Category Archives: shows and events

Trump Tax Cuts for Rich among other things Wildly Unpopular

Posted on 14 February 2025 by Ken Zino

Data for Progress said today that House Republicans currently debating budget reconciliation are planning to extend and expand President Trump’s 2017 tax cuts for corporations and high-income households, which are expected to cost trillions in the coming years. To pay for this, GOP Congress members have proposed slashing health care, food assistance, education funding, and many tax credits benefiting low-income communities and shifting costs to states and families.

Together with the Student Borrower Protection Center and Groundwork Collaborative, Data for Progress conducted a survey from 31 January – 2 February measuring voter sentiment toward cuts to federal funding and tax breaks for the wealthy. The poll shows that many government programs are very popular with likely voters: Medicare, Medicaid, Social Security, and SNAP each have support from more than 3 in 4 respondents. Continue reading →

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World Endurance Championship – New Ferrari 499P

Posted on 14 February 2025 by Ken Zino

“True to the philosophy of the Prancing Horse, the 2025 499P looks ahead, supported by the creativity of Ferrari’s designers. The livery has been modernized with a new composition, blending red – a darker shade that reinterprets the colors seen on Ferrari race cars from past decades, with Giallo Modena, accentuating the car’s body lines,” Ferrari said. Continue reading →

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Toyota Develops New 3rd Gen Fuel Cell System

Posted on 14 February 2025 by Ken Zino

“The all-new 3rd Gen FC System is designed to meet the particular needs of the commercial sector with the same durability as conventional diesel-powered engines. Additionally, the new system features significant improvements in performance, including fuel efficiency and a significant reduction in costs compared to the prior version. In addition to passenger vehicles, the 3rd Gen FC System will be expanded for use in heavy-duty commercial vehicles, and is planned for introduction in markets mainly in Japan, Europe, North America, and China after 2026 at the earliest,” Toyota said. Continue reading →

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Penske Automotive Group Posts Record Q4 Revenue of $7.7B

Posted on 13 February 2025 by Ken Zino

“I am pleased with our financial performance during the fourth quarter. Revenue increased 6% to $7.7 billion, a quarterly record. New and used automotive gross profit per unit retailed remained strong, including a $74 per unit sequential increase in new vehicle gross profit per unit retailed when compared to the third quarter of 2024, and same-store service and parts revenue and gross profit increased 7% and 9%, respectively,” said Chair Roger Penske.
The Company’s Board of Directors has approved a quarterly dividend of $1.22 per share, representing an increase of 2.5%, or $0.03 per share. This represents the Company’s 17th consecutive quarterly increase. The dividend is payable March 6, 2025, to shareholders of record as of February 24, 2025.
Continue reading →

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U.S. EV Adoption to Stall in 2025

Posted on 12 February 2025 by Ken Zino

“Amid a flurry of speculation about how Trump administration policies on everything from EV incentives and tariffs on foreign imports to federal emissions and mileage standards will affect the future of EV adoption, J.D. Power has focused its attention on the data, reassessing the major trends in EV adoption for the past four years, and analyzing current government policies and manufacturer strategies to get the most accurate reading possible on consumer sentiment heading into 2025. Though many variables are still at play, which could create potential headwinds and tailwinds to EV adoption, J.D. Power is projecting that 2025 will be a reset year for EV adoption, in which total retail share will hold at 9.1% as manufacturers and consumers adjust to new market dynamics,” J.D. Power said. Continue reading →

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Corvette ZR1 Sets Five Records on U.S. Track Tour

Posted on 11 February 2025 by Ken Zino

The Corvette ZR1* (NYSE: GM) set five new production car lap records during a U.S. track tour Chevrolet said today. The runs occurred at Road America, Road Atlanta, Virginia International Raceway Full Course, Virginia International Raceway Grand Course, and Watkins Glen Long Course.

“Corvette ZR1 continues to showcase how this nameplate elevates at every corner,” Corvette executive chief engineer Tony Roma said. “From design, engineering, development, validation, to driving and setting incredible lap records like these – we do it all in house.” Continue reading →

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First Look – New Volvo EX30 Cross Country

Posted on 10 February 2025 by Ken Zino

Volvo Cars (Nasdaq Stockholm VOLCAR B)* at a literal fireside chat in the North of Sweden revealed today the new EX30 Cross Country SUV. Outdoors equipment brand Fjällräven was part of the show. The EX30 Cross Country is a compact fully-electric SUV. The Volvo EX30 Cross Country is available to order now in selected markets, with deliveries starting later this spring. It will eventually appear in North America.**

“We launched our first Cross Country car over 25 years ago, and this concept of durable and all-weather cars is core to the Volvo brand,” said Jim Rowan, Volvo Cars’ CEO. “In Sweden we face harsh winters, but we also like to make the most of them by getting out and exploring our amazing nature, even when it’s minus 20 Celsius outside. That’s why we want to deliver a fully rounded experience, not simply a car, to our EX30 Cross Country customers.” Continue reading →

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Chevrolet Blazer EV SS to Pace Daytona 500 on Sunday

Posted on 10 February 2025 by Ken Zino

Chevrolet said this morning that a 2025 Blazer EV SS, the fastest SS model Chevrolet ever, will pace the 67th DAYTONA 500 at Daytona International Speedway this Sunday in box stock form. The Blazer EV SS, set to go on sale late in Q1, is equipped with Wide Open Watts (WOW), which propels the vehicle from 0 to 60 mph in 3.4 seconds with 615 horsepower and 650 lb.-ft. torque. The pace car is a production vehicle with no performance upgrades, but has custom graphics and embedded strobe lighting. It’s the first EV to ever pace the race. Continue reading →

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Annals of Marketing – Mercedes-Benz Miami Real-Estate

Posted on 6 February 2025 by Ken Zino

“With construction of Mercedes-Benz Places in Miami well underway, we are laying the foundation for one of the most ambitious and innovative residential projects in Florida. Together with our partner, JDS Development Group, we will showcase outstanding architecture, which is undeniably Mercedes-Benz and deliver a community experience that is second to none,” Eva Wiese, Head of Mercedes-Benz Customer Solutions GmbH. Continue reading →

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Volvo Cars Posts Record Sales, Revenue, Profits in 2024, but…

Posted on 6 February 2025 by Ken Zino

Volvo Cars (VOLCAR B:STO)* today posted a record-breaking year in 2024 with the highest full-year retail sales, revenues and core operating profit in its 98-year history. However, the Chinese owned company anticipates a turbulent 2025 “due to challenging market conditions,” aka Trump’s Trade and Tariff Wars.** “Full-year revenues exceeded SEK 400 billion for the first time in the company’s history, due to a new all-time sales record of 763,389 cars. Its full-year core operating profit of SEK 27 billion, excluding joint ventures and associates, was another record and up 6% compared to 2023. The core operating margin came in at 6.8%, up from 6.4% in 2023,” Volvo said. Continue reading →

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Ford Motor Posts Mixed Results for 2024

Posted on 5 February 2025 by Ken Zino

Ford Motor Company (NYSE: F) today posted Q4 full-year 2024 financial results. They were mixed from awful to okay. During 2024, Ford Blue’s revenue was flat at $101.9 billion as positive net pricing offset a 2% decline in wholesale vehicle transactions from what Ford said were the cancellation of low-margin products. The internal combustion engine segment at Ford S EBIT was $5.3 billion. Ford Model e reported a full-year EBIT loss of $5.1 billion. The electric vehicle e segment delivered $1.4 billion in cost improvements, net of a $100 million increase in spending to launch new battery plants and next-generation electric vehicles, Ford said. For full-year 2024, revenue climbed 5% to $185 billion; net income was $5.9 billion, and adjusted EBIT was $10.2 billion. For 2025 Ford is predicting a $2 billion profit drop! Bloomberg says that 27% of analysts have a sell recommendation, the highest on record.  Continue reading →

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Toyota Motor Posts FY2025 Q3 Net Revenue Gain

Posted on 5 February 2025 by Ken Zino

Toyota Motor Corporation (TMC: Tokyo 7203. NYSE: TM) today announced financial results for the third quarter fiscal year 2025, which ended 31 December 2024. TMC also announced significant changes in China. Consolidated vehicle sales totaled ~7,000,000 units, a decrease of ~295,000 units compared to the same period fiscal year 2024. On a consolidated basis, net revenues for the period totaled 35.673 trillion yen ($233.2 billion), an increase of 4.9%. Continue reading →

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Annals of Marketing – Rolls-Royce Scent of Money?

Posted on 4 February 2025 by Ken Zino

Rolls-Royce Motor Cars said today it’s taking the interior experience of its cars with the launch of Rolls-Royce Scent, introduced on its Phantom.* Developed by an in-house perfumer of the marque’s Bespoke Collective, the Scent is said complement the natural aromas of the materials used within the motor car. The fragrance combines notes of Amyris, Cedarwood, Rosewood and Iris.

“A Rolls-Royce interior is a unique space in which every element is meticulously curated to create an unparalleled multi-sensory experience. With our new fragrance concept, Rolls-Royce Scent, we move beyond the visual and tactile realms into a new dimension. Designed and developed by our in-house perfumer and delivered using patented technology, this fragrance elevates the already peerless Rolls-Royce experience, creating an environment that is even more special, and absolutely unmistakable,” said Martina Starke, General Manager, Bespoke Design, Rolls-Royce Motor Cars. Continue reading →

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State Privacy Laws Failing to Protect Your Data

Posted on 31 January 2025 by Ken Zino

The more data companies collect about us, the more our data is at risk. When companies hold your data, the greater the odds it will be exposed in a breach or a hack and end up in the hands of identity thieves, scammers, or shadowy companies known as data brokers that buy and sell a huge amount of data about Americans “Many of these ‘privacy laws’ protect privacy in name only,” said Caitriona Fitzgerald, deputy director of EPIC. “In effect, they allow companies to continue hoarding our personal data and using it for whatever purposes they want. Big Tech should not be allowed to write the rules.” Continue reading →

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Stellantis Buys All of the Punch Powertrain JV

Posted on 29 January 2025 by Ken Zino

Stellantis (NYSE:STLA) announced today that it has acquired all the shares in the joint venture created in 2018 with the Belgian multinational Punch Powertrain, an original equipment maker of transmission and propulsion systems in the automotive sector. In the complex world of global automakers, the JV worked in the plants at Metz (FR) and Turin, at the Mirafiori complex (IT), where the advanced eDCT (Electrified Dual Clutch Transmission) gearboxes are produced. They will be seen in the entire Stellantis range of Mild Hybrid (MHEV) vehicles and the new generation of Plug-in (PHEV) vehicles.

“With this decision, Stellantis assumes full management of the design and production activities of the eDCT transmissions, characterized by class leading performance in terms of weight and production cost, fuel savings and reductions in harmful emissions,” the muti-national auto maker said in a release. Continue reading →

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