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US: Nissan committed to sales goal on added production capacity in South Korea, Japan


Nissan Motor recently said its underlying goal – besides exceeding Japanese rival Honda – was to command 10 percent of the US market within the next two years. According to Jose Munoz, executive vice president at Nissan and chairman of its North American operations, the target would be achieved without any major new investments as the company plans to utilize available ...
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Emerging markets remain full of woes for global carmakers
General Motors recently announced it opted to close a plant it owned in Indonesia, highlighting the fact that global automakers need to reshape the timing and scope of investments in ...
US: Nissan seeks to overtake Honda in terms of sales
According to Nissan Motor’s North American boss, the automaker is poised to overtake Japanese rival Honda as far as US sales are concerned, riding on the back of the recently ...
VW counts on new Touran to enter top three in compact minivan segment
Volkswagen will officially unveil in front of the public its latest generation of the Touran compact minivan in March during the Geneva motor show, counting on the lighter, roomier model ...
Volvo profit surges thanks to record sales
Swedish carmaker Volvo Car Group, owned by China’s Geely, announced recently its 2014 operating profit jumped 17.5% after posting record sales figures last year, buoyed by the very rapid growth ...
Valeo expects further profit increase after topping 2014 target
French auto parts supplier Valeo said it forecasts further profitability improvements this year after it managed to surpass its financial goals in 2014, buoyed by surging demand for the company’s ...
Magna sees weaker Europe cutting into sales this year
Canadian auto parts supplier Magna International opted to trim down its revenue forecast for 2015, citing as the primary reason for the weaker upcoming results the situation in Europe, where ...
US: forecasts put February deliveries up despite weather and West Coast port disruptions
The severe temperature drops that affected New England and important automotive hubs the Southeast, such as Atlanta and Charlotte, seem to have little impact on February’s car sales, according to ...
Daimler forecasts truck sales of at least 500,000 units in 2015
Daimler, the German automaker that is also involved in the heavy trucks business, announced it expects truck deliveries to surge past the 500,000 vehicles mark this year and rise to ...
Cadillac’s brand within the brand is the Escalade
The recently appointed Cadillac executives and the General Motors manager are hard at work reshaping what was once the mightiest luxury auto brand in America. They do have one problem ...

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US: Nissan committed to sales goal on added production capacity in South Korea, Japan
Nissan Motor recently said its underlying goal – besides exceeding Japanese rival Honda – was to command 10 percent of ...
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