Category: OEMs

Statement on U.S./China Trade

We support a positive trade relationship between the U.S. and China, and urge both countries to continue to engage in constructive dialogue and pursue sustainable trade policies. We continue to believe both countries value a vibrant auto industry and understand the interdependence between the world’s two largest automotive markets.

LCV DEVELOPMENT RESPONSIBILITY FOR GROUPE PSA TO BE BASED IN RUESSELSHEIM

LCV DEVELOPMENT RESPONSIBILITY FOR GROUPE PSA TO BE BASED IN RUESSELSHEIM 2018-04-04 Rüsselsheim. Groupe PSA is further strengthening the Engineering center in Rüsselsheim/Germany. Going forward, the Engineering teams in Rüsselsheim will lead the development for Light Commercial Vehicles (LCV) of Groupe PSA that are built on a dedicated LCV platform. “With this decision, we receive… Continue reading LCV DEVELOPMENT RESPONSIBILITY FOR GROUPE PSA TO BE BASED IN RUESSELSHEIM

Groupe PSA: Investment in Luton Plant to Produce a Brand New Opel/Vauxhall Vivaro by 2019

RUEIL-MALMAISON, France–(BUSINESS WIRE)–Regulatory News: As the European LCV market leader, Groupe PSA (Paris:UG) intends to strengthen its market share in this segment in Europe and accelerate its development in the other regions. The increase in manufacturing capacity in the compact vans segment will supply our customers from the Luton plant by 2019 in addition to… Continue reading Groupe PSA: Investment in Luton Plant to Produce a Brand New Opel/Vauxhall Vivaro by 2019

Investment in Luton plant to produce a brand new Opel/Vauxhall Vivaro by 2019

As the European LCV market leader, Groupe PSA intends to strengthen its market share in this segment in Europe and accelerate its development in the other regions. The increase in manufacturing capacity in the compact vans segment will supply our customers from the Luton plant by 2019 in addition to the existing Hordain facility in… Continue reading Investment in Luton plant to produce a brand new Opel/Vauxhall Vivaro by 2019

March 2018 Sales Result

HYUNDAI MOTOR COMPANY (HMC) Corporate Disclosure to Korea Exchange Disclosure Title : March 2018 Sales Results 1. Sales Results: *Monthly sales Category (units) March 2018 February 2018 MoM % Change March 2017 YoY % Change Sales Unit Domestic 67,577 50,200 34.6 63,765 6.0 Overseas 329,464 262,068 25.7 326,838 0.8 Total 397,041 312,268 27.1 390,603 1.6… Continue reading March 2018 Sales Result

Result of AGM 2018

Result of The 50th Annual General Meeting     1. Financial Statements (KRW) – Approved (Unit: 000 KRW) Consolidated Separated Auditor’s Opinion Unqualified Unqualified Asset 178,199,454,000,000 70,130,650,000,000 Liability 103,442,100,000,000 15,906,232,000,000 Equity 74,757,354,000,000 54,224,418,000,000 Revenue 96,376,079,000,000 41,604,869,000,000 Operating Income 4,574,667,000,000 2,163,447,000,000 Net Income 4,546,400,000,000 2,551,319,000,000 EPS 14,993 9,478 2. Appointment of Directors – Approved Item 2-1… Continue reading Result of AGM 2018

Volvo Cars global sales up 14.1 per cent in the first quarter of 2018

Volvo Cars global sales up 14.1 per cent in the first quarter of 2018   Volvo Cars, the premium car maker, reported a global year-on-year sales increase of 14.1 per cent for the first quarter of 2018 as sales in all main markets increased compared with the same period last year.   Total sales in… Continue reading Volvo Cars global sales up 14.1 per cent in the first quarter of 2018

Soundbites: March 2018 Sales

Ford SUVs hit record sales month with overall U.S. March sales gaining 3.4 percent, with 244,306 vehicles sold.  Here to break down our March sales results is Erich Merkle, Ford sales analyst. Cut#1 “All things considered, with the bad storms on the East Coast through much of March, sales came in really strong.” :09 sec.… Continue reading Soundbites: March 2018 Sales