Waiting for the U.S. May sales reports, analysts forcast the results to be slightly down mainly because of two fewer selling days than in May 2015.In the particular case of Fiat Chrysler however, the automaker is likely to register its 74th consecutive year-over-year sales increase in May and it is mainly due to the minivans segment. The addition of the 2017 Chrysler Pacifica and the success of the Dodge Grand Caravan also have to do with the final results. Still, this time FCA may have hurdles to overcome to top the 202,227 vehicles it sold in the U.S. in May 2015, it...
Hyundai and its affiliate Kia sold an impressive number of 146,400 cars in the Chinese market last month, accounting for a combined 9.2 percent of the market. The CEO of Hyundai Motor America, Dave Zuchowski, has plenty of changes and challenges to deal with in order to reach a similar success on the U.S. market.In April the two automakers sold in China a total of 1.6 million cars. They took up over 9 percent of the Chinese market for the first time this year. Their combined market share continued to grow from 6.1 percent in January to 7.7 percent in February...
There might be a problem this month with new auto sales but not when it comes to California. The registrations for new cars sold first months this year, exceeded 500.000, which is a 3.8% improvement comparing to last year. It's a 22nd consecutive year-over-year increase in quarterly registrations, which of course is great news not just for carmakers and dealers, but for costumers too. We are pretty sure the state will top 2 million new vehicle registrations for the second straight year. Brian Maas, the president of the California New Car Dealers Assn. said Ca...
Many of us already know about Nissan trying to press for more U.S. growth. It's been revealed that the automaker is also alienating some of its parts suppliers. A newly released annual survey shows Nissan sank into a virtual last-place tie with Fiat Chrysler Automobiles. On the other side General Motors, improved significantly after Steve Kiefer got some great grades for his first year on the purchasing job after running GM Powertrain.The ratings that result from the questionnaire proposed by a Detroit-area consulting firm- Planning Perspectives Inc., come as Nissan and FCA need...
Renault-Nissan CEO Carlos Ghosn and Daimler Chief Executive Dieter Zetsche appear equally motivated to empower women at their companies. The reasons are altruistic, but also economic. Women represent an important customer sector.Daimler estimates that in Germany 32 percent of car buyers are women. Breaking the numbers down further, Daimler said that 20 percent of the people who purchased a Mercedes-Benz or Smart model in Germany in 2014 were female and that figure was nearly double in the United States. Zetsche has even compared the growth of female car buyers to that of the growth o...
