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Category Archives: results
Pickup Trucks at GM, Chrysler Claw Back U.S. Auto Market Share in September. Luxury, Family Cars Remain a Problem
Powered by thriving pickup truck sales, Chrysler and GM recaptured U.S. auto market share from offshore companies in September Continue reading
Huge Toyota Tacoma Pickup Corrosion Recall
Toyota claimed it is not aware of any fires, crashes, injuries or fatalities associated with its latest safety defect that it has told NHTSA about in its required legal filing. However, NHTSA has several hair-raising complaints from Tacoma owners about incidents. Continue reading
Posted in auto news, awards, customer satisfaction, manufacturing, marketing, news analysis, quality, recalls, safety
Tagged autoinformed, autoinformed.com, Ken Zino, nhtsa
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Volt Camouflage Designed to hide Freshened Sheet Metal
The camouflage package on the next-generation Volt was started six months in advance of early development. The tricks are constantly updated to keep spy photographers – Jim Dunne, who graciously contributes to AutoInformed – and the curious guessing. Continue reading
September US Vehicle Sales Continue Growing
The sales of new light-vehicles are projected to increase by 6% to 1 million in September compared to last year, continuing the strong momentum of August. Continue reading
CA Governor Brown, AKA Moonbeam, Increases EV Subsidies
California Governor Edmund G. Brown Jr. yesterday signed half a dozen bills to increase EV subsidies for California’s electric vehicle market. Continue reading
Posted in auto news, environment, fuel economy or emissions
Tagged autoinformed, autoinformed.com, Ken Zino
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August US Auto Sales Up as Detroit Loses Share
The bad news for Detroit supplicants and the UAW came from the fact that offshore brands took a 56.5% share of the August auto market, up from 55.9% last month and 53.8% in June. Continue reading
Posted in auto news, economy, labor issues, manufacturing, news analysis, results, sales, shows and events
Tagged autoinformed, autoinformed.com, Ken Zino
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Voice Recognition Growing Problem in New Cars
Automakers continue to struggle with the growing demand for automotive electronics in the so-called connected car. It turns out the car is not always connected to the web or phone or is linked in an ineffective way that is turning customers off. As a result, there is a growing case of, well, Bluetooth blues among drivers. More than half (52%) of these owners use an iPhone and 41% use an Android phone. Continue reading
Posted in customer satisfaction, safety
Tagged autoinformed, autoinformed.com, distracted driving, j.d power, Ken Zino, voice recognition
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Dark Money at $50 Million. Congress Bought by Unnamed Interest Groups
The OpenSecrets Blog and the Center for Responsive Politics reported today that political spending by non-disclosing or secret political non-profit lobbying funds, aka dark money groups, has reached $50 million, a record at this point in the election cycle. Continue reading
Forecast for August US Auto Sales Strong
It looks like the recovery in the automobile business is continuing as preliminary data indicate that US Auto sales – both retail and total – will surpass last May for the highest levels thus far in 2014. Retail light-vehicle sales … Continue reading
Legal Woes at Porsche Continue
The so-called Higher Regional Court of Stuttgart will try two former executive board members of Porsche Automobil Holding SE in the aborted takeover caper where Porsche attempted to win control of the Volkswagen Group. Continue reading
Chrysler Group Posts Q2 Net Income of $619 Million
Chrysler Group today reported preliminary financial results for Q2 and the first half of 2014, including net income of $619 million for the quarter, up 22% from $507 million in the year-ago quarter. Chrysler net revenue for the Q2 was $20.5 billion, up 14% from a year ago. Continue reading
Posted in financial results, results
Tagged autoinformed, autoinformed.com, chrysler group, Fiat, Ken Zino
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Incentives, Closeouts Keeps US July Sales Hot
Incentives, cheap money and a recovering US light truck market kept July sales hot as 1.435 million light vehicles were peddled, an increase of 9.1%. All of the Detroit Three befitted, particularly Chrysler, but ironically, it was the Asian brands with growing truck and crossover sales that benefited the most. At a SAAR – Seasonally Adjusted Annual Selling rate of 16.48 million (July ’13 was 15.76m), there is enough business for all major makers. Overall incentives were up 8% from July 2013, averaging $2,774 per vehicle, according to AutoData. Continue reading
Posted in results
Tagged autodata, autoinformed, autoinformed.com, Ken Zino, top ten sellers
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Toyota Bests VW and GM as largest Automaker at 2014 Half
Toyota Motor Corporation retained its Number One global sales lead over a formidable and expanding Volkswagen Group by selling 5.1 million vehicles through the first two quarters of 2014. Continue reading
Posted in news analysis, sales
Tagged autoinformed, autoinformed.com, Ken Zino, tms, toyota
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Ford Motor Posts Q2 Pre-Tax Profit of $2.6 Billion
It was a solid quarter particularly when compared with Q1 results of a pre-tax profit of $1.4 billion, a decrease of $765 million compared Q1 of 2013. It’s possible that Ford moved charges into Q1 to pave the way for the CEO change that took place on 1 July with Mark Field replacing Alan Mulally. Continue reading
Posted in financial results, results
Tagged autoinformed, autoinformed.com, Ford Q2, Ken Zino, mark fields
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GM Q2 Flops with $200 Million Net Income. Stockholders Whacked with $1.2 Billion in Recall Charges
GM is taking a $900 million non-cash pre-tax special charge in Q2 for the estimated costs of future possible recalls for up to the next 10 years on 30 million GM vehicles on the road today. A special charge of $400 million was taken for the GM ignition switch compensation program. GM said this is the best estimate of the amounts that may be paid to claimants. It guess-timated the total cost could increase by approximately $200 million. Continue reading
Posted in auto news, economy, financial results
Tagged autoinformed, autoinformed.com, gm q2, Ken Zino
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