Category Archives: results

Renault-Nissan Alliance Posts Record 2010 Sales of 7.3 million

Posted on 28 January 2011 by Ken Zino

The Renault-Nissan “Alliance” had a record year with 7,276,398 units sold in 2010, a 19.6% increase over 2009 in a market that grew by 11.8%, Renault today said in a release.

This means that Renault-Nissan Alliance captured 10.3% of the global market in 2010, if you use Renault’s estimate of 70,476,213 vehicles sold during the calendar year. Continue reading →

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Ford Reports 2010 Full Year Net Income of $6.6 Billion

Posted on 28 January 2011 by Ken Zino

Ford Motor Company (NYSE: F) today reported 2010 full year net income of $6.6 billion, or $1.66 per share, an increase of $3.8 billion, or 80 cents per share, from 2009. Continue reading →

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Chevrolet Volt Hybrid Available Nationwide By End of 2011

Posted on 27 January 2011 by Ken Zino

Chevrolet said today that it is moving up the national rollout of the Volt hybrid to the end of this year instead of 2011. The latest development for the increasingly popular four-seat car comes closely after General Motors decided to increase Volt production for at least the second time in four months. Continue reading →

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GM Says No To More Taxpayer Funding. Withdraws Federal Loan Application for Advanced Technology Vehicles

Posted on 27 January 2011 by Ken Zino

General Motors today announced it is withdrawing its $14.4 billion application for direct loans from the U.S. Department of Energy (DOE) that it submitted in October of 2009 after it had emerged from bankruptcy. Continue reading →

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General Motors Declares Quarterly Dividend on Preferred Stock

Posted on 26 January 2011 by Ken Zino

General Motors Company (NYSE: GM, TSX: GMM) today announced that its Board of Directors declared a quarterly dividend of $0.647 per share on its Series B mandatory convertible junior preferred stock. Continue reading →

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Car Buyers Avoiding Toyota, Edmunds Claims

Posted on 25 January 2011 by Ken Zino

Car buyers are avoiding shopping for Toyota brands, according to data provided by Edmunds.com, an online web site covering the automobile business that sells advertising to virtually all automakers. The privately-held Edmunds declined to provide any information to AutoInformed about … Continue reading →

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Toyota Number One in 2010 Sales, Beating General Motors

Posted on 24 January 2011 by Ken Zino

In the closely fought global car wars, Toyota Motor Corporation just barely maintained its Number One position in 2010, beating a resurgent General Motors Company, according to sales numbers released today.

Toyota’s worldwide sales in calendar year 2010 tallied 8,418,000, an increase of 8% compared to 2009. General Motors reported that it delivered 8,389,769 vehicles globally, a 12.2% increase from 2009 deliveries of 7,477,178. The third place automaker, Volkswagen group had reported earlier 2010 sales of 7.14 million, a 13.5% improvement from 2009. Continue reading →

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January New Vehicle Sales up 23% from 2010. Slow Recovery?

Posted on 21 January 2011 by Ken Zino

January new-vehicle retail sales are forecast to come in at 632,100 units, which means a seasonally adjusted annualized rate (SAAR) of 10.0 million units, nearly 2 million units higher than January 2010. Continue reading →

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EU Auto Sales Slump Continues in 2010 for Third Straight Year

Posted on 17 January 2011 by Ken Zino

The European passenger car market shrank for the third straight year in 2010, with registrations declining by 5.5%, from 2009, according to the latest data just released from ACEA, the automakers’ trade group in the EU. Continue reading →

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GM Gives Stock to Its Deeply Underfunded Pension Plan

Posted on 14 January 2011 by Ken Zino

General Motors Company (NYSE: GM) today confirmed it has completed a contribution of 60.6 million shares of GM common stock to its U.S. hourly and salaried pension plans, valued at roughly $2 billion. Continue reading →

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And the North American Truck of the Year is, well, a Car!

Posted on 12 January 2011 by Ken Zino

While automotive marketing is rife with absurdities, mangled language and downright disingenuous claims, automotive journalists can usually sort out the hype and prevarications. Apparently not so this year when it came to the North American Truck of the Year Award.
Continue reading →

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Ford China Sets Sales Record 2010. Still Lags General Motors

Posted on 7 January 2011 by Ken Zino

Ford Motor Company has posted a record year in China, selling 582,467 units in 2010, a 40% increase compared to 2009. Nonetheless the Number Two U.S. automaker still lags far behind cross town rival Genera Motors, which sold a record 2,351,610 units in 2010 in China. GM has been the Number One automaker in China since 2005 when GM surpassed the Volkswagen group.

Ford had a late start gaining access to the auto market in China, the result of a Chinese government decision that chose a Buick sedan from GM over a Ford Taurus as the vehicle that would enter production at a joint venture in Shanghai. Since 1999, Chinese versions of the Buick Century and Regal sedan have established Buick as one of the top brands in China. Continue reading →

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Chrysler Group 2010 Sales Up 16%. Breaks 1 Million Unit Level

Posted on 4 January 2011 by Ken Zino

Chrysler Group today reported U.S. sales of 1,085,211 units, an increase of 17% in 2010 when compared with 2009 sales at the Fiat controlled automaker. On average light-vehicle retail sales in the U.S. rose 11% during 2010 to 11.6 million units.

Particularly strong were truck sales at Jeep, plus 26% at 291,000, and Ram truck, up 9% at 213,000. On average U.S. light truck sales were up 18% to more than 5.8 million units during 2010. At almost 75% of sales, Chrysler Group remains at heart a truck company, making it vulnerable to rising fuel prices this year. Continue reading →

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Toyota U.S. Sales Troubles Continue as 2010 Sales Results are the Same as a Depressed 2009. Overall the Market Grew 11%

Posted on 4 January 2011 by Ken Zino

Toyota Motor Sales (TMS), U.S.A. today reported annual sales of 1,763,595 vehicles – the same as Toyota posted during 2009 in an auto market that grew at double digit rates for most other major makers, including 19% at Ford Motor … Continue reading →

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Camaro Sales Top Mustang for First Time Since 1991!

Posted on 4 January 2011 by Ken Zino

With a sales growth rate in 2010 of three times that of the Ford Mustang, the Chevy Camaro took the annual sales leadership for the first time since 1991. Continue reading →

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