Delphi Technologies reports first quarter 2019 financial results

Revenue of $1.2 billion, down 6%(*) year-on-year U.S. GAAP net income of $16 million, diluted earnings per share of $0.18 Excluding special items, earnings of $0.67 per diluted share U.S. GAAP operating income of $55 million, or 4.8% margin Adjusted operating income of $87 million, or 7.6% margin Generated $21 million of cash from operating… Continue reading Delphi Technologies reports first quarter 2019 financial results

Kia Motors America Announces April Sales

“Telluride is Kia’s fastest turning vehicle in America right now and its popularity is driving new customers into Kia showrooms on a daily basis,” said Bill Peffer, vice president, sales operations, Kia Motors America.  “When you add the new 2020 Soul launch campaign which is airing now and Kia’s Summer Sales Program which is set… Continue reading Kia Motors America Announces April Sales

Hyundai Motor America Reports April 2019 Sales

FOUNTAIN VALLEY, Calif., May 1, 2019 /PRNewswire/ — Hyundai Motor America reported April sales of 55,420 units, a 1% increase in comparison with April 2018 and the ninth straight month of increasing total sales. Retail sales in April grew by 2% backed by retail increases for Elantra (up 8%), Tucson (up 33%), Santa Fe (up… Continue reading Hyundai Motor America Reports April 2019 Sales

Subaru of America Sets New Sales Record with Outback, Forester and Ascent Leading the Charge to Best-Ever April Sales

Subaru of America, Inc. today reported 57,288 vehicle sales for April 2019, a 7.7 percent increase compared with April 2018, and the best April in the history of the company. The automaker also reported year-to-date sales of 214,042, a 5.5 percent gain compared with the same period in 2018. April marked the 62nd consecutive month… Continue reading Subaru of America Sets New Sales Record with Outback, Forester and Ascent Leading the Charge to Best-Ever April Sales