Tag Archives: Ken Zino

AAA – Weekly Average Pump Gas Prices Up 27 Cents!

Posted on 30 April 2026 by Ken Zino

Gas prices are going back up again, according to the latest data from AAA. The national average is $1.12 higher than it was at this time last year. Oil prices are above $100/barrel.

“After ticking down for nearly two weeks, gas prices are going back up again with the national average seeing a 27-cent hike in one week. The national average is $1.12 higher than it was this time last year, as oil prices surge above $100/barrel with no indication of when the Strait of Hormuz will reopen. Gas prices are the highest they’ve been in four years since late July 2022,” AAA said in a release. Continue reading →

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Ford Motor Posts Q1 2026 Operating Net of $2.5B

Posted on 29 April 2026 by Ken Zino

“The path to higher margins is clear, and the first-quarter demonstrates those building blocks in action,” said Sherry House, the estimable Ford CFO. “The strength in the quarter reflects strong execution in our profit pillars, and we remain on track to deliver our full-year cost reductions. When combined with accretive recurring revenue from software and physical services and decisive actions to improve our EV performance, we are driving a fundamentally more profitable business, allocating capital with extreme discipline, protecting our balance sheet, and positioning Ford to deliver consistently higher returns.” Continue reading →

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Penske Automotive Group Posts Q1 2026 Net of $234.5M

Posted on 29 April 2026 by Ken Zino

“In the first quarter of 2026, our business delivered over 126,000 retail automotive and commercial truck units, generated $7.9 billion in revenue and $323.7 million in earnings before taxes. During the quarter, we continued to demonstrate a flexible approach to capital allocation by completing the acquisition of two Lexus dealerships in the Orlando metropolitan area of Central Florida, increasing the dividend paid to stockholders by 1.4% and repurchasing 170,393 shares of common stock,” said Chair Roger Penske. Continue reading →

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GM Canada to Build Next-Generation Truck V8 Engines

Posted on 29 April 2026 by Ken Zino

General Motors Canada (NYSE: GM) said today that it is investing C$691 million in its St. Catharines Propulsion Plant to support production of the sixth generation of General Motors’ V8 engine, which will power GM full-size trucks and SUVs. Yesterday, GM reported strong sales and earnings for Q1 2026 bolstered in part by sales of such vehicles. Complicating GM’s global strategy is the Trump mis-administration’s repudiation of the successful North American Free Trade Agreement (NAFTA) and its subsequent revision proposed, promoted and signed by President Trump known in the U.S. as USMCA (United States-Mexico-Canada Agreement) Continue reading →

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IIHS – Drivers More Likely To Use Phones While Speeding

Posted on 28 April 2026 by Ken Zino

Drivers are more likely to use their phones while speeding, a tendency that increases crash risk by combining two dangerous behaviors, according to a new study released today by the Insurance Institute for Highway Safety.* “Until now, safety experts believed … Continue reading →

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GM Posts $2.6B Q1Net on $46.3B Revenue. Ups Guidance

Posted on 28 April 2026 by Ken Zino

“We have solid momentum in our core operations. We maintained overall sales leadership in the U.S. and Canada. We led the U.S. industry in full-size pickup sales and share, with 42% of the market, and we were #1 in Fleet, including Commercial deliveries. In addition, we were Number Two in EVs with growing market share, and Number One in Canada,” said CEO and Chair Mary Barra. Continue reading →

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Trump Slump Forecast – February 26 New Vehicle Sales Drop

Posted on 25 February 2026 by Ken Zino

“The new-vehicle sales pace shifted to a lower gear in Q4 of last year, and that weakness is expected to continue through this month as well,” said Charlie Chesbrough, senior economist at Cox Automotive. Continue reading →

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Japanese Top Consumer Reports 2026 Automotive Report

Posted on 4 December 2025 by Ken Zino

“We’re releasing new overall score rankings,” said Jake Fisher, CR’s Senior Director of Automotive Testing. “That’s really who makes the best cars along with new car reliability, used car reliability, which is really looking 5 to 10 year old models that are on out in the road, owner satisfaction, our road test scores, repair costs. … We have all the information for each one of the models on our website. That’s all live right now…. We are very excited that this year. We actually have the most amount of vehicles that we’ve had for a very long time. We’ve made some changes to make the survey easier to complete. … We’ve actually gone from 300,000 vehicles in the survey to 380,000 vehicles in the survey. That’s total.” Continue reading →

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Constitution Day 2025 Thoughts

Posted on 17 September 2025 by Ken Zino

The point here is that to govern without facts is madness. Leaving aside the historical revisions that show that King George III, the monarch who lost the colonies to what became the United States, was, well,  mad as a hatter in his later years. Donald J. Trump – the man who wishes to be our King now  – should not be our president based on his deteriorating mental condition. He doesn’t even know what is going on in his own administration.Is Trump going to fire the entire CBO? [See the following] It’s time for “We the People” to fire Trump and his Curia Regis, the advisors – cabinet members, agency heads and the like – who are against the facts or falsify them. Continue reading →

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UAW Has Tentative Contract at GE Aerospace

Posted on 13 September 2025 by Ken Zino

The UAW said today that after a two-week strike over “unfair labor practices,” UAW Local 647 members at GE Aerospace now have an agreement that addresses  the principal issues. The tentative agreement covers a five-year term. However, all picket lines at both the Erlanger, Kentucky and Evendale, Ohio sites will continue until the UAW Local 647 membership (~600) at GE Aerospace holds a ratification vote on Friday 19 September 2025. The strike was the first UAW strike at GE since 1988. Continue reading →

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Mercedes-AMG Hybrid Wagon Priced – Bring Money

Posted on 12 September 2025 by Ken Zino

Mercedes-Benz USA said today that 2026 Mercedes-AMG E 53 Hybrid* arrives at U.S. dealerships in early fall 2025, starting from $93,3502. That excludes a $1150 destination and delivery charge as well as options. AutoInformed speculates that Trump Tariff chaos had something to do with the price. Green would be an appropriate color under the circumstances. No U.S. photos or the rear interior area of the wagon were provided. Continue reading →

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New Porsche 911 Turbo S Most Powerful 911 Ever

Posted on 12 September 2025 by Ken Zino

Porsche (P911.DE) showed the new 911 Turbo S series at the IAA Mobility motor show in Munich. The twin-turbo powertrain with so-called T-Hybrid technology makes the new 911 Turbo S the most powerful production 911 thus far. The sports car, available as a coupé and cabriolet, claims more intelligent aerodynamics, an optimized chassis and more exclusive equipment. Prices, inevitably high, are thus far are unknown. They will be influenced negatively by the ongoing Trump Tariff economic chaos.

“The 911 Turbo S is the most complete and versatile form of driving a Porsche 911. Whether in daily use, on long autobahn journeys or on the racetrack – we have made the new 911 Turbo S even more comfortable, more individual and significantly faster than its predecessor,” said Frank Moser, Vice President of the 911 and 718 model line. Continue reading →

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Trump Economics – Growth Slowing, Unemployment Rising

Posted on 11 September 2025 by Ken Zino

John C. Williams, President and Chief Executive Officer Federal Reserve Bank of New York spoke at the Economic Club of New York on 4 September 2025. The views expressed are his own. However, AutoInformed notes that, regrettably, the data when … Continue reading →

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Gasoline Prices Stable as Summer Travel Ends

Posted on 11 September 2025 by Ken Zino

“The national average for a gallon of regular is down about a penny to $3.19. There remains an abundance of crude oil supply which is outweighing demand. The seasonal transition to winter-blend gasoline – which is cheaper to produce – is also beginning. While the national average has been relatively stable, drivers in the Pacific Northwest are feeling pain at the pump. Gas prices in the area have jumped more than 20 cents in the past week due to the shutdown of a major pipeline that transports fuel from Washington to Oregon. The pipeline is reportedly expected to resume operations in a few days,” said AAA Continue reading →

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Trump Tariffs Hit N.A. Automakers $1.389B

Posted on 11 September 2025 by Ken Zino

“Tariffs hit North American automakers hard in July,” said Patrick L. Anderson, Principal & CEO of Anderson Economic Group. “The automakers made extensive use of temporary allowances that effectively allowed an exemption for the majority of both parts and vehicles through June. That changed in July for assembled vehicles, and we can expect that these costs will become embedded into the prices consumers are paying in the very near future.” Continue reading →

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