On today’s CBT Newscast for Wednesday, January 17th, 2018: Steve Stauning: How to avoid the steps to the sale that customers dislikeAs a dealership, you have salespeople who know a lot about the customer’s buying process and how to initiate it. Steve Stauning, author, contributor to CBT Magazine, and founder of SteveStauning.com, says knowing the… Continue reading Bill Ford: $11 billion investment will make profit per vehicle “remarkable” | How to avoid the steps to the sale that …
Tag: Financial Results
German car production stalled as union calls more 24 hour strikes
Workers attend a 24-hour strike by German industrial trade union IG Metall in Berlin, German. [Photo/Agencies] FRANKFURT – Car factories across Germany were at a standstill on Friday as industrial workers staged a third day of 24-hour strikes, focusing on plants owned by Mercedes-Benz, Porsche, Audi and BMW. The full-day walkouts were union IG Metall’s… Continue reading German car production stalled as union calls more 24 hour strikes
New facts, figures and a shade of grey revealed for McLaren Senna ahead of Geneva International Motor Show
McLaren Senna will makes its public debut on March 6, 2018 at the 88th Geneva International Motor Show Body design, rear wing and active aero front and rear are key to generating 800kg of downforce at 250km/h (155mph) Acceleration from 0-200kmh (124mph) in 6.8 seconds; 0-100km/h (62mph) in 2.8 seconds; maximum speed of 340km/h (211mph)… Continue reading New facts, figures and a shade of grey revealed for McLaren Senna ahead of Geneva International Motor Show
Report: Ride Hailing Accounted for 65% of Business Travel Expense Transaction Volume in 2017
Photo via Mark Warner/Flickr Automated travel and entertainment expense management software provider, Certify, announced the results of its fifth, full-year SpendSmart Report with analysis of U.S. business travel and expense spending trends for 2017. The Certify SpendSmart report tracks business travel expense spending across major categories such as food, airlines, lodging, and car rental. The… Continue reading Report: Ride Hailing Accounted for 65% of Business Travel Expense Transaction Volume in 2017
Nissan reports nine-month results for fiscal year 2017
YOKOHAMA, Japan (February 8, 2018) – Nissan Motor Co., Ltd. today announced financial results for the nine-month period to December 31, 2017. Nissan generated an operating profit of 364.2 billion yen on net revenues of 8.53 trillion yen, equivalent to an operating margin of 4.3%. During the period, the Group’s performance was adversely impacted by… Continue reading Nissan reports nine-month results for fiscal year 2017
Volvo Cars reports record operating profit of SEK14.1 billion in 2017
Volvo Cars reports record operating profit of SEK14.1 billion in 2017 Volvo Cars, the premium car maker, has reported a strong 27.7 per cent increase in operating profit in 2017, earning a record SEK14.1 billion compared to SEK11.0 billion in 2016, driven by global sales of 571,577 cars. Net revenue for the period… Continue reading Volvo Cars reports record operating profit of SEK14.1 billion in 2017
Subaru Corporation Announces Consolidated Financial Results For the Nine Months of FYE 2018
Tokyo, February 8, 2018 – Subaru Corporation today announced its consolidated financial results for the first nine months of fiscal year ending March 31, 2018. < Results for April-December 2017: Consolidated Net Sales >Global sales of Subaru vehicles rose 2.0% to 802,000 units. Unit sales in Japan grew 12.6% to 119,000 units, as strong sales… Continue reading Subaru Corporation Announces Consolidated Financial Results For the Nine Months of FYE 2018
Tesla reports record loss but says outlook is positive
Electric car maker Tesla has notched up its biggest ever quarterly loss and said it “learned many lessons” from its crucial Model 3 production plans. The firm’s future hangs on the Model 3 sedan, but it has so far struggled with production bottlenecks. Tesla reported a loss of $675.4m (£487m) in three months to 31… Continue reading Tesla reports record loss but says outlook is positive
Elon Musk’s Tesla announces biggest quarterly loss ever
Tesla Elon Musk’s Tesla announces biggest quarterly loss ever Loss of $675.4m announced day after Musk’s car sent into space in test of SpaceX rocket After a big success for his SpaceX company, Musk’s Tesla reported a heavy loss. Photograph: Brendan Smialowski/AFP/Getty Images The tech billionaire Elon Musk sent one of his Tesla electric cars… Continue reading Elon Musk’s Tesla announces biggest quarterly loss ever
General Motors asks to avoid Takata airbag recalls for 3rd time
CLOSE Beleaguered Japanese air bag supplier Takata filed for Chapter 11 bankruptcy Sunday night in U.S. bankruptcy court in Delaware and is widely expected to also file for bankruptcy in Japan. Detroit Free Press staff New airbag inflators are installed on the Takata service recall of a 2005 Honda Accord LX at Suburban Honda in… Continue reading General Motors asks to avoid Takata airbag recalls for 3rd time