VW logo The Wolfsburg carmaker was able to increase its sales in the USA, especially in the first half of the year. (Photo: AP) Herndon After a drop in sales in the previous month has Volkswagen also sold fewer cars in the important US market in October. With 28,072 cars, the manufacturer was according to… Continue reading Car manufacturer: VW sells fewer cars in the US – Audi and Porsche are increasing
Tag: Toyota
Toyota Motor North America Reports October 2019 Sales
PLANO, Texas, Nov. 1, 2019 /PRNewswire/ — Toyota Motor North America (TMNA) today reported October 2019 sales of 188,787 vehicles, a decrease of 1.2 percent on a volume basis and down 4.9 percent on a daily selling rate (DSR) basis versus October 2018. Toyota division posted October sales of 165,644 units, down 1.6 percent on… Continue reading Toyota Motor North America Reports October 2019 Sales
DENSO Reinforces Commitment to Sustainable Mobility in Company Direction Update
KARIYA, Japan, Nov. 1, 2019 /PRNewswire/ — DENSO, the world’s second largest mobility supplier, today announced its second quarter (July-September) financial results for its fiscal year 2019, as well as updates in its business strategy to create and inspire new value for the future of mobility. As part of this strategy, or its ‘Second Founding,’ DENSO continues… Continue reading DENSO Reinforces Commitment to Sustainable Mobility in Company Direction Update
Car giants plot US-European mega-merger
PSA Group, the French owner of Peugeot, is exploring a merger with its US-Italian rival Fiat Chrysler, it has confirmed. A deal between the two carmakers would create a business with a combined market value of nearly $50bn (£39.9bn). This is Fiat Chrysler’s second attempt at a merger this year after it pulled out of… Continue reading Car giants plot US-European mega-merger
Waymo expands self-driving services to include B2B car parts delivery trial
Self-driving vehicle technology company Waymo has expanded its business relationship with automotive retail company AutoNation, the companies announced today. The new extension builds on the existing partnership between Waymo and AutoNation, which began as a way for Waymo to service its Phoenix, Ariz.-based vehicles, and which grew last year into an arrangement wherein Waymo would… Continue reading Waymo expands self-driving services to include B2B car parts delivery trial
Decision by GM, FCA to side with Trump in mpg fight draws fire
Washington — Democrats in the U.S. House of Representatives railed against General Motors Co. and Fiat Chrysler Automobiles NV on Tuesday for siding with the Trump administration in a legal fight with California over gas mileage rules for the nation’s auto industry. And in testimony before a House panel Tuesday, former California Gov. Jerry Brown singled out GM,… Continue reading Decision by GM, FCA to side with Trump in mpg fight draws fire
Buffett-backed BYD warns on 2019 profit as Chinese market contracts
BEIJING (Reuters) – Chinese electric car maker BYD Co Ltd said on Tuesday it expected full-year net profit to fall by as much as 43%, as sales of new energy vehicles in the world’s biggest auto market plunged following a cut in government subsidies. FILE PHOTO – A bus, manufactured by China’s BYD, is seen… Continue reading Buffett-backed BYD warns on 2019 profit as Chinese market contracts
Press Releases – Sales of zero- and low-emission cars highly unbalanced across EU, alerts auto industry
Brussels, 29 October 2019 – Sales of alternatively-powered vehicles are following a highly uneven pattern across EU member states, according to new findings from the European Automobile Manufacturers’ Association (ACEA). Indeed, the consumer uptake of battery electric, plug-in hybrid and hybrid electric passenger cars, as well as those fuelled by natural gas or hydrogen, differs… Continue reading Press Releases – Sales of zero- and low-emission cars highly unbalanced across EU, alerts auto industry
Pedestrian detection systems produce mixed results in safety study
(Reuters) – The performance of modern pedestrian detection systems varies widely between carmakers, with high-end luxury brands generally faring better and other models failing to recognize pedestrians altogether, according to a study released on Tuesday by a U.S. insurance research group. FILE PHOTO: Philip Floyd, senior engineering technician for the Insurance Institute for Highway Safety… Continue reading Pedestrian detection systems produce mixed results in safety study
VW Finance Chief outlines road map for $222-billion ambition
The seven-point plan includes strengthening individual brands such as VW, Audi and Porsche, growth in China and boosting software operations. Frankfurt: Days before production starts on Volkswagen AG’s cornerstone electric vehicle, the German manufacturer is stepping up a campaign to more than double the market value and gain investor recognition for the industry’s most ambitious… Continue reading VW Finance Chief outlines road map for $222-billion ambition