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The American worldwide supplier of powertrain components, Dana Holding Corporation, ranks No. 39 on the list of the top 100 global part suppliers. The company works to develop the most innovative technologies. Yesterday it reported a 10 percent decline in second-quarter net income to $53 million on lower sales in its commercial vehicle and off-highway driveline units. The Maumee, Ohio-based powertrain supplier reported sales of $1.55 billion. This is a 4 percent decrease from the second quarter of 2015. The number of sales dropped as reduced demand in the commercial vehicle and off-...
We've come to realize that the new GM strategy was a great one and we've got the proof. The idea of focusing on retail sales in North America got a win-win in the second quarter, with net income more than doubling from the year-earlier quarter. The company has reported an income of $2.87 billion in the second quarter, which is up from $1.12 in the second quarter of 2015. General Motors' CEO told to the media that it's been an outstanding quarter for GM, and they'll continue to focus on driving profitable growth and leveraging their technical expertise to lead in the future ...
Infiniti Motor has officially announced that they registered a sales increase of seven percent over the same period last year. The company managed to sell more than 110200 vehicles. In South and North America, 12,300 cars were sold in June, 11 percent more than in June 2015. Year to date, approximately 72,100 vehicles were sold, an increase of two percent from the same period last year.The company's success can be explained by the fact, that their cars are powerful and look stunning. The prices for their luxurious vehicles are fair enough. Infiniti Motor Company President Rolan...
It has been officially announced that Fiat Chrysler Automobiles NV plans to invest a huge amount of money at two Midwest assembly plants for future production of Jeep SUVs. This is actually more than $1 billion. They also aim to create 1000 new jobs. The automaker is going to invest about $700 million and add 700 work places at the Toledo Assembly Complex North plant for production of the next-generation Jeep Wrangler. The company will also invest $350 million and add about 300 new workers at its Belvidere Assembly in Illinois to produce the Jeep Cherokee. Production of t...
Twitter is one of those social media which keep us updated and informed all the time, by the number of followers we can guess how popular a brand or company is, and by the number of likes and shares we realize how interesting the post was and how much people loved it. That is how we've come to understand how popular Ford F-150 was the last month. For the third month in row Ford ends up first on twitter. On June 28, the F-150's top tweet with a blue model set against a mountains backdrop drew over 80 retweets. Ford used the #TruckTuesday hashtag. More than 115 retweets and 57...
