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Tag Archives: autoinformed
EPA Proposes to Replace Harmful HFC Greenhouse Gases
The U. S. Environmental Protection Agency – EPA- is proposing to ban the use of certain hydro-fluorocarbon chemicals that it claims significantly contribute to climate change. This is the agency’s second action aimed at reducing emissions of HFCs, a class of potent greenhouse gases. Continue reading
Telematics are ‘Driving’ Growth in Usage Based Insurance
So called OBD-II based telematics – aka onboard diagnostics – are rudimentary and controversial but they have the potential to reshape the auto insurance market to reward good or infrequent low-risk drivers while charging other, more risk exposed users to higher fees Continue reading
Posted in insurance, news analysis
Tagged auto insurance, autoinformed, autoinformed.com, Ken Zino, telematics
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Subaru Recalls 660,000 Vehicles for Rusting Brake Lines
Subaru, popular in snow belt states, says that models currently or formerly registered in Connecticut, Delaware, Illinois, Indiana, Iowa, Maine, Maryland, Massachusetts, Michigan, Minnesota, Missouri, New Hampshire, New Jersey, New York, Ohio, Pennsylvania, Rhode Island, Vermont, West Virginia, Wisconsin and the District of Columbia are recalled. Salt water could splash on the brake lines through a gap in the fuel tank protector, resulting in excessive corrosion of the brake lines. Continue reading
US June Auto Sales Strong Despite Recall Mania
Led by the Detroit Three, June auto sales bode well for the second half of 2014 even as recalls pervade the industry. Detroit Three brands finished June with a 46.2% market share with sales of 656,965 vehicles because of strong SUV and pickup truck sales – hurting Asian brands, whose share dropped almost 2 percentage points at 632,027 vehicles, compared to 743,937 vehicles last month. For the GM watchers, sales of 268,000 resulted in a share of 18.8%, meaning the ignition switch tragedy and fiasco has not hurt its brands thus far.
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Posted in results, sales
Tagged autoinformed, autoinformed.com, Ken Zino, saar, top ten
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Transaction Prices at Record High for the First Half of 2014
As total new-vehicle retail sales in the United States are projected to reach 6.5 million for the first half of 2014, consumers are paying record prices for new vehicles. Continue reading
GM Recalls Another 8.5 Million Vehicles for 6 Safety Defects. $1.2 Billion Charge coming
GM said it expects to take a charge of up to approximately $1.2 billion in Q2 for the cost of recall-related repairs announced in the quarter. This amount includes a previously disclosed $700 million charge for recalls already announced during the quarter. Continue reading
Posted in fools 'n frauds, litigation, recalls, safety
Tagged autoinformed, autoinformed.com, Ken Zino, nhtsa
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GM Ignition Switch Compensation – Cash for Indemnification
Feinberg has complete and sole discretion over all compensation awards to victims, including eligibility to participate in the program and the amounts awarded. GM cannot reject the Administrator’s final determinations as to eligibility and amount of compensation.
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Posted in litigation, news analysis, recalls, safety
Tagged autoinformed, autoinformed.com, Feinberg, Ken Feinberg, Ken Zino
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Honda Prevails in Rain Soaked and Sunny Houston Races
Honda-powered rookie Carlos Huertas won Saturday’s opening race of the Grand Prix of Houston “double header” Verizon IndyCar Series race weekend, taking his Dale Coyne Racing machine to an unexpected victory in an 80-lap event that featured constantly changing weather conditions.
Simon Pagenaud and Mikhail Aleshin turned a tough loss in Race 1 into a podium in Race 2. The Schmidt Peterson Motorsports teammates finished 1-2 in the 90-lap battle on the 1.634-mile, 10-turn temporary street circuit. Continue reading
Sorted C7.R Corvette Takes Third Straight Victory at the Glen
The new Corvette C7.R on Sunday took a third straight victory in the Sahlen’s Six Hours of The Glen at Watkins Glen International. Continue reading
Posted in racing
Tagged Antonio Garcia, autoinformed, autoinformed.com, Jan Magnussen, Ken Zino
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California is Stolen Vehicle Capital in US
The latest ‘Hot Spots’ report on vehicle theft data obtained from the National Crime Information Center (NCIC) shows that California occupies nine of the Top Ten locales for stolen vehicles in each of the nation’s metropolitan statistical areas. Continue reading
Giant Sucking Sound – Nissan and Daimler to Build Luxury Cars in Mexico under new Joint Venture
The new plant will be built close to an already existing Nissan plant, and will have an annual capacity of 300,000 vehicles when completely operational. Many of the common platform luxury models – 2017 Infiniti, 2018 Mercedes-Benz – will of course be headed in the U.S. under the job destroying NAFTA deal. Continue reading
Posted in economy, manufacturing, new vehicle
Tagged autoinformed, autoinformed.com, daimler, Ken Zino, mercedes-benz, renault-nissan
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Four More GM Safety Recalls including Silverado and Corvette
A beleaguered and hapless General Motors today announced four more GM safety recalls covering 428,211 vehicles in the United States. Continue reading
Posted in litigation, recalls, safety
Tagged autoinformed, autoinformed.com, gm recalls, Ken Zino
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Vehicle Crashes Have $871 Billion Economic and Social Cost
Crashes cost. Moreover, they cost a lot. According to the latest data, it totals to nearly $900 for each person living in the United States. Continue reading
Posted in economy, safety
Tagged autoinformed, autoinformed.com, cost of crashes, Ken Zino
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Chevy Cobalt Used Car Prices Untouched by Switch Recall
On a sales weighted basis, prices of 2005 – 2010 Chevy Cobalt models fell by 9.4% from March to June. By comparison, overall compact car segment prices declined by 10.6%. Prices for Chevy’s recalled HHR fell by a smaller 6.9% over the period. Continue reading
Posted in aftermarket, auto news, recalls
Tagged autoinformed, autoinformed.com, colbalt used car prices, Ken Zino
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GM Stops Sale of 2013-14 Cruze Models for Defective Takata Air Bag Inflators
GM has just confirmed to AutoInformed that it told Chevrolet dealers in the United States and Canada to stop delivery of new or used 2013-2014 Chevrolet Cruze vehicles until further notice because air bar inflators from Takata are defective. Continue reading
