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Category Archives: results
Cyber Insecurity – Your Car and You as Targets
The connected car is linking you to criminals with virtually no safeguards in place to protect your personal data or even to prevent the bad guys from taking over control of the car. That is the summary from a recent series and studies and forums in the U.S. and Europe.
The good news, if there is any for connected car, Bluetooth, OnStar and Smartphone aficionados is that you are likely not the primary target. Instead, hackers want to get to the treasure trove of car company databases and private networks that contain millions of bits of confidential data. Other privacy problems arise from the use of navigation computers that record and send location or driving history information to third party providers who resell it without your knowledge, let alone consent. Continue reading
Tesla Posts Loss Yet Again
Chief booster Elon Musk said in a letter to shareholders – not without billions in self interest – that the company expected to begin deliveries of the Model X in Q3 during this year – a long delay from original promises. Continue reading
Posted in financial results
Tagged autoinformed, autoinformed.com, Ken Zino, sec tesla
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Wolfsburg Woes as Volkswagen Passenger Car Sales Drop
In a damage control statement that is clearly intended to shape expectations, VW said earlier this week “Deliveries by the Volkswagen Passenger Cars brand show we are facing a challenging year. Volkswagen was not immune to the uncertainties in some regions that have continued into the current year.” Continue reading
Proxy Fight Looming at General Motors by Hedge Fund Sharks?
The ploy is clearly threat to GM’s “fortress balance sheet” strategy that looks to clean up underfunded pension liabilities and preserve enough cash to weather another global recession. GM has now posted 20 consecutive quarters of profits. Continue reading
Posted in financial results, news analysis
Tagged autoinformed, autoinformed.com, Ken Zino
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2014 Profits All Drop at FCA, Ford, GM
The Detroit Three all posted 2014 profits that were down from a year earlier in a booming global auto market, but each had different reasons for the declines, in stark contrast to other global automakers, notably Volkswagen Group, and Toyota Motor Corporation, Whig had record breaking results. Continue reading
GM in Process of Dumping Ally, Formerly GMAC
General Motors is in the midst of rebuilding its long gone GMAC financial empire due to bankruptcy, is replacing it with General Motors Financial, which appears to be an exact duplicate of the auto-lending arm of Ally, formally known as GMAC without the housing lending risks that sunk the company. Continue reading
Posted in financial results, marketing, news analysis
Tagged autoinformed, autoinformed.com, Ken Zino
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January U.S. Sales Gains Driven by Trucks
If you look at the strong January sales results in the U.S., the Top Ten selling vehicles moved around a bit, but there were no surprises. Trucks dominated the market with the Ford F-Series, Chevrolet Silverado, and Ram pickups firmly in place in the top three spots. Continue reading
January 2015 FCA U.S. Sales up 14%
FCA US today reported U.S. sales of 145,007 units, a 14% gain compared with sales in January 2014 of 127,183 units. It was the group’s best January sales result since 2007. Continue reading
U.S. New Vehicle Revenue at $38 Billion in January
The average transaction price (ATP) for light vehicles was $32,812, up 3.5% from a year ago, while average incentive spending per unit increased by $93 to $2,642. Continue reading
Posted in financial results
Tagged autoinformed, autoinformed.com, Ken Zino, truecar
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GM U.S. January Sales up 18% on Trucks
The gains were largely the result of booming truck and crossover demand. Year-over-year pickup deliveries increased 42%, following last month’s 43% increase. Large pickup sales were up 22% and more than 8000 all-new mid-size trucks were delivered. GM is the only U.S.-based automaker competing in this segment that Ford once dominated with its now abandoned Ranger. Continue reading
Posted in marketing, people, sales, shows and events
Tagged autoinformed, autoinformed.com, Ken Zino
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January 2015 U.S. Sales Projected Best in Decade
January new-vehicle retail sales are expected to reach highest levels for the month in a decade, both overall and on a seasonally adjusted annualized rate. Continue reading
Toyota Testing SiC Power Semiconductors for Efficiency Gains
Power semiconductors are in power control units (PCUs), which are used to control motor drive power in hybrids and other vehicles with electric powertrains. PCUs have a significant role in the use of electricity, supplying battery power to the motors during operation and recharging the battery using energy recovered during deceleration. Continue reading
GM Dividend Stays at 30 Cents
The General Motors Company (NYSE: GM) Board of Directors today declared a Q1 2015 dividend of 30 cents per share on its common stock. The dividend is payable Tuesday 24 March 24 to all common stockholders of record as of Wednesday, 11 March. On an annual basis, the dividend of $1.20 is paying 3.6%. Continue reading
Toyota Global Sales Results Makes it Number 1 Again
While the differences in total vehicle output are slight – one or two fiscal assembly plants at best– the bragging rights are considered valuable in what remains a business built on momentum. Continue reading
GM Global Sales Good, but Not Good Enough
When General Motors posted its second year of record global sales this month it was already behind Volkswagen Group. When Toyota releases its sales later in January, it is likely that GM will be the world’s third largest automaker, with Toyota Number One, VW Group Number Two and GM having bragging rights to “We’re Number Three.” Continue reading
