Category Archives: results

Ford Shakes up European and International Markets as CFO Shanks Retires. Restructuring Continues as Stock Languishes

The more significant news, perhaps, is happening at Ford’s European money pit and its struggling International Markets Group. Peter Fleet, president of IMG, has announced his intention to retire. Fleet, 51, held leading in Ford marketing, sales and service, and business operations globally for nearly 30 years. Prior to the establishment of the International Markets Group, Fleet served as president of Asia Pacific, leading all of Ford’s operations and partnerships across the region. Previously, he was president of Ford ASEAN and vice president, Sales, Ford of Europe. Continue reading

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Record Electric Car Sales in California. Taxpayers on the Hook

Electric and plug-in hybrid electric cars are now 7.8% of all new car sales in California, and some areas such as Sacramento and San Luis Obispo counties, nearly doubled their EV rebates this past year. Known as the Clean Vehicle Rebate Project (CVRP), its potential impact on funding is now a matter of discussion among officials. Continue reading

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Toyota and Suzuki Agree to Consider a New Collaboration

The slow-moving Japanese companies say Toyota’s strength in electrification technologies and Suzuki’s strength in technologies for compact vehicles, allows for growth through joint collaboration in production and in the popularization of electrified vehicles. Continue reading

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St. Petersburg: Newgarden in Penske Chevy Wins Opener

In a tough technical race that called into question the safety of IndyCar’s emerging philosophy to keep street tracks running under green with only local yellow flags. As a result, there were several accidents – luckily non injury but machine shredding – after initial accidents occurred as speeding race cars tried to squeeze by. Continue reading

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BMW Manufacturing Largest US Auto Exporter Again

The news comes as the disastrous results of President Trumps’ trade tampering were published. (Trump Record Deficit Watch – Another Proposed Increase) The U.S.’s trade deficit in goods with the rest of the world rose to its highest level in history in 2018 as the United States imported a record number of products, including from China. This increased the deficit to $891.3 billion as Trump caree Continue reading

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Custom Coachwork Beetles at Amelia Island Concours

“While everyone knows the humble Beetle, it’s less well-known that the Beetle platform was used by a number of coach-builders in Europe to produce the amazing, unique vehicles on show this weekend,” said Klaus Bischoff, Head of Volkswagen Design. Continue reading

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Bertha Driving the Benz Celebrated

Bertha Benz raised public attention to an invention of her husband Carl by undertaking the first long-distance car journey to Pforzheim covering nearly 100 kilometers more than 130 years age. Continue reading

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Nissan LEAF at 400,000 Sales as IMQ Crossover EV Due in 2022

Notably absent from Nissan’s puff is mention of the first and current hybrid leader an among automakers, Toyota with its Prius and numerous hybrid powertrain variations spread among the global Toyota and Lexus lineups. (Toyota Global Hybrid Sales Exceed 10 Million) Continue reading

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Saleen Cup Debuts in June as part of Blancpain GT Series

The Saleen Cup – first touted during a press conference on Friday, March 1 at Circuit of the Americas in Austin, Texas – is being held via a partnership with SRO Motorsports Group and will run concurrently with the Blancpain GT World Challenge America. Continue reading

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US Pedestrian Fatalities Highest Since 1990!

“While we have made progress reducing fatalities among many other road users in the past decade, pedestrian deaths have risen 35%,” said GHSA Executive Director Jonathan Adkins. Continue reading

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Honda Sets Records for Worldwide Vehicle Production

Total domestic automobile sales in the Japanese market for the month of January 2019 experienced a year-on-year increase at 75,776 (+24% )f or the fourth consecutive month since October 2018. New vehicle registrations experienced a year-on-year increase for the first time in two months (since November 2018). Continue reading

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Trade Wars: FCA to Expand Production Capacity in Michigan

Given his vast international experience, Manley appears ideal to negotiate the choppy waters of ongoing and yet unknown trade wars and protect FCA’s investment of nearly $14.5 billion since 2009, with ~30,000 jobs created to date. All automakers are against Trump trade policy by twitter. Continue reading

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Millennials – Soon Largest Generation in US electorate

The growing gap by education is even more apparent when looking at annual household income of the elite. For households headed by Millennials ages 25 to 37 in 2018, the median adjusted household income was about $105,300 for those with a bachelor’s degree or higher, roughly $56,000 greater than that of households headed by high school graduates. The median household income difference by education for prior generations ranged from $41,200 for late Boomers to $19,700 for the Silent Generation when they were young. Continue reading

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HondaJet Sales First in Class for Second Consecutive Year

Honda Aircraft Company has changed its aircraft production line from the original HondaJet to the HondaJet Elite and will continue to offer the performance package developed by the Advanced Performance Modification Group (APMG) for the original HondaJet. The company expects to maintain production of four to five aircraft per month. Continue reading

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Whoops! Now Ford Motor Has Emissions Problems

Ford says it is now taking several actions, including hiring an unnamed outside firm to investigate the vehicle road load specifications used in Ford testing and applications to certify emissions and fuel economy. Road load can of course be manipulated since it is used in vehicle dynamometer testing, including for fuel economy ratings and emissions certifications. Continue reading

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