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Tag Archives: Kenneth Zino
Ford Performance Shows Mustang Cobra Jet Electric Dragster
“Ford has always used motorsport to demonstrate innovation,” said Dave Pericak, Global Director, Ford Icons. “Electric powertrains give us a completely new kind of performance and the all-electric Cobra Jet 1400 is one example…we also have the all-electric Mustang Mach-E joining the Mustang family.” COVID-19 might push back the debut though. Continue reading
Daimler Confirms 2020 Group Sales and Revenue Will Decline
“The effect of the COVID-19 pandemic on customer demand, supply chains and vehicle production cannot be assessed with the usual degree of detail and certainty, making the re-evaluation of the forecast for the fiscal year 2020 complex.” Continue reading
Groupe PSA Q1 2020 Revenue -15% at €15.2 Billion
PSA says the outlook is currently difficult to assess and will depend on the scale, duration, and geographic extent of the Covid-19 crisis, as well as the measures taken by the countries concerned. Continue reading
Ford Mustang Touts World’s Best-Selling Sports Car Tag
Mustang sold 102,090 units, according to the most recent new vehicle registration data from IHS Markit, making it the best-selling sports car in the world in 2019. During this period, Mustang sales in Germany increased 33%, in Poland sales rose by nearly 50%, and in France, they nearly doubled from laughably small bases. Continue reading
March Global Light Vehicle Sales Plunge. Prelude to Rest of the 2020 Year or the Trend for Years After?
Almost all major vehicles markets suffered steep year-over-year declines in March. The beginning of a downward spiral of unknown duration, according to consultancy LMC with 2020 dropping to 71 million units compared to, gulp, 90 million in 2019 Continue reading
Business, Politics, States Can Work Together in Germany
Porsche, DB Schenker and Lufthansa Cargo are helping Baden-Württemberg and the Free State of Saxony with the coronavirus crisis. The automaker put together a task force with six employees from the Procurement department and is organizing supply chains of urgently needed protective equipment on behalf of German state governments. Continue reading
After Worst Collapse Since the 1930s, The Recovery is?
For many of the consumer-facing service sectors, a U- or even L-shaped recovery seems more likely, given the expected reluctance of people to engage in activities that put them in contact with groups of other people (travel, entertainment, etc.). Continue reading
2020 Commercial Vehicle Production Forecast down -22%
Global commercial vehicle production (GVW 4-8) volumes in 2020 compared to 2019 are forecast to be down -22% or more than 650,000 units to 2.6 million units because of the COVID-19 pandemic, according to the most recent analysis from IHS Markit (NYSE: INFO). Continue reading
FCA Recalls RAM Pick-up Trucks for Bed Step Failures
“In certain side loading conditions, the bed step may unexpectedly fail while in use,” Chrysler said in the required NHTSA filing. Continue reading
GM Expands Medical Projects, Hospital Charitable Deliveries
These projects are led by employee volunteers looking to apply their automotive-production skills – from 3D printing to sewing upholstery – to help those fighting the coronavirus pandemic. Initially, these projects were grassroots efforts, with employees delivering handmade samples to hospitals for feedback and tweaking prototypes based on feedback, which fed into the final designs. Continue reading
Most Say Trump Too Slow in Coronavirus Response
With the Trump administration and many state governors actively considering ways to revive the stalled U.S. economy, the public strikes a decidedly cautious note on easing strict limits on public activity. About twice as many Americans say their greater concern is that state governments will lift restrictions on public activity too quickly (66%) as say it will not happen quickly enough (32%). Continue reading
US Used Vehicle Wholesales Virtually Stopped in March
“The outlook is based on macro-economic expectations, specifically that the country will experience significant job losses through the second quarter. Currently, our forecast has prices falling by 1.7% on a full-year basis versus 2019,” Paris said. Continue reading
Challenging Start in Q1 as Porsche Delivers ~53,000 Vehicles
During the first three months of 2020, Porsche sold 53,125 vehicles to customers worldwide. Compared to the year before, deliveries were down by 5% due to the effects of the coronavirus pandemic. Continue reading
Posted in results, sales
Tagged auto industry commentary, autoinformed.com, COVID-19, Detlev von Platen, Kenneth Zino, Porsche Q1 Sales
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Toyota Yaris Cross Makes Virtual World Debut
Cross follows last year’s debut of the all-new Yaris, unveiled in October 2019 as the next-generation compact car, which – it was claimed – brought enhanced driving pleasure, the world’s highest level of fuel efficiency for its class thanks to its use of Toyota’s latest hybrid system, as well as advanced safety and security technologies. Continue reading →