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

Fitch: Gas Tax Would Be More Stable Form of US Highway Funding

Mar 20, 2015

The American Road & Transportation Builders Association (ARTBA) proposal for raising the gas tax is a pragmatic, much-needed source to fund investments through the Highway Trust Fund (HTF), Fitch Ratings says. The gas tax is the fastest and most reliable method to provide desperately needed resources to states for road ... Continue reading

Sales of Electric Motorcycles and Scooters Are Expected to Reach Nearly 6 Million a Year by 2024

Mar 20, 2015

Slowing growth in China is being offset by expanding markets in neighboring economies, report finds BOULDER, CC -- March 20, 2015: A new report from Navigant Research examines the global markets for electric motorcycles and scooters and the related battery technologies, including global forecasts for electric two-wheel ... Continue reading

New-Vehicle Sales Rebound in March to Highest Levels for the Month since 2005

Mar 20, 2015

U.S. total new-vehicle sales in March 2015 are bouncing back from last month and are expected to reach their highest levels for the month in a decade, according to a monthly sales forecast from J.D. Power and LMC Automotive. After winter storms stymied sales in February, total new light-vehicle sales in March 2015 are ... Continue reading

Ford to Participate in Bank of America Merrill Lynch -- 2015 New York Auto Summit

Mar 19, 2015

On Wednesday, April 1, Joe Hinrichs, Ford Motor Company executive vice president and president, the Americas, will participate in the 2015 Bank of America Merrill Lynch – 2015 New York Auto Summit. The presentation will begin at approximately 12:40 p.m. EDT. Following the presentation, a question-and-answer sessio ... Continue reading

U.S. Retail Gasoline Prices March 16, 2015

Mar 16, 2015

U.S. Retail Gasoline Prices March 16, 2015 ... Continue reading

EFG Companies Recognized as One of the Best Companies in the Subprime Auto Finance Space

Mar 16, 2015

-Subprime Auto Finance News Lists EFG in the Subprime Top 125- DALLAS--EFG Companies, the innovator behind the award-winning Hyundai Assurance program, announced today that it has been named as one of the top 125 most influential firms serving the subprime auto finance industry by Subprime Auto Finance News. Organizati ... Continue reading

Fitch: US Auto Loan Quality Weakens, Particularly for Subprime

Mar 16, 2015

NEW YORK--US auto lenders are likely to see loan asset quality weaken in 2015, with annualized net losses (ANLs) moving closer to their historical averages, says Fitch Ratings. While prime auto loans continue to perform well, subprime auto loan ABS ANLs are deteriorating at a quicker pace, recently crossing 8% before d ... Continue reading

LendingTree Study Indicates Subprime 'Auto Bubble' Unlikely

Mar 16, 2015

Analysis of Borrowers' Credit Scores Show Upward Trend in 2014 CHARLOTTE, NC -- March 13, 2015: LendingTree, the nation's leading online loan marketplace, has released a new study analyzing the credit scores of subprime auto loan borrowers for loans originated in 2014. LendingTree found that over the one year period en ... Continue reading

Porsche Achieves New Records in Revenue and Profit

Mar 13, 2015

Sports car maker now has more than 22,000 employees – annual press conference in Stuttgart READING, UK -- March 13, 2015: Dr. Ing. h.c. F. Porsche AG has set new records in terms of deliveries, revenue and profit in the 2014 fiscal year. With 189,849 vehicles, deliveries were 17 per cent above the figure of the pr ... Continue reading

Fifth-Gen Camaro Approaches 500,000 U.S. Sales

Mar 13, 2015

Production milestone caps five years as America’s best-selling performance car <p><b>DETROIT – </b>Talk about a big family: Chevrolet expects to deliver the 500,000th fifth-generation Camaro in the United States this month.</p> <p>The fifth-generation Camaro has been a runaway success for Chevrolet since it w ... Continue reading

Ford's European Sales and Market Share Increase Again in February Driven by Strong Demand for its New Vehicles

Mar 13, 2015

Ford of Europe’s all-new and refreshed models – led by the Mondeo, Kuga, EcoSport and Transit commercial vehicle range – helped the company increase sales and market share again in February. Ford sold 78,100 vehicles in total in its 20 traditional European markets* in February, and 166,600 vehicles in th ... Continue reading

Toyota Becomes TOP Olympic Program Sponsor

Mar 13, 2015

Tokyo, Japan, March 13, 2015; Toyota Motor Corporation (Toyota) today announced it has entered into a sponsorship agreement with the International Olympic Committee (IOC) to become part of The Olympic Partner (TOP) program. The agreement runs through to the end of 2024 in the mobility category, which includes vehicles, ... Continue reading

Used Sleeper Tractors Becoming Cheaper?

Mar 12, 2015

Analysts see notable depreciation in used wholesale channel, but retail prices remain stable. MCLEAN, VA -- March 12, 2015: In their March Commercial Truck Guidelines report, NADA Used Car Guide's commercial truck analysts noted 3- to 5-year-old sleeper tractors continued to depreciate at a mildly accelerated rate duri ... Continue reading

2016 Chevrolet and GMC Models - Reduced Powertrain Warranty and Free Service and Visits

Mar 12, 2015

Detroit March 12, 2015; Ben Klayman writing for Reuters reported that General Motors Co said on Thursday it plans to cut its powertrain warranty on Chevrolet and GMC vehicles for the 2016 model year because the offer was not a strong enough selling point. The five-year, 100,000-mile powertrain coverage, in place for ne ... Continue reading

Used Car Shoppers Benefit from Old Man Winter's Wrath

Mar 12, 2015

Extreme weather put a chill on February's price growth, keeping used market prices lower than usual. MCLEAN, VA -- March 12, 2015: February's harsh weather in states east of the Mississippi River didn't just damage property and make infrastructure a mess; it adversely affected the used vehicle market as well according ... Continue reading