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Category Archives: results
BMW Group Posts So-So Sales Results in 2024
With a total of 2,450,804 vehicles delivered to customers in 2024, the BMW Group said today that it achieved its new annual sales target that was adjusted downward during the second half of 2024. Electrified vehicles represented 24.2% of total BMW Group sales in 2024, with 593,215 units delivered to customers. Fully-electric vehicles accounted for 17.4% of total sales.
“The BMW brand delivered 2,200,177 vehicles to customers in the full year 2024 (-2.3%). With its attractive product portfolio across all technologies, the brand maintained its position as the global leader in its segment. In the Europe region, the BMW brand expanded its market share, registering double-digit sales growth in Italy, France and the UK. The BMW brand also posted sales growth in the U.S. In Germany, despite a declining market for fully-electric vehicles, BMW saw growth in new BEV registrations,” BMW said in a garbled release. Continue reading
New Tesla Recall for Bad Computers
Tesla, Inc. is recalling ~240,000 2024-2025 Model 3, Model S, 2023-2025 Model X, and 2023-2025 Model Y vehicles because a computer circuit board may short circuit, according to documents made public today by the National Highway Traffic Safety Administration.
“On a small percentage of affected vehicles, upon vehicle power up, a reverse current may cause a shorting failure on the car computer board, resulting in the loss of rearview camera functionality,” Tesla said in the mandatory safety defect recall filing. Continue reading
Posted in connected vehicles, customer satisfaction, electric vehicles, electronics, engineering, manufacturing, news analysis, quality, recalls, safety, software recalls
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, elon musk, FMVSS 111 rear visibility, Ken Zino, NHTSA 25V002 or 25V-002, Tesla recall SB-25-00-001, Tesla Recalls, X @KenAutoinformed
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Chevrolet 2025 Corvette ZR1 Starts at $185,995
Chevrolet has finally announced pricing for the 2025 Corvette ZR1, the fastest, quickest and most powerful Corvette yet. With a top speed of 233 mph on the track, 0-60 in 2.3 seconds [footnote 1] and 1064 horsepower, the Corvette ZR1 is unmatched by any current production car priced under $1 million. The 3LZ coupe is available for a starting MSRP of $185,995 (excludes tax, title, license, dealer fees, optional equipment. Dealer sets final price) or $195,995 for the 3LZ convertible. Production of the 2025 Corvette ZR1 will begin at Bowling Green Assembly sometime during Q2.
“ZR1 is an example of design and engineering excellence, one where we push the boundaries of what’s possible in terms of performance,” said Scott Bell, vice president of global Chevrolet. “It was important for us to stay true to Corvette’s promise of a vehicle whose world-class capabilities completely outmatch its price.” Continue reading
Posted in auto news, car sharing, engineering, marketing, milestones, news analysis, performance, shows and events
Tagged 2025 Corvette ZR1, auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, detroit auto show, Ken Zino, Scott Bell, X @KenAutoinformed
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Ian Callum Wins 2025 Lifetime Design Achievement Award
A group of the world’s automotive designers selected Ian Callum as the winner of the 2025 EyesOn Design Lifetime Design Achievement Award for his outstanding career in vehicle design, it was announced at the Detroit Auto Show today. Callum will receive the 2025 Lifetime Design Achievement Award at a black tie event on June 13, 2025 as part of the week-long series of EyesOn Design activities. These culminate in its annual automotive design show, held every Father’s Day on the grounds of the lakefront Eleanor & Edsel Ford House in Grosse Pointe Shores, Michigan.
“Callum, who was born in Scotland, knew he wanted to design cars at a young age after he saw a Jaguar E-Type in a dealership window while on a trip to Glasgow with his grandfather. Later, he would work for the storied English brand, where he and his team designed some of the most striking Jaguars, including the R-Coupe, the F-Type, F-PACE and I-PACE, a World Car of the Year Award winner,” EyesOn Design said. Continue reading
Posted in auto news, awards, car sharing, design and styling, people, shows and events
Tagged 2025 Lifetime Design Achievement Award, auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Eleanor & Edsel Ford House, EyesOn Design, Ian Callum, Ken Zino, X @KenAutoinformed
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Volkswagen Sales Flat in 2024
Volkswagen brand delivered ~4.8 million vehicles to customers worldwide last year – 1.4 % fewer than in the previous year. However, it was the market leader in Germany with a market share of 19.1% , according to the German Federal Motor Transport Authority (KBA). Continue reading
Goodyear to Sell Dunlop Brand to Sumitomo Rubber Industries
The Goodyear Tire & Rubber Company (NASDAQ: GT) has announced that it has signed a definitive agreement to sell the Dunlop brand, together with certain associated intellectual property, to Sumitomo Rubber Industries Ltd. (TYO: 5110). The deal includes trademarks and intangible assets necessary for operations of the brand business in Europe, North America and Oceania for consumer, commercial and other specialty tires. The transaction is subject to regulatory approvals, other customary closing conditions and consultations and is expected to close by mid-2025.
“This is another important milestone as we continue to execute against our Goodyear Forward transformation plan. We are optimizing our portfolio and reducing leverage to drive sustainable and substantial shareholder value creation,” said Mark Stewart, Goodyear Chief Executive Officer and President. “Not only does the transaction deliver significant value for our shareholders, it better positions Goodyear to enhance our focus on the growth of our core brands.” Continue reading
Posted in aftermarket, auto news, car sharing, manufacturing, marketing, milestones, motorcycles, news analysis, shows and events, transportation
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Christina Zamarro, Dunlop tire brand, Dunlop trademarks, Goodyear Tire & Rubber Company, Ken Zino, Mark Stewart, Sumitomo Rubber Industries, X @KenAutoinformed
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EV Market Stays as Customer Satisfaction Leader
The 2024 Car Buyer Journey (CBJ) Study by Cox Automotive* published today shows record highs in new-car buyer satisfaction, driven by advancements in digital tools helping seamlessly integrate online and in-dealership activities. This seamless integration – an omnichannel buying experience in industry jargon – saves time, reduces repetition and ultimately improves satisfaction with the overall car-buying journey. The 2024 CBJ also highlights the growing satisfaction among electric vehicle (EV) buyers, who are once again leading the way in satisfaction during the car-buying process. Continue reading
Posted in auto news, car sharing, customer satisfaction, electric vehicles, marketing, news analysis, shows and events
Tagged 2024 Car Buyer Journey (Study by Cox Automotive, auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Isabelle Helms, Ken Zino, X @KenAutoinformed
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Mazda to Make its First Pure EV in Hiroshima
Mazda Motor Corporation said today in Hiroshima that it will build a new module pack plant for automotive cylindrical lithium-ion battery cells in Iwakuni City, Yamaguchi Prefecture, Japan. The new plant will produce modules and packs of automotive cylindrical lithium-ion battery cells procured from Panasonic Energy Co. The completed battery packs will be installed in Mazda’s first battery EV that uses a dedicated EV platform and will be manufactured at Mazda’s Hiroshima plant. The annual production capacity is planned to be 10 GWh. Continue reading
Posted in electric vehicles, engineering, global warming, manufacturing, milestones, news analysis, public health
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, cylindrical lithium-ion battery cells. Panasonic Energy, Japanese Ministry of Economy, Ken Zino, Mazda Motor Corporation, Trade and Industry, X @KenAutoinformed
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Tesla Recall for Bad Airbags and Windshields
Tesla is recalling some 2024-2025 Model S and Model X vehicles for failure to comply with Federal Motor Vehicle Safety Standard (FMVSS) numbers 208, “Occupant Crash Protection” and 212, “Windshield Mounting.” The driver’s air bag could tear during deployment, according to documents made public today by the National Highway Traffic Safety Administration. Continue reading
Posted in auto news, car sharing, customer satisfaction, manufacturing, news analysis, quality, recalls
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, elon musk, FMVSS 208 and 212, Ken Zino, NHTSA recall 24V967 or 24V-967, Tesla 2024-2025 Model S and Model X airbag recalls, Tesla recall SB-24-20-001, X @KenAutoinformed, ZF-Lifetec Mexico
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Ford Motor Battery Fire Recalls – Escape and Corsair Hybrids
Ford Motor (NYSE: F) is recalling 20,484 Ford Escape and Lincoln Corsair SUVs from model years 2020 to 2024 because of defective batteries, according to documents made public today by the National Highway Traffic Safety Administration. A manufacturing defect in one or more of the high-voltage battery cells used in the compact hybrid vehicles may result in an internal short circuit and battery failure. The supplier is Samsung SDI Hungary. Ford has been aware of the safety defect since September of 2024.* The high voltage cell’s separator layer between its cathode and anode may be susceptible to damage as a result of the cell manufacturing process. Separator damage may result in a cell internal short circuit leading to sudden power loss and battery fires. Continue reading
Posted in auto news, car sharing, customer satisfaction, electric vehicles, manufacturing, news analysis, quality, recalls, safety, software recalls
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Escape hybrid recalls, Ford and Lincoln hybrid recalls, Ford Motor battery fire recall 24S79, Ken Zino, Lincoln Corsair hybrid recalls, NHTSA Recall 24V950 or 24V-950, Samsung SDI Hungary, X @KenAutoinformed
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BMW 2024 U.S. Sales Up Slightly
“This is a fantastic result, which is a direct reflection of the BMW brand’s strength and superior product line-up. U.S. customers really love our ‘Ultimate Driving Machines’ – regardless of drivetrain – which fueled sales growth of both ICE and BEV vehicles,” said Sebastian Mackensen, President & CEO, BMW of North America. Continue reading
Posted in auto news, car sharing, electric vehicles, marketing, news analysis, results, sales
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, BMW passenger cars and light trucks, Ken Zino, MINI passenger cars, Sebastian Mackensen, X @KenAutoinformed
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GM 2024 U.S. Sales 2.7 Million
GM claimed it had a strong 2024 today in a social media post saying, GM expanded overall U.S. sales by 4%, to 2.7 million vehicles, its highest total since 2019. GM estimates its 2024 U.S. market share at 16.5%.
“We finished the year with inventory of about 54 days, meeting our target. All of our brands -Chevrolet, GMC, Buick and Cadillac – posted strong sales gains. For the fourth quarter, sales were up 21% from the year-earlier period,” said Rory Harvey, GM executive VP and president of global markets. “How did we do it? By investing to have the best portfolio in the industry. We have something for everyone, no matter what they like to drive.” Continue reading
Posted in auto news, car sharing, electric vehicles, marketing, news analysis, results, sales
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Cadillac Escalade and LYRIQ, Chevrolet Equinox EV, gmc canyon, GMC Denali, gmc sierra, Ken Zino, Rory Harvey, X @KenAutoinformed
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Volkswagen ID.4 Stop Sale Lifted After Recall
The long-delayed availability of new parts once again allows existing vehicles in dealer stock to be sold. Assembly of ID.4 will resume in Volkswagen’s Chattanooga, TN, factory in the coming weeks. “Owners have been advised that the affected parts can be replaced,” Volkswagen said. Year-over-Year, ID.4 sales at ~17,000 during 2024 dropped -55%. Continue reading
Posted in auto news, car sharing, customer satisfaction, electric vehicles, electronics, engineering, manufacturing, news analysis, quality, recalls, safety
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, compact suvs, Ken Zino, Pablo Di Si, Volkswagen Group of America, Volkswagen ID.4 recalls, volkswagen of america, X @KenAutoinformed
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Michigan Governor Gretchen Whitmer Defends Auto Industry
“To grow Michigan’s economy and fight for the auto industry, I’ll work with anyone who’s serious about solving problems in Lansing or DC,” said Governor Whitmer. “Right now, there’s an ongoing, global competition between Michigan, China, and other states to build the future of the auto industry. To make sure we win, we need commonsense, bipartisan tools that create good-paying jobs and bring supply chains home. We must also find a fiscally responsible, sustainable solution to fix the damn roads work with our Canadian neighbors to ensure tariffs don’t lead to higher costs for families and businesses. Together, let’s create Michigan jobs, fix Michigan roads, and grow Michigan’s economy. The road ahead is bright, so let’s roll up our sleeves and get to work.” Continue reading →