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News By Topic: Financial Info (sales figures, financial reports, etc.)

Ford First Quarter 2020 Sales Results

Ford First Quarter 2020 Sales Results

Ford Motor Company today provided selected preliminary first-quarter 2020 and other balance sheet data, as it considers possible additional financing actions while the coronavirus pandemic stalls commerce around the world. ... Continue reading

Nutson's Auto News Nuggets - A Recap Of Key Automotive News Week Ending April 11, 2020

Nutson's Auto News Nuggets - A Recap Of Key Automotive News Week Ending April 11, 2020

Covid-19 Affecting Auto World; Rivian Delays Launch; Ford Delays Bronco Sport; Ford GM On War Footing; Research Says EV Will Be More Popular Because Of Virus; Big Problems for UBER and LYFT; Good News and Bad For Autonomous Taxis; F1 Pilot Sir Stirling Moss Makes Final Pass; RIP Car Exec James McLernon ... Continue reading

First Covid-19 Auto Video Ads Reveal Appetite for Brand Reassurance

First Covid-19 Auto Video Ads Reveal Appetite for Brand Reassurance

How do you sell cars during a global pandemic? That surely is one of the toughest questions facing every auto manufacturer now. Of course, every marketer is asking themselves similar questions about going to market during this unprecedented time. ... Continue reading

MetLife Provides Relief to Auto Insurance Customers

MetLife Provides Relief to Auto Insurance Customers

The company’s property and casualty business, MetLife Auto & Home®, is providing financial relief, preserving coverage in the event of missed payments, and processing claims remotely to ensure social distancing. ... Continue reading

UPDATE APRIL 9, 2020: Hyundai's U.S. Actions in Response to Coronavirus (COVID-19)

UPDATE APRIL 9, 2020: Hyundai's U.S. Actions in Response to Coronavirus (COVID-19)

Hyundai has established a COVID-19 response team at all affiliated companies to monitor the situation, minimize the risks and prepare for all potential scenarios. ... Continue reading

Navigant Research Report Shows Rapid EV Growth and Battery Cost Declines Are Creating a Renewed Interest in Battery Swapping

Navigant Research Report Shows Rapid EV Growth and Battery Cost Declines Are Creating a Renewed Interest in Battery Swapping

A new report from Navigant Research examines the challenges and opportunities currently faced by organizations seeking to promote electric vehicle (EV) battery swapping. Initial battery-swapping efforts during the early 2010s sought to allow battery EV (BEV) owners to quickly replace batteries, offering drivers practic ... Continue reading

Luxoft Completes Acquisition of AI CMORE Automotive

Luxoft Completes Acquisition of AI CMORE Automotive

Luxoft, a DXC Technology Company , today announced the completion of its acquisition of CMORE Automotive, an independent services provider dedicated to the development and validation of AI-driven mobility systems. Luxoft had announced a definitive agreement to acquire CMORE Automotive on March 5, 2020 and received fina ... Continue reading

Fewer Driving Claims Will Generate $100 Billion Windfall For Auto insurance Companies Due to COVID-19

Fewer Driving Claims Will Generate $100 Billion Windfall For Auto insurance Companies Due to COVID-19

BEDFORD, N.H.--ValChoice, an insurance data analytic company and consumer advocate, today released a special market report titled “COVID-19 Windfall Profits Estimated at $100B for Car Insurers.” In the report, ValChoice estimates that insurance companies could realize $100 billion in windfall profits due to the cha ... Continue reading

What Types Of Cover Are Required For Your Motor Vehicle?

What Types Of Cover Are Required For Your Motor Vehicle?

When you are in possession of a car, there are a lot of different things that you need to be aware of in terms of cover. There is no hiding behind the excuse that you weren’t aware of the rules and laws if you are pulled over by the police. ... Continue reading

Nutsons' Weekly Auto News Wrap-up - Week Ending April 4, 2020

Nutsons' Weekly Auto News Wrap-up - Week Ending April 4, 2020

* COVID-19 Oh My - March Sales Bad April Sales Worse?, SAFE Replaces CAFE Fuel Standards; Gas Prices FALLING; Car Makers React To Virus; Stay At Home And TACH ... Continue reading

Ernst Prost: "Will we ever learn?"

Ernst Prost: "Will we ever learn?"

In his latest circular CEO Ernst Prost writes about "clearly wrong policies where money counts more than people" 03. April 2020 Dear colleagues, SARS, Ebola, swine plague, bird flu, BSE mad cow disease, dengue fever, Zika virus, flu epidemic (annually), AIDS, malaria, tuberculosis (constantly) cholera & plague (still) ... Continue reading

BMW Group March 2020 Auto Sales

BMW Group March 2020 Auto Sales

WOODCLIFF LAKE, N.J.--BMW of North America announced today Q1 2020 sales results for the BMW and MINI brands in the U.S. For the sales period ending March 31, 2020 BMW brand sales totaled 59,455 vehicles, a decrease of 15.3% vs the 70,227 vehicles sold in the same time period last year.* MINI brand sales totaled 5,237 ... Continue reading

Kia Motors America Announces March Sales

Kia Motors America Announces March Sales

Kia Motors America today announced March sales of 45,413 vehicles, led by the Optima and Forte. The first three months of 2020 saw the Sportage SUV – Kia's longest-running nameplate in the U.S. – realize best-ever first quarter sales of 20,057 units. ... Continue reading

GM Announces 1Q 2020 Sales Results

GM Announces 1Q 2020 Sales Results

General Motors announced today that it delivered 618,335 vehicles in the first quarter of 2020, a decrease of about 7 percent compared to a year ago. The industry experienced significant declines in March due to the outbreak of COVID-19. ... Continue reading

HYUNDAI MOTOR AMERICA REPORTS MARCH AND Q1 2020 SALES

HYUNDAI MOTOR AMERICA REPORTS MARCH AND Q1 2020 SALES

Hyundai Motor America reported total March sales of 35,118 units, a 43% decrease in comparison with March 2019. This result was due to the substantial business disruptions across Hyundai’s organization and the entire automotive industry from the COVID-19 global pandemic. ... Continue reading

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