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Category Archives: results
Diesel Emission Fraud Charges Hit Volkswagen Group Profits
Gentlefolks Chief Financial Officer Frank Witter said, “The impact of the diesel issue, in particular, required a systematic, disciplined approach to investments and costs. But further significant improvements in productivity and profitability are needed across the whole Group.” Continue reading
Posted in financial results
Tagged autoinformed, autoinformed.com, diesel emissions fraud, Ken Zino, volkswagen group
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U.S. October Vehicle Sales Forecast Down – Again
The biggest loser appears to be diesel-emission fraud enmeshed VW/Audi, dropping to 39,645 units or -17.6% year-over-year. Other big losers are Ford Motor and FCA – aka Chrysler – with more than -10% declines in an industry that is forecast to be off by -6.8% year-over-year. Continue reading
Posted in sales
Tagged autoinformed, autoinformed.com, edmunds.com, Ken Zino, U.S. October Sales
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Penske Automotive Reports Record Q3 Results
Our business continued to perform well in the third quarter, producing another quarter of record results despite the translation effects from foreign currency headwinds,” said Penske Automotive Group Chairman Roger S. Penske. Continue reading
Posted in financial results
Tagged autoinformed, autoinformed.com, Brexit, Ken Zino, pag, penske automotive group, Penske Truck
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U.S. Court Grants $14.7 Billion Plea in VW Diesel Fraud Case. Criminal Charges, Fines, Stockholder Lawsuits Outstanding
U.S. District Judge Charles Breyer today approved a $14.7 billion partial Consent Decree plea deal between Volkswagen, the California Air Resources Board (CARB), the Environmental Protection Agency (EPA), the U.S. Department of Justice (US DOJ) and the U.S. Federal Trade … Continue reading
Posted in fools 'n frauds, fuel economy or emissions
Tagged autoinformed, autoinformed.com, carb, dirty diesels, epa, Ken Zino, NOx emissions, vw diesel fraud
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General Motors Sets Q3 Net Earnings Record of $42.8 Billion
General Motors Co. (NYSE: GM) today announced record third-quarter earnings and revenue because of profitable U.S. retail sales and strong sales in China. Continue reading
Posted in financial results
Tagged autoinformed, autoinformed.com, GM Q3 2016 Earnings, Ken Zino
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2016 Reliability Study – Ford F150 Not Recommended
Fiat-Chrysler continue to be a depressing example of Detroit’s lack of quality or care for its customers. The Fiat 500L, the most defect-prone new car for the past two years, is now only the seventh-most troublesome. No Fiat or Ram vehicle managed even an average reliability rating. Continue reading
Posted in customer satisfaction, quality
Tagged 2016 Auto Reliability, autoinformed, autoinformed.com, consumer reports, Ken Zino
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Ahead of Q3 Earnings GM Declares 38-Cent Dividend
GM reports Q3 results tomorrow. The stock, like that of Ford Motor, continues to languish in the $37 range. Analysts are concerned about GM’s almost complete reliance on the sales of trucks and SUVs in North America to make money. Continue reading
Posted in financial results
Tagged autoinformed, autoinformed.com, GM earnings 2016, GM Q4 Dividend, Ken Zino
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September Used Vehicle Market Sees Prices Falling
The September U.S. used vehicle market saw depreciation climb and prices drop 3.6%, making the month’s performance the largest decline recorded in 2016 thus far. Continue reading
September Used Vehicle Market Sees Prices Falling
The September U.S. used vehicle market saw depreciation climb and prices drop -3.6%, making the month’s performance the largest decline recorded in 2016. Continue reading
Posted in financial results, news analysis, sales
Tagged autoinformed, autoinformed.com, Ken Zino, nada used car guide, used vehicle prices
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Ford Motor Declares Q4 15-Cent Dividend
Ford set record earnings during 2015 but its stock – trading in a 52-week range of $11.02 – $15.84 – continues to languish as investors remain wary of the company. Its recent performance and attacks from non-taxpaying Donald Trump, aka serial sexual assaulter of females, hasn’t hel Continue reading
Posted in financial results
Tagged autoinformed, autoinformed.com, ford motor dividends, ford motor stock, Ken Zino
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GM China Sets September Record at 343,773
This was up 16% year-over-year. Cadillac set an all-time record for monthly deliveries at 12,539, +63%. (Audi sold 49,154 in August) Continue reading
Posted in sales
Tagged autoinformed, autoinformed.com, Baojun, Baojun 730 MPV, buick, gm china sales, Ken Zino, September China Sales, wuling
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China, U.S. Increase Cadillac September Sales
Cadillac sold 30,061 vehicles globally in September, an increase of 22%. This is the fourth consecutive month of double-digit increases. Continue reading
Posted in sales
Tagged autoinformed, autoinformed.com, Cadillac September global sales, johan de nysschen, Ken Zino
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Chilly September as U.S. Light Vehicle Sales Slow
U.S. light vehicle sales in September once again slowed from the record-setting pace established at the beginning of the year. Continue reading
Posted in sales
Tagged aiada, autodata, autoinformed, autoinformed.com, Ken Zino, September U.S. light vehicle sales
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Bentley Testing Concierge Fuel Service in California
Owners open a Filld for Bentley app, choose a delivery time, and their fuel will be delivered wherever and whenever they require. This first-ever Connected Car integration means that customers don’t need to unlock the fuel cap themselves, or identify the car’s exact location as this is done for them securely through the Filld for Bentley service. Bentley predicts additional future benefits, including predictive fuel ordering where the car places an order for itself based on fuel level, location and customer preferences. Continue reading
Magna Expending in Active Aerodynamics
A vehicle’s aerodynamic profile is a major contributor to its fuel economy, of course, which is inversely is proportional to CO2 emissions. Thus, the higher the fuel economy, the lower the production of CO2, a greenhouse gas. Expect to see many more active aerodynamics – deflectors, spoilers, wings, splitters in the near future – because they can increase fuel economy by 1% or more. Continue reading
Posted in engineering, fuel economy or emissions
Tagged active aerodynamics, autoinformed, autoinformed.com, Ken Zino, Magna Actero, spoilers, wings
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