Cars
A funny t-shirt slogan reads “aim low, achieve your targets, avoid disappointmentâ€. But it would probably be best if you didn’t give it as a Christmas present to Fiat CEO Sergio Marchionne.
- Chrysler Group's First Quarter Profits Quadruple To $473 Million, Best Result Since 1998
While the Italian side of the Fiat-Chrysler alliance is having troubles on the other side of the Atlantic, the American division of the group is thriving. Today, the Chrysler Group announced that it earned $473 million for the first quarter of 2012,...
- Mercedes-benz Outlines Future Plans, Says Next S-class With Have Six Derivatives
After posting new records for vehicle sales, revenue and earnings in 2011 and with 2012 off to a good start as the company is expected to report its best sales ever in a first quarter, Mercedes-Benz has every reason to be optimistic about the future,...
- Analysts Lower Forecasts For 2011-2013 Us Sales
Massachusetts-based research company IHS Automotive has lowered its estimate for US light vehicles sales in 2011 by 200,000 units, to 12.5 million. Analyst Rebecca Lindland commented that IHS has also significantly trimmed its forecast for 2012 sales,...
- Hyundai - Kia Group Targeting A 10-percent Increase In Sales For 2011
For the Hyundai Motor Group and its affiliate Kia Motors, the New Year brings a new sales target as the South Korea's largest automaker said on Monday it aims to sell 6.33 million cars in 2011, which represents a 10 percent increase over 2010 when...
- Bmw Group: Increased Sales & Revenues For Third-quarter
The BMW Group has announced increased sales volume and revenues and earnings figures for the third quarter of 2007. However, despite the improvement in third quarter profits before tax (+6,3%), the group’s overall profit before tax during the first...
Cars
Fiat Group Lowers 2012 Sales Estimate by Half a Million Units
A funny t-shirt slogan reads “aim low, achieve your targets, avoid disappointmentâ€. But it would probably be best if you didn’t give it as a Christmas present to Fiat CEO Sergio Marchionne.
The reason is that the Italian group has lowered its 2012 sales forecast of 2.7 million units by a substantial amount; the new target for next year is 2.2 million, 500,000 units short of the original estimate presented in the group's 5-year plan.
The good news is that its partner, Chrysler, is expected to hit its 2.4-million sales target. Adding up the numbers brings the Fiat-Chrysler combined sales projection for 2012 to 4.6 million units.
Read more »- Chrysler Group's First Quarter Profits Quadruple To $473 Million, Best Result Since 1998
While the Italian side of the Fiat-Chrysler alliance is having troubles on the other side of the Atlantic, the American division of the group is thriving. Today, the Chrysler Group announced that it earned $473 million for the first quarter of 2012,...
- Mercedes-benz Outlines Future Plans, Says Next S-class With Have Six Derivatives
After posting new records for vehicle sales, revenue and earnings in 2011 and with 2012 off to a good start as the company is expected to report its best sales ever in a first quarter, Mercedes-Benz has every reason to be optimistic about the future,...
- Analysts Lower Forecasts For 2011-2013 Us Sales
Massachusetts-based research company IHS Automotive has lowered its estimate for US light vehicles sales in 2011 by 200,000 units, to 12.5 million. Analyst Rebecca Lindland commented that IHS has also significantly trimmed its forecast for 2012 sales,...
- Hyundai - Kia Group Targeting A 10-percent Increase In Sales For 2011
For the Hyundai Motor Group and its affiliate Kia Motors, the New Year brings a new sales target as the South Korea's largest automaker said on Monday it aims to sell 6.33 million cars in 2011, which represents a 10 percent increase over 2010 when...
- Bmw Group: Increased Sales & Revenues For Third-quarter
The BMW Group has announced increased sales volume and revenues and earnings figures for the third quarter of 2007. However, despite the improvement in third quarter profits before tax (+6,3%), the group’s overall profit before tax during the first...