Tag: Financial Results

@BMW: BMW of North America Reports Q2 2021 U.S. Sales Results001260

WOODCLIFF LAKE, N.J.–(BUSINESS WIRE)–BMW of North America today reported Q2 2021 sales of 96,561 BMW vehicles in the U.S., an 89.5% increase compared to the same period last year, and a 15% increase compared to the same time period in 2019. Through the first half of 2021, BMW brand sales have increased by 52.2% compared… Continue reading @BMW: BMW of North America Reports Q2 2021 U.S. Sales Results001260

GM reports Q2 new vehicle sales boost, but inventory still tight

The second quarter was the best of times and the worst of times for General Motors as the automaker reported a nearly 40% boost in new-vehicle sales but still struggled with tight inventory. Strong demand for pickups and SUVs helped drive sales and supported GM’s strategy of pushing semiconductor chip parts to those vehicles to make sure it could… Continue reading GM reports Q2 new vehicle sales boost, but inventory still tight

@GM: GM Second-Quarter Sales Increase 40 Percent July 1, 2021

Chevrolet Bolt EV delivers record second-quarter and first-half deliveries. Buick sales rise 86 percent on strong demand for new Encore GX, redesigned Envision, and Enclave, creating the brand’s best quarter in more than 15 years. GMC records best second quarter and best first half since 2005 driven by Yukon and Yukon XL. Chevrolet Silverado and… Continue reading @GM: GM Second-Quarter Sales Increase 40 Percent July 1, 2021

@FCA: FCA US Reports Q2 2021 U.S. Sales

July 1, 2021 , Auburn Hills, Mich. – Driven by strong consumer demand for Jeep®, Ram, Dodge, Chrysler and Alfa Romeo brand vehicles, FCA US LLC reported a 32% increase in second-quarter sales over the same time period a year earlier. Retail sales rose 27% for the quarter. Fleet accounted for 12% of total sales.   “The recovering… Continue reading @FCA: FCA US Reports Q2 2021 U.S. Sales

FCA US Reports Q2 2021 U.S. Sales

AUBURN HILLS, Mich., July 1, 2021 /PRNewswire/ — Total sales up 32% Retail sales up 27% Strong sales results for Jeep®, Ram, Dodge, Chrysler and Alfa Romeo brands Jeep delivers second best ever Q2 U.S. retail sales Jeep Wrangler – Best quarter ever for U.S. retail sales Jeep Wrangler 4xe – No. 1 best-selling plug-in hybrid Jeep… Continue reading FCA US Reports Q2 2021 U.S. Sales

ATLIS Motor Vehicles Secures $300 Million Capital Commitment From Global Emerging Markets (GEM)

MESA, Ariz., July 1, 2021 /PRNewswire/ — Today, ATLIS Motor Vehicles, Inc. (ATLIS) announced a $300 million capital commitment from GEM Global Yield, LLC SCS (GGY), a Luxembourg-based private alternative investment group. Under the agreement, GEM will provide ATLIS with a Share Subscription Facility of up to $300 million for a 36-month term following the public… Continue reading ATLIS Motor Vehicles Secures $300 Million Capital Commitment From Global Emerging Markets (GEM)

Hyundai Motor America Reports All-Time June and Q2 2021 Sales

FOUNTAIN VALLEY, Calif., July 1, 2021 /PRNewswire/ — Hyundai Motor America reported total June sales of 72,465 units, a 45% increase compared with June 2020. This was the highest June sales total in Hyundai history and the fourth consecutive month setting a new monthly record. “The dedication of our retail partners in delivering Hyundai vehicles with… Continue reading Hyundai Motor America Reports All-Time June and Q2 2021 Sales

As Butschek bids adieu, he leaves behind a “healthier and agile” Tata Motors

G Butschek:“I look back with much pride, the honour of leading a fantastic organisation and team. Together, we have rebuilt , reinvented, strengthened and modernised our products, business & company.” As Guenter Butschek gets ready to shift into his new role as consultant, he feels “secure in the knowledge that Tata Motors is much healthier,… Continue reading As Butschek bids adieu, he leaves behind a “healthier and agile” Tata Motors