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Volkswagen Pleads Guilty on Felony Charges in Dieselgate
Volkswagen AG will plead guilty to three criminal felony counts and pay a $2.8 billion criminal penalty because of the company’s long-running Dieselgate caper that sold ~590,000 diesel vehicles in the U.S. using a defeat device to cheat on emissions tests. Continue reading
Ford Motor Says 2017 Profit Will be Lower Than 2016
The bad news is that the ongoing increase of incentives, longer loan terms, growing sub-prime lending – including on trucks – and the fact Ford can’t give away a car in the U.S. is potentially troubling. Helped by incentives of more than $8,000 at year end, the Ford F-Series pickup retained its title as the best-selling vehicle in the land at 820,799. Predicting lower performance for 2017 is a warning that won’t help Ford’s weak share price. Continue reading
FAA Changes Pilot Medical Rules. Implications for Drivers?
The new regulation has further potentially broad implications for drivers since it dovetails with two other federal actions or desires. Continue reading
US Auto Sales at 17.5 Million Set New Record in 2016
For the second year running U.S. light vehicle sales set a record with 17,550,351 sold during 2016. This surpasses the previous 2015 record year of 17,479,469. This is only partially good news for some automakers. Continue reading
Posted in news analysis, sales
Tagged 2016 u.s. auto sales, autoinformed, autoinformed.com, Ken Zino, top ten us sellers
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CARB, CDOJ Whack VW for Another $66 Million in Ongoing Dieselgate Scam
The California Air Resources Board (CARB) and the California Department of Justice today announced a partial Dieselgate consent decree for violations of the Clean Air Act caused by a “defeat device” in 3-liter diesel crossover SUVs sold by Volkswagen, Audi … Continue reading
2017 Honda Clarity Fuel Cell Deliveries Start
California has approved a plan to develop up to 100 hydrogen refueling stations in the state during the next several years. This California initiative dovetails with some increased government support of hydrogen infrastructure development at the federal level, such as H2USA (http://h2usa.org/). Continue reading
2017 Kia Niro Gets 76.6 MPG in US West to East Coast Run
The Kia Niro, a small five- passenger Crossover Hybrid Vehicle, is the first dedicated Kia hybrid. Continue reading
Hybrid Vehicles Overtaking Diesels on Fuel Economy
However, the downturn in diesel mpg may be due to a change in manufacturers’ focus from fuel economy to NOx emissions after the Volkswagen Dieselgate fraud. Nonetheless, there clearly is an improvement in gasoline hybrid performance because of technologyl advances. Continue reading
Posted in fuel economy or emissions
Tagged autoinformed, autoinformed.com, co2, hybrid EVs, Ken Zino, nox, VW dieselgate
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November Global Light Vehicle Sales Soar to 98.5 Million
Explosive sales in China were the primary factor, though there were solid results in the US and Western Europe. Continue reading
Posted in sales
Tagged autoinformed, autoinformed.com, global auto sales, Ken Zino, lmc automotive
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Luxury SUVs Will Outsell Luxury Cars for the First Time?
However, overall sales of luxury vehicles are expected to remain flat in 2016 compared to last year. Nonetheless, SUVs are bringing sales to brands that have been considered niche players. Jaguar and Volvo are enjoying the most gains, based on sales or leases of the Jaguar F-Pace and Volvo XC90. Continue reading
Posted in news analysis, sales
Tagged autoinformed, autoinformed.com, Jaguar F-Pace, Ken Zino, luxury SUVs, Volvo XC90
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Ghosn Defends Mitsubishi Bailout in Face of Criticism
Call it a “one barrel of a two-barrel shotgun wedding.” This is a giant roll of the dice with Carlos Ghosn betting on numerous “come” lines. Continue reading
General Motors President Daniel Ammann Sells 10,000 Shares
While GM execs have been trying to talk up the stock price, the trading record is much less optimistic. The range of share prices peaked at more than $40 per share in December of 2013, but has been languishing in the $35 range recently. Continue reading
Posted in financial results
Tagged autoinformed, autoinformed.com, Brexit, GM financial results, gm stock price, Ken Zino
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November US Auto Sales Strong. Another Record Year?
Of note, is the ongoing struggles of the Volkswagen brand mired in the Dieselgate scandal. The Golf was down 11,894 ytd – off 34%. All VW nameplates were down -10% in what remains a booming market. Continue reading
Posted in sales
Tagged 2016 auto sales, aiada, autoinformed, autoinformed.com, Ken Zino, November U.S. Auto Sales, top ten, Volkswagen Atlas
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EPA Keeps 54.5 MPG Fuel Economy Rules in Place
Automakers are squealing about the just announced EPA plan to keep 54.5 mpg fuel economy regulations in place after a detailed technical analysis of the industries progress thus far. The agency’s rule still must be finalized after a 30-day comment period that would close before Donald Trump’s inauguration. Continue reading
