Category Archives: results

EU Sales Grow in October as Rate Slows

Posted on 17 November 2015 by Ken Zino

EU sales of passenger cars during October at 1,104,868 units kept growing, albeit at a slower rate of +2.9%. This is the 26th consecutive month of increases. Continue reading →

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BMW, Deezer Expand Audio Choices

Posted on 10 November 2015 by Ken Zino

There is no limit on either the number of tracks selected or the data volume required. Moreover, when traveling outside Germany – in France, Italy, the Netherlands, Spain or the UK – drivers have online access to everything the music services offer without incurring additional international fees or roaming charges.

Deezer is one of the major music providers with more than 35 million tracks in its library. It is available in more than 180 countries worldwide.

No word on North American applications yet. Continue reading →

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Auto Loan Balances up 53% Since Post Recession Low

Posted on 4 November 2015 by Ken Zino

The distribution of open loans by risk segment remains relatively unchanged, demonstrating that consumers drive the surge in outstanding automotive financing across the board, not a specific segment of the market. Continue reading →

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Trucks, Crossovers Boost US October Sales. Cars Lag

Posted on 4 November 2015 by AutoCrat

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 →

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Volkswagen Admits to CO2 Emissions Problem. €2B at Risk

Posted on 3 November 2015 by Ken Zino

VW said that ~800,000 vehicles from the Volkswagen Group could be affected with “economic risks at approximately two billion euros.” Continue reading →

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VW, Audi, Porsche V6 Diesels added to EPA, CARB Probes

Posted on 2 November 2015 by Ken Zino

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 →

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Ford Motor Q3 Financial Results Weak to Mixed

Posted on 29 October 2015 by Ken Zino

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 →

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GM Global Vehicle Sales at 7.2 Million Vehicles through Q3 2015

Posted on 28 October 2015 by AutoCrat

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 →

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GM Earnings Flat at $1.4 Billion in Booming Market

Posted on 21 October 2015 by Ken Zino

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 →

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Winterkorn off Porsche Exec Board over VW Diesel Cheating

Posted on 19 October 2015 by Ken Zino

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 →

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Ford Police Interceptor Sales Up after Crown Vic Gaffe

Posted on 19 October 2015 by Ken Zino

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 →

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Shark Lawyers Circling VW Call for Buyback of Diesels

Posted on 12 October 2015 by Ken Zino

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 →

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Usual Posturing at VW House Hearing on Dirty Diesels

Posted on 9 October 2015 by Ken Zino

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 →

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Ford Motor Q4 Dividend Flat at 15 Cents

Posted on 8 October 2015 by Ken Zino

The fourth quarter dividend is the same as the dividends paid in the previous quarters this year Continue reading →

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US September Sales Soar as Trucks Rule

Posted on 2 October 2015 by Ken Zino

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 →

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