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Tag Archives: auto industry commentary
Hyper Marketing as Mercedes-AMG ONE Sets Nordschleife Record
Mercedes-AMG is the first car manufacturer to have run the Nürburgring Nordschleife with such a hypercar and set official records there just by finishing. It does allow for hyper marketing though, so to speak. The Mercedes-AMG ONE is therefore not only the absolute fastest road-legal vehicle on the Nordschleife, but also first – for the moment in AutoInformed’s understanding until, say, McLaren, Aston Martin and Ferrari show up – in the Nürburgring “super sports car” category. Continue reading
Posted in marketing, milestones, performance
Tagged auto industry commentary, autoinformed.com, hyper cars, Ken Zino, Mercedes-AMG ONE, Nordschleife
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Honda Posts a Profit of ¥453.4B for First Half FY Results
“This was due primarily to increased pricing, a reduction of incentives, an increase in motorcycle sales and favorable currency effects,” Honda said. Continue reading
Milestones: 75 millionth Opel – Grandland GSe
Opel recently announced that it would revive GSe as a new sub-brand for electrified models with GSe now standing for Grand Sport electric. The Opel Grandland GSe follows the Astra GSe and the Astra Sports Tourer GSe. Opel claims it is a high-performance, plug-in hybrid with electric all-wheel-drive in the SUV compact class, arguably the fastest growing segment in Europe and Asia. Continue reading
CARB – Discounted ZEV Landscape Equipment Offered
Qualified small business landscape professionals starting today can purchase discounted zero-emission lawn mowers, blowers and other landscape equipment through a new category of funding offered through the California Air Resources Board’s Clean Off-Road Equipment Voucher Incentive Project (CORE).* Administered by … Continue reading
Posted in environment, news analysis
Tagged auto industry commentary, autoinformed.com, CALSTART, CORE, Ken Zino, landscaping
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COP27 – Carbon Footprint Reduction Strategies Scrutinized
Fasten your seat belt this is going to be a bumpy ride to save planet earth and the invasive species known as mankind. It will require collective action from all the participants and special interests. Moreover, the debate over how developed nations should support or subsidize less developed ones will likely be rancorous behind the scenes. Continue reading
Honda Shows eN2 Concept EV at Shanghai
Starting with e:NS1 and e:NP1*, Honda will introduce 10 e:N Series models by 2027 and accelerate electrification in China including sales and production operations. N2 clearly looks to AutoInformed meant to take on the German automakers who have thrived in the world’s largest vehicle market, no matter the motive source. In the upscale Chinese market, rear seat room is welcomed by the chauffeured owners. Continue reading
Recharged Heritage to offer MINI EV Conversion
MINI Recharged offers a WLTP range of 103 miles. Continue reading
Mixed Economic Signals in October US Vehicle Sales
Nonetheless, automaker discounts persist at record lows. Average incentive spending per unit per Power is forecast to total $882, which is down 44.7% from October 2021. This is the sixth straight month below $1000. The question is when do vehicles become un-affordable as the Federal Reserve is deliberately sending the economy into a recession to fight inflation, which the Fed caused by years of of cheap monetary policy that mostly benefited the rich. In a mass market for automobiles, the rich can’t buy all the vehicles as production resumes to pre-pandemic rates that were running at 17 million vehicles annually. Continue reading
Posted in economy, news analysis
Tagged auto industry commentary, autoinformed.com, j.d power, Ken Zino, nada, Patrick Manzi
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US October Light Vehicle Sales Grow 11.4% to 1.2 Million
The market viewed by automaker shows that Mercedes-Benz enjoyed the strongest YoY growth in October, with a 53.0% YoY gain. Among higher-volume manufacturers, General Motors showed the strongest growth, up by 51.2% YoY. GM also led the market, with a 17.2% share, 0.9 percentage points (pp) ahead of Toyota Group. Honda Group’s struggles continue with sales down by 16.0% YoY. Stellantis and Ford Motor also saw YoY declines, of 14.0% and 10.2%, respectively. Continue reading
Posted in economy, news analysis, sales
Tagged auto industry commentary, autoinformed.com, David Oakley, GlobalData, Jeff Schuster, Ken Zino, lmc automotive
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Ford Motor US Sales Drop 10% during October 2022
A look at the sales by model reveals that Ford is now essentially a truck and SUV maker with dwindling car sales of ~41,000 year-to-date. Lincoln sold no cars at all ytd. Mercedes Benz posted a huge increase in sales of more than 50%. The difficulty in analyzing what the data mean comes from what sales were from previously placed orders, and when the US will return to a normal sales environment, which might be undefinable at this time. Ford no longer holds sales calls for media and analysts. Continue reading
Posted in economy, news analysis, sales
Tagged Andrew Frick, auto industry commentary, autoinformed.com, Ken Zino, tesla
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GAC-FCA JV to File for Bankruptcy
Stellantis, the mega-merger between FCA and PSA, said last July that the “lack of progress in the previously announced plan for Stellantis to take a majority share in their joint venture” has resulted in the GAC Group and Stellantis to start figure out how to terminate the joint-venture that produces and distributes Jeep products in China. Continue reading
Posted in financial results, news analysis
Tagged auto industry commentary, autoinformed.com, GAC-FCA, Jeep in China, Ken Zino
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Autonomous Forklift Startup Backed By BMW i Ventures
While it is abundantly clear that autonomous vehicles are not yet ready for mass deployment on public streets, the same technology is being commercially used in closed warehouse environments today. Continue reading
Nissan Motor Posts ¥156.6B Profit
Consistent with what other Japanese companies said during earnings week, increased revenue and operating profit were achieved despite “a severe business environment in the first half of the fiscal year, with raw material prices rising sharply and sales volume falling below the previous year’s level due to semiconductor supply shortages and the impact of COVID-related lockdowns in Shanghai, China,” Nissan said. Continue reading →