Renault-Nissan Alliance Posts Record 3.8 Billion in Synergies in 2014
Jul 10, 2015
Purchasing, engineering and manufacturing are biggest contributors to synergies Common Module Family (CMF) drives synergies in all major areas Convergence of key functions in 2014 accelerates synergy momentum Sales and marketing and other functions increase contributions PARIS and YOKOHAMA -- Japan, July 10, 2015: The ... Continue reading
TomTom Telematics Passes Landmark Milestone of 500,000 Subscribed Vehicles
Jul 10, 2015
TomTom Telematics has become the first fleet management solution (FMS) provider in Europe to break through the 500,000 milestone for subscribed vehicles serving more than 36,000 customers across the globe. âAt a time of widespread consolidation in the fleet management market, TomTom Telematics stands out as an est ... Continue reading
Stamp of Approval: FCA US Invests $166 Million in Sterling Stamping Plant as it Celebrates 50 Years
Jul 10, 2015
FCA US LLC confirmed today that it is investing more than $166 million in three new press lines at its Sterling Stamping Plant, located in Sterling Heights, Mich., to support increased product demand. The new press lines - already under construction - are expected to begin production in the fourth quarter of 2015 and w ... Continue reading
Toyota Quarterly Multicultural Sales Conference Notes
Jul 10, 2015
Once a quarter Toyota reveals the sales results of all three of our car brands Toyota, Scion and Lexus. Traditionally, that call has been open to business and auto writers. However, as Toyota continues to increase its focus and commitment to multicultural consumers, we wanted to host a call to share how our cars are ... Continue reading
European Automobile Association Revises Forecast for 2015 Car Sales to 5%
Jul 10, 2015
Last year was a turning point for the automobile industry in Europe. With a total of 12.6 million passenger cars registered, it marked the first positive annual result since the financial crisis began in 2007. This growth has been maintained throughout the first half of 2015. ACEA has now revised its forecast for car r ... Continue reading
Maruti Suzuki Celerio Crosses the 100,000 Sales Mark
Jul 9, 2015
Maruti Suzuki India Limiteds bestseller Celerio clocks sale of over 100,000 units. Launched at Delhi Auto Expo 2014, the Celerio is credited with introducing Auto Gear Shift Technology in the Indian automobile industry. By offering the convenience of automatic transmission at an affordable cost and with fuel efficien ... Continue reading
BMW Group Achieves Steady Sales Growth In June
Jul 9, 2015
BMW Group sales continue to grow with 208,813 BMW, MINI and Rolls-Royce brand vehicles delivered to customers in June, an increase of 8.0% compared with the same month last year and a new record for the month. The company achieved its best-ever first halfyear sales, up 7.8% to total 1,099,748. We are pleased with t ... Continue reading
Ford Motor Company Declares Dividend for Third Quarter 2015
Jul 9, 2015
The Board of Directors of Ford Motor Company declared a third quarter dividend of $0.15 per share on the companyâs outstanding Class B and common stock. The third quarter dividend is the same level as the dividends paid in the first and second quarters of 2015, and a 20 percent increase from the dividends paid dur ... Continue reading
Manheim Research Indicates Used Car Market Remains Solid
Jul 8, 2015
Used Vehicle Values in Q2 Remain in Line with Expectations ATLANTA -- July 8, 2015: With wholesale used vehicle prices inching up in June after a consecutive four month decline, the used car market remains solid and in line with expectations. This brought the Manheim Used Vehicle Value Index â a measure of wholesa ... Continue reading
BMW Motorrad Achieves its Best Six-month Result Ever With Sales Growth of 10.5 %
Jul 8, 2015
- Strong double-digit growth in June 2015 - A new all-time sales high is expected for the year as a whole MUNICH -- July 7, 2015: BMW Motorrad closes the first half of 2015 with a new six-month record. 78,418 motorcycles and maxi scooters were supplied worldwide as of June 2015 (prev. yr.: 70,978 units). This represent ... Continue reading
Renault Group H1 2015 Sales Results
Jul 8, 2015
In the first half of 2015, in a global automotive market up 1.4 per cent, Renault Group registrations also increased slightly at 1,375,863 units. The Group's business confirms the trend observed over several months: dynamism in Europe and disparate growth abroad, with the one offsetting the other. In Europe, Renault Gr ... Continue reading
Maserati Announces Positive Half Year Sales
Jul 8, 2015
Positive first half results for Maserati, whose sales show uninterrupted consolidation. The UK achieved + 38% increase in the first six months of 2015 compared to the same period in 2014 with 133 units registered in the month of June, bringing the total from the beginning of the year to 778 new cars. All the major Euro ... Continue reading
Detroit Electric Extends its Global Distributor Network to Four New Countries
Jul 7, 2015
Detroit Electric is continuing to establish its global dealer network with the announcement this week of four new distributors for the EMEA region, as the company prepares for the launch of the exciting SP:01 electric sportscar. The new distributor relationships will pave the way for the sale of Detroit Electric vehicl ... Continue reading
Honda Confirms UK Pricing for the HR-V Subcompact Crossover
Jul 7, 2015
Honda UK has announced that the stunning new Honda HR-V subcompact crossover will be priced from £17,995 on-the-road for the entry-level S grade petrol model, rising to £24,945 for the flagship EX diesel. For those seeking finance packages, competitive PCP options for the dynamic and distinctive new Honda are expecte ... Continue reading
Global Light Vehicles Forecast to Exceed 100 Million Units in 2019
Jul 7, 2015
Euromonitor International released today new data on the global automotive industry. Light vehicle sales grew 3.9 percent in 2014 to reach 85 million units and forecast to exceed 100 million by 2019. âKey social changes such as urbanisation, increased female employment, smaller households and an ageing population ... Continue reading
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