Audi Has New Six Month Sales Record
Jul 31, 2015
Growth in revenue to â¬30 billion and in operating profit to â¬2.9 billion, operating return on sales of 9.8 percent Audi CEO Rupert Stadler: âThe Audi Group demonstrated its strengths once again in the first six months of 2015â INGOLSTADT -- July 31, 2015 â The Audi Group is continuing along its ... Continue reading
July New Car Sales Estimated at Nearly 1.5 Million, Keeping SAAR Above 17 Million
Jul 31, 2015
1,478,025 new cars and trucks will be sold in the U.S. in July for an estimated Seasonally Adjusted Annual Rate (SAAR) of 17.1 million. The projected sales will be a 0.3 percent increase from June 2015, and a 3.2 percent increase from July 2014. ... Continue reading
FCA closed Q2 with Net profit at 333 Million
Jul 30, 2015
FCA closed Q2 with Net profit at 333 million, up 69%. Adjusted EBIT was 1.5 billion, up 58% driven by strong improvement in NAFTA margin to 7.7%. Group net revenues were 29.2 billion, up 25%. Net industrial debt was 8.0 billion, down 0.6 billion from prior quarter. Full-year guidance revised upwards. ... Continue reading
Chevrolet Announces $1 Billion Investment in India
Jul 30, 2015
As part of Chevrolets global growth strategy to ensure long-term profitable growth in the markets where we operate, the company today confirmed that it will make US $1 billion (INR 6,400 crores) in new investment in India. The announcement was made in Delhi during GM CEO Mary Barras second visit to the country in 1 ... Continue reading
Japanese-Brand Automakers Increase U.S. Economic Contributions to New Record Highs
Jul 29, 2015
Strong New Data Demonstrates JAMA Membersâ Continued Dedication to Investing in America WASHINGTON--The Japan Automobile Manufacturers Association (JAMA) USA office today released impressive new data spotlighting the positive economic contributions Japanese automakers are making to the United States. These 2014 fi ... Continue reading
IDTechEx: Rapid Progress with Pure Electric Buses
Jul 29, 2015
China is where most of the hybrid and pure electric buses will be made and sold over the coming decade, as discussed in the report by IDTechEx Research, Electric Buses 2015-2025 . Latest from China According to the latest statistics from the Chinese bus industry, the total sales volume of Yutong E7 had reached 1,753 un ... Continue reading
Chevrolet Strengthens Position in Growth Markets with $5 Billion Investment
Jul 28, 2015
--All-new vehicle family tailored to local customer requirements --General Motors and SAIC Motor partnership further enhanced DETROIT -- July 28, 2015: Chevrolet announced today it is investing $5 billion to strengthen its business in global growth markets through the development of an all-new vehicle family that will ... Continue reading
Daimler and Renault-Nissan Alliance Start Manufacturing Joint Venture in Mexico
Jul 28, 2015
Five years after their strategic cooperation was established, Daimler and the Renault-Nissan Alliance have significantly expanded their collaboration with the start of a manufacturing joint venture in Aguascalientes in central Mexico. The new business entity COMPAS (Cooperation Manufacturing Plant Aguascalientes) is 50 ... Continue reading
FCA Clarifies Scope of Remedies in NHTSA Consent Order
Jul 28, 2015
Certain press reports have misconstrued the scope and therefore the estimated costs of certain remedies contemplated by the consent order entered into by FCA US with NHTSA and announced today. FCA intends to clarify the scope of such remedies. In the consent order, FCA US has agreed to additional remedies for three rec ... Continue reading
Ford Reports Strong Second Quarter Results; Pre-Tax Profit $2.9 Billion; Net Income $1.9 Billion
Jul 28, 2015
Ford Motor Company [NYSE: Ford] today reported its 2015 second quarter financial results. View the press release here and visit shareholder.ford.com to view the slide presentation and access the webcast to Fordâs second quarter earnings call, which begins at 9 a.m. EDT with Mark Fields, president and chief executi ... Continue reading
BFGoodrich Tires Celebrates 1 Million All-Terrain T/A KO2 Sales In North America
Jul 28, 2015
BFGoodrich® Tires has sold more than 1 million All-Terrain T/A® KO2 tires in North America, less than eight months after launching in the market. The Company's most advanced light truck tire premiered in November 2014 with 12 initial sizes, and since has expanded to 40 available sizes. A total of 61 sizes will be ava ... Continue reading
Daimler Buses Posts Important Large Orders in Latin America
Jul 25, 2015
Daimler Buses received large orders for urban buses of the brand with the star in the metropolises of Latin America, such as in Brazil's third-largest city, Salvador da Bahia, which ordered 180 bus chassis units from the Daimler subsidiary Mercedes-Benz do Brasil as part of the renewal of its urban fleet. Since Septemb ... Continue reading
FSBO: Assets and Intellectual Property of the Saleen S7, S7R and Saleen S5S Raptor Supercars
Jul 24, 2015
GA Global Partners Offers a 'Once-in-a-Lifetime' Opportunity to Purchase the Assets and Intellectual Property of the Saleen S7, S7R and Saleen S5S Raptor Supercars Woodland Hills, CA July 24, 2015; GA Global Partners will be offering for sale the assets and intellectual property of the Saleen S7, S7R and S5S Raptor wit ... Continue reading
Jul 24, 2015
The U.S. new-vehicle retail seasonally adjusted annualized selling rate (SAAR) in July is expected to reach 14.0 million units, its highest level for the month since 2005, according to a monthly sales forecast from J.D. Power and LMC Automotive. Retail Light-Vehicle Sales The new-vehicle retail SAAR in July is nearly 5 ... Continue reading
New-Car Sales To Increase Nearly 3 Percent In July 2015
Jul 24, 2015
Fiat Chrysler Setting Record Sales Almost Entirely on Jeep Brand Momentum; Compact SUVs Continue to Steal Market Share from Mid-Size Cars IRVINE, CA -- July 23, 2015: New-vehicle sales are expected to increase 2.6 percent year-over-year to a total of 1.47 million units in July 2015, resulting in an estimated 17.1 milli ... Continue reading
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