Tag Archives: autoinformed.com

Ghosn Shakeout is Ongoing as Thierry Bolloré, CEO Renault SA, is Fired by the Board of Directors

The Carlos Ghosn matter has turned into farce as investigations into Nissan and its JVs with Renault  0n corporate governance practices post Carlos Ghosn revealed layers of incompetence and/or malfeasance, as well as various degrees of criminal activity that are rarely observed in western corporations. Continue reading

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CAR – Estimated Costs of the UAW-GM Strike are Low

CAR estimates the U.S. employment multiplier for UAW-GM jobs is 11.5.This means that when UAW-GM workers are at work producing vehicles, engines, transmissions, stampings, parts, and components, every UAW-GM job supports 10.5 other jobs in the U.S. economy, with 3.2 of those jobs in the production-focused U.S. supplier sector.
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Ford Motor Company Q4 Dividend Declared at 15 Cents

The Board of Directors of Ford Motor Company today declared a fourth quarter regular dividend of $0.15 per share on the company’s outstanding Class B and common stock. It is currently trading at ~$9.50 (7% yield), with a 52-week range of $7.41 – $10.56. Continue reading

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Western European Passenger Car Sales Weak

The introduction of WLTP in September 2018 distorted the market in August and September last year, with a high base effect in August and a low base effect for September as it became clear that diesels were dirty and not meeting emission standards. Continue reading

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US Medical Uninsured Rate and Number Up from 2017

Healthcare of course is one of the key issues in the ongoing UAW GM strike. Continue reading

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Ford Motor Issues Two Safety Recalls, Expands a Previous One

Ford Motor Company issued two safety recalls in North America yesterday and amended safety compliance recall 19C07 to expand the number of suspect vehicles. Continue reading

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FCA US Q3 Sales Flat at 565,000

FCA touted three sales records for the third quarter as buyer bought or leased premium technology and interior upgrades on heavy-duty trucks. Continue reading

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Strike Crippled General Motors Q3 US Sales Up 6%

General Motors Co. (NYSE: GM) dealerships delivered 738,638 vehicles in the United States in the third quarter of 2019, an increase of 6.3% compared to the third quarter of 2018. GM’s fleet mix of total sales was 19.5 %, down 0.3%, year over year. End of September inventory was 759,633 units. Thus far the GM UAW strike has had little effect on sales. Continue reading

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Q3 Ford Motor US Sales Continue Slump

Ford, as always,  tried  a positive spin claiming it was a transition year of its phasing out of cars – Focus, C-Max, Taurus – with a changeovers ongoing in the all new Explorer and Escape, which are undergoing complex launches that in our view are showing mixed results. The freshened Escape went on sale last week. The new platform Explorer launch is going slowly with hopes that sales will expand in Q4. How Ford ran out of inventory of Explorers is puzzling, However given the history we bet quality issues loomed large. But pay no attention to that man behind the curtain… Continue reading

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Amazon Selling Level 2 Electric Vehicle Home Chargers

The Electrify America Electric Vehicle Home Charger is compatible with all electric vehicles available in the North American market today. It has a charging power of up to 7.6kW – about 6 times faster than the typical Level 1 charger provided to some new EV owners, depending on vehicle make and model. Continue reading

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Weak Chinese Retail Sales in August Delay Recovery

Chinese passenger production improved in August, with a drop of  -0.7% to 1.66 mn units, recovering from the double-digit declines seen in recent months. LCV output fell by – 0.9% to 0.24 mn units. LV output was down by 0.8% YoY, on total build of 1.90 mn units. Now that vehicle stocks have been unwound, OEMs no longer are carrying bloated inventories and are preparing to resume normal production rhythms, says LMC. However, LMC decided to make a further cut to the passenger vehicle growth forecast for 2019, from -5.5% to -7.4%. This is bad news for the global economy in general and the Detroit Three. Continue reading

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Ford Restructuring – Mahindra Joint Venture Announced

The joint venture will be responsible for expanding the Ford brand in India and exporting its products to Ford entities globally. Ford will continue to own the Ford brand, and its branded vehicles will be distributed through the current Ford India dealer network. Mahindra will continue to own the Mahindra brand and operate its own independent dealer network in India. Continue reading

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Mercedes One, Two at Russian Grand Prix. Ferrari Third

Formula One continued its struggle to put on a race on the track at the Russian Grand Prix yesterday, as safety cars once again turned the racing into a battle of pit crews with the drivers providing entertainment via their car radio communications complaining or questioning the team strategies. Continue reading

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BMW Motorrad Heritage Collection 2020 Coming

The famous black and white color of the early motorcycles is claimed to be reflected throughout the entire collection. The original branding and the BMW metal emblem are also incorporated in the design. The copper-colored details and visual accents displayed in these garments are similar to the materials used in classic BMW motorcycles. Continue reading

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Fiat Chrysler Cops Plea on Fraudulently Reporting Sales

According to the SEC’s order, between 2012 and 2016, FCA US issued monthly press releases falsely reporting new vehicle sales and falsely touting a “streak” of uninterrupted monthly year-over-year sales growth. However, the growth streak had been broken in September 2013.  Continue reading

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