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Category Archives: results
Toyota Leads 2012 Vehicle Dependability Report
The highest initial quality ratings of 2009 model year vehicles has now resulted in historically high levels of vehicle dependability in 2012. Overall vehicle dependability in 2012 averages 132 problems per 100 vehicles, an improvement of 13% from the 2011 … Continue reading
Posted in auto news, news, quality
Tagged auto informed, autoinformed.com, automotive news, customer satisfaction, j.d power, Ken Zino, quality, vds, vehicle dependability study
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Federal Regs Work as Airlines Cut Delays and Cancellations
It is a clear example of the effectiveness and the need for government regulation of industry since airline passengers were not treated fairly or getting reliable transportation until DOT put in place regulations with stiff fines to stop all too common abuses. Continue reading
Energy Conversion Devices Files Chapter 11, Sells Ovonic Battery. Common Stock to Be Worthless Under Reorganization
OBC was the inventor and worldwide licensor of nickel-metal hydride (NiMH) rechargeable battery technology, but the cancellation of GM’s EV1, which used the batteries, and the building of a NiMH battery factory in Ohio, which was never used, severely hurt the company, which had a record of obtaining research grants and licensing patents, but was ultimately never able to profitably commercialize its advanced technologies. Continue reading
Buick Drops Base Regal Model in 2013. E-Assist Now Standard
Starting with 2013 models this fall, E-Assist will be standard on the mid-size Buick Regal with the discontinuation of the 2.4-liter base model. It is the second mild-hybrid to join the Buick lineup as standard equipment following the full size … Continue reading
Ford China Sales Plummet 42% in January? GM off 8%
Ford China reported January sales of 30,976 vehicles – a – 42% freefall compared with 53,340 vehicles in the same period last year, and just under 50,000 vehicles in December of 2011. General Motors also posted a drop of 8% in January to 246,654 vehicles – GM’s second-best January ever in China where it is well established. The open question is whether this is the beginning of a prolonged downturn in the Chinese economy that some western economists are predicting as a result of Chinese government policies to slow down growth. If so, it will be an unwelcome development for both GM and Ford with their weak balance sheets, and loss making operations in Europe. Things will become clearer when other automakers report China sales. Continue reading
Posted in auto news, economy, news, results, sales
Tagged auto informed, autoinformed.com, automotive news, buick china, chevrolet china, china sales, ford china, gm china, Ken Zino, results
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Alcoa Expanding to Make More Lightweight Aluminum Alloys
With the auto industry now pursuing composites to reduce weight to meet increasingly stringent emission and fuel economy standards, the increased supply of lightweight aluminum alloys could find its way onto production automobiles. The question is at what rate? Continue reading
Aftershocks – Toyota Revenues Drop 10%, Profits Down 57.5%
Major factors contributing to the decrease include the negative effects of marketing activities and incentives of ¥120 billion, as well as currency fluctuations of ¥200 billion, both breathtaking demonstrations of leverage effects in the automobile business. Continue reading
Posted in auto news, financial results, news analysis, results
Tagged auto informed, autoinformed.com, automotive news, financial results, Ken Zino, tmc, toyota, Toyota q3 results
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Toyota Mississippi Begins Second Shift for Corolla
Toyota Motor Manufacturing in Mississippi today added today a second shift for production of the Corolla, currently the title holder as the world’s best-selling car in history. Continue reading
Chrysler Group Posts a Modest 2011 Profit of $183 Million
Chrysler Group earned a profit of $183 million for the full year 2011, up from a net loss of $652 million a year ago. The positive, if small, result came as the Italian owned company paid back a $551 million in debt to taxpayers. Chrysler’s net revenue for the year was $55.0 billion, up 31% from a year ago. Fourth quarter net revenue increased 41% to $15.1 billion, the best quarter since it emerged from a controversial taxpayer financed bankruptcy in 2009. Continue reading
Toyota, Honda, and Nissan Post Strong January Auto Sales
Toyota was Number Three overall in U.S. sales, and a mere 12,000 vehicles behind Number Two Ford Motor. Toyota truck production in the U.S. – the last to recover from last year’s natural disasters – still has not caught up with demand. When it does – and Toyota’s pickup truck plant in Texas has been working overtime since late last year – Toyota could easily surpass Ford in U.S. sales. Toyota’s luxury division, Lexus, at 12,274 vehicles easily outsold Ford’s moribund Lincoln at 5,221 sales. Lexus production too is still recovering from the Japan earthquake so Ford is facing challenges on two fronts. Continue reading
Ford Motor U.S. Sales Increase 7% in January. Industry up 11%
The Ford F-Series, America’s top-selling vehicle for the past 30 years, posted January sales of 38,493 vehicles, representing an 8% gain amid signs that the full size pickup truck market in the U.S. is declining. Here preliminary numbers show that full size trucks now account for only 11% of the total industry. Continue reading
Posted in auto news, news analysis, results, sales
Tagged auto informed, autoinformed.com, automotive news, f-series, ford results, january sales, Ken Zino, lincoln, results
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GM January 2012 U.S. Sales Down 6%. Revival Stalled?
General Motors (NYSE: GM) today reported total sales of 167,962 vehicles in the United States in January, down 6% compared with January 2011. All four GM brands posted sales declines year-over-year led by Cadillac which was down 29%. Buick was off 23% and GMC declined 10%. Overall the auto industry was up 11.4% for the month, so GM is not keeping pace with the slow recovery of the auto business, a potentially worrisome development if it becomes a trend for U.S. taxpayers who still hold more than 27% of the company. Continue reading
Posted in auto news, marketing, news, results, sales
Tagged auto informed, autoinformed.com, automotive news, gm results. gm sales results, Ken Zino, results
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Chrysler Group January 2012 U.S. Sales Rise 44%
Because of its revived U.S. sales in 2011 Chrysler Group is now earning a greater return in profits at 4% of turnover when compared to owner Fiat’s return of 2.8%, which was down from 2010 given the ongoing Eurozone crisis. Continue reading
Posted in auto news, news analysis, results, sales
Tagged auto informed, autoinformed.com, automotive news, chrysler, chrysler sales, Fiat, january results, Ken Zino, sales results
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Japanese Suppliers Yazaki, Denso Plead Guilty of Price Fixing
The two-year price fixing sentences would be the longest imprisonment imposed on a foreign national for a Sherman Act antitrust violation. The fine amounts and prison sentences are subject to court approval and the potential influence of the U.S. State Department, which based on previous actions, cares little – if at all – in my opinion about competitive aspects of the U.S. auto industry or its effects on workers and the U.S. economy. In fact it can be argued that since the end of World War Two, State has actively pursued policies that strengthen offshore competitors of U.S. firms at the expense of the U.S. middle class. Continue reading
Posted in auto news, fools 'n frauds, litigation, news, news analysis, people, results
Tagged auto informed, auto parts big rigging, autoinformed.com, automotive news, denso, department of justice, honda, japanese price fixing, Ken Zino, sherman antitrust act, state department, toyota, yazaki
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Hyundai, Subaru and Lexus Lead in NADA Satisfaction Survey
The survey, conducted twice a year by the National Automobile Dealers Association, rates dealer sentiment in three areas: franchise value, automaker policy decisions that affect the dealership and the automaker’s field staff who visit dealerships. Continue reading
