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U.S. April Auto Sales Up to pre-Great Recession Levels
April auto retail sales of new light vehicles in the U.S. are expected to reach their highest levels for the month of since 2005 at 1.1 million units. This is 5% higher than in April 2013. Continue reading
Switched Off! GM Q1 Earnings Plummet to $100 Million
General Motors Co. (NYSE: GM) today announced Q1 net income only $100 million, or $0.06 per diluted share. Q1 was a disaster with its net loss from special items of $400 million, or $(0.23) per diluted share, and a whopping $1.3 billion pre-tax charge for the cost of recall-related repairs, or $(0.48) per diluted share – a negative $1.7 Billion swing. Continue reading
Toyota Motor Production 2.6 Million in Japanese Q4.
Toyota Motor posted strong results in its latest quarter with the fifth consecutive year of offshore production increases – a record high – with an ongoing and growing manufacturing presence in North America, Latin America, Europe, Asia and Oceania. Continue reading
Western EU Car Sales increase in March
While the annual selling rate, or SAAR, is still a pitiful11.8 million, car sales in Western Europe grew by 10% in March to 1.4 million. The car market continues to slowly expand, up 7.4% for Q1 of 2014. Continue reading
Holy Toledo! 2015 Corvette Gets Eight-Speed Automatic
Chevy claims excellent shift times that rival the best dual-clutch designs of which ZF is the leading supplier. Porsche, of course, offers dual-clutch automatics and the new Corvette already outperforms Porsche models costing tens – or much more – thousands of dollars greater. Continue reading
Posted in fuel economy or emissions, performance
Tagged autoinformed, autoinformed.com, Ken Zino, toledo transmission
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March U.S. Auto Sales – in like a Frozen Lamb, out like a Lion
The back end of March staged a comeback for U.S. auto sales as buyers – not lookers – visited dealer showrooms. Sales for all brands increased 5.7% compared to March 2013 and a whopping 28.8% compared to a frigid, stormy February. Continue reading
Baseball, Apple Pie and Red Sox v White Sox at White House
“We’re all on the same team.” And I think Big Papi put it better and more colorfully than any of us could. I won’t repeat his quote. But the point is, Boston and the Red Sox were one this season.” Continue reading
Posted in customer satisfaction, manufacturing, people
Tagged 2013 world series, autoinformed, autoinformed.com, Ken Zino, mlb, red sox
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GM Files $750 Million Q1 Earnings Charge with SEC
The three-quarters of a billion dollar expense to stockholders includes yesterday’s safety recall of electric power steering assist affecting approximately 1.3 million vehicles and other safety recalls announced in the three months ending 31 March 2014. Continue reading
Posted in financial results
Tagged autoinformed, autoinformed.com, Ken Zino, nhtsa, sec
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Milestones – 100 Million Bosch Stability Control Systems
Technically, ESC intervenes to keep vehicles on course and prevent skidding accidents by using differential braking to adjust the yaw axis of a vehicle helping to prevent oversteer and understeer. Continue reading
2014 U.S. March Auto Sales Forecast Up
New-vehicle retail sales in March are showing signs of improvement – projected at 1.19 million or +7% year-over-year – following slower-than-expected sales in the first two months of 2014. Continue reading
EU February Car Sales Increase. Signs of Life?
EU February car sales increased for the sixth consecutive month, with a rise of 8% in registrations. However, in absolute figures, the 861,058 units registered marked the second lowest result to date for a month of February since ACEA, the automakers trade group, began keeping track in 2003 with the commencement of an enlarged EU. Continue reading
Milestones – Honda Builds 20 Millionth Vehicle in the U.S.
The Marysville Auto Plant, of course, is the site where the first Honda Accord was produced in America on 1 November 1982. This made Honda the first Japanese automaker to begin production of automobiles in the United States, a move that caught Toyota and Nissan the two reigning Japanese sales giants by surprise. Continue reading
Republicans Pass Polluter Protection Act
This latest example of the power of money in the Congress is a setback for citizens. In 2009, EPA determined that greenhouse gas pollution threatens Americans’ health and welfare by leading to long lasting changes in our climate that can have a range of negative effects on human health and the environment. Continue reading
Posted in environment, fuel economy or emissions, news analysis
Tagged autoinformed, autoinformed.com, co2, epa, Ken Zino
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General Motors, Ford, Japanese Post China Sales Records
During February wholesale deliveries in China of cars, multipurpose, and sport utility vehicles jumped to 1.31 million units in February, the China Association of Automobile Manufacturers said today. Continue reading
Engine, Transmission Problems lead drop in Vehicle Dependability for The First Time in 15 Years
A large part of the quality decline appears to come from automakers rushing balky four-cylinder engines and more fuel-efficient, but rough transmissions into production in response to buyer’s demand resulting from high fuel prices in the U.S. Continue reading
Posted in quality
Tagged 2011 vehicle dependability, autoinformed, autoinformed.com, Ken Zino
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