FCA's CEO Reduces Interest in FCA to Meet Tax Liabilities
Mar 11, 2015
LONDON -- March 10, 2015: Fiat Chrysler Automobiles N.V. announced today that the Company's Chief Executive Officer sold 1,435,745 shares of the Company's common stock. The transaction is intended to fund tax liabilities associated with recently vested equity incentives under the Company's equity incentive plans, as wa ... Continue reading
Volkswagen Passenger Cars Vehicle Sales Remained Stable in February
Mar 10, 2015
WOLFSBURG, GERMANY -- March 10, 2015: Deliveries by Volkswagen Passenger Cars remained stable in February. The brand handed over 413,700 vehicles last month, thus matching deliveries for the same month of the previous year in a difficult environment. A total of 920,700 (January-February 2014: 935,200; -1.6 per cent) ve ... Continue reading
BMW Group Sales Achieve New Record in February
Mar 10, 2015
Deliveries total 151,952 vehicles, increase of 7.6% - Year-to-date sales rise 7.3% to 294,112 - Sales in Europe increase 7.7% in first two months The BMW Group achieved its best-ever February sales result with 151,952 BMW, MINI and Rolls-Royce brand vehicles delivered worldwide (prev. yr. 141,207/ +7.6%). A record numb ... Continue reading
Audi CEO Rupert Stadler at Annual Press Conference: "We Delivered More in 2014 Than Promised"
Mar 10, 2015
Audi Group 2014: revenue of over â¬50 billion, operating profit above â¬5 billion, operating return on sales of 9.6 percent High level of financial strength demonstrated by net cash flow of â¬3 billion and profit before tax of approximately â¬6 billion Audi CEO Rupert Stadler: "After a very positive sta ... Continue reading
Hyundai i10 Scoops Double Win at CarBuyer Awards
Mar 9, 2015
i10 named âBest City Car and âBest Car Thatâs Cheap To Insureâ at annual Carbuyer awards Hyundaiâs A-segment vehicle recognised for providing âaffordable motoringâ, and âone of the best warranties in the businessâ HIGH WYCOMBE -- March 9, 2015: Hyundaiâs best-selling i1 ... Continue reading
Mitsubishi Outlander PHEV is the UK's Favourite Plug-In Vehicle
Mar 9, 2015
Less than one year from launch the Mitsubishi Outlander PHEV has now overtaken every other plug-in hybrid and pure electric car, even passing vehicles that have been on sale since 2011, such as the Nissan Leaf, to become the UKâs favourite plug-in vehicle. By the end of March, sales of the Mitsubishi Outlander PHE ... Continue reading
Spring Has Sprung, Gas Prices Riz, I Wonder Where Da Boidies' Is?
Mar 9, 2015
Increase in gas prices is typically an indicator that spring is in the air. ​AURORA, Ill. March 9, 2015â The NACSOnline Reported that for those who have been waiting for signs of spring, the steady climb of gas prices is one of the first indicators, according to AAA. AAA says that while gas price averages ha ... Continue reading
GM and Investment Group Announce Agreement
Mar 9, 2015
General Motors Co. and an investment group led by Harry Wilson jointly announced that, in conjunction with GM's disciplined capital allocation framework announced today, Wilson has agreed to withdraw his nomination to stand for election to the Board of Directors at the company's 2015 annual meeting and to withdraw his ... Continue reading
GM Announces Disciplined Capital Allocation Framework
Mar 9, 2015
Improving business performance and strong capital discipline enable increased returns to shareholders Reinvesting in the business to drive 20 Percent or higher ROIC Targets cash balance of $20 billion, while maintaining investment-grade balance sheet Plans to return all available free cash flow to shareholders Authoriz ... Continue reading
C Class and SUVs Bring Mercedes-Benz Record Sales in February
Mar 8, 2015
Mercedes-Benz sells 14.6% more vehicles in February than in the previous yearâs month (120,270 units). Ola Källenius, Member of the Board of Management of Daimler AG, responsible for Mercedes-Benz Cars Marketing & Sales: "We have never before sold so many C-Class Sedans and Estates as well as SUVs and compact c ... Continue reading
Jeep Sales in the UK Leap 165% Year on Year in February
Mar 8, 2015
Jeepâs growing popularity in the UK continues as figures revealed today show new car registrations rose by 165 per cent in February 2015, when compared with the same period last year. The âGo Anywhere, Do Anythingâ brand is certainly going in the right direction in the sales charts, registering 196 new c ... Continue reading
Ford Maintains Leadership with Strong Retail and CV Sales in the UK
Mar 7, 2015
March 5, 2015: Ford was the UK market leader in total vehicle, car and CV sales in February. Ford was also the clear leader in retail car sales with a sector share double that of its nearest rival, putting Ford in prime position heading into March, when sales increase significantly due to the registration plate change. ... Continue reading
Visa, Pizza Hut Announce Connected Car Commerce
Mar 6, 2015
New connected car concept combines payment security, cellular and wireless technologies to consumer payments opportunities. ​BARCELONA, Spain March 6, 2015; The NACSonline newsletter reported that Visa, Pizza Hut and Accenture announced this week that the companies are developing a proof-of-concept connected car ... Continue reading
China Auto Sales Data From LMC Automotive: Double Destocking Takes Hold in January 2015
Mar 6, 2015
China Auto Sales January 2015 ... Continue reading
Mar 6, 2015
LONDON, March 5, 2015 -- Fiat Chrysler Automobiles N.V. announced today that it has published its 2014 Annual Report and filed its annual report on Form 20-F, including financial statements for the fiscal year ended December 31, 2014, with the United States Securities and Exchange Commission ("SEC"). FCA also published ... Continue reading
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