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

The New smart Generation: Prices Start at Less Than €11,000

Aug 1, 2014

Just two weeks after the big world premiere in Berlin and parallel to the smart roadshow with stops in 15 European cities, sales of the new smart generation are now starting. At €10,895 the fortwo has the same price tag as its predecessor, whilst prices for the smart forfour start at €11,555 – in each ca ... Continue reading

Volkswagen Group Reported Solid Business Growth in the First Six Months of 2014

Aug 1, 2014

First-half sales revenue only slightly up on the prior-year period at EUR98.8 billion due to currency-related factors Operating profit rises by 0.4 billion to EUR6.2 billion Profit before tax grows by 17.5 per cent to EUR7.8 billion Net liquidity in Automotive Division remains high at EUR14.0 billion ... Continue reading

Gen Y Now Buying More New Vehicles Than Gen X, but Still Trails Boomers

Jul 31, 2014

Gen Y consumers are now accounting for a larger percentage of U.S. new-vehicle retail sales than their older Gen X counterparts, according to an analysis by J.D. Power. Year to date in 2014, Gen Y (born 1977-1994) has accounted for 26 percent of new-vehicle retail sales, putting sales to that generational group ahead o ... Continue reading

Mercedes-Benz S Class Sets UK Prices

Jul 31, 2014

The acclaimed S-Class Coupé is set to arrive in the UK in September – priced from £96,565 OTR. The eight-cylinder S 63 AMG Coupé – priced at £125,595 OTR – generates a mighty 585 hp and 900 Nm of torque to provide effortless performance. For those wishing even more performance, the S 65 AMG Cou ... Continue reading

Senior Analysts to Discuss July New-Car Sales Results

Jul 30, 2014

On Friday, August 1, Kelley Blue Book and AutoTrader.com will host an automotive sales day conference call providing media with insights from two of the companies' automotive experts, Alec Gutierrez and Michelle Krebs. The inaugural conference call, which moving forward will be jointly hosted by KBB.com and AutoTrader. ... Continue reading

Mercedes-Benz Announces Pricing On Highly Anticipated 2015 C-Class And GLA Models

Jul 30, 2014

Mercedes-Benz announced today pricing on two of its most eagerly awaited models – the all-new 2015 C-Class sedan and entry-level GLA SUV. The C-Class sedan will start at a Manufacturers Suggested Retail Price (MSRP) of $38,400 for the four-cylinder C300, and $48,590 for the C400 4MATIC sedan. The all-new GLA start ... Continue reading

Renault: First-Half 2014 Financial Results

Jul 30, 2014

Improved operating margin in a contrasted environment Increase in registrations: +4.7% at 1.36 million units, notably thanks to 1.0 point market share gain in Europe. Group revenues at €19,820 million, down 3.0% vs H1 2013 (+0.9% at constant exchange rates). Automotive operating profit: €348 million, compared ... Continue reading

July Auto Retail Sales Expected to Hit Highest Level Since Before Recession

Jul 29, 2014

Cars.com forecasts July light, new-vehicle sales will hit 1,435,104 units, up 9.4 percent year-over-year and up 1 percent from June. A SAAR of 16.5 million is expected for July, an increase of 4.4 percent from this time last year and down 2.8 percent month-over-month. Additionally, retail sales are expected to make up ... Continue reading

Bankruptcy Court Confirms Fisker Automotive Plan

Jul 28, 2014

FA Liquidating Corp. (F/K/A Fisker Automotive. Inc.) and FAH Liquidating Corp. (F/K/A Fisker Automotive Holdings, Inc.) (collectively, the "Company") today announced that the United States Bankruptcy Court for the District of Delaware has confirmed its chapter 11 plan. The Company received court approval of its sale to ... Continue reading

Summer Is Heating Up New-Vehicle Sales and Fueling Record Consumer Spending

Jul 25, 2014

Total and retail light-vehicle sales in July 2014 are expected to reach their highest levels for the month since 2006, reflecting continuing strength in the market since spring, according to a monthly sales forecast developed jointly by J.D. Power and LMC Automotive. For the sixth consecutive month, the retail seasonal ... Continue reading

Auto Sales to Reach Highest July Mark in Eight Years

Jul 25, 2014

Edmunds.com forecasts that 1,461,290 new cars and trucks will be sold in the U.S. in July, for an estimated Seasonally Adjusted Annual Rate (SAAR) of 16.8 million. This would be the highest July sales since the auto industry delivered 1.49 million new car sales in July 2006. "July's performance is the clearest indicati ... Continue reading

New-Car Sales to Jump 11.6 Percent Year-Over-Year in July

Jul 25, 2014

New-vehicle sales are expected to increase 11.6 percent year-over-year to a total of 1.46 million units, resulting in an estimated 16.6 million seasonally adjusted annual rate (SAAR), according to Kelley Blue Book. "Following last month's record SAAR since July 2006, sales should slow slightly, but remain strong overal ... Continue reading

Ford Credit Earns Second Quarter 2014 Pre-Tax Profit of $434 Million; Net Income of $264 Million

Jul 24, 2014

Ford Motor Credit Company reported a pre-tax profit of $434 million in the second quarter of 2014, compared with $454 million a year earlier. The lower pre-tax profit was more than explained by a higher level of insurance losses from storm damage to dealer inventory. Ford Credit’s net income was $264 million in th ... Continue reading

Ford Posts Second Quarter 2014 Pre-Tax Profit of $2.6 Billion

Jul 24, 2014

North America, Asia Pacific, Middle East & Africa, Europe and Ford Credit Profitable; Net Income of $1.3 Billion+ ... Continue reading

GM Reports Second Quarter Net Income of $0.2 Billion

Jul 24, 2014

EBIT-adjusted of $1.4 billion, after $1.2 billion in recall-related costs and $0.2 billion in restructuring costs Company records strong core operating performance in the second quarter Special charge of $0.4 billion for GM ignition switch compensation program General Motors Co. today announced second quarter net incom ... Continue reading