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Tag Archives: automotive news
No Jobs Crisis Continues in May as Washington Dithers
The looming choices facing voters are clearly unpalatable. At the top of the ticket, you have the demonstrably job-destroying Harvard-educated Republican party 1 percenter Mitt Romney running against the demonstrably non-job creating Harvard-educated Democratic party 1 percenter Barack Obama. It is time to put the name “somebody else” on all ballots, which if somebody else wins starts another election with the other previously listed candidates disqualified from running again. Continue reading
Japanese Big 3 – Toyota, Honda, Nissan – Sales Up in May
Toyota Motor came close to displacing Ford Motor from its assumed Number 2 spot in the U.S. by posting monthly sales of 202,973 – within a rounding error of Ford’s 215,699 and firmly putting Toyota in the Number 3 sales spot for the year-to-date. The other Japanese powerhouse members were also back in shape. American Honda posted sales of 134,000 (576,000 ytd) easily ahead of the Nissan at 92,000 (485,000 ytd). With a new Accord and Altima due this fall, the family car market is about to becomes more competitive than it has been in years, which is good for buyers but might leave weaker and older entries as road kill. Continue reading
Posted in auto news, marketing, results, sales
Tagged auto informed, autoinformed.com, automotive news, BMW, CX-5, honda, hyundai, Ken Zino, kia, lexus gs, may sales, mazda, mercedes-benz, nissan, results, Skyactiv, toyota, volkswagen
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Chrysler, Ford and GM Post Best U.S. May Sales in Years. But…
Chrysler, Ford and GM posted the best May sales in years today as the U.S. auto market continued its slow recovery to what looks to be shaping up as a 14 million unit year – the best since the collapse of the economy under the waning years of the Bush Administration. In terms of numbers, GM once again led with sales of 245,000 light cars and trucks – it’s highest in 33 months, followed by Ford Motor (209,000) and Chrysler Group (150,000). The market appears to be slipping away from Ford and General Motors, though. Only Chrysler Group at 689,000 year-to-date for a 33% increase outraced industry growth of 13%. Ford Motor up 6.5% (933,000) and GM up a mere 2% at 1,067,000 badly lagged the auto sale expansion. Continue reading
Posted in auto news, news analysis, results, sales
Tagged auto informed, autoinformed.com, automotive news, chrysler sales, ford sales, gm sales, Ken Zino, may sales, results, u.s. sales
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Ford Stays Number Two in May Sales Ahead of Toyota by 6,000
Whether Ford can retain the Number Two spot as it converts plants to build the new 2013 Fusion and Escape as well as the Lincoln MKZ remains to be seen. Ford is capacity restrained and during May it could have sold more of ‘high demand” vehicles such as the Ford Fusion. Continue reading
Posted in auto news, news analysis, results, sales
Tagged auto informed, autoinformed.com, automotive news, ford results, Ken Zino, may sales, results, Toyota results
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Honda Makes Money on End of Life Car Recycling in Japan
Honda Motor Company in its annual report covering end of life car recycling in Japan said today it made money on the sustainability program that is part of Japanese regulations. The total cost of the recycling efforts amounted to ¥3.48 billion ($44.55 million), which was ¥290 million ($3.7 million) less than the total recycling proceeds received which was ¥3.77 billion yen. Continue reading
Posted in auto news, environment, results
Tagged auto informed, autoinformed.com, automotive news, end of life recycling, honda, japan, Ken Zino, recycling
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Now it’s Football, Bangers, Mince Pie and Chevrolet
Chevrolet is entering into a five-year deal with Barclays Premier League member Manchester United to become the club’s Official Automotive Partner. Chevrolet’s five-year agreement includes the creation of the Chevrolet China Cup in July, with matches against Shanghai Shenhua FC and team in “another” Chinese city, which will be announced later. This is Chevrolet’s first global football sponsorship in the brand’s 101-year history. Continue reading
Posted in auto news, marketing, milestones, news
Tagged auto informed, autoinformed.com, automotive news, chevrolet china cup, china, football, Ken Zino, manchester united, shanghai shenhua fc, slow hockey, soccer
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BMW Zagato Coupe: Concept or a Small Production Run?
The Concorso on the shores of Lake Como began as a get-together of coachbuilders presenting one-off hand-built creations, but some of the press photos supplied by BMW were taken at its test track in Germany, a sign that more than one copy of the coupe will appear for wealthy buyers. Continue reading
U.S. DOT Closes 26 Bus Operations in Its Largest Crackdown
The Federal Motor Carrier Safety Administration announced today that it has shut down 26 bus operations, declaring them “imminent hazards” to public safety, the largest single safety crackdown in DOT’s history. Continue reading
April Japanese Automaking Surges with $13 Billion in Exports
The strong recovery is bad news for the Detroit Three since many of the vehicles will be shipped to North America, by far the largest export market for Japanese automakers. More than 157,000 vehicles were shipped to North America, with 140,000 of those sent the United States, where the new vehicle market is slowly growing once again. Continue reading
Ford Motor to Sell Former Visteon Lighting Plant in Ohio
After this sale, ACH or Automotive Components Holdings will have only one remaining operation – the climate control business at its Sheldon Road plant in Plymouth Township, Mich. ACH was formed by Ford in 2005 to sell or close 23 former Visteon plants. Continue reading
Posted in auto news, manufacturing, results
Tagged ach, auto informed, autoinformed.com, automotive news, flex|n|gate, ford motor, Ken Zino, shaid khan, visteon
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Last Dodge Charger R/T Hemi Restoration Underway
The last hemi engine car to roll off any Chrysler production line during the sixties and seventies muscle car era – a 1971 Dodge Charger R/T – is undergoing a complete frame-off restoration at RK Motors in Mentor, Ohio. Continue reading
Posted in auto news
Tagged 1971 dodge charger hemi, auto informed, autoinformed.com, automotive news, charger r/t, hemi, hemi restoration, Ken Zino
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Ford, State Farm Offer Auto Insurance Based on Miles Driven
Ford Motor Company and State Farm Insurance have announced that drivers who allow their Sync equipped vehicle to report actual in use mileage could have their auto insurance premiums reduced by as much as 40%. Continue reading
Posted in auto news, insurance, marketing
Tagged auto informed, auto insurance, autoinformed.com, automotive news, Drive Safe & Save, ford sync, Ken Zino, state farm
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EU Commercial Vehicle Sales Drop 12% in April
Unlike the car market in Europe, which is in its fifth straight year of declining sales year-over-year, the commercial vehicle market was posting small gains until about a year ago. The declines since then are an ominous sign that EU economic problems are deepening as voters are turning out existing governments and demanding economic stimulus packages from new or surviving ruling elites. Expanding debt ridden national economies has thus far have been resisted mostly by the German government, which has a relatively stronger economy keeping it in power for the moment. Continue reading
Posted in auto news, economy, news, news analysis, results, sales
Tagged acea, auto informed, autoinformed.com, automotive news, eu, eu commercial vehicle sales, eu sales, Ken Zino, results
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Republican NLRB Member Terence Flynn Resigns Over Ethical Violations. Romney Adviser under Criticism for Links
Flynn’s resignation as a temporary Board member is effective 24 July 2012, a laughably long time given the seriousness of the findings by the Inspector General of many instances of misconduct. In the view of many critics, Flynn should resign immediately and the Department of Justice should pursue criminal charges. For the moment, Flynn has recused himself from all agency business and has asked that the President withdraw his pending permanent nomination for Board Member of the NLRB. Continue reading
Mid-America Pipeline and Enterprise Products Fined for Spills
As part of a consent decree recorded today in the U.S. District Court in Omaha, Nebraska, in addition to paying a $1,042,000 civil penalty, the companies have agreed to undertake various measures aimed at reducing external threats to their pipeline, enhance their reporting of spills, and spend at least $200,000 to identify and prevent external threats to the pipeline involved in the spills. Continue reading
