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Category Archives: results
European Car Sales Down Again in June. EU Slump Continues
The drop was in stark contrast to the recovering U.S. auto market, which is within a year or two to obtaining pre-Great Depression levels and the booming Chinese market,which at 23 million or more units this year will once again be the world’s largest. Once again the specter stalking European politicians whose austerity policies induced the ongoing human tragedy, is the their leadership role in the unchecked decline, which much like the decline of European power after a generation was slaughtered during WW1 is looking to be structural and permanent. Continue reading
Posted in auto news, economy, sales
Tagged autoinformed, autoinformed.com, eu, eurozone crisis, Ken Zino
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June U.S. Auto Sales Soar to Best Month in Six Years
The resulting seasonally adjusted annual rate or SAAR of 15.96 million vehicles caught the auto industry by surprise and is troublesome for Michigan-based automakers who cut hundreds of thousands of jobs and shut plants during 2008 and 2009. They are are now scrambling to increase capacity using forced overtime and the cancellation of vacations, which demeans workers and assuredly will cause recall and quality problems down the road. Continue reading
Posted in auto news, sales
Tagged aiada, autoinformed, autoinformed.com, Ken Zino, u.s. auto sales june 2013
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Chrysler Group June 2013 U.S. Sales Increase 8%
With the best June sales since the onset of the Bush Administration induced depression, Chrysler Group today reported U.S. sales of 156,686 units, an 8% increase compared with sales in June 2012 (144,811 units), and the group’s best June sales since 2007. Continue reading
Posted in auto news, sales
Tagged autoinformed, autoinformed.com, Ken Zino, u.s. sales june
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Western Europe Sales Slump Permanent?
“Flat is the new up in Western Europe,” claims John Hoffecker, co-president of AlixPartners. “Our models show Western European sales reaching a bottom of 12 million units in 2014, and largely remaining there for the foreseeable future – far from the historical peak of 2007, when 16.8 million units were sold. Continue reading
Posted in auto news, economy, sales
Tagged AlixPartners, autoinformed, autoinformed.com, eu, eurozone crisis, Ken Zino
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Light Duty Diesel Ram Ups Fuel Economy Ante in 2014
The comeback automaker, Chrysler Group, ups the ante in the ongoing pickup truck fuel economy wars by offering the first light duty diesel engine pared with an 8-speed automatic transmission, both exclusives in the segment. Just bring money – this is going to be a +$45,000 (or more) set of wheels, AutoInformed predicts. Continue reading
Honda Using ASIMO Robot to, well, Explain Itself
This emerging technology now allows ASIMO to make decisions required to behave in concert with the movements of surrounding people and to continue moving without being controlled by an operator. Continue reading
Posted in concept, electric vehicles, milestones
Tagged asimo, autoinformed, autoinformed.com, honda, Ken Zino, Miraikan, robots
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Guangqi Honda Selling Unique Crider in China. Exports Certain
Proving that automotive marketing babble is universal regardless of language, Honda said (in translation) that the Crider’s “dynamic exterior design inspired by an image of a dragon.” Such nonsense aside, Crider is certainly headed for export markets, making it a milestone car in the Chinese automobile industry, not unlike Honda’s decision as the first Japanese automaker to build cars in the U.S., although the Accord was a Japanese design. Continue reading
Posted in auto news, marketing, milestones, news analysis
Tagged autoinformed, autoinformed.com, china, guangqi honda, Honda crider, Ken Zino
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Milestones – Seven Million Ford Transit Vans
The milestone was celebrated at the official opening of a new Transit assembly plant in Nanchang, China, attended by Ford President and CEO Alan Mulally. The Jiangling Xiaolan facility is the result of a $300 million investment by Ford’s strategic partner Jiangling Motors Corporation, and produces JMC-branded vehicles and Ford-branded vehicles for the growing Chinese market. JMC is 31.5% owned by Ford. Continue reading
Posted in auto news, manufacturing, milestones
Tagged autoinformed, autoinformed.com, china, jmc, Ken Zino, Taiyuan Heavy Truck, transit
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Supreme Court Dismisses Ethanol Waiver Case
The United States Supreme Court today dismissed a petition by the American Fuel & Petrochemical Manufacturers or AFPM challenging an EPA regulation that allows for 15% ethanol in gasoline. Continue reading
U.S. June Vehicle Sales Forecast Up. Prices Highest in History
Unfortunately, for buyers, the strong selling rate is matched by strong transaction prices. Thus far, in June, the average transaction price of new vehicles is $28,900, the highest ever for the month, according to J.D. Power, the source of the data. Continue reading
Posted in auto news, sales
Tagged autoinformed, autoinformed.com, j.d power, june 2013 sales, Ken Zino
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Porsche and General Motors Top Power IQS Quality Survey
Luxury brand Porsche and populist Chevrolet lead initial quality reports for 2013 models. As a manufacturer, General Motors leads other automakers by far. These claims come from the latest J.D. Power and Associates IQS – Initials Quality Survey – that polled more 83,000 owners after 90 days of experience with their new car or light truck. Continue reading
Posted in auto news, quality
Tagged autoinformed, autoinformed.com, david sargent, iqs, j.d power, Ken Zino, quality
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Milestones – 90 Years of the Alfa Romeo Quadrifoglio Verde
In the Anglo Saxon world, a green four-leaf clover should call up images of Irish luck, but by a fourfold twist of European fate, this legendary symbol is identified with some of Alfa Romeo’s sportiest Italian models going back to 1923. Continue reading
Posted in auto news, marketing, milestones
Tagged alfa romeo, autoinformed, autoinformed.com, Ken Zino, quadrifoglio verde
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GM Maintains Number One Spot in China over VW Group
In the closely watched sales race in China, the world’s largest car market by far, the reigning champion GM held off its strongest contender, VW Group, for the Number One position, according to sales numbers through May. Continue reading
Posted in auto news, sales
Tagged autoinformed, autoinformed.com, china, GM, Ken Zino, porsche china, vw group
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2013 Global Light Vehicle Sales Tracking at 83 million
Global light vehicle sales held steady in May with a seasonally adjusted annualized rate of sales of 82.8 million units a year, according to the latest data from LMC Automotive. The consultancy predicts that full-year 2013 sales will be 83.4 million units. Continue reading
Posted in auto news, news analysis, sales
Tagged autoinformed, autoinformed.com, global auto sales, Ken Zino
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GM Declares Dividend on Series B Preferred Stock
The convertible preferred stock was offered at $50 per share when GM emerged from bankruptcy. The shares automatically convert to a variable amount of GM common stock on 1 December 2013. If GM common is trading at $33 for a period preceding that, preferred shareholders will at least break even on the $50 per share price paid. The leverage works both ways on the conversion price, though. Continue reading
Posted in auto news, financial results
Tagged autoinformed, autoinformed.com, gm preferred, Ken Zino, series b stock
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