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Tag Archives: autoinformed.com
FCA US Q3 Sales Flat at 565,000
FCA touted three sales records for the third quarter as buyer bought or leased premium technology and interior upgrades on heavy-duty trucks. Continue reading
Posted in sales
Tagged auto industry commentary, autoinformed.com, fca, Kenneth Zino, sec, us auto sales
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Strike Crippled General Motors Q3 US Sales Up 6%
General Motors Co. (NYSE: GM) dealerships delivered 738,638 vehicles in the United States in the third quarter of 2019, an increase of 6.3% compared to the third quarter of 2018. GM’s fleet mix of total sales was 19.5 %, down 0.3%, year over year. End of September inventory was 759,633 units. Thus far the GM UAW strike has had little effect on sales. Continue reading
Posted in sales
Tagged auto industry commentary, autoinformed.com, GM US Sales Q3, Kenneth Zino
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Q3 Ford Motor US Sales Continue Slump
Ford, as always, tried a positive spin claiming it was a transition year of its phasing out of cars – Focus, C-Max, Taurus – with a changeovers ongoing in the all new Explorer and Escape, which are undergoing complex launches that in our view are showing mixed results. The freshened Escape went on sale last week. The new platform Explorer launch is going slowly with hopes that sales will expand in Q4. How Ford ran out of inventory of Explorers is puzzling, However given the history we bet quality issues loomed large. But pay no attention to that man behind the curtain… Continue reading
Posted in news analysis, sales
Tagged auto industry commentary, autoinformed.com, Ford US sales, Kenneth Zino
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Amazon Selling Level 2 Electric Vehicle Home Chargers
The Electrify America Electric Vehicle Home Charger is compatible with all electric vehicles available in the North American market today. It has a charging power of up to 7.6kW – about 6 times faster than the typical Level 1 charger provided to some new EV owners, depending on vehicle make and model. Continue reading
Weak Chinese Retail Sales in August Delay Recovery
Chinese passenger production improved in August, with a drop of -0.7% to 1.66 mn units, recovering from the double-digit declines seen in recent months. LCV output fell by – 0.9% to 0.24 mn units. LV output was down by 0.8% YoY, on total build of 1.90 mn units. Now that vehicle stocks have been unwound, OEMs no longer are carrying bloated inventories and are preparing to resume normal production rhythms, says LMC. However, LMC decided to make a further cut to the passenger vehicle growth forecast for 2019, from -5.5% to -7.4%. This is bad news for the global economy in general and the Detroit Three. Continue reading
Posted in economy, sales
Tagged auto industry commentary, autoinformed.com, Chinese Vehicle Sales, Kenneth Zino, lmc
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Ford Restructuring – Mahindra Joint Venture Announced
The joint venture will be responsible for expanding the Ford brand in India and exporting its products to Ford entities globally. Ford will continue to own the Ford brand, and its branded vehicles will be distributed through the current Ford India dealer network. Mahindra will continue to own the Mahindra brand and operate its own independent dealer network in India. Continue reading
Mercedes One, Two at Russian Grand Prix. Ferrari Third
Formula One continued its struggle to put on a race on the track at the Russian Grand Prix yesterday, as safety cars once again turned the racing into a battle of pit crews with the drivers providing entertainment via their car radio communications complaining or questioning the team strategies. Continue reading
Posted in racing, results
Tagged auto industry commentary, autoinformed.com, automotive blog, formula one, Ken Zino, Russian Grand Prix
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BMW Motorrad Heritage Collection 2020 Coming
The famous black and white color of the early motorcycles is claimed to be reflected throughout the entire collection. The original branding and the BMW metal emblem are also incorporated in the design. The copper-colored details and visual accents displayed in these garments are similar to the materials used in classic BMW motorcycles. Continue reading
Fiat Chrysler Cops Plea on Fraudulently Reporting Sales
According to the SEC’s order, between 2012 and 2016, FCA US issued monthly press releases falsely reporting new vehicle sales and falsely touting a “streak” of uninterrupted monthly year-over-year sales growth. However, the growth streak had been broken in September 2013. Continue reading
Hyundai Motor and Cummins to Work on Fuel Cell Technology
Hydrogen can be produced from renewable sources, stored economically, and deployed for many industrial and residential energy-generation applications. It is, of course used, in fuel cell passenger cars and commercial vehicles. Continue reading
SEC Charges Westport Fuels Systems and ex-CEO with Bribing a Chinese Government Official via a Private Equity Fund
According to the SEC’s order, beginning no later than 2016, Westport, acting through Gougarty and others, engaged in a scheme to bribe a Chinese government official to obtain business and a cash dividend payment by transferring shares of stock in Westport’s Chinese joint venture to a Chinese private equity fund in which the government official held a financial interest. Continue reading
Bentley Bentayga Hybrid Has 24-Mile Electric Range
A high voltage battery is capable of recharging in a leisurely “the servants have nothing else to do anyway” 2.5 hours. Continue reading
CARB and United Nations Start Satellites for Climate Action
California, of course, has one of the leading greenhouse gas reduction programs to achieve carbon neutrality by 2045. It also has a long, distinguished history of using innovative ways to reduce emissions while supporting a thriving economy. Continue reading
Autonomous Driving – Aptiv and Hyundai $4 Billion JV
Hyundai Motor Group affiliates — Hyundai Motor, Kia Motors and Hyundai Mobis — will collectively contribute $1.6 billion in cash at closing and $ 0.4 billion in vehicle engineering services, R&D resources, and access to intellectual property. Continue reading
Posted in autonomous vehicles, electronics
Tagged Aptiv, auto industry commentary, autoinformed.com, Kenneth Zino, milestones
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Ford Motor Issues Two Safety Recalls, Expands a Previous One
Ford Motor Company issued two safety recalls in North America yesterday and amended safety compliance recall 19C07 to expand the number of suspect vehicles. Continue reading →