Apr 28, 2015
Honda Motor Co., Ltd. (HMC; NYSE) today announced its consolidated financial results for the fiscal fourth quarter and the fiscal year ended March 31, 2015. Fourth Quarter Results Honda's consolidated net income attributable to Honda Motor Co., Ltd. for the fiscal fourth quarter ended March 31, 2015 totaled JPY 97.8 bi ... Continue reading
New UK Hyundai i40 Pricing and Specifications
Apr 28, 2015
Hyundai Motor UK today announced the official pricing and specification for the New Hyundai i40.</p> <p>Prices start at £19,600 for the entry level S trim on the i40 Saloon, which includes standard features such as: 16” alloy wheels, Bluetooth<sup>®</sup> connectivity, air conditioning, leather wrapped ... Continue reading
Mitsubishi Names Ally as its Preferred Financing Source
Apr 27, 2015
Ally to provide broad suite of financial products and services to support sales growth plans Ally Financial and Mitsubishi Motors North America, Inc. (MMNA) today announced that Ally will become the preferred financing source for Mitsubishi Motors in the U.S., replacing the brand's captive finance company, Mitsubishi M ... Continue reading
Details of Ford's APRIL 2015 Sales Call
Apr 24, 2015
Ford Motor Company will release its April 2015 U.S. sales results at approximately 9:15 a.m. ET Friday, May 1, 2015. At 10:00 a.m. ET, Erich Merkle, Ford U.S. sales analyst, will host a conference call for the investment community and news media to discuss the results and related market trends. He will be joined by Mar ... Continue reading
Ford Celebrates Production Milestone -- 100,000 Ford Police Interceptor Vehicles Built
Apr 24, 2015
<p>On April 23, employees at Troy Design and Manufacturing, a wholly owned subsidiary of Ford Motor Company, celebrated a major milestone â production of Police Interceptor No. 100,000. Since 2012, the 54,000-square-foot Troy Design and Manufacturing upfit facility has been the single source for Ame ... Continue reading
Honda Power Equipment Sets Major Milestone
Apr 24, 2015
Sells 40 Million Power Products in the United States ALPHARETTA, GA -- April 24, 2015: Honda Power Equipment announced today that it has shipped 40 million power products to domestic dealers and distributors since it began sales of outdoor power equipment in the United States in 1973. In relation, Honda Power Equipment ... Continue reading
GM Reports Solid First Quarter Operating Performance
Apr 23, 2015
General Motors Co. today announced first quarter net income attributable to common stockholders of $0.9 billion, or $0.56 per diluted share. The current quarter included a net loss from special items of $0.5 billion, or $(0.30) per diluted share. ... Continue reading
AutoNation Reports Record First Quarter EPS from Continuing Operations
Apr 22, 2015
EPS from continuing operations was $0.97, a record for first quarter results and an increase of 29% compared to first quarter 2014 adjusted EPS from continuing operations of $0.75 ($0.79 for the first quarter of 2014 on a GAAP basis) - Net income from continuing operations was $112 million, up 23% compared to first qua ... Continue reading
Volvo Group: the First Quarter 2015
Apr 22, 2015
In the first quarter of 2015 the effects of the Volvo Groupâs strategic efficiency-improvement program continued to generate results. In several areas of the Group margins were improved, despite a negative market mix with significantly lower volumes in Brazil for trucks and in China for construction equipment. ... Continue reading
GM Sold 2.4 Million Vehicles Globally in First Quarter
Apr 21, 2015
General Motors Co. sold 2.4 million vehicles globally in the first quarter of 2015, up 2 percent compared to a year ago. Sales in China increased 9 percent and deliveries in North America were up 6 percent. Opel/Vauxhall increased its sales by 3 percent in Europe.</p> <p>âThe momentum our brands are building in Ch ... Continue reading
Scania Strengthens Its Position in the European Market
Apr 20, 2015
Demand in Europe for Scaniaâs trucks is good and order bookings rose by 46 percent, compared to the first quarter of 2014 to 12,446 (8,500) trucks. Meanwhile, demand in Brazil and Russia weakened significantly. âWe had high expectations for these engines and they are a great success. Meanwhile, the quality le ... Continue reading
Nutson's Weekly Automotive News Digest - April 13-19, 2015
Apr 19, 2015
By Larry Nutson Senior Editor and Bureau Chief Chicago Bureau The Auto Channel Auto Central Chicago IL, April 19, 2015; Every Sunday, along with senior editors Steve Purdy and Thom Cannell from The Auto Channel Michigan Bureau I give you our "take" on this past week's automotive news in easy to digest nuggets. If you a ... Continue reading
SEAT Posts its Best First Quarter Since 2007
Apr 17, 2015
SEAT closed the first quarter of 2015 with its best sales results since 2007. For the first time in eight years, worldwide customer deliveries exceeded 100,000 units between January and March, reaching a total of 102,700 vehicles, which is 10% more than during the same period in 2014 (93,400), or almost 10,000 more car ... Continue reading
March 2015 Fiat Chrysler Automobiles Sales in Europe
Apr 16, 2015
LONDON -- April 16, 2015: In March, FCA's European passenger car sales totaled nearly 98,000 vehicles, representing a 15.7% year-over-year increase and outpacing the industry average for the third consecutive month. The Fiat 500 and Panda continued as the two best selling models in the European A segment, accounting fo ... Continue reading
Should Used Car Dealers Fill Inventories Now, or Wait?
Apr 15, 2015
Auction prices of used vehicles highest since March of 2014 MCLEAN, VA -- April 15, 2015: In their April Guidelines report, NADA Used Car Guide analysts observed wholesale prices of used vehicles at auction climbing by 2.3 percent during the month of March. The increase in prices helped push NADA's Used Vehicle Price I ... Continue reading
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