Coverage tagged Sales figures.
Page 6 of 13
Fiat Chrysler plans to axe the Lancia Delta in 2014 and the Voyager in 2015, leaving the brand with just the Ypsilon and focusing solely on the Italian market.
US new-car dealers saw sales and revenues rise in 2013, yet average profit margins stayed at 2.2% amid tough competition and narrow retailing spreads.
Despite recalling nearly 16 million vehicles by May 2014, General Motors saw US retail sales climb faster than the industry average, defying expectations of a consumer backlash.
Across Europe and North America, unsold new cars accumulate in huge storage compounds as manufacturers balance production, pricing and market demand after the 2008 financial crisis.
Chrysler began shipping the redesigned 200 sedan in May 2014, aiming to revive sales after a first-quarter shortfall and to meet ambitious growth targets set by Fiat Chrysler.
Even with generous tax breaks and government support, electric cars accounted for less than 1% of new vehicle sales worldwide in 2013, with only a few regional exceptions.
Mercedes-Benz and BMW held the top spots in April US luxury sales, but Lexus posted the fastest growth, while Acura, Cadillac and Lincoln trailed the German brands.
Michelin reported a 2.4% drop in first-quarter revenue for 2014, as currency headwinds and weaker demand in Eastern Europe outweighed a modest increase in global tyre volumes.
Ford delivered 147,100 vehicles in Europe in March 2014, with strong demand in the UK and Germany pushing sales up by 12% for the month and 11% for the quarter.
Canadian new vehicle sales rose by only 0.2% in March 2014, with strong light truck demand offsetting a fall in car sales and ongoing winter conditions.
The Ford Focus led worldwide car sales in 2013, outpacing rivals such as the Toyota Corolla and Volkswagen Jetta with more than 1.1 million units sold.
PSA Peugeot Citroën aims to capture a tenth of China’s luxury car sales by 2018 with its DS brand, targeting 200,000 units after modest early results.
Volkswagen has confirmed it will not develop a successor to the Eos convertible, citing high costs and declining demand for open-top cars globally.
BMW is expanding production at its Spartanburg and Chinese joint-venture plants as it aims to surpass two million vehicle sales worldwide in 2014.
BMW’s finance boss Friedrich Eichiner has warned that escalating tensions in Crimea could jeopardise the company’s Russian business, which saw record growth in 2013.
Toyota delivered 51,900 vehicles in China in February 2014, marking a 43.1% increase from the same month in 2013 as demand rebounded sharply.
A 2013 Tesla Model S in the US is fetching used prices up to 20% higher than its original retail, driven by strong demand and limited supply.
AMG delivered around 32,200 vehicles in 2013, outpacing its 30,000-unit goal for 2017 after expanding its performance line-up to include compact models.
Fiat Chrysler Automobiles begins life as a merged entity with a new structure, shifting its primary listing to New York and facing profitability pressures in key markets.
Rising demand for high-performance braking systems and a surging share price have pushed Brembo’s chairman Alberto Bombassei’s net worth past the billion-dollar mark.
Porsche’s new Macan SUV has sold through its entire 2014 supply in Germany, prompting the company to consider ramping up production to meet demand.
Daimler Trucks is set to surpass its 2013 sales target, recording its strongest year-to-date performance since 2006, with notable growth in Brazil and Western Europe.
Google’s annual search data put Tesla ahead of Bugatti, Mini, Ford and Jeep as the most popular car brand in US online queries last year.
Sergio Marchionne prepares a new five-year strategy for Alfa Romeo, aiming to reverse a decade of losses with a premium-focused, export-driven approach.