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BMW AG is going to revive North America output of its best-selling U.S. model, at the same time it will begin producing the next-generation 3-series sedan in a new factory in Mexico starting in 2019. The company will probably build another vehicle, but first of all it plans on making 150,000 3-series cars. Yes, if you're thinking about the money than you're right, the company had to invest $1 billion which was its first step to planting the root in the second North American manufacturing hub. You have probably observed already that the 3-series was one of the best selling lu...
We have already talked about Volkswagen and its plan on growing its market place in America. Volkswagen had some tough time earlier, and it still has to suffer from the scandal. The biggest question the company and we've had was if the company will be able to keep the customers trust? Well, we must admit that we've had some huge doubts about that. Now, that the economy in Russia slowed down, and of course the company will look for other strong options, but starting with U. S., is it a good idea? No matter how the company will succeed, and what's the plan on returning the...
Honda Motor expects its global sales to remain strong thanks to brisk sales in the U.S. and China. Japanese automaker expects its group operating profit to jump 19% to 600 billion yen ($5.58 billion) for the fiscal year ending March 2017.Through the previous year Honda had important expenses because of the recalls of vehicles with defective Takata air bags, including recalls demanded in May by U.S. authorities. Therefore, the matter will have no impact on earnings in the current fiscal year, as quality-related expenses are to decrease considerably. ...
German cars are always on the top of world sales. However U.S. sales of BMW brand vehicles decreased 6.4 percent in May for a total of 29,017 compared to 31,003 vehicles sold in May, 2015. President and CEO, BMW of North America, Ludwig Willisch, said the shorter number of selling days in May no doubt affected the month totals, but he also mentioned the ongoing transition to X models among the possible solutions. The BMW X1 grows more popular each month with its siblings X3 and X6 giving it strong support. The X5 was limited only by availability but that will continue impr...
Volkswagen Group Skoda has some tough times these days because of its parent, that is why the company isn't sure yet about selling vehicles in U.S. The Czech value brand is examining the potential of markets where the brand is not yet present. One of the chosen places might be North America, but the decision wasn't made yet. Skoda vehicles might be underpinned by Volkswagen Group technology but it won a lot of praises for its high quality and functionality. The vehicles are sold very well in countries like: China and Germany but now with the low economy in Russia ...
