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Tag Archives: zino
GM Awards A123 Contract for Batteries for Electric Vehicles
Teams from both companies will now work on developing calibrations and software controls for the battery system in preparation for production. Continue reading
GM CEO Akerson Buys Another 10,000 Shares at $25.05
Akerson vowed this week that there was plenty of upside in GM stock given its new structure and emphasis on managing costs. On a cost cutting side, one program with great promise involves vehicle architectures. Akerson said “We need to simplify.” The company said that by 2018 it plans to cut that number to 14 from the 30 currently use.
Skeptics, and there are many, say show us the earnings per share and start paying dividends. Well, at least Akerson is putting his money where his promises are, so to speak. Continue reading
EU-South Korea Free Trade Agreement Favors Koreans
Under current market conditions, this waiver will not balance the current €10.7 billion trade deficit in automobiles, according to the respected consultancy Frost & Sullivan. Continue reading
Posted in auto news, economy, labor issues, news analysis
Tagged auto informed, auto news, autoinformed, autoinformed.com, automotive news, eu korea fta, eu korean fta, ford Europe, free trade, frost & sullivan, fta, Ken Zino, korea fta, Korean fta, prana tharthiharan natarajan, unemployment, zino
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$10,000 Solar Panel Option Coming for Focus Electric Vehicle. Ford is using the new “Green Math” to Calculate Benefits
So if you have enough sunshine to generate the 3,000 kWh, that means you save $330 annually for a pay back period of, um, 30 years and four months (using basic arithmetic, not green math). The panels are guaranteed for 25 years by the way. Continue reading
Posted in alternative fuels, auto news, electric vehicles, energy, environment, news analysis, transportation
Tagged auto informed, auto news, autoinformed, autoinformed.com, automotive news, electric cars, electric vehicles, focus electric, focus ev, Ford, ford evs, Ken Zino, mike tinskey, solar power, solar power for evs, sunpower, taxpayer subsidies, zino
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Ron Bloom Resigns as Assistant to the President for Manufacturing Policy. Was Key Player in Auto Bailouts
Bloom was part of a team headed by Stephen Rattner at the U.S. Treasury Department that was responsible for forcing drastic bankruptcy restructurings and CEO firings at General Motors and Chrysler as they were on the verge of being liquidated in 2009. Continue reading
Posted in auto news, manufacturing, people
Tagged auto bailout, auto informed, auto news, autoinformed, autoinformed.com, automotive news, Chrysler bankruptcy, fiat Chrysler, gm bankruptcy, Ken Zino, obama administration, ron bloom, steven rattner, taxpayer subsidies, united steelworkers, zino
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NHTSA Opens BMW Defect Probe on 120,000 7-Series Models
The National Highway Traffic Safety Administration has opened a preliminary engineering investigation on 120,000 2002-2008 BMW 7-Series models because of one complaint. The Office of Defects Investigation said in a regulatory filing today that it has received a single complaint from a consumer alleging a rollaway incident with a model year 2006 BMW 7-Series vehicle after parking and exiting the vehicle. Continue reading
High Fuel Prices Having Little Impact on Vehicle Choice?
Rising fuel prices are having little effect on the type of vehicles U.S. buyers are considering. This latest research conundrum comes from consultancy AutoPacific, which claims that while drivers are complaining about fuel costs, the choice of a future vehicle appears decoupled from them. Continue reading
California Air Resources Board Approves GM Crate Engine
All E-ROD crate engines include required emissions equipment, such as catalytic converters and a fuel tank evaporative emission canister, along with an engine control module calibrated for a balance of performance and efficiency. GM said it is the only automaker with authorized, emissions-compliant high-performance aftermarket engines. Continue reading
Posted in aftermarket, auto news, environment, performance
Tagged auto informed, auto news, autoinformed, autoinformed.com, automotive news, e-rod, gm crate engine, GM Performance Parts, gm v8, Ken Zino, zino
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GM Stock Below $25 down from $39 High as Conference Opens
During the program, senior leaders reviewed GM’s progress and outline plans for further improvement. In a sense GM is playing a “beat the reaper” game – can GM increase share and sales of less profitable small cars such as the Chevrolet Sonic, which is just entering production, at a greater rate than the drop off in truck sales and larger per unit profits in North America, while growing in Eastern Europe, South America and Asia? Continue reading
Posted in auto news, economy, financial results, news analysis, results, sales
Tagged auto informed, auto news, autoinformed, autoinformed.com, automotive news, dan akerson, GM, gm business plan, gm earnings, gm global business conference, gm ipo, gm outlook, gm returns, gm stock price, Ken Zino, zino
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Toyota Yaris Now $14,875! Tundra and Sienna also Increase
The strong Japanese Yen is making itself felt on this side of the Pacific Ocean as Japanese automakers continue to raise prices. Japanese automakers are facing an unprecedented change in their competitiveness – they no longer have a price advantage over the Detroit Three or Korean automakers. In fact, companies that are heavily dependent on Japanese production of components and vehicles have a price disadvantage amounting to thousands of dollars per vehicle.
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President Obama to Announce First Fuel Economy Regulations for Heavy Trucks, Buses. $50 Billion in Fuel Savings Claimed
The complicated standards vary by size and type of truck, and whether gasoline or diesel engines are used. However they appear stringent, calling for a 7-20% reduction in emissions with roughly corresponding increases in fuel economy. Continue reading
Posted in alternative fuels, auto news, energy, environment, fuel economy or emissions, global warming, milestones, news analysis
Tagged auto informed, auto news, autoinformed, autoinformed.com, automotive news, cafe, epa, fuel economy, ghg emissions, heavy truck cafe, Ken Zino, medium truck fuel economy, nhtsa, truck cafe, truck fuel economy, zino
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BMW Group Posts Record Global Sales for July
BMW was the best-selling premium automobile brand in the US market, although incentive costs were rising to almost $3,000 a unit and Lexus was effectively shut out of the market because of earthquake shortages. Continue reading
Posted in auto news, economy, news analysis, results, sales
Tagged auto informed, auto news, auto sales, autoinformed, autoinformed.com, automotive news, BMW, bmw group results, bmw july sales, Ken Zino, results, zino
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NHTSA Investigating Ford Mustang Manual Transmissions
NHTSA’s Office of Defects Investigations has received 32 complaints alleging an unexpected inability to shift into gear on model year 2011-2012 Ford Mustangs equipped with manual transmissions. According to a filing by the National Highway Traffic Safety Administration some of the reports allege that the incidents occurred while merging into high speed traffic; others allege that incidents occurred while turning left across oncoming traffic. Continue reading
Toyota and Tesla to Build RAV4 EV at Toyota’s Woodstock, Ontario Production Facility, Not California
It was a blow to former NUMMI members in Fremont, California whose UAW plant was shut down by Toyota last year. It was hoped that production of the RAV4 EV would go into the plant when Tesla bought it in 2010. Toyota owns a stake in Tesla, and Tesla previously said that a Model S electric sedan will go into production at NUMMI sometime during 2012. Tesla’s latest financial results showed a $59 million loss for Q2. Continue reading
Posted in alternative fuels, auto news, electric vehicles, environment, fuel economy or emissions, manufacturing, new vehicle, news
Tagged auto informed, auto news, autoinformed, autoinformed.com, automotive news, canadian taxpayer subsidies for Toyota, EVs, fremont california, Ken Zino, nummi, pruis, rav4ev, taxpayer ev subsidies, taxpayer subsidies, tesla, toyota ev, Toyota rav4 ev, zino
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