CHICAGO, Nov. 6, 2019 /PRNewswire/ — Cars.com Inc. (NYSE: CARS) (“Cars.com” or the “Company”), a leading digital marketplace and solutions provider for the automotive industry, today released its financial results for the quarter ended September 30, 2019. Q3 Financial Highlights Revenue of $152.1 million, down $17.2 million, or 10%, year-over-year, in line with expectations Non-cash… Continue reading Cars.com Reports Third Quarter 2019 Results
Tag: Mitsubishi
Mitsubishi Motors slashes full-year profit forecast on slowing car sales
FILE PHOTO: The logo of Mitsubishi Motors Corp is seen at a showroom of the company’s headquarters in Tokyo, Japan November 26, 2018. REUTERS/Toru Hanai TOKYO (Reuters) – Mitsubishi Motors Corp (7211.T) on Wednesday cut its full-year profit outlook by 67% as it expects sluggish demand in North America and China will continue, while a… Continue reading Mitsubishi Motors slashes full-year profit forecast on slowing car sales
Analysis: The numbers behind the FCA-PSA merger
The FCA-PSA tie-up gathers 15 brands under the same roof The agreed merger between Fiat Chrysler Automobiles and the PSA Group will create the world’s fourth-largest car company based on sales. The two European firms last week announced their intention to create a new entity owned 50/50 between the two but led by PSA’s CEO, Carlos Tavares. PSA will… Continue reading Analysis: The numbers behind the FCA-PSA merger
Citroën To Electrify Its Van Lineup: Jumper, Jumpy and Berlingo
Citroën Jumper and Jumpy BEVs coming in 2020, while the next-generation Berlingo goes electric in 2021. Citroën intends to electrify all its models – passenger and Light Commercial Vehicles by 2025. While the first passenger plug-in models are just around the corner, let’s take a look at the upcoming LCVs (Jumpy, Jumper and New Berlingo… Continue reading Citroën To Electrify Its Van Lineup: Jumper, Jumpy and Berlingo
PSA-Fiat Chrysler: a belly dance that lasted for months
Code names: “Stella” for PSA, “Paris” for Fiat Chrysler. The Announcements announced Thursday In the early morning, there was serious backstage since the beginning of October. It was at this point that the two groups, who had been looking around for months – if not years – foresaw that the possibility of a “deal” was… Continue reading PSA-Fiat Chrysler: a belly dance that lasted for months
Mitsubishi Motors Reports October 2019 Sales
MMNA has now surpassed 100,000 sales for three straight years and is on pace for a seventh consecutive year of annual sales growth. 2019 remains Mitsubishi’s best calendar year-to-date sales since 2007. October sales of Mirage, the most fuel-efficient non-hybrid vehicle sold in America2, were up 23.4% year-over-year, and year-to-date sales are up 10.8%, continuing… Continue reading Mitsubishi Motors Reports October 2019 Sales
Eduard Vaino will focus on strategic development of AVTOVAZ
Eduard Karlovich Vaino, Vice-President for external and shareholders’ relations of JSC AVTOVAZ, decided to focus on strategic development in the Board of Directors of the Company, and to leave the position in operational management from November 1, 2019. ”AVTOVAZ, with the active support of its shareholders – Groupe Renault and Rostec – has successfully overcome… Continue reading Eduard Vaino will focus on strategic development of AVTOVAZ
Peugeot’s boss, Carlos Tavares, plans a merger with Fiat Chrysler – The Economist
IN 2013 TWO Carloses sat atop the Renault-Nissan alliance. One was Carlos Ghosn, the Brazilian-born architect of the Franco-Japanese carmaking colossus. His protégé was Carlos Tavares, the Portuguese chief operating officer of Renault, who made sure that good cars rolled off the production line. But Mr Tavares, an engineer and racing driver, was not content… Continue reading Peugeot’s boss, Carlos Tavares, plans a merger with Fiat Chrysler – The Economist
25. Oct 2019Daimler Trucks & Buses targets completely CO2-neutral fleet of new vehicles by 2039 in key regions
October 25, 2019 – Daimler Trucks & Buses targets completely CO2-neutral fleet of new vehicles by 2039 in key regions Ambition: New trucks and buses in the triad markets of Europe, Japan and NAFTA in CO2-neutral driving operation by 2039 (“tank-to-wheel”) Battery-electric series-production vehicles by 2022 in all core regions Daimler Trucks already a pioneer… Continue reading 25. Oct 2019Daimler Trucks & Buses targets completely CO2-neutral fleet of new vehicles by 2039 in key regions
Renault chairman vows to get Nissan alliance back on track next year
PARIS (Reuters) – Renault Chairman Jean-Dominique Senard is determined to get the carmaker’s alliance with Japan’s Nissan (7201.T) back on track next year, he said on Tuesday, adding other matters such as a potential tie-up with Fiat Chrysler were less of a priority. FILE PHOTO: Renault Chairman Jean-Dominique Senard attends a Renault, Nissan and Mitsubishi… Continue reading Renault chairman vows to get Nissan alliance back on track next year