Improving carsales and a double-digit revenue jump helped drive second-quarter profits up 33 percent at Asbury Automotive Group Inc., as all parts of its business showed gains, the auto retailer said today. Asbury, the seventh-largest dealership group in the United States, posted second-quarter ...
The latest FCA five-year plan calls for a $5 billion investment in Alfa, making it Fiat's main offensive into volume carsales and a crucial bridge between its Ferrari-Maserati luxury group and its struggling volume car business. Rather than buy Alfa
The problem has been compounded by India's worst economic slowdown in a quarter of a century that has depressed passenger carsales for the two consecutive years that ended on March 31. "Indianization' 'This has forced VW to step up sourcing of components
PARIS (Reuters) -- PSA/Peugeot-Citroen's first-half vehicle deliveries rose 6 percent, the carmaker said today, as a European recovery and Chinese expansion made up for a currency-driven sales collapse in the rest of the world. Global deliveries increased to 1.54 million vehicles in January-June ...
European carsales rose 4 percent in June as an economic recovery in southern Europe ..... Discounts to decline Ernst and Young's Fuss said he expects the carsales growth momentum to continue for the rest of the year. "As we move
Africa, to 1,000 employees, dealers, suppliers, government officials and media. The automaker projects industrywide autosales in Africa will grow by 40 percent over the next six years to 2.1 million vehicles, said Jim Benintende, head of Ford
plant in Togliatti, some executives said tumbling Russian carsales were troubling. After plunging more than 17 percent to 199 ..... week from the Association of European Businesses in Russia, carsales in Russia look set to post their worst year since the 2008
deliveries at sister mass-market brands Skoda and Seat rose 21 percent and 12 percent respectively in the same period. Overall, carsales in the markets rose 7 percent, ACEA said. Globally, brand sales rose 4 percent to 3.07 million in the first half year
steady this long talk about dialed in. Normally we watch autosales and production very closely to make sure there and think we ..... ve ever seen meaningful. Only is another measure that the autosales recovery keeps rolling along for a fifth year. Jennifer
decade as surging exports to the U.S. spur factory openings and record output. Mexico's ascent is being fueled in part of autosales running at the fastest pace in almost eight years in the U.S., the country's largest market. The boom coincides with
It's the only way the dealership's 57 new- and used- carsales associates and others can be ready for the tech-savvy clientele ..... May, Pickett moved into his newest post as one of four new- carsales managers at Fred Anderson Toyota, the group's flagship
is showing results. Through the first quarter, new- carsales are up 61 percent from a year earlier, and the store's local market share has jumped 5 percentage points. Used- carsales reached record totals and gross profits during the same
the idea of creating a department and building something from scratch." The department has helped boost new- and used- carsales 18 percent on average each month since its inception, she says. Among dealerships in the region, Jenkins and Wynne's Web
cash-strapped competitors in Europe are still busy cutting jobs and production in response to a six-year slump in new- carsales . By the end of 2018, despite commitments of cash to pay for plants, products and technology, VW expects to have about
to clear surpluses. And that's what is happening in the U.S. marketplace. Average transaction prices are rising, incentive levels remain near multiyear lows, and U.S. autosales are on track to rise for the fifth straight year.
its forecast earlier this year for a 1.6 percent decline. Autosales have tumbled in Russia as a weakening economy has been further ..... purchases. A decline this year would follow a 6 percent fall in carsales in 2013, which brought three years of double-digit percentage
global sales in Europe through June jumped six point 6% from a year earlier. Outpacing industry growth of six point 3%. Autosales in the region are rising this year after falling to a three decade low in 2013. Meantime in general motors' European arm
the Lucas who recently issued a report. Detailing inaction in recalling millions of automobiles to fix the defects. Used carsales appear healthy so far this year that's according to the latest study by Mannheim. Or nearly three years now I feel sort
veered in a new direction with the economic downturn of the early 1980s. The recession triggered high lending rates and slow carsales . Financially troubled customers were walking out of Midway Ford without cars because they couldn't obtain loans. Hankey