Tag Archives: autoinformed

Nissan Reports Weak Q4, Full Year 2020 Financial Results

Posted on 11 May 2021 by Ken Zino

Free cash flow for the automotive business was a negative 391.0 billion yen. Nissan claims it has sufficient liquidity to steer through a challenging business environment. At year-end, cash and cash equivalents for the automotive business totaled 1.9 trillion yen. Automotive net cash was 636.0 billion yen. In addition, the company continues to have access to approximately 2.2 trillion yen in unused committed credit facilities. (Nissan Establishes Carbon Neutral Goal for 2050) Continue reading →

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Off the Roof Rails – Ford Recalls 616,967 Explorer SUVs

Posted on 10 May 2021 by Ken Zino

This by AutoInformed’s count is the 22nd Ford Motor recall this year in the U.S. Ford said it is not aware of any reports of accident or injury related to this safety defect, perhaps the reason Ford took it’s time, according to the Chronology below. Continue reading →

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Renault Sport Cars Becomes Alpine Cars

Posted on 10 May 2021 by Ken Zino

The challenges of that lofty goal were on full display yesterday during the Formula One race in Spain. The Alpine F1 Team’s Esteban Ocon scored two points at the  Spanish Grand Prix after finishing in ninth place at the Circuit de Barcelona-Catalunya with home favorite Fernando Alonso outside the points in seventeenth or in his case Formula None. Mercedes-Benz and Honda dominated the race. The team remains fifth in the Constructors’ Championship. Continue reading →

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Census Bureau – 26% of Adults Struggle on Expenses

Posted on 7 May 2021 by Ken Zino

Of  pressing concern –  adults living in households not current on rent or mortgage, 30.6% report eviction or foreclosure in the next two months is somewhat or very likely. Continue reading →

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BMW Group Q1 – Record Deliveries of 637,000, up 33%

Posted on 7 May 2021 by Ken Zino

Improved revenues and earnings of €4.26 per share were driven by a combination of higher sales volume figures across all regions of the world, particularly in China, and higher selling prices. Helpful effects also came from the sharp rise in prices of used vehicles, causing revenues from the sale of previously leased vehicles to rise, above all in the USA where the Biden Administration economy is soaring. Group revenues grew by 15.2% to €26,778 million (2020: €23,252 million; +18.9% adjusted for currency factors). Continue reading →

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Stellantis First Ever Q1 Shows Revenue, Sales Increases

Posted on 6 May 2021 by Ken Zino

The combined companies shipped 1,477,000 units. The market launch of all-new Opel Mokka began in March 2021 to European consumers, representing a return to the market after being discontinued in 2019. All-new Grand Wagoneer/Wagoneer and next generation Jeep Grand Cherokee production launches remain on track for late Q2 2021 and Q3 2021, respectively. All-new Grand Cherokee L (3-row) production commenced, with commercial launch in late Q2 2021. Continue reading →

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GM Posts Formidable First-Quarter 2021 Results

Posted on 5 May 2021 by Ken Zino

During a call to media and investors GM said it confident in its full-year 2021 guidance outlined earlier this year as it works to manage through the semiconductor shortage, which is impacting all automakers globally. Based on information available today, the company expects to be at the higher-end of the EBIT-adjusted range of the forecast. Continue reading →

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April Sales Shower US Market More than 18 Million Times

Posted on 5 May 2021 by Ken Zino

This refreshing rejuvenation is partly the results of improved social, health and economic conditions under the successful Biden Administration that acted urgently to quell the largest public health crisis in US history that the previous Administration either ignored or promoted. Enjoy the flowers that are coming your way. Continue reading →

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Ford Rides Biden Administration’s Economic Recovery Surge and a Record April SAAR to a Good Sales Result

Posted on 5 May 2021 by Ken Zino

Ford’s gross inventory at the end of April remains favorable relative to competitors, according to Ford – a debatable assertion since it also signals a lack of flexibility and response in trimming what are non-performing assets. Continue reading →

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Record year for California Climate Investments

Posted on 4 May 2021 by Ken Zino

Despite Republican opposition, Californians have gained from these CARB investments through improved public health, fire prevention, affordable housing and energy efficiency, as well as significant reductions in emissions of greenhouse gases. To date, California Climate Investments projects have helped plant more than 133,000 urban trees, reduced smog-forming and other air pollutants by more than 60,000 tons, added more than 7,200 new affordable housing units, and saved Californians almost $93 million through water energy‑efficiency projects. Continue reading →

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2021 Chicago Auto Show Set for July 15-19

Posted on 4 May 2021 by Ken Zino

The move comes as a growing body of evidence shows that because of vaccine-resistance the US will never have enough people with vaccinations to reach so-called herd immunity whereby the virus has no easy means to spread. Continue reading →

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Kia April Global Sales Recovery from Covid Contraction

Posted on 3 May 2021 by Ken Zino

Sales recovered in the U.S. led  by Telluride and Seltos SUV models, which also helped this year’s strong global results. Kia recorded its second best-ever monthly sales in the U.S., with five Kia models setting sales records this April helped by a competent Federal Government taking demonstrably successful steps to address the Covid pandemic. Continue reading →

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Hyundai Motor America Posts Record April 2021 Sales

Posted on 3 May 2021 by Ken Zino

Hyundai Motor America reported total April sales of 77,523 units, a 128% increase compared with April 2020. This is consistent with other makers’ results since last April a Fool was in the White House promoting bleach as a Covid cure as the pandemic increased in severity with disastrous social, employment and economic consequences.  Continue reading →

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Mazda Reports North American April Sales Results of 31,000

Posted on 3 May 2021 by Ken Zino

Mazda North American Operations (MNAO) today reported total April sales of 31,117 vehicles, an increase of 184.4%  compared to the Covid disaster month of April 2020 – one of many under the previous “drink bleach” federal administration. Continue reading →

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Audi Recalls 36 Models for Rear Axle Corrosion, Failure

Posted on 3 May 2021 by Ken Zino

In the required NHTSA filing Audi said: “ It cannot be ruled out that the rear axle could suddenly and uncontrollably move in the wrong direction at higher speeds. This can lead to a loss of vehicle control and a crash without warning… Due to stress corrosion on the lock nuts of these particular production batches, the nut of the excentric (sic) bolt on the trailing arm of the rear axle may break which may cause alterations in the wheel alignment of the rear axle. The driver may notice a steering wheel misalignment when driving straight ahead or the vehicle pulling to one side when braking or accelerating.” Continue reading →

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