posted in auto news, economy, environment, manufacturing, marketing, news analysis, results, sales
Tagged acea, auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Death of the diesel, Ken Zino, May 2025 EU car registrations or sales, Tesla sales slump, X @KenAutoinformed
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UAW Praises NYC Mayoral Runner Zohran Mamdani
In December 2024, UAW Region 9A became the first union to endorse Zohran as the Democratic primary candidate for New York City mayor. At the time, the UAW noted that his campaign squarely confronted New York’s cost-of-living crisis. His platform was to build affordable housing, freeze rents, make buses fast and free, and provide universal childcare. This confirmed the UAW’s demands to make life affordable for working-class New Yorkers, most of whom are renters and commuters. On 30 May 2025, UAW Region 9A reaffirmed its support, urging NYC UAW households to rank Mamdani first. It was to AutoInformed’s knowledge, the only major union to do so.* Continue reading
Posted in auto news, economy, labor issues, milestones, news, news analysis, people, shows and events
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Ken Zino, New York City mayoral race, UAW President Shawn Fain, UAW Region 9A Director Brandon Mancilla, X @KenAutoinformed, Zohran Mamdani
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SMMT Lauds Launch of UK Industrial Strategy
The UK automotive industry today has vowed to build on the foundations laid by government’s Industrial Strategy published yesterday with a 10-point plan to drive the UK back into the top 15 of global vehicle manufacturing locations by 2030 and deliver a £50 billion economic boost over the next decade. {See footnote 1] This is from the home of the Brexit disaster of British political thinking.
Mike Hawes, Chief Executive of the Society of Motor Manufacturers and Traders (SMMT) speaking at the industry’s annual Summit in London today said “Government’s long-term Industrial Strategy, including the Drive35 £2.5 billion auto capital and R&D fund, recognizes automotive as a pillar of advanced manufacturing, integral to the world leading innovation that creates the high value jobs, wealth and economic growth that are vital to our country’s future. Now we must make the most of that position and put in place the right conditions for growth.” Continue reading
Posted in aftermarket, auto news, design and styling, economy, electric vehicles, engineering, environment, financial results, global warming, manufacturing, news analysis, transportation
Tagged auto industry commentary, autoinformed.com, automotive blog, automotive industry in the UK, Automotive news and analysis, Ken Zino, Mike Hawes, SMMT, Society of Motor Manufacturers and Traders, X @KenAutoinformed
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Nürburgring – BMW M2 CS Beats Audi RS-3 Record
BMW said today that the new BMW M2 CS setsa new benchmark on the legendary Nordschleife racetrack of the Nürburgring on 11 April 2025. Driven by BMW M development engineer Jörg Weidinger, it completed the 12.9-mile Nürburgring-Nordschleife circuit in 7:25.5, beating the previous best time for compact cars by eight seconds. In March Audi set a new record lap in the compact vehicle class on the Nordschleife at 7:33.123 minutes. Depending on the ongoing Trump tariff wars, Audi might still retain the lower price entry point for a top Nordschleife runner., depending on who you value – in currency units – the ~8 seconds in elapsed times. Continue reading →