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Tag Archives: auto news
Honda Q4 Profit Drops as Yen and Earthquake Shake Results
Honda Motor Company said today in Japan that profits plunged 38% to ¥44.55 billion (~$547 million) in the current fourth quarter as a result of the Japan earthquake and ongoing appreciation of the Japanese Yen. Honda’s net profit in Q4 … Continue reading
2012 Corvettes at More than 1.1g Lateral Acceleration!
Chevrolet announced today that its high-performance 2012 Corvette Z06 and ZR1 models will debut this July with optional Michelin tires that are capable of more than 1.1g in lateral acceleration, the highest ever for the sports car. Continue reading
50,000 Died from “Occupational Diseases” and 4,340 Worker Deaths on Job in 2009, Latest AFL-CIO Report Says
Workplace safety has improved in the 40 years since the Occupational Safety and Health Act was passed, but many workers remain at risk, according to the AFL-CIO. In a new report, “Death on the Job: The Toll of Neglect,” the … Continue reading
Chrysler to Repay Loans with New Debt. Fiat to Up Stake to 46%. Credit Ratings under Review for Possible Downgrade?
Chrysler Group will repay the loans provided from the U.S. Department of the Treasury and the Canadian federal and Ontario governments by June. Continue reading
U.S. Motorcycle Sales Rise During the First Quarter
Motorcycle sales among major brands rose 7.2% in the first quarter of 2011 compared to the same period last year, according to the Motorcycle Industry Council. Not surprisingly the “inexpensive” scooter segment saw the biggest gain, up nearly 50%. Sales … Continue reading
Don’t Run a Gas Tank Dry – It Can Cost More than $4 Gallon
It’s a bad strategy, particularly if you run out of gas and get stranded. Here your problems and expenses might just be beginning as costly repair bills can ensue. Continue reading
Toyota Motor and WiTricity Form Wireless Charging Alliance
Toyota Motor Corporation (TMC) said today in Japan that it has entered into a technology sharing agreement with U.S. based WiTricity Corporation. The world’s largest automaker will explore the practical application of automotive wireless charging systems and the promotion of … Continue reading
Porsche Posts 13% Sales Increase in Q1, €496 million Profit
Porsche AG in Stuttgart said today that during the first three months of the 2011 financial year sales were up 13% to 23,442 vehicles compared to the year before. As a result, the German luxury vehicle maker said that Q1 … Continue reading
Posted in auto news
Tagged 911, auto informed, auto news, autoinformed, autoinformed.com, automotive news, boxster cayenne, cayenne, Ken Zino, Panamera, Porsche results, q1 results, results, zino
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Why “Green” Alternative Vehicle Sales Will Remain Limited
To veterans of the automotive ecological wars, the conclusions of the J.D. Power and Associates 2011 U.S. Green Automotive Study released today are, numbingly, familiar. For most consumers cost is the not so invisible hand that drives a free market – even a semi-free one with lavish taxpayer subsidies in place in an attempt by the government to mandate technologies. Continue reading
Posted in auto news
Tagged 2011 U.S. Green Automotive Study, adam smith, alternative powertrain vehicles, auto informed, auto marketing, auto news, autoinformed, autoinformed.com, automotive news, EVs, green machines, hybrid vehicles, j.d power, Ken Zino, mike vannieuwkuyk, plug-in hybrids, taxpayer subsidies, zino
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Renault Group Reports +15% Revenues, Record Sales in Q1
Ghosn reaffirmed the company’s €500 million cash flow target for 2011, but because of uncertainties caused by the Japan earthquake and ongoing production stoppages, Ghosn refused to increase his forecast for the year even though Q1 sales was well ahead of plan. The ongoing forecast simply says the both sales and revenues will increase in 2011. Continue reading
Toyota Recalls Tundra Pickups for Rear Drive Shaft Failures
Toyota Motor Sales (TMS), U.S.A. today announced it will conduct a safety recall on approximately 51,000, 2011 model year Toyota Tundra trucks to inspect the rear drive shaft. The rear drive shaft on Tundra models may include a defective slip … Continue reading
Chrysler Sells Global Electric Motorcars to Polaris Industries
In practice the glorified golf carts provided good transportation in gated communities, sports stadiums or campuses, but with a top speed of 25 mph and a range of 30 miles on a charge GEM electric vehicles were limited to niche markets. Nonetheless, Chrysler estimates that it sold 45,000 of the EVs during the last decade. Continue reading
Posted in auto news, electric vehicles, news analysis
Tagged auto informed, auto news, autoinformed, autoinformed.com, automotive news, chrysler, co2, electric vehicles, EVs, gem, golf carts, Ken Zino, nev, zino
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Toyota March Production Drops 31% Globally, 62% in Japan
Toyota Motor Corporation (TMC) said that production at its Japanese and overseas factories dropped 31% in March, the month of the devastating Japan earthquake and tsunami. In Japan the impact was far worse as production dropped 62% for the month. … Continue reading
Ford Motor Nets $2.6 Billion in Q1 on $33 Billion Revenue
Ford Motor Company (NYSE: F) today reported first quarter 2011 net income of $2.6 billion, or 61 cents per share, an increase of $466 million, or 11 cents per share, from first quarter 2010 as the global auto industry continued … Continue reading
Standard & Poor’s Says Japanese Auto Outlook Now Negative
Standard & Poor’s Ratings Services in Tokyo today cut its outlook on six Japanese auto companies from stable to negative, including the Japanese Big Three – Toyota Motor Corp. (TM, 7203.TO), Honda Motor Co. (HMC, 7267.TO) and Nissan Motor Co. … Continue reading
