The struggling SUV had problems from the get go. The Levante hasn’t exactly been a huge success for Maserati. Since its launch in 2016, the company has had to halt production twice – shortly thereafter cutting production of the SUV by a whole 59 percent. In 2017, Maserati moved just 5,485 examples of the Levante.… Continue reading Sergio Marchionne Admits Maserati Levante Launch ‘Sucked’
Category: OEMs
April 26 Suzuki March 2018 and Fiscal 2017 Automobile Production, Japan Sales, and Export Figures (Preliminary)
March2018(units) Year-on-Year Year-on-Year Trends Jan.–Mar.2018(units) Year-on-Year Japanproduction 91,359 94.8% Down for the second consecutive month 254,030 93.9% Overseasproduction 224,292 110.9% Up for the 15th consecutive month 643,963 108.9% Globalproduction 315,651 105.7% Up for the 15th consecutive month 897,993 104.2%
Porsche increases revenue and operating result in the first quarter
Continued growth: Porsche AG has seen a further increase in its deliveries, revenue and operating result in the first three months of the 2018 financial year.
Audi starts challenging year with successful first quarter
In the first quarter of 2018, the Audi Group surpassed its revenue and operating profit of the prior-year period. The operating return on sales of 8.5 percent was once again within the strategic target corridor. This year, the brand with the Four Rings will launch more new models than ever before in the company’s history,… Continue reading Audi starts challenging year with successful first quarter
Volkswagen Truck & Bus boosts sales in first quarter of 2018
News Press Release News Group Braunschweig, 27 April 2018 Volkswagen Truck & Bus boosts sales in first quarter of 2018 Volkswagen Truck & Bus has been able to increase its commercial vehicle sales considerably in the first three months of 20181. The Group’s sales volume came in at 53,220 vehicles, up …more
REVENUES OF €13.2 BILLION* IN THE FIRST QUARTER OF 2018
Group registrations increased by 4.8% (at constant perimeter including Jinbei and Huasong) to 935,041 vehicles in a market up 2.7%.
TMC Announces Organizational and Personnel Changes
Toyota Motor Corporation (TMC) today announces organizational changes, as well as personnel changes at the sub-executive managerial level.
Volvo Cars’ first quarter 2018 operating profit rises 3.6 per cent to SEK 3,616 million
Volvo Cars’ first quarter 2018 operating profit rises 3.6 per cent to SEK 3,616 million Volvo Cars, the premium car maker, today reports its financial result for the first quarter of 2018. Highlights from the financial report include the following: First quarter: Operating profit of MSEK 3,616, an increase of 3.6 per cent… Continue reading Volvo Cars’ first quarter 2018 operating profit rises 3.6 per cent to SEK 3,616 million
Toyota’s Mississippi Plant Investments in Full Bloom
It is springtime in Blue Springs, and plants―such as Toyota Motor Manufacturing, Mississippi―are growing. During a groundbreaking ceremony for Toyota Mississippi’s new visitor and training center, the company announced it would invest $170 million to build the 12th generation Corolla using Toyota New Global Architecture (TNGA).
Automobili Lamborghini at 2018 Beijing Auto Show
Sant’Agata Bolognese/Beijing, 26 April 2018 – Automobili Lamborghini presents the complete model line-up for the first time in China at 2018 Beijing Auto Show. The Huracán Performante Spyder is making its Asian public debut, and is joined by the SUV Urus and the Aventador S Roadster, thus Lamborghini delivers an unprecedented range to the Chinese… Continue reading Automobili Lamborghini at 2018 Beijing Auto Show