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Tag Archives: results
Honda Resumes Auto Production in Thailand
It took since last November to clean, inspect, repair and replace plant facilities and manufacturing equipment damaged by the flood. In the interim, Honda supplied automobiles from Japan to countries in the Asia Oceania Region that had production disrupted because of severe flooding – the worst in decades. Continue reading
Posted in auto news, manufacturing, milestones
Tagged auto informed, autoinformed.com, automotive news, honda, honda production, Ken Zino, results, Thailand flooding
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March U.S. Auto Sales Tracking 6% Higher than a Year Ago
he 2012 outlook for vehicle sales remains positive, as the first quarter selling rate is expected to come in at 11.6 million units for retail and 14.4 million units for total light vehicles. This sales tempo is ahead of the Power forecast for the full year of 11.4 million units for retail light-vehicles and 14.1 million units for total light vehicles. Continue reading
Posted in auto news, marketing, results, sales
Tagged auto informed, autoinformed.com, automotive news, j.d power, Ken Zino, march sales, results
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Volkswagen Group Posts Record 2011 Results – €11.3 billion
Consolidated operating profit rose to a record €11.3 billion, an improvement of €4.1 billion compared with 2010. This profit does not include the Group’s €2.6 billion (€1.9 billion) share of the operating profit of its communist-government-required Chinese joint ventures. These companies are accounted for in the financial result, which rose by €5.8 billion to €7.7 billion last year. Operating margin improved from 5.6% to 7.1%. Continue reading
Posted in auto news, financial results, results
Tagged auto informed, autoinformed.com, automotive news, Ken Zino, martin winterkorn, results, vw, vw group
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Airlines Profitable as Passenger Fees Continue to Rise
As part of their third-quarter revenue, the airlines collected almost a billion dollars – $898 million – in baggage fees and $603 million from reservation change fees from July to September 2011. Baggage fees and reservation change fees are the only ancillary fees paid by passengers that are reported to BTS as separate items. Other fees, such as revenue from seating assignments and on-board sales of food, beverages, pillows, blankets, and entertainment are reported in a different category with other items and cannot be identified separately. Continue reading
Volkswagen Group February Sales Up 15%, Europe Weak at 1%
Still, executives are cautious. “We are very satisfied with the Group’s noticeably positive performance. However, we will remain vigilant over the coming months in spite of this clear upward trend and are keeping a very close eye on the markets – especially in Western Europe,” said Christian Klingler, Group Board Member for Sales, in Wolfsburg on Friday. Continue reading
Posted in auto news, marketing, results, sales
Tagged auto informed, autoinformed.com, automotive news, china, eurozone, february sales, Ken Zino, results, volkswagen group
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BMW Group Posts Best Year in History – Ups Dividend
Strong sales of sport utility vehicles and luxury cars, the booming China market and cost cutting were all factors in the blowout year. The BMW Group continues to contradict the conventional wisdom that scale is required to succeed in the global auto industry, since it operates largely in premium segments or gets a premium for its products in other segments. Continue reading
Ford China Sales Up 28% in February, But Down 15% YTD
The new Focus, built at Changon 2 is the first of 15 new or revised models due from Ford China by 2015. If the downward sales trend continues, Ford Motor will be in financial trouble because three additional new manufacturing facilities are scheduled to open by the end of 2013. Continue reading
Posted in auto news, marketing, news analysis, results, sales
Tagged auto informed, autoinformed.com, automotive news, changon ford, chinese auto industry, ford china, gm china, Ken Zino, results
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GM Posts February Sales Record in China, Up 30%
The makes February the third highest for any month in GM’s history in China where it has led sales among foreign automakers for seven straight years. In January, GM sales dropped 8% year-over-year, and Ford’s plummeted 42%, leading to speculation that the Chinese economy is slowing down. Continue reading
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Tagged auto informed, autoinformed.com, automotive news, february sales, GM, gm china, Ken Zino, results
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Only Nissan of Japanese Big Three Grows with Overall Auto Market in February. Toyota and Honda Lag Industry Slightly
Nissan North America reported record February U.S. sales of 106,731 units versus 92,370 units a year earlier, making for an increase of 15.5% over last February’s record total. Toyota Motor Sales moved 159,423 vehicles in February for a 12.4% increase in volume. American Honda reported February 2012 monthly new-vehicle sales of 110,157, an increase of almost 13%.
Since the overall light vehicle sales market grew by 16%, only Nissan actually kept pace with the slow recovery in auto sales that saw the best February since 2008, although Nissan also has the highest incentives in the group. Economic indicators – from consumer confidence to the stock and job markets, are showing the best results in four years. This is good news for automakers since sales are off to their strongest start industry-wide since 2008 at a strong seasonally adjusted annual selling rate or SAAR of 13.3 million light vehicles.
The difference among the Japanese Big Three was more pronounced in the higher-margin luxury segment. As usual, Lexus easily led the way with almost 17,000 luxury cars and trucks, followed by Acura at 11,000 and Infiniti at 9,000 vehicles. Continue reading
Posted in auto news, marketing, news analysis, results, sales
Tagged aiada, auto informed, autoinformed.com, automotive news, detroit three, february sales, honda, Ken Zino, lexus, nissan, results, toyota
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Chrysler Group February 2012 U.S. Sales Up 40% as the Strong Comeback Continues for the Fiat Controlled Automaker
in February every Chrysler Group model posted a year-over-year sales gain, where the comparison was available. The Chrysler brand led the way with a 114% increase. The Fiat brand finished its first year of sales with its best month ever. Sales of the Fiat 500 were up 69% in February compared with the previous month. In 2011 Fiat sold 26,000 vehicles in the U.S. after predicting 50,000. Continue reading
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Tagged auto informed, autoinformed.com, automotive news, chrysler group, Ken Zino, results, sales results
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General Motors U.S. February Sales Up 1% as Last Year’s Incentives Are Claimed to have Hurt Results
General Motors Company today reported total sales of 209,306 vehicles in February, up 1.1% compared with the company’s February 2011 results, which were boosted by high incentive levels. Overall the industry was up almost 16% based on preliminary numbers. A question remains whether GM’s recovery has stalled in the face of a strong seasonally adjusted annual selling rate or SAAR of 13.7 million light vehicles. Continue reading
Posted in auto news, marketing, results, sales
Tagged auto informed, autoinformed.com, automotive news, GM, gm february sales, Ken Zino, results
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Ford Motor February U.S. Sales Increase 14%
Leading the way at Ford was the F-Series pickup truck sales totaled 47,273 pickups, up 26% – V6 engines made up 57% of F-150 retail sales in February; the expensive EcoBoost option accounted for 43% of mix. Trucks continue to be the real strength at Ford with trucks up 21%. Cars were up 16%, utilities up 5%. Continue reading
Posted in auto news, marketing, results, sales
Tagged auto informed, autoinformed.com, automotive news, february sales, Ford, Ken Zino, results, sales results
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Volkswagen Group Posts Record Profit of €11.3 Billion
Volkswagen Group is now the second largest vehicle maker in the world behind General Motors Company and just ahead of Toyota Motor Corporation, which struggled to maintain production because of natural disasters last year. GM earned a record € 6.78 billion ($9.1 b) in 2011; Toyota – on the Japanese fiscal year that ends in March of 2012 had profits of €1.50 billion (¥162.5) during first 9 months. Continue reading
Honda Sets January North America, U.S. Production Records
Honda Motor Company said today that it produced almost 317,000 vehicles in January 2012, with North America and the U.S. posting all-time monthly records of 150,000 and 108,000 respectively. However, production in regions outside of Japan experienced a year-on-year decrease … Continue reading
Posted in auto news, manufacturing, results
Tagged asia, auto informed, autoinformed.com, automotive news, china, honda, honda production, Ken Zino, results
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U.S. Light Vehicle Sales in February Trending Up 5%
Total light-vehicle sales in February are projected at 1,064,700 units, only a 3% increase from February 2011. After a fleet mix of 25% in January 2012, levels are expected to be in the 19% range in February, slightly below levels one year ago, according to J.D. Power and Associates. Continue reading
Posted in auto news, marketing, results, sales
Tagged auto informed, autoinformed.com, automotive news, february sales, j.d power, Ken Zino, results, u.s. light vehicle sales, u.s. sales
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