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Tag Archives: results
June New Vehicle Sales to Improve Slightly from a Weak May
Nonetheless, Power has reduced its 2011 retail sales forecast to a meager 10.5 million units from 10.6 million units. The forecast for total sales has been revised to 12.9 million units from 13 million units. Continue reading
Posted in auto news, results, sales
Tagged auto informed, auto news, auto sales, autoinformed, autoinformed.com, automotive news, june 2011 sales, june auto sales, Ken Zino, results, sales
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Nissan Says Sales up Profits down for 2011 from Earthquake
Nissan Motor Company today said in a statement that it thinks full-year profits will fall 15% and net income may decline to ¥270 billion (~$3.4 billion) for 12 months ending 31 March 2012. That’s down from ¥319.2 billion compared to the 2010 fiscal year. The financial results were based on foreign exchange rate assumptions of ¥80.:$1 and ¥115:1€. Continue reading
Chrysler May U.S. Sales Up 10% as Retail Sales Soar 27%
Chrysler Group, the weakest of the Detroit Three, today reported U.S. sales of 115,363, a 10% increase compared with sales in May 2010 and the best May sales since 2008. The strong results came as larger Ford and General Motors posted flat sales year-on-year. Continue reading
Ford May Sales Flat in U.S. as Retail Sales Rise 5%
Ford Motor Company sales in May were 192,102, the same as one year ago as the economy stalled. Retail sales were up 5% and fleet sales were down 8%. Year-to-date, total Ford Motor sales were 878,600, up 12%. Continue reading
Posted in auto news, economy, news analysis, results, sales
Tagged auto informed, auto news, autoinformed, autoinformed.com, automotive news, ford may results, ford results, Ken Zino, results, sales results, u.s. sales
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General Motors May Sales Flat in U.S. as Retail Sales Rise 9%
General Motors dealers in the United States reported 221,192 total sales in May, including a 9% increase in retail sales compared to May 2010. A sharp -16% decline in fleet sales decreased results so that total sales declined 1% compared to last year. Continue reading
Posted in auto news, results, sales
Tagged auto informed, auto news, autoinformed, autoinformed.com, automotive news, Ken Zino, may gm results, may results, results, sales results, u.s. sales
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Chrysler to Pay off $7.5 Billion in U.S., Canadian Bailout Loans
It is primarily the interest on government loans – $1.23 billion – that prevented Chrysler from earning a profit during 2010 and resulted in an overall loss for the year of $652 million. So decreasing interest rates should improve earnings, a necessary precursor for the public offering of Chrysler stock later this year or early next. Continue reading
U.S. May Vehicle Sales Dropping. SAAR Under 10 Million?
Returning to historical annual selling rates of 15 to 17 million units experienced during much of the last decade appears to be a long way into the future. Continue reading
Posted in economy, results, sales
Tagged auto informed, auto news, autoinformed, autoinformed.com, automotive news, j.d power, Ken Zino, may sales, results, u.s. may sales, u.s. sales
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New Vehicle Sales in Europe Fall Again in April and Year-to-Date
European sales results are of concern for U.S. taxpayers because they can undermine the results at General Motors and Chrysler, which is controlled by Fiat. Both Opel and Fiat are struggling in Europe. Even at Ford Motor results are negatively affected by Europe, which remains a drag on earnings. Continue reading
Posted in auto news, news analysis, results, sales
Tagged acea, april results, auto informed, auto news, autoinformed, autoinformed.com, automotive news, eu sales, european sales, european union sales, Ken Zino, results
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Porsche Sales Double in April Led by Cayenne SUV
In terms of total vehicle sales Porsche now looks like a traditional automaker rather than a sports car specialty house. Continue reading
Posted in auto news, news analysis, results, sales
Tagged 911, april sales, auto informed, auto news, autoinformed, autoinformed.com, automotive news, Ken Zino, Panamera, porsche cayenne, porsche sales, results
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Nissan Posts Profit of ¥537.5 Billion for Japanese Fiscal Year
The Nissan financial results also surpassed those of Japan’s largest automaker, the Toyota Motor Corporation, which reported sales of 7.308 million cars and trucks and a profit of $6 billion yesterday. Continue reading
Toyota Posts Fiscal Year Profit of $5 Billion, but Q4 Dives
Toyota Motor Corporation (TMC) today announced that net revenues for the fiscal year ended 31 March 31 2011 were 18.993 trillion yen, an increase of 0.2% compared to the previous fiscal year as Japan’s largest automaker continues to struggle to return to pre-2008 levels of return. TMC operating income increased from 147.5 billion yen to 468.2 billion yen, while net income increased from 209.4 billion yen to 408.1 billion yen, or $5.1 billion. Continue reading
General Motors Posts 2011 Q1 Profit of $3.2 Billion. Results Almost Doubled by One Time Sales of Ally and Delphi Preferred
The General Motors results were not as strong as they appear on first glance because special items increased profits by $1.5 billion or $0.82 per fully-diluted share. GM stock is currently selling at under $32 a share, below the initial IPO price of $33 last November. Continue reading
Toyota April U.S. Sales Remain Flat as Auto Industry Grows 18%
Toyota Motor Sales (TMS), U.S.A. today reported April sales results of 159,540 units, a decrease of 2.4% compared to the same period last year, on a daily selling rate (DSR) basis. On a raw volume basis, unadjusted for 27 selling days in April 2011 compared to 26 selling days in April 2010, TMS sales were up 1.3% over the year ago month. Continue reading
Ford April Sales in U.S. Up 16% as Fusion Sets Another Record
Ford Motor Company April, were 189,778, up 16% from the year earlier period, the second largest of the Detroit Thee automakers said today. Retail sales were up 10% and fleet sales were up 31%.
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General Motors April U.S. Vehicle Sales Increase of 27%
“Recently, rising fuel prices have led many to re-think their vehicle choice,” said Don Johnson, vice president, U.S. Sales Operations. “Because of the investments we’ve made in fuel-efficiency and global product architectures, the company is well positioned to meet these needs.” Continue reading
