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Category Archives: results
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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Volkswagen Investigation underway for Deliberately Violating Diesel Emission Rules – $18 Billion in Fines Coming?
A sophisticated software algorithm on VW and Audi diesel engines detects when the car is undergoing official emissions testing, and turns full emissions controls on only during the test. Continue reading
Posted in environment, fools 'n frauds, fuel economy or emissions
Tagged autoinformed, autoinformed.com, diesel emissions, epa, Ken Zino, vw NOx emissions
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August EU Sales Surprise – Up 11%
Despite the longstanding trend that August along with February are the two slow months in EU light vehicle sales, August saw demand increase 11% with growth in all major markets as the European recovery continues. Continue reading
September in US is Hispanic Heritage Month
Sept. 15 is the starting point for the celebration because it is the anniversary of independence of five Latin American countries: Costa Rica, El Salvador, Guatemala, Honduras and Nicaragua. In addition, Mexico and Chile celebrate their independence days on Sept. 16 and Sept. 18, respectively. Continue reading
Posted in milestones, people
Tagged autoinformed, autoinformed.com, Hispanic Heritage Month, Ken Zino
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Ten Carmakers to fit AEB – Auto Emergency Braking – on New Vehicles as Standard Equipment
FCA, aka, Chrysler, which has more than its share of problems with DOT over safety matters, is notably for its absence. FCA as well as other automakers will face increasing pressure to add AEB as more systems are added at competitors. Continue reading
Posted in customer satisfaction, electronics, engineering, milestones, news analysis, public health, safety
Tagged aeb, audi, autoinformed, autoinformed.com, BMW, Ford, general motors, iihas, Ken Zino, mazda, mercedes-benz, nhtsa, tesla, toyota, volkswagen, Volvo
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August Global Sales Strong as China Comes Back
Helping a newfound optimism for the balance of the year were strong results in the US (running at 18 million annually) and West European markets (800,000 or +10%) in spite of Greece – remained solid. However, the Russian (-19% y-o-y) and Brazilian markets (falling below 2.3 million annually) continued to suffer. Continue reading
Posted in sales
Tagged autoinformed, autoinformed.com, Global Light Vehicle Sales August 2015, Ken Zino
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US August Sales Continue Truck, Crossover Boom
AutoData says the seasonally adjusted annual rate, aka SAAR, in August was at 17.8 million units compared to 17.3 million units a year ago. This is the highest reported SAAR since July 2005 and the highest August SAAR since 2003. Continue reading
Posted in sales
Tagged autoinformed, autoinformed.com, Ken Zino, US August Light Vehicle Sales
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One-Millionth Corvette back in National Corvette Museum
The car was damaged on Feb. 12, 2014, when it and seven other rare Corvettes tumbled into a sinkhole that opened beneath the museum’s Skydome area. After recovery from the sinkhole, the one-millionth Corvette was moved from the museum to the Design Center on GM’s Technical Center. Continue reading
Posted in milestones
Tagged autoinformed, autoinformed.com, Ken Zino, national corvette museum, one-millionth Corvette
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Pork Alert! Dump Ethanol Say Voters in National Poll
Likely 2016 voters have serious concerns about ethanol’s unintended consequences as a fuel, including damage to engines, land conversion and food prices, according to a new national poll. Continue reading
August SAAR Projected at 17.4 Million. Labor Day Sales in September 2015
A later than usual Labor Day holiday weekend this year is pushing the impact of that major car-buying period for automakers to September. Continue reading
Posted in sales
Tagged autoinformed, autoinformed.com, Ken Zino, truecar, US august vehicle sales
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Toyota Hybrid Sales Surpass Eight Million
Toyota has now sold more than eight million hybrid vehicles, with only 10 months between this and the nine million sales milestone. Continue reading
Posted in environment, fuel economy or emissions, milestones
Tagged autoinformed, autoinformed.com, Ken Zino
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Is the Tesla Bubble About to Burst?
Not surprisingly, the stock market is wary. Tesla stock has dropped for three straight days since the results – more than -5% on Thursday, almost -7% on Friday, and on Monday morning, it was trading down -9% at $236 per share. Continue reading
Posted in electric vehicles, financial results
Tagged autoinformed, autoinformed.com, elon musk, Ken Zino, tesla
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