Author Archives: Ken Zino

COVID-19 Auto Related Closings, Openings, Closings

Updated from 16 March 2020 onward Continue reading

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COVID-19 Ups Auto Use, Mass Transit Drops

An unintended but not surprising effect of the COVID-19 plague see the use of mass transit plummeting as driving use remains resilient, consultancy LMC reports this morning, “As US states and European countries come out of lockdown, a pronounced preference … Continue reading

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NASCAR Finally Bans Confederate Traitors’ Flag at All Races, Venues and Properties

I know that if you ask NASCAR about what it has actively done to integrate the sport and its businesses over the decades – once you get past the self-interested ticket sales of its minority policies – and the deeds are sparse. Continue reading

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Penske Automotive – May Business Improving

“Since the COVID-19 pandemic began impacting operations in the second half of March, we took actions to reduce costs and preserve our liquidity position.  Based on these actions, I expect further improvements to our operating results in June and into the second half of the year as the economy continues to recover,” said Penske Automotive Group CEO Roger Penske. Continue reading

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May US Budget Deficit, Gulp, $424 Billion

The federal budget deficit in May was $424 billion, about double the amount in the same month last year, the Congressional Budget Office estimates. That increase stems from the economic disruption caused by the 2020 corona virus pandemic and from … Continue reading

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Commerce, HHS, FDA to Fight Online Opioid Sales

Under the program, the National Telecommunications and Information Administration (NTIA) and the U.S. Food and Drug Administration (FDA) will work with three domain name registries, Neustar (.us), Verisign (.com, .net) and Public Interest Registry (.org), to suspend the domain names of websites found to be illegally selling unapproved opioids. Continue reading

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COVID-nomics – Plague Meets the Dreary Science

The UK consumer new car finance market reported new business volumes 97% lower in April 2020 compared with the same month in 2019, and a fall of 37% in the first four months of 2020.  The percentage of private new car sales financed by FLA members was 94.5% in the twelve months to April 2020. Continue reading

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Milestones – VW Chattanooga One-Millionth Vehicle

Milestones – VW Chattanooga One-Millionth Vehicle Continue reading

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Groupe PSA, Punch Powertrain Expand EV JV

Punch Powertrain will contribute its DT2-related business unit, including engineering, manufacturing, and support functions to the new entity which is expected to be operational by the third quarter 2020. Continue reading

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It’s Come to This – Mazda Digital MotorSport

Whether this is a temporary or lasting Covid influence people all over the world can connect online and enjoy the same digital conditions regardless of country, region, language or generation. Continue reading

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US International Trade Deficit Soars in April to $50 Billion

The US  international trade deficit in goods and services increased to $49.4 billion in April from $42.3 billion in, as exports and imports saw their largest monthly declines in history. It is the latest indicator that economy is struggling during the COVID-19 crisis according to Commerce Department data. The bad news increases if you consider the unemployment crisis. Continue reading

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Must See! Virtual Viral Tour of Mercedes Museum

Alongside the “magical installations, the highly dynamic clip casts a spell of enchantment on the viewer with flight sequences that top anything seen to date,” in the hyperbolic view of the communications department. Continue reading

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Milestones: Volkswagen Completes Promised Argo AI Funding

The numerous problems confronting Ford Motor and Volkswagen AG revolve around a central issue: Whether the two global giants and hundreds of thousands of workers can work together or consume shareholder capital at astonishing, company threatening rates without producing the promise efficiencies – on time and on budget. Continue reading

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Rolls-Royce on CS Rolls’ Record Run in a Wright Flyer

Among the spectators on the cliffs were Rolls’ parents, Lord and Lady Llangattock, and his sister and brother-in-law, Sir John and Lady Shelley. He was in a Wright Flier. Continue reading

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Auto Assembly Plant Restarts  – Yes, Maybe and Unknown

FCA, GM, and Volkswagen announced planned to restart production at four plants during the week of 31 May 2020. Continue reading

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