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Category Archives: results
Keep On Truckin’ – US April Sales Soar
Not surprisingly dirty diesel Volkswagen’s sales declined 9.7%. More surprising to AutoInformed is that BMW slipped badly. BMW brand sales decreased -7.4 % at 25,000 (Mercedes-Benz was flat at 32,000 but it is known to be working on a pickup truck.); Mini brand sales decreased -12.4% to 5,000. Continue reading
Posted in sales
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BMW Group Sets Q1 Records for Sales, Earnings
“Our first-quarter performance is further proof of our ability to generate positive earnings with our core business, despite a volatile environment.” Continue reading
Deadly Diesel – Dr Hatz, Head of R&D at VW, Porsche, Out
At the beginning of the diesel issue in the Volkswagen Group in late September last year, Hatz went on “temporary leave as a precaution,” Porsche said in a statement this morning. Continue reading
Posted in fuel economy or emissions, news analysis, people
Tagged autoinformed.com, Ken Zino, VW Diesel Cheating
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Ferrari Posts Strongest Ever Q1. Another Record Year Coming?
Ferrari said it is aggressively exploring the luxury goods space that extends beyond luxury performance sport cars, while expanding Scuderia Ferrari merchandising linked to its racing activities in F1. Continue reading
Toyota RAV4 Hybrid Most Fuel-Efficient SUV CR Tested
Toyota RAV4 Hybrid at 31 mpg combined in Consumer Reports testing has the best overall fuel economy of any SUV that doesn’t plug in, CR said today. It returned 26 mpg city and 36 mpg highway – better than most mid-size sedans. Continue reading
Record Q1 at Ford Motor Company
Q1 followed a record year during 2015 for the Dearborn MI-based company during 2015 which Ford expects to equal or surpass in 2016. Continue reading
Volkswagen Group Earnings Devastated by Diesel Emissions
Volkswagen Group set a breathtaking loss of -$4.6 billion (-€4.1B) during 2015 because of the ongoing – and soon to get even more expensive – diesel emissions cheating scandal. Continue reading
Posted in fuel economy or emissions, litigation, recalls
Tagged autoinformed.com, dieselgate, Ken Zino
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GM Sets Q1 Earnings Record From US Truck, SUV Sales
However, with the exception of GM North America with its Q1 record EBIT-adjusted of $2.3 billion, including $0.2 billion for restructuring costs, GM’s other operations were weak performers returning little to shareholders if not hurting their investment in the global conglomerate. Continue reading
EU March Car Sales up 6%
In volume this is close to March 2007 levels, just before the economic crisis clobbered the automotive industry. Continue reading
Milestones: Lexus Hybrid Sales Top 1 Million
With 10 models incorporating Lexus Hybrid Drive, Lexus is the luxury segment hybrid leader, much to the chagrin of Audi, BMW and Mercedes-Benz executives. Continue reading
German Drivers Want Plug-in Hybrids. Maybe
However, although 96% of drivers surveyed say they are environmentally conscious to some degree, when it comes to cars, the environment gives way to practical considerations. Continue reading
Infiniti Sets All Time Sales Record in March
This marks the 19th consecutive month of global year-on-year growth. Continue reading
2016 Argetsinger Racing Award Goes to Roger Penske
My favorite Penske moment came when I was covering the Indy 500 back in the CART days – the best open wheel racing around until the Tony George’s IRL disaster that reorganized the series and destroyed it. Team Penske finished second Al Unser in a March chassis with a Cosworth engine as I recall. Continue reading
Posted in awards, milestones, news, people, racing
Tagged autoinformed, autoinformed.com, Ken Zino, Penske
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Shareholders’ Meeting Sets Highest Dividend Ever for Daimler
During the Annual Shareholders’ Meeting of Daimler AG held in Berlin today, the shareholders approved the payment of a dividend for the year 2015 of €3.25 ($3.71) per share compared to €2.45 for 2014. Continue reading
Posted in financial results
Tagged autoinformed, autoinformed.com, Ken Zino, Manfred Bischoff, Petraea Heynike
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US Sales Soar in March Madness. Ford Edges GM as Number One. Toyota Bests FCA for Third. Trends or Quirks?
Once again truck and SUV sales were soaring during March 2016 at 908,000 posting an +11.4% increase compared to 2015. Car sales at 688,000 declined -6%. The leaders of the pack, as always were Ford F-Series (74,000), Chevrolet Silverado (48.000), Ram (45,000). Continue reading
Posted in auto news, sales
Tagged aiada, autodata, autoinformed, autoinformed.com, Ken Zino
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