Category Archives: results

Chrysler, Ford and GM Post Best U.S. May Sales in Years. But…

Chrysler, Ford and GM posted the best May sales in years today as the U.S. auto market continued its slow recovery to what looks to be shaping up as a 14 million unit year – the best since the collapse of the economy under the waning years of the Bush Administration. In terms of numbers, GM once again led with sales of 245,000 light cars and trucks – it’s highest in 33 months, followed by Ford Motor (209,000) and Chrysler Group (150,000). The market appears to be slipping away from Ford and General Motors, though. Only Chrysler Group at 689,000 year-to-date for a 33% increase outraced industry growth of 13%. Ford Motor up 6.5% (933,000) and GM up a mere 2% at 1,067,000 badly lagged the auto sale expansion. Continue reading

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Ford Stays Number Two in May Sales Ahead of Toyota by 6,000

Whether Ford can retain the Number Two spot as it converts plants to build the new 2013 Fusion and Escape as well as the Lincoln MKZ remains to be seen. Ford is capacity restrained and during May it could have sold more of ‘high demand” vehicles such as the Ford Fusion. Continue reading

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Honda Makes Money on End of Life Car Recycling in Japan

Honda Motor Company in its annual report covering end of life car recycling in Japan said today it made money on the sustainability program that is part of Japanese regulations. The total cost of the recycling efforts amounted to ¥3.48 billion ($44.55 million), which was ¥290 million ($3.7 million) less than the total recycling proceeds received which was ¥3.77 billion yen. Continue reading

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Now it’s Football, Bangers, Mince Pie and Chevrolet

Chevrolet is entering into a five-year deal with Barclays Premier League member Manchester United to become the club’s Official Automotive Partner. Chevrolet’s five-year agreement includes the creation of the Chevrolet China Cup in July, with matches against Shanghai Shenhua FC and team in “another” Chinese city, which will be announced later. This is Chevrolet’s first global football sponsorship in the brand’s 101-year history. Continue reading

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U.S. DOT Closes 26 Bus Operations in Its Largest Crackdown

The Federal Motor Carrier Safety Administration announced today that it has shut down 26 bus operations, declaring them “imminent hazards” to public safety, the largest single safety crackdown in DOT’s history. Continue reading

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April Japanese Automaking Surges with $13 Billion in Exports

The strong recovery is bad news for the Detroit Three since many of the vehicles will be shipped to North America, by far the largest export market for Japanese automakers. More than 157,000 vehicles were shipped to North America, with 140,000 of those sent the United States, where the new vehicle market is slowly growing once again. Continue reading

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Ford Motor to Sell Former Visteon Lighting Plant in Ohio

After this sale, ACH or Automotive Components Holdings will have only one remaining operation – the climate control business at its Sheldon Road plant in Plymouth Township, Mich. ACH was formed by Ford in 2005 to sell or close 23 former Visteon plants. Continue reading

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EU Commercial Vehicle Sales Drop 12% in April

Unlike the car market in Europe, which is in its fifth straight year of declining sales year-over-year, the commercial vehicle market was posting small gains until about a year ago. The declines since then are an ominous sign that EU economic problems are deepening as voters are turning out existing governments and demanding economic stimulus packages from new or surviving ruling elites. Expanding debt ridden national economies has thus far have been resisted mostly by the German government, which has a relatively stronger economy keeping it in power for the moment. Continue reading

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Honda Auto Production Sets April Record – Tsunami Now Beat

The Honda comeback from the effects of natural disasters last year – the Japan earthquake and tsunami in March and the later floods in Thailand – included all-time monthly records for April production in North America (137,067), United States (97,497), Asia (102,195), and China (61,330). Continue reading

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May U.S. Auto Sales Projected Close to 1.4 Million Vehicles

Total light-vehicle sales in May are predicted at 1,384,000 units, a 21% percent increase from May 2011. However, fleet volume as a percentage of total light-vehicle sales is expected to remain high in May, at 22%. Continue reading

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BMW Group and Brilliance Open Second Plant in China

BMW has been producing BMW 3 Series and 5 Series models for the Chinese market with Brilliance in Shenyang since 2003. The opening of the second vehicle plant in China will expand the range of locally produced models to include the BMW X1. Production of the long-wheelbase version of the BMW 3 Series will also begin during the coming weeks. Continue reading

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Fiat and Mazda to Develop a Sports Car for Alfa and Mazda

The non-binding MoU states that both Fiat and Mazda will develop two “differentiated, distinctly styled, iconic and brand-specific light weight, roadsters featuring rear-wheel drive.” The Alfa Romeo and Mazda models will each be powered by specific proprietary engines unique to each brand. Continue reading

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Milestones – Toyota Motor Sells 4 Million Hybrid Vehicles

Toyota Motor Corporation (TMC) in Japan announced today that its global hybrid vehicle sales totaled four million vehicles through April 2012. of that 1.5 million Toyota hybrids have been sold in the United States where it dominates the advanced technology vehicle market by outselling all other hybrid and electric vehicles combined. Toyota in the U.S. now holds 65% of the hybrid market, with the Prius a line accounting for 1.2 million vehicles year-to-date. Continue reading

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Largest U.S. Airlines Barely Profitable in Q4

These data, combined with record levels of long-term unemployment and a moribund housing market, one wonders how anyone in the ruling class can claim the recession is over? Continue reading

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Right to Repair Bill Passes Massachusetts Senate

A version of the bill, omitting dealerships, is currently before the Massachusetts house, with unknown prospects. However, more than 100,000 citizens signed a Right to Repair ballot initiative earlier this year. If the legislature does not pass a final bill, the state’s consumers will get their own chance to vote—on the November ballot. Recent polls have shown support level for Right to Repair as high as 87%. Continue reading

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