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Tag Archives: auto informed
New Jersey Stiffs U.S. Taxpayers over $271 Million Grant. Republicans, Democrats Collude on Cancelled ARC Tunnel
Well, it sounds like LaHood (an Illinois Republican appointed by Obama) had no choice. Defenders of the deal, and there are some, say that DOT maneuvered to get N.J. taxpayers some benefit from the cancelled transit investment. In their view this solves the standoff over reimbursement — interest and penalties were accruing daily that New Jersey taxpayers would have been responsible for — and maybe New Jersey residents will also get the benefit of improved transit in the state. We will see. There sure is enough political manure here in my view to help New Jersey remain the garden state… Continue reading
Posted in auto news, economy, fools 'n frauds, people, transportation
Tagged auto informed, auto news, autoinformed, autoinformed.com, automotive news, budget deficit., department of transportation, dot arc tunnel, dot grants, Ken Zino, lahood, mass transit, nj politics, railroad holdup, taxpayer subsidies, theft of taxpayer funds, zino
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White is Favorite Color for Automobiles around the World
The color white is the most popular vehicle color in the world. Roughly 21% of 2011 model year cars have been produced in white. Regional differences do exist, but white’s popularity makes it the number one choice of car buyers Continue reading
NHTSA Probes GM Electric Power Steering Sudden Failure
Complicating matters for General Motors is the EPS system used in those vehicles is the same as that used in 2005 -2010 model year Chevrolet Cobalt and Pontiac G5 models. In March of 2010, GM recalled more than 1 million of them to fix a defect with the EPS assist motor. Continue reading
Posted in auto news, engineering, news analysis, recalls, safety
Tagged auto informed, auto news, auto safety, autoinformed, autoinformed.com, automotive news, Chevrolet Cobalt, chevrolet malibu, electric power steering failures, electric power steering sudden failures, Ken Zino, nhtsa, odi, Pontiac G5, safety defects, Saturn Ion. Pontiac G6, steering defect investigation, zino
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Obama Administration Submits Controversial FTAs to Congress. Largest Loss of Jobs since NAFTA Coming?
The AFL-CIO said the “The Korea agreement is the largest offshoring deal of its kind since NAFTA. If enacted, it likely will displace 159,000 U.S. jobs, mostly in manufacturing. And its glaring loopholes would allow unscrupulous businesses to import illegally labeled goods from China and possibly even from sweatshops in North Korea—potentially without any tariffs at all.” Continue reading
Posted in auto news, economy, fools 'n frauds, labor issues, manufacturing, people, transportation
Tagged afl-cio, auto informed, autoinformed, autoinformed.com, cwa, eu korean fta, Ford, fta, hyundai, jobs, Ken Zino, kia, Korean free trade agreement, Korean fta, richard trumka, trade, trade imbalances, u.s trade deficit, uaw, unemployment, usw, zino
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Mercedes-Benz Superdome is the New Name in New Orleans
The New Orleans stadium is infamous as the lawless, unlit refugee area for the homeless after Hurricane Katrina caught federal, state and local government agencies completely unprepared. State taxpayers rebuilt the stadium so that the New Orleans Saints could play there again starting in 1996. About $336 million has been spent by taxpayers on the sports facility since then. Continue reading
Posted in auto news, economy, marketing, news analysis
Tagged auto informed, auto news, autoinformed, autoinformed.com, automotive news, Bobby Jindal, Governor Bobby Jindal, Hurricane Katrina, Ken Zino, mercedes-benz, Mercedes-Benz Superdome, New Orleans Saints, taxpayer subsidies, Tom Benson, zino
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Five of the Top Ten U.S. Best Sellers in September Are from Offshore Brands. Only One Detroit Three Car Makes the List
Five of the top ten selling vehicles in September were from offshore brands, an increase of one from August and only three in July as the new vehicle market continues its slow shift away from traditional trucks and SUVs. Continue reading
UAW has Deal at Ford Pending Local Approvals. 5750 Jobs Added or Retained During Contract. Shared Prosperity Claimed
The tentative agreement is based of Ford’s promise to add another 5,750 new jobs and invest what’s said to be $16 billion to produce new models and upgraded vehicles and components by 2015, of which, $6.3 billion will be invested directly into retooling and upgrading plants. As is the current management practice in the ailing U.S. economy, the jobs claim includes so called retained jobs, as well as some new ones. All of this is contingent upon contract approval by local union members. Continue reading
Selected of God Choir to Sing National Anthem for the Detroit Tigers Playoff Game at 8:30 EDT Tonight
It’s clear from to me from listening to the Turner Broadcast announcers – Turner has exclusive TV rights – that they know nothing about the Tigers, which – like the Detroit Three Automakers – are all having a great year – in the Tiger’s case as one of the best teams in major league baseball. Well, tonight the Turner crew will get to see what is probably only their third Tiger game, ever. It won’t be their last… Continue reading
Posted in auto news, marketing, news analysis, people
Tagged auto informed, auto news, autoinformed, autoinformed.com, automotive news, detroit, detroit tigers, Ken Zino, mlb, new york Yankees, zino
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Authorized Dealer Used Vehicle Sales Jump 11.5% in September
Overall, the U.S. used vehicle market is at 30,155,128 units year-to-date, compared to 8.6 million new cars and light trucks. It was the best performance y-t-d since 2007 before the collapse of the global financial markets. This begs the question – are new vehicle prices too high? Continue reading
Posted in auto news, results, sales
Tagged auto informed, auto news, autoinformed, autoinformed.com, automotive news, cnw research, Ken Zino, september, used car sales, zino
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Nissan Up, Toyota and Honda Down in U.S. September Sales
Year-to-date Honda remains in the Number Two spot at 859,797 compared to Nissan’s 774,079. Honda’s strong sales of light trucks at 45,723 surpassed its car sales for the month (43,809) and a building supply of newly revised Civic models bodes well for Honda hanging on to Number Two for the 2011 year. Continue reading
Posted in auto news, marketing, results, sales
Tagged 2011 sales, 2011 september sales, auto informed, auto news, autoinformed, autoinformed.com, automotive news, EVs, honda sales, hybrid sales, Ken Zino, leaf sales, lexus sales, nissan sales, results, scion sales, toyota sales, zino
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Ford Motor Company September Sales Up 9% – Weakest Sales Performance among the Detroit Three
Ford Motor September sales totaled 175,199, up 9% versus last year, significantly trailing gains made by General Motors and Chrysler during the month. As with the other two members of the Detroit Three, Ford’s increase was largely the result of sales of pickup trucks and sport utility vehicles. Continue reading
Posted in auto news, marketing, results, sales
Tagged auto informed, auto news, autoinformed, autoinformed.com, automotive news, ford results, ford u.s. sales, Ken Zino, results, september sales, zino
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General Motors September Sales Up 20%, Led by Pickup Trucks
Based on early results GM is maintaining a market share of about 20%, which means it remains solidly in first place even as the Japanese maker are now back in full production. It also appears to prove the wisdom of the U.S. Treasury Department’s insistence on killing four brands, as part of the taxpayer bailout, and concentrating on the remaining four – Chevrolet, GMC, Buick and Cadillac in descending sales order. However, Cadillac (+1%) and Buick (+5.6%) appear to be badly trailing overall industry growth basis. Continue reading
Posted in auto news, economy, marketing, results, sales
Tagged auto informed, auto news, autoinformed, autoinformed.com, automotive news, general motors results, gm sales september, Ken Zino, results, zino
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Chrysler Group U.S. Sales Up 27% in September, Led By Trucks
Chrysler Group’s Retail sales were up 50%. Chrysler Group has beaten the average industry sales increase in eight of nine months this year, and is in a dead heat with Toyota Motor Sales for the Number Three position in the U.S. Continue reading
Posted in auto news, economy, marketing, results, sales
Tagged auto informed, auto news, autoinformed, autoinformed.com, automotive news, chrysler results, chrysler september sales, Ken Zino, results, september results, zino
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Facebook Posting Costs Chicago BMW Salesperson His Job
A National Labor Relations Board Administrative Law Judge ruled this week that Knauz BMW, a Chicago area car dealership, did not wrongfully terminate an employee for his Facebook postings. Back in May the NLRB alleged unlawful termination of an employee … Continue reading
Competition in Chinese Auto Market Results in Cross Shopping Record. U.S. Brands Suffer Because of Poor Fuel Economy
Fuel economy is also among the top rejection reasons, particularly given the sharp increases in gas prices that have occurred in recent years. Fuel economy is becoming a challenge for nearly all manufacturers, but particularly so for U.S. brands. Approximately one in four rejecters (24%) say they rejected a model of a U.S. brand because they expected better fuel economy. Continue reading
