Tag Archives: autoinformed

Mercedes-Benz to Build at Bremen Its First Electric Car – EQ

Posted on 27 October 2016 by Ken Zino

The production model will be based on the EQ show car – an electric SUV Coupe debuted at Mondial de l’Automobile 2016 in Paris last September. Continue reading →

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Mexican Senate Approves Labor Law Reforms

Posted on 27 October 2016 by Ken Zino

The Mexican Senate has unanimously approved an initiative that amends Articles 107 and 123 of the Mexican Constitution, leading the way for what could be a serious advance for workers in the country. This would impact the auto companies doing … Continue reading →

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Diesel Emission Fraud Charges Hit Volkswagen Group Profits

Posted on 27 October 2016 by Ken Zino

Gentlefolks Chief Financial Officer Frank Witter said, “The impact of the diesel issue, in particular, required a systematic, disciplined approach to investments and costs. But further significant improvements in productivity and profitability are needed across the whole Group.” Continue reading →

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Audi Dumps World Endurance Cup Racing and Le Mans after 18 Years of Success for Boring Formula E?

Posted on 26 October 2016 by Ken Zino

Unsaid was the Formula E incentives involved – rule changes, appearance money and / or a share of the F1E gate, not that racing organizations ever do such things . Continue reading →

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U.S. October Vehicle Sales Forecast Down – Again

Posted on 26 October 2016 by Ken Zino

The biggest loser appears to be diesel-emission fraud enmeshed VW/Audi, dropping to 39,645 units or -17.6% year-over-year. Other big losers are Ford Motor and FCA – aka Chrysler – with more than -10% declines in an industry that is forecast to be off by -6.8% year-over-year. Continue reading →

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Three Ford Recalls in North America on +400,000 Vehicles

Posted on 26 October 2016 by Ken Zino

The Ford safety defects arise from simple design, mechanical and assembly problems. Continue reading →

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Penske Automotive Reports Record Q3 Results

Posted on 26 October 2016 by Ken Zino

Our business continued to perform well in the third quarter, producing another quarter of record results despite the translation effects from foreign currency headwinds,” said Penske Automotive Group Chairman Roger S. Penske. Continue reading →

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U.S. Court Grants $14.7 Billion Plea in VW Diesel Fraud Case. Criminal Charges, Fines, Stockholder Lawsuits Outstanding

Posted on 25 October 2016 by Ken Zino

U.S. District Judge Charles Breyer today approved a $14.7 billion partial Consent Decree plea deal between Volkswagen, the California Air Resources Board (CARB), the Environmental Protection Agency (EPA), the U.S. Department of Justice (US DOJ) and the U.S. Federal Trade … Continue reading →

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General Motors Sets Q3 Net Earnings Record of $42.8 Billion

Posted on 25 October 2016 by Ken Zino

General Motors Co. (NYSE: GM) today announced record third-quarter earnings and revenue because of profitable U.S. retail sales and strong sales in China. Continue reading →

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Newly Wed Brazilians Traveling Around the World in 1946 Willys

Posted on 25 October 2016 by Ken Zino

A Jeep SUV is engraved on the wedding bands. Linho and Vanessa had 400 people at their wedding and are bringing them along for the ride 21st century style. Continue reading →

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FCA Recalls Jeep Wrangler for Defective Airbags

Posted on 25 October 2016 by Ken Zino

Under certain crash conditions, rotation of the headlamp can cause the sensor wiring to separate from the front impact sensor. Continue reading →

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2016 Reliability Study – Ford F150 Not Recommended

Posted on 24 October 2016 by Ken Zino

Fiat-Chrysler continue to be a depressing example of Detroit’s lack of quality or care for its customers. The Fiat 500L, the most defect-prone new car for the past two years, is now only the seventh-most troublesome. No Fiat or Ram vehicle managed even an average reliability rating. Continue reading →

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Ahead of Q3 Earnings GM Declares 38-Cent Dividend

Posted on 24 October 2016 by Ken Zino

GM reports Q3 results tomorrow. The stock, like that of Ford Motor, continues to languish in the $37 range. Analysts are concerned about GM’s almost complete reliance on the sales of trucks and SUVs in North America to make money. Continue reading →

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Camaro ZL1 Posts 7:29.6 Lap at Nürburgring

Posted on 24 October 2016 by Ken Zino

Whether it’s a great marketing move is not in question, but the Ring is not without its critics who question its relevance to production car buyers who are not the professionals – drivers and teams – who undertake such runs on racing tires. Continue reading →

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September Used Vehicle Market Sees Prices Falling

Posted on 21 October 2016 by Ken Zino

The September U.S. used vehicle market saw depreciation climb and prices drop 3.6%, making the month’s performance the largest decline recorded in 2016 thus far. Continue reading →

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