Category Archives: results

Stellantis to Repay Early €6.3B Fiat Credit Facility

Posted on 28 January 2022 by Ken Zino

The credit facility, entered into in June 2020, was structured to support the restart and “transformation of Italy’s automotive sector” after the COVID-19 outbreak rocked the automotive world and its establishment. Continue reading →

Posted in financial results | Tagged , , , , , | 1 Comment

EVs – at $7B GM Makes Largest Announcement in History

Posted on 25 January 2022 by Ken Zino

“Today we are taking the next step in our continuous work to establish GM’s EV leadership by making investments in our vertically integrated battery production in the U.S., and our North American EV production capacity,” said Mary Barra, GM Chair and CEO. Continue reading →

Posted in electric vehicles, manufacturing, milestones | Tagged , , , , , | Leave a comment

Ford Motor Warns of Large FY 2021 Special Items

Posted on 18 January 2022 by Ken Zino

Ford is warning shareholders and the capital markets that the $8.2 billion it earned from its Rivian investment after the public offering will not be included in Ford’s full-year adjusted EBIT or adjusted EPS. When Ford last provided full-year adjusted EBIT guidance with its Q3 results on Oct. 27, a ~$900 million gain was included in the forecast range of $10.5 billion to $11.5 billion. Continue reading →

Posted in financial results | Tagged , , , | Leave a comment

Renault 2021 Global Sales at 1,751,089 or -6%

Posted on 17 January 2022 by Ken Zino

Markets outside of Europe now represent 44% of Renault’s sales (+2 pts vs 2020). The New Renault Duster launch registered sales: 41,000 units in Russia (+31% vs 2020), 22,000 units in Brazil (+15% vs 2020), 6,200 sales in Mexico (+55% vs 2020) and 9,100 sales in Colombia (+34% vs 2020). In India, the new Renault Kiger sold 29,000 units. This is 30% of Renault sales there. Renault claims this “upselling strategy” for this market is working. Continue reading →

Posted in electric vehicles, results, sales | Tagged , , , | Leave a comment

Ford Motor and Stripe Sign E-Commerce Deal

Posted on 17 January 2022 by Ken Zino

For Ford and Lincoln dealers offering digital payment services today, Stripe’s service is expected to drive offer efficiency into processing of e-commerce payments, such as vehicle ordering, reservations and digital and charging services. Continue reading →

Posted in customer satisfaction, economy, mobility company | Tagged , , , , , | Leave a comment

MLK – Changes in African American People Since 1964

Posted on 17 January 2022 by Ken Zino

In noting Martin Luther King day, here are data* about African Americans relating to differences between 1964 and 2020 in the percentage of African Americans completing high school, the number of African American college students, and the percentage of citizen population voting in the United States. Continue reading →

Posted in AutoInformed Editorial, milestones, people | Tagged , , , , | Leave a comment

Automobili Lamborghini Posts Record 2021 Sales

Posted on 12 January 2022 by Ken Zino

Automobili Lamborghini ended 2021 with an  all-time record: 8,405 cars delivered worldwide, making it the company’s best year ever, the Italy-based German-owned company said today. Yes, today, even though Italian bankers invented double entry book-keeping, these things take time. Global sales were up by 13% compared to 2020 came the release from Sant’Agata Bolognese of a company that is owned by Volkswagen Group under Audi. Continue reading →

Posted in results, sales | Tagged , , , , , | Leave a comment

NADA Predicts 2022 New-Vehicle Sales of 15.4M, up 3.4%

Posted on 11 January 2022 by Ken Zino

Whether such long-term predictions are of any use is an open question at AutoInformed given the volatility of the ongoing COVID pandemic. Consider that 2021 closed with new-light vehicle sales of 14.93 million units, an increase of 3.1% compared to 2020’s sales volume of 14.47 million units. However, December 2021’s SAAR totaled just 12.44 million units, a decrease of -23.7% compared to December of 2020. Continue reading →

Posted in economy, news analysis, sales | Tagged , , , , , , | Leave a comment

Used Car Marketplace Catch Up? GM introduces CarBravo

Posted on 11 January 2022 by Ken Zino

CarBravo uses the resources of GM, GM Financial and the GM dealer network to create a flexible, shopping and buying service that is already in full use at True Car, Edmunds, Autotrader, Cars Direct and AutoNation, among others. Major automakers have been slow to use the resources of the web, but Covid has forced changes in standard business practices across the vast automotive industry and the aftermarket. Continue reading →

Posted in aftermarket, auto news, marketing, milestones | Tagged , , , , | Leave a comment

Rolls-Royce Motor Cars Posts Highest Sales in 117 Years

Posted on 10 January 2022 by Ken Zino

The company said that growth came principally by Ghost sales, with demand increasing following the launch of Black Badge Ghost in October 2021. This, together with sales of the Cullinan and the marque’s pinnacle product, Phantom, means that at the moment order books are full well into the third quarter of 2022. The company’s Provenance (pre-owned or used) also posted an all-time record. Continue reading →

Posted in milestones, sales | Tagged , , , , | Leave a comment

BMW 2021 US Sales up ~21% Beating Mercedes-Benz

Posted on 7 January 2022 by Ken Zino

“The company and its network of dealer partners have worked together to manage inventory levels and fulfill strong customer demand for new vehicles. In the first quarter of 2022, BMW customers will begin to take the first deliveries of two all-new, fully-electric offerings: the BMW iX Sports Activity Vehicle and BMW i4 Gran Coupe,” BMW said in a release. Continue reading →

Posted in sales | Tagged , , , | 1 Comment

Mercedes-Benz 2021 USA Sales Soft at 329,574

Posted on 7 January 2022 by Ken Zino

Year-to-date MBUSA posted sales of 276,102 Mercedes-Benz passenger vehicles and 53,472 Vans or a total 329,574 units, a slight increase of 1.1% versus 2020. Continue reading →

Posted in sales | Tagged , , , | Leave a comment

First Place! Toyota Ousts GM as US Sales End 2021 at 14.9m

Posted on 6 January 2022 by Ken Zino

Overall, US Light Vehicle sales in December fall by 27% YoY, ending a chaotic 2021 at 14.9 million units. LMC noted that even December – traditionally one of the strongest months of the year – flopped and registered the steepest YoY decline of the calendar. AutoInformed notes the rate of change in the Covid infected world is increasingly making traditional long-term based indexes – such as calendar years irrelevant, or even downright harmful indicators for policy makers, businesses and anyone who uses them for planning. Continue reading →

Posted in economy, news analysis, sales | Tagged , , , | 2 Comments

Volvo Car 2021 Global Sales +5.6% at 698,693

Posted on 6 January 2022 by Ken Zino

However, Volvo delivered 64,436 retail vehicles in December, a decline of -18.1% compared to the same month in 2020. “The result was significantly influenced by continued component supply shortages, which affected production and consequently deliveries to customers,” Volvo said. Almost 40% of all new Volvo cars sold in December were Recharge models, with fully electric cars comprising 7.4%. Continue reading →

Posted in electric vehicles, news analysis, sales | Tagged , , , , | Leave a comment

Toyota Motor US Sales off -31% in December, +10.4% in 2021

Posted on 4 January 2022 by Ken Zino

Based on early sales reports, TMNA was the leading seller of electrified vehicles for the 22nd consecutive year with electrified powered vehicle – hybrids, plug-ins and fuel cells – at 583,697or +73.2% in 2021. EPV sales now make up one-quarter of total volume. There now are 18 total EPVs available in dealerships between both the Toyota and Lexus brands, the most among any automaker, with two more in showrooms by middle of 2022. Continue reading →

Posted in sales | Tagged , , , , , , | Leave a comment