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Category Archives: results
Trucks, Crossovers Boost US October Sales. Cars Lag
In the all-important Top Ten selling list, the Detroit Three pickup trucks easily swept the first three places. However, offshore brand models in October took the reaming seven of the Top Ten sales spots for the month. Continue reading
Volkswagen Admits to CO2 Emissions Problem. €2B at Risk
VW said that ~800,000 vehicles from the Volkswagen Group could be affected with “economic risks at approximately two billion euros.” Continue reading
VW, Audi, Porsche V6 Diesels added to EPA, CARB Probes
The vehicles covered by today’s action are the diesel versions of the 2014 VW Touareg, the 2015 Porsche Cayenne, and the 2016 Audi A6 Quattro, A7 Quattro, A8, A8L, and Q5, among the most profitable vehicles at VW Group. Continue reading
Ford Motor Q3 Financial Results Weak to Mixed
The question remains whether this is a breakthrough year at Ford as the company claims or just business as usual with the F-Series – $42,000 transaction price and strong sales leadership in the U.S. being the jewels in the crown. A redesigned Super Duty version of the F-Series comes in 2016, but the pickup line continues face threats from GM and FCA with its Ram brand. Continue reading
Posted in financial results
Tagged autoinformed, autoinformed.com, f-series, Ken Zino
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GM Global Vehicle Sales at 7.2 Million Vehicles through Q3 2015
The global sales leadership race between General Motors and Toyota, Volkswagen and General Motors remains too close to call as GM sold 7.2 million vehicles during the first nine months of 2015 a decline of -3%. Toyota Motor’s global sales for the same period totaled 7.498 million vehicles, off -1.5%, but still enough to best Volkswagen Group at a flat 7.43 million vehicles. Continue reading
Posted in sales
Tagged autoinformed, autoinformed.com, global vehicle sales, Ken Zino
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GM Earnings Flat at $1.4 Billion in Booming Market
However, past management decisions, positions in offshore markets, the failed attempt to take Chevrolet global and currency fluctuations continued to hurt shareholders. In total special items of $1.1 billion negatively affected the operating performance. Continue reading
Posted in financial results
Tagged autoinformed, autoinformed.com, gm earnings, Ken Zino
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Winterkorn off Porsche Exec Board over VW Diesel Cheating
This is the latest development in the growing and company-threatening crisis at Volkswagen Group because of its deliberate diesel emissions fraud perpetrated on several continents by now disgraced engineering and management groups. Continue reading
Posted in fools 'n frauds, fuel economy or emissions, people
Tagged autoinformed, autoinformed.com, Hans Dieter Pötsch, Ken Zino
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Ford Police Interceptor Sales Up after Crown Vic Gaffe
Introduced in 2012, Police Interceptor Utility quickly became America’s best-selling police vehicle Ford now has a 61% market share through June 2015, a more than 20% gain from a self-inflicted wound. Continue reading
Posted in sales
Tagged autoinformed, autoinformed.com, Ford Police Interceptor, Ken Zino
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Shark Lawyers Circling VW Call for Buyback of Diesels
The Hagens Berman and Quinn Emanuel law firms filed a motion today in their national lawsuit against Volkswagen asking the court to order Volkswagen to provide owners of the VW diesels an immediate buyback offer at the Kelley Blue Book value Continue reading
Usual Posturing at VW House Hearing on Dirty Diesels
Panel members were skeptical to hostile during their questioning of Horn. It was clear that they expected not only significant fines to arise, but for VW to buy back the cars at the pre-scandal price. Continue reading
Posted in fuel economy or emissions, litigation
Tagged autoinformed, autoinformed.com, clean diesel, Ken Zino, vw house hearings
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Ford Motor Q4 Dividend Flat at 15 Cents
The fourth quarter dividend is the same as the dividends paid in the previous quarters this year Continue reading
Posted in financial results
Tagged autoinformed, autoinformed.com, ford dividend, Ken Zino, q4
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US September Sales Soar as Trucks Rule
It’s been ten long years since US auto sales in September were this high as light vehicle sales reached more than 1.4 million, which resulted in a SAAR of 16.5 million, the highest since July 2005. Continue reading
Porsche Buys More VW Shares from Suzuki
Suzuki held Volkswagen share because of a disastrous joint venture. The Japanese automaker disclosed the transaction over the weekend. Suzuki will post ¥36.7 billion (~$304 million) as a special item. Continue reading
Canada Opens Query on Volkswagen Diesel Emissions
Corporate officials can be prosecuted if they authorize, accept or participate in any violation of CEPA, 1999, or its regulations. A range of sentences may be available upon conviction, including fines and possible imprisonment. Continue reading
Posted in fuel economy or emissions, litigation, recalls
Tagged autoinformed, autoinformed.com, Environment Canada, Ken Zino
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Porsche Profits Impaired by Pending VW Diesel Recall, Fines
Because of the capital stake Porsche Automobil Holding SE, Stuttgart holds in Volkswagen AG (31.5%), the results of Porsche SE will be diminished. The Porsche Profits target for the Porsche SE Group for fiscal 2015 will also require adjustment downward. Continue reading
Posted in financial results, litigation, recalls
Tagged autoinformed, autoinformed.com, epa, Ken Zino, VW diesel emissions
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