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- Cadillac LYRIC – Taking Back the Luxury EV Lead? | AutoInformed on GM and EVgo to Add EV Fast Chargers Nationwide
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- Nissan to Keep Production and Employment in Spain | AutoInformed on Nissan Posts -¥671.2 Billion Loss for Fiscal Year 2019
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Tag Archives: autoinformed
A New Leaf – Nissan Takes Electricity to Pay for Parking
The Nissan Pavilion opens to the public tomorrow. Nissan says the payment system is “just one of the many innovations customers can experience at the Pavilion, built to show how Nissan moves people to a better world.” Continue reading
Ford Motor Q2- Sales Drop -53%. Debt Grows $10B
Analysts, a mysterious species to AutoInformed were surprised and delight. AutoInformed noted an ongoing warranty cost disaster, which is a management failure not a Covid issue. It remains troubling as Ford is introducing increasingly complex vehicles. Continue reading
Posted in economy, financial results, news analysis, results
Tagged Argo AI, auto industry commentary, autoinformed, autoinformed.com, Ford Motor Earnings, Ken Zino
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Lordstown and Lithium. A New GM Constellation is Rising
Back in March GM revealed a third-generation global EV platform powered by proprietary “Ultium” batteries. GM claimed it will allow the company to compete for almost every customer in the market today, whether they are looking for affordable transportation, a luxury experience, work trucks or a high-performance machine. A space that is largely occupied by Tesla, which caught all global automakers napping. Covid 19 has complicated launch plans across the industry and timing on such projects is unstable. Continue reading
GM Loses $800 Million in Covid Q2. NA Sales Drop -62%
However, GM post-bankruptcy is in a stronger position – financially and with a wiser, faster acting management team – than it was when Wall Street speculation sent global markets plummeting in 2008-2009. The deep recession that ensued was turned around by the Obama Administration, but the non-protected classes in lower income and racially harassed populations never recovered. Continue reading
Posted in financial results, news analysis, results
Tagged auto industry commentary, autoinformed, autoinformed.com, COVID-19, GM Q2 2020, Ken Zino
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Don’t Hold Your Breathe Waiting for the New Hummer EV
Engineering targets include 1000 horsepower and 11,500 lb. ft. of torque. This should mean a zero-to-60 mph acceleration elapsed time of, oh, ~3 seconds. Continue reading
Snapshot – The Trump Economic Depression
50.1% of American adults live in households which have experienced a loss in employment income. That’s making America gruesome again… Continue reading
Posted in economy, news analysis, people
Tagged auto industry commentary, autoinformed, autoinformed.com, Ken Zino, MAGA
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Vehicle Love is Blind in Latest APEAL Study
The so-called APEAL Study Power contends measures an owner’s “emotional attachment to their new vehicle and in what areas that vehicle may not be delivering on all the positive experiences that were hoped for.” (Automotive Performance, Execution and Layout Study) Continue reading
Daimler Reports Ugly Q2 2020 Results as Sales Drop -34%
The Group’s total sales decreased by -34% to 541,800 passenger cars and commercial vehicles (Q2 2019: 821,700). Revenue slipped significantly by -29% to €30.2 billion (Q2 2019: €42.7 billion). EBIT was minus -€1,682 million (Q2 2019: minus -€1,558 million). Adjusted EBIT, reflecting the underlying business, was minus -€708 million (Q2 2019: plus €2,447 million). Continue reading
Posted in economy, financial results, results
Tagged auto industry commentary, autoinformed, autoinformed.com, COVID-19, Daimler Q2 results, Ken Zino
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Census Bureau: Millions of Americans Who Get Health Coverage from Employers Could Lose It During COVID-19
The occupations among those affected during the pandemic and therefore most at risk of losing health coverage: food preparation and serving; building and grounds cleaning and maintenance; personal care and service; and retail sales. Collectively, 39.6 million people worked in these jobs in 2018, representing 23.6% of all workers. Continue reading
Posted in economy, insurance, people
Tagged affordable care act, auto industry commentary, autoinformed, autoinformed.com, census bureau, COVID-19, Ken Zino
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MIT Research: Widespread Autonomous Driving is at Least One Decade Away. Maybe More.
The longer rollout time for Level 4 autonomy provides time for sustained investments in workforce training that can help drivers and other mobility workers transition into new careers that support mobility systems and technologies. Continue reading
Porsche Global Sales Drop -12% at 116,964 Through June
China remains the sports car manufacturer’s largest single market in terms of volume. In addition, Korea and Japan were strong markets in the region with sales of 4,242 and 3,675 units respectively, each showing double-digit growth rates over the prior year. 32,312 cars were supplied to European customers. In the US, Porsche supplied 24,186 cars between January and June – a -20% drop – under the fumbling Trump administration’s failure to address the COVID crisis. Continue reading
Posted in economy, results, sales
Tagged auto industry commentary, autoinformed, autoinformed.com, COVID-19, Ken Zino, porsche sales
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Ford Motor – Three More Safety Recalls in N.A.
It’s the latest example of how electronics can be adversely affected by poor designs that wreak havoc on customer satisfaction. Continue reading
Posted in customer satisfaction, quality, recalls, safety
Tagged auto industry commentary, autoinformed, autoinformed.com, ford recalls, Ken Zino, nhtsa
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Bye Bye FCA and PSA. Hello Stellantis
The Stellantis name will be used exclusively at the Group level, as a Corporate brand. The next step in the process will be the unveiling of a logo that with the name will become the corporate brand identity. The names and the logos of the Stellantis Group’s basic brands will remain unchanged. What actually happens to the brands is an entirely different matter. Continue reading
Team Corvette C8.R Finishes First at Sebring
The race in GTLM had multiple tire strategies. Both Corvettes opted to begin the race on slick Michelin tires despite the wet surface. Gavin, after leading a Corvette 1-2 in qualifying earlier in the day, began first but Taylor was one of quickest drivers in the class early on and managed to go one lap longer on fuel than most of his GTLM competitors during his opening stint. Continue reading
Posted in performance, racing
Tagged autoinformed, autoinformed.com, Chevrolet Corvette C8.R, GTLM, IMSA Endurance Racing, Ken Zino, Sebring 2020
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GM Offers Three New 350 Service Engines
“Building on the history and versatility of the original 350 first available in Chevrolet models such as the Camaro and Corvette, this engine continues to deliver.” Continue reading →