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Magna Beats Expectations In Fourth Quarter, But Coronavirus Risks Loom
Friday, February 21, 2020 - 12:46pm | 338Magna International (NYSE: MGA) reported a better-than-expected fourth-quarter profit Friday despite headwinds from the General Motors Company (NYSE: GM) strike, but the company also warned of potential fallout from the coronavirus outbreak. Magna had net income of $440 million, or an adjusted $1....
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Ford March Sales Gain 3%
Tuesday, April 1, 2014 - 10:32am | 43Ford Motor Company (NYSE: F) reported a 3% gain in its US vehicle sales in March. Ford's sales surged to 244,167 in March, versus 236,160 vehicles in the year-ago period. Ford shares gained 2.99% to $16.07 at 10:30 a.m. ET.
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KBB: Vehicle Sales On The 'Cusp' Of Returning To Pre-Recession Levels
Monday, January 13, 2014 - 9:24am | 679It's been a long and very troubled ride in recent years for the auto industry, especially in the United States. But when Kelley Blue Book briefed the media on Sunday in Detroit, just hours before the start of the 2014 North American International Auto Show (NAIAS), their data and projections...
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GM China Vehicle Sales Rise 13.7% In September
Thursday, October 10, 2013 - 5:14am | 52Sales at General Motors Co (NYSE: GM) and its Chinese joint ventures rose 13.7% y/y in September. GM and its joint ventures in China sold 277,647 vehicles in China in the month. In August, vehicle sales had increased 11.2% y/y. GM shares closed at $34.16 yesterday.
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Weekly Preview: Non-Farm Payrolls, Global Central Banks in Focus
Friday, March 29, 2013 - 2:44pm | 937Next week, investors eyes will be on the economy as well as some key company earnings as markets attempt to continue to make new highs. In the past week, the S&P 500 Index breached its previous closing high of 1,565.40. Investors now look to economic indicators as to the next move for markets...
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Toyota China Sales Down 15.9% In December
Monday, January 7, 2013 - 4:49am | 50Toyota Motor (NYSE: TM) reported a 15.9% drop in its sales in China last month. In December, Toyota and its Chinese partners sold 90,800 vehicles, down from 108,000 cars, in the year-ago period. In 2012, Toyota's sales declined 4.9% to 840,500 vehicles. Toyota shares closed at $97.34 on Friday.
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Toyota Expects 2% Rise In 2013 Global Sales
Wednesday, December 26, 2012 - 4:16am | 50Toyota Motor (NYSE: TM) expects a 2% rise in its 2013 global vehicle sales. For 2013, it projects to sell 9.91 million vehicles worldwide. Toyota expects to produce 9.94 million vehicles worldwide in 2013. For 2012, Toyota expects global sales of 9.70 million vehicles. Toyota shares closed at...
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Ford China Sales Surge 56% In November
Wednesday, December 5, 2012 - 5:03am | 55Sales at Ford Motor Co (NYSE: F) and its joint ventures in China surged 56% y/y to 67,505 vehicles in November. Sales of passenger cars at Changan Ford Automobile climbed 71% to 50,423 units in the month, while sales at Jiangling Motors rose 16% to 15,903 units. Ford shares closed at $11.31...
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Hyundai US Vehicle Sales Rise 8% In November
Monday, December 3, 2012 - 9:00am | 45Hyundai Motor Co (OTC: HYMLF) reported an 8% rise in its US sales in the month of November. Hyundai's sales for the month climbed to 53,487 vehicles, versus 49,610 vehicles, in the year-ago month. Hyundai shares closed at $230.06 on Friday.
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Mazda Motor China Sales Drop 29.7% In November
Monday, December 3, 2012 - 6:58am | 57Mazda Motor (OTC: MZDAY) reported a 29.7% y/y drop in its vehicle sales in China in November. Mazda Motor's China sales declined to 12,187 units in November. However, its China vehicle sales fell 45% in October. Over the first 11 months of the year, Mazda Motor's sales in China dropped 11.3% to...
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Ford China Sales Rise 48% In October
Monday, November 5, 2012 - 5:34am | 42Sales at Ford Motor Co (NYSE: F) surged 48% y/y to 60,518 vehicles in China in October. In the January-October period, its sales in the country rose 14% y/y. Ford shares closed at $11.17 on Friday.
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Tata Motors Global Sales Down 4% In September
Monday, October 15, 2012 - 6:51am | 57Tata Motors Ltd (NYSE: TTM) reported a 4% drop in its global vehicle sales for September. Tata Motors' vehicle sales declined to 103,656 units in September. Its total passenger car sales fell 11% to 48,895 vehicles. Tata Motors' sales of trucks and buses climbed 3% to 54,761 units. Tata Motors...
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Volkswagen Vehicle Sales Surge 19% In August
Friday, September 14, 2012 - 5:29am | 70Volkswagen AG (OTC: VLKAY) reported a 19% rise in deliveries in August. Volkswagen delivered 719,500 cars to customers worldwide in the month. In the January to August period, Volkswagen's deliveries rose 10% to 5.91 million cars. In the January to August period, the group's deliveries climbed...
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Mahindra & Mahindra August Sales Surge 22%
Tuesday, September 4, 2012 - 4:47am | 38Mahindra & Mahindra Ltd (OTC: MAHMF) posted a 22% surge in its vehicle sales in August. Mahindra & Mahindra sold 45,836 vehicles in the month. Local sales surged 20% to 42,826, while exports jumped 56% to 3,010 units.
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Tata Motors August Sales Up 12%
Tuesday, September 4, 2012 - 4:21am | 83Tata Motors Ltd (NYSE: TTM) posted a 12% rise in its sales in August. Tata Motors sold 71,826 vehicles in the month. Its local sales climbed 13% to 67,453 units. However, exports climbed 4% to 4,373 units. Tata Motors sold 22,311 passenger cars in August. The company's sales of the Nano small...