Westend61 | Westend61 | Getty Images Access to personal cars remains important to Americans despite the growing monthly cost of ownership. The average monthly auto payment reached $733, a new record, in the second quarter of the year, according to a report by auto site Edmunds. Seventy-eight percent of middle-income households earning between $47,000 and… Continue reading As interest rates, inventory issues keep car costs high, what drivers are doing to make ownership possible
Tag: Financial Results
Piedmont Advantage Credit Union opens ATM at Piedmont Triad International Airport
GREENSBORO, N.C., July 28, 2023 /PRNewswire/ — Piedmont Advantage Credit Union (PACU) sees an opportunity to continue to serve a workforce rooted in aviation and consumers on-the-go as it did nearly 75 years when it was founded to support the financial needs of Piedmont Aviation’s and Piedmont Airlines’ employees and their families. Continue Reading Piedmont Advantage… Continue reading Piedmont Advantage Credit Union opens ATM at Piedmont Triad International Airport
@VW Group: Brand Group Core increases returns and operating profit in first half of 2023 – systematically moving towards greater profitability in volume segment007623
The Volkswagen Group’s Brand Group Core continued its development in the first half of 2023. Thanks to intensified cooperation between the sister brands Volkswagen, ŠKODA, SEAT/CUPRA and Volkswagen Commercial Vehicles, efficiency and profitability increased through the entire brand group. The new designation of Brand Group Core reflects the central role of the brand group as… Continue reading @VW Group: Brand Group Core increases returns and operating profit in first half of 2023 – systematically moving towards greater profitability in volume segment007623
@VW Group: Škoda Auto Group generates year-on-year increases in all key financial indicators in first half of 2023007623
“We’ve proven in the first half of 2023 that Škoda Auto is on a stable growth path, thanks to a robust business model and a tremendous team performance. These results show what we are capable of delivering despite the challenging market environment. We have remained focused on overcoming supply chain issues and the reward now is… Continue reading @VW Group: Škoda Auto Group generates year-on-year increases in all key financial indicators in first half of 2023007623
@VW Group: Audi Group: Good performance in the first half of the year despite major challenges007624
After a strong start to the year, the Audi Group continued its successful trajectory in the first half of 2023. Between January and June, the brand group progressive delivered a total of 919,548 Audi, Bentley, and Lamborghini vehicles. This corresponds to an increase of more than 15.3 percent compared with the previous-year period. The Group… Continue reading @VW Group: Audi Group: Good performance in the first half of the year despite major challenges007624
@VW Group: Bentley announces strong half-year financials007623
Bentley Motors today announced encouraging financial results for the first six months of 2023, however warned of more difficult trading conditions to follow. The luxury British marque posted operating profits of €390 million, slightly down on the same period last year, a two per cent drop from €398 million. Revenue decreased slightly in 2023, posting… Continue reading @VW Group: Bentley announces strong half-year financials007623
German FAZ: Revolution with the handbrake on006590
Luca De Meo proclaimed nothing less than a revolution last November. The CEO of the French car manufacturer Renault announced at a capital market day that he would split the group into several individual parts after the drama surrounding long-time boss Carlos Ghosn, the near bankruptcy in the corona pandemic and the difficult farewell to… Continue reading German FAZ: Revolution with the handbrake on006590
German Manager Magazin: Automaker Evergrande: share collapses by more than half002634
The Chinese electric car manufacturer Evergrande, a subsidiary of the real estate group of the same name, returned to the Hong Kong stock exchange on Friday after more than 15 months. The share price fell by more than 60 percent by the close of trading. The stock exchange suspended trading in April 2022 because Evergrande… Continue reading German Manager Magazin: Automaker Evergrande: share collapses by more than half002634
German Manager Magazin: Audi: carmaker sells more cars and earns less002634
Although Audi sold significantly more cars in the first half of the year, profits fell. Sales climbed by 14.4 percent to 34.2 billion euros, but the bottom line was a profit of 3.3 billion euros, which had fallen by a good quarter, the Ingolstadt-based VW subsidiary announced on Friday. Among other things, strongly negative effects… Continue reading German Manager Magazin: Audi: carmaker sells more cars and earns less002634
Danish government’s success with gambling addiction reported by Dkcasinospot
COPENHAGEN, Denmark, July 27, 2023 /PRNewswire/ — In Denmark, the gambling industry underwent significant changes in 2012, transitioning from a state monopoly to liberalization. Private companies were granted licenses to offer betting services and online casinos, leading to a surge in online gambling. Other European countries have followed a similar development path in recent years.… Continue reading Danish government’s success with gambling addiction reported by Dkcasinospot