GM Sells More Than 1 Million Crossovers Again in 2019, and Over 1 Million Full-Size Trucks Crossover sales increase 12.7 percent for the year 2020-01-03 DETROIT – General Motors Co. (NYSE: GM) announced today that it delivered 2,887,046 vehicles in 2019 in the United States. The total included more than 1 million crossovers for the… Continue reading @GM: GM Sells More Than 1 Million Crossovers Again in 2019, and Over 1 Million Full-Size Trucks
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@Mitsubishi:Mitsubishi Motor Sales of Canada reported 25,535 vehicles sales in 2019
Jan 03, 2020 ID: 16006 Immediate Release 2019 Highlights Best year on record Eclipse Cross sales best on record Eclipse Cross sales up 42% RVR sales up 20% Outlander sales up 10% Mississauga, ON – Jan. 3, 2020 – Mitsubishi Motor Sales of Canada reported 25,535 vehicles sales in 2019 surpassing last year’s sales record. The… Continue reading @Mitsubishi:Mitsubishi Motor Sales of Canada reported 25,535 vehicles sales in 2019
@BMW: BMW Group Classic presents: anniversary stories for 2020.
Munich. Legendary model premieres, trailblazing innovations, top sporting performances and pioneering decisions – the history of the BMW Group is full of milestones that have shaped the development of the company for the past 104 years. And behind each historic event, there are fascinating stories of people, technologies and products. They are all about the… Continue reading @BMW: BMW Group Classic presents: anniversary stories for 2020.
Discounts fuel U.S. pick-up truck sales in a slowing market
(Reuters) – U.S. automakers on Friday reported another year of stable sales of pick-up trucks, as discounts during the crucial holiday season and lower interest rates on vehicle loans attracted buyers while demand for passenger cars retreated further. FILE PHOTO: Newly assembled Ford 2018 F1-50 pick-up trucks are stored on a lot before being shipped… Continue reading Discounts fuel U.S. pick-up truck sales in a slowing market
Tesla Reaches Preliminary Battery-Supply Deal With CATL
(Bloomberg) — Tesla Inc. has reached a preliminary agreement to start using CATL as a battery supplier for cars made in China from as early as next year, and the companies are in talks to expand the relationship globally, according to people familiar with the matter. Following months of negotiations, the companies clinched a non-binding… Continue reading Tesla Reaches Preliminary Battery-Supply Deal With CATL
Discounts drive pick-up truck sales at U.S. automakers
(Reuters) – U.S. automakers on Friday reported another quarter of stable sales of pick-up trucks, fueled by holiday season discounts and lower interest rates on vehicle loans, even as demand for passenger cars fell further. FILE PHOTO: The logo of car manufacturer Fiat is seen in Zurich, Switzerland October 30, 2019. REUTERS/Arnd Wiegmann Passenger cars… Continue reading Discounts drive pick-up truck sales at U.S. automakers
Ram Brand Reports Record Sales for 2019
Ten years ago, in the midst of a recovering U.S. automotive industry, a new leadership team decided to do the unthinkable – launch a new brand. The announcement came in October 2009. The Dodge brand, which consisted of Dodge cars and Dodge trucks, would be “unbundled” and the Ram brand was born. Today, the Ram… Continue reading Ram Brand Reports Record Sales for 2019
GM Sells More Than 1 Million Crossovers Again in 2019, and Over 1 Million Full-Size Trucks
DETROIT, Jan. 3, 2020 /PRNewswire/ — General Motors Co. (NYSE: GM) announced today that it delivered 2,887,046 vehicles in 2019 in the United States. The total included more than 1 million crossovers for the second year in a row, an increase of 12.7 percent compared to 2018, and more than 1 million full-size pickup trucks… Continue reading GM Sells More Than 1 Million Crossovers Again in 2019, and Over 1 Million Full-Size Trucks
@FCA: Ram Brand Reports Record Sales for 2019
January 3, 2020 , Auburn Hills, Mich. – Ten years ago, in the midst of a recovering U.S. automotive industry, a new leadership team decided to do the unthinkable – launch a new brand. The announcement came in October 2009. The Dodge brand, which consisted of Dodge cars and Dodge trucks, would be “unbundled” and the Ram… Continue reading @FCA: Ram Brand Reports Record Sales for 2019
Careem’s CEO ribbed Uber for making a rookie error in the Middle East. Uber just paid $3.1 billion to buy it.
Uber’s $3.1 billion acquisition of Careem, a major rival in the Middle East, closed on Friday after being announced in March. For Uber, it’s a way to buy dominance in a fiercely competitive region. Careem has built a moat to keep out Western competition, founder and CEO Mudassir Sheikha told Business Insider in a 2018… Continue reading Careem’s CEO ribbed Uber for making a rookie error in the Middle East. Uber just paid $3.1 billion to buy it.