Nutson's Weekly Automotive News Digest Week Ending May 9, 2020
May 10, 2020
Mazda Continues Free Service To Health Care Heroes; The U.S. employment devastation; Kia and Hyundai Open Now Building; US New Car Sales Continue Slide, European Sales Disappear; Online Sales May Help; Chinese Sale Rise; Scale Model Kits Racing Ahead; Airbag News; Engine Rats Increasing; BMW Ends Europe Delivery Debuts ... Continue reading
May 7, 2020
China auto sales likely rose in April, ending almost two years of decline SHANGHAI, May 7 2020; Yilei Sun and Brenda Goh reporting for Reuters said that vehicle sales in China likely rose in April from a year earlier, its top auto industry body said on Thursday, ending almost two years of declines and signalling that t ... Continue reading
CARS Reports First Quarter 2020 Results
May 6, 2020
financial results for the quarter ended March 31, 2020. The Company will report first-quarter operational and financial results and provide context around the impact of the restrictions imposed as a result of the COVID-19 pandemic. ... Continue reading
GM Financial Reports First Quarter 2020 Operating Results
May 6, 2020
(“GM Financial” or the “Company”) announced net income of $167 million for the quarter ended March 31, 2020, compared to $377 million for the quarter ended December 31, 2019, and $271 million for the quarter ended March 31, 2019. Retail loan originations were $6.5 billion for the quarter ended March 31, 2020, c ... Continue reading
Toyota USA Foundation Builds Upon Company's Ongoing COVID-19 Relief Efforts
May 5, 2020
PLANO, Texas, May 5, 2020 -- Amid growing demand for emergency relief as a result of COVID-19, the Toyota USA Foundation awarded $2.5 million in grants to a variety of nonprofits across the nation. Funds address crucial needs - particularly food assistance - in urban hot spots and in many communities where Toyota opera ... Continue reading
Genesis Reports US April 2020 Sales
May 1, 2020
For the first four months of 2020, Genesis Motor America sold 4,761 units, an 18.8 percent decrease for the calendar year thus far.April 2020 Sales: APR 2020 APR 2019 YTD 2020 YTD 2019 % CHANGE Genesis Total 806 1,605 4,761 5,807 -18.8% G70 551 844 2,625 3,075 -14.6% G80 161 632 1,358 2,113 -35.7% G90 94 129 778 619 25 ... Continue reading
Subaru Of America Reports April 2020 Sales First Decrease in 11 Years (WOW!)
May 1, 2020
CAMDEN, N.J., May 1, 2020; Subaru of America, Inc. today reported 30,620 vehicle sales for April 2020, a 47 percent decrease compared with April 2019. These results reflect the impact of the COVID-19 global pandemic and the resulting retailer shutdowns that have impacted the entire automobile industry. ... Continue reading
Mazda USA Reports April 2020 Sales
May 1, 2020
Mazda North American Operations (MNAO) today reported total April sales of 10,940 vehicles, a decrease of 44.5 percent compared to April 2019. Year-to-date sales totaled 78,610 vehicles, a decrease of 13.2 percent. ... Continue reading
Kia Motors America Announces April Sales
May 1, 2020
"Despite these uncertain times, Kia continued to outperform the industry in April and consumer demand for key products like Telluride and Seltos remained extremely high," said Bill Peffer, vice president, sales operations, Kia Motors America. ... Continue reading
American Honda sales fall 54% in April 2020
May 1, 2020
Sales Sales of Honda and Acura vehicles showed signs of improvement in the final weeks of April, with customer traffic increasing online and in dealer showrooms as state and local authorities eased restrictions on sales activities. Honda and Acura dealers continue to focus on taking care of existing customers through v ... Continue reading
Hyundai Motor America Reports April 2020 Sales and Extends Consumer Benefits
May 1, 2020
Hyundai Motor America reported total April sales of 33,968 units, a 39% decrease compared with April 2019. Retail sales declined 28%, while fleet sales were down 74% and represented 10% of total volume. ... Continue reading
Looking To Buy A New Car Now? - Virus Induced Money Saving Deals and Programs From Car Makers
Apr 29, 2020
Hyundai Motor America's Assurance Job Loss Protection will make up to six months of payments for new owners who lose their jobs and have purchased or leased their vehicles between March 14 and April 30, 2020, through Hyundai Capital. The same offer applies to Hyundai’s luxury brand, Genesis, through the Genesis Cares ... Continue reading
Magazine Names 2020 Subaru Outback Best New Family Car
Apr 29, 2020
Subaru of America, Inc. announced today that the 2020 Outback earned a spot on Good Housekeeping’s List of Best New Family Cars of 2020. The magazine selected the winners based on a wide-ranging set of criteria for the modern family. ... Continue reading
Nutson's Auto News Weekly Wrap-up - Automotive News And Opinion From Week Ending April 25, 2020
Apr 26, 2020
Wuhan Virus Drives Worldwide Car Sales Batso; RAM Recall; Hyundai Recall, Subaru Recall, Car Makers Schedule Production; Digital Auto Sales Bright Spot, Barrett-Jackson Digital Only Auction, Drive-in Resurgence?, In Car Shows Rolling Along, Pebble Beach Concurs Cancelled, C.A.R. Goes Digital, Buh-Bye GM's Maven, Ford B ... Continue reading
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