Toyota Sales Jumped 27.7 Percent in July
4 Aug 2009, 08:26 UTC · By: Bogdan Popa / It's no secret that automakers selling cars in the United States experienced a huge boost in sales last week as the government scrapping programme supported Americans in purchasing around 100,0...
Ford Runs High in the US Thanks to CARS
4 Aug 2009, 06:53 UTC · By: Bogdan Popa / Ford is one of the companies that benefited the most from the US scrapping scheme nicknamed Cash for Clunkers. The American manufacturer revealed in its financial results for July 2009 that Ford, Li...
GM Loses Ground in South Korea
4 Aug 2009, 06:47 UTC · By: Bogdan Popa / While the company benefits from cash incentives in both the United States and continues to run high in China, General Motors experiences slower sales in Korea where GM Daewoo encounters several prob...
GM July Sales, Down 19 Percent
4 Aug 2009, 06:18 UTC · By: Daniel Patrascu / American manufacturer GM posted last night its sales figures in the US for July and the numbers, they say, are encouraging. The company sold a total of 189,443 vehicles, more than last month yet les...
Lamborghini's H1 Profits Down
3 Aug 2009, 12:02 UTC · By: Daniel Patrascu / Being an exclusivist sports car manufacturer in today's economy is no easy feat, and even if it still posted profit, Lamborghini witnessed a very slow first half of the year. The manufacturer p...
Hyundai Canada Reports Best July Ever
3 Aug 2009, 11:13 UTC · By: Daniel Patrascu / After months of seeing automakers worldwide struggling with depleting sales, it's time to finally see the other side of the coin. With the automotive industry on a rebound (even if, some say, t...
GM in China, Best July Ever
3 Aug 2009, 09:12 UTC · By: Bogdan Popa / Things are going well in China, one of the largest markets for many automakers out there who got lured into this country thanks to a continuous grow in demand. Despite the global economic recession,...
Ford to Post First Monthly Rise in Two Years
3 Aug 2009, 07:58 UTC · By: Daniel Patrascu / American manufacturer Ford is reportedly going to post its US sales for July and it is said to register the first rise in vehicles sold in almost two years and the first increase for any of the larg...
Subaru Expects Best Month Ever in the US
3 Aug 2009, 06:35 UTC · By: Bogdan Popa / Subaru of America expects a 30 percent increase in sales in July compared to the same month of the previous years, citing, of course, the shockingly successful CARS scrapping scheme as the main reas...
VW Projects Zero Growth in 2010
31 Jul 2009, 15:02 UTC · By: Bogdan Popa / 2010 is going to be a difficult year for the automotive industry. At least, this is what Volkswagen believes, projecting a zero growth in the car market next year. After unveiling a drop in sales in...
BorgWarner Post $32M Q2 Net Loss
31 Jul 2009, 11:00 UTC · By: Daniel Patrascu / Automotive supplier BorgWarner posted yesterday its financial result for the second quarter of the year, showing a $32 million net loss, worse than analysts expected. In addition, the company also p...
Spain Sales Back on Track
31 Jul 2009, 10:06 UTC · By: Daniel Patrascu / After experiencing some of the worst decline in Europe, if not the world, in terms of sales, the Spanish automotive industry is on a rebound, as Spanish Asociacion Espanola de Fabricantes de Automov...
Audi Posts 823M Euros H1 Operating Profit
31 Jul 2009, 09:37 UTC · By: Daniel Patrascu / German manufacturer Audi released today its financial result for the first half of the year, with numbers showing an operating profit of 823 million euros, down from the 1.3 billion posted last year...
Volkswagen Posts 1.2 Billion Euros Operating Profit in H1
30 Jul 2009, 10:15 UTC · By: Daniel Patrascu / After last week it proudly announced it managed to increase its global market share to 12 percent, German manufacturer Volkswagen posted today its financial results for the first half of the year, r...
GM China Targets 70 Percent Sales Boost in July
30 Jul 2009, 07:49 UTC · By: Bogdan Popa / Automakers who are selling cars in China have extremely high expectations from this particular markets, mostly following the remarkable figures posted in the last few months. General Motors for exam...
Daimler Posts 1 Billion Euros Q2 Loss
29 Jul 2009, 12:47 UTC · By: Daniel Patrascu / German manufacturer Daimler posted today its financial results for the second quarter of 2009, with figures showing a total net loss of 1,06 billion, a figure which stands above the 1.28 billion los...
Honda Posts Q1 Profit
29 Jul 2009, 10:49 UTC · By: Daniel Patrascu / Surprisingly, Japanese manufacturer Honda managed to post profit for the first quarter of the fiscal year ending in March 2010, with figures showing a $267 million operating profit for the April-Jun...
Italy July Sales Up 6.2% Over 2008 Figures
29 Jul 2009, 10:34 UTC · By: Bogdan Popa / The market is slowly but surely getting back to the pre-crisis volumes. And Italy is the living proof that the scrappage schemes around the world help automakers improve sales, with provisional figu...
Nissan Posts $175 Million Q1 Loss
29 Jul 2009, 10:14 UTC · By: Daniel Patrascu / Japanese manufacturer Nissan posted today a 16.5 billion yen ($175 million) loss for the first quarter of the fiscal year ending in March 2010. According to company data, total net revenue fell 35.5...
Mercedes' Big Chinese H1
29 Jul 2009, 08:40 UTC · By: Daniel Patrascu / With most of the automakers in the world today fleeing to China to get that needed wanted breath of fresh air, there's no surprise in seeing them posting, full of confidence, sales results for ...