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Ford Motor Company does business in a vast number of markets across the globe, no wonder it's quite interesting and not so easy to follow the up and down momentum of Ford's sales in its three most important markets: China, Europe and, of course, the United States.On Friday Ford announced its total sales in Europe rose 4.7% during April as Europe's automotive market continues to expand. The last month was an especially solid period for commercial vehicles, SUVs, performance cars, and higher priced trims. Commercial vehicles continues to be a strength for For...
German media reported that U.S. threatens to prevent the easing of export controls on European cars, so they could force Europe on buying more agricultural products of U.S. It's been also said that U.S. has blocked a European call to replace private arbitration tribunals which are responsible for corporative lawsuits. Greenpeace is opposing the proposed Transatlantic Trade and Investment Partnership, mentioning that it would hand too much power to big business at the expense of consumers and national governments. TTIP could deliver $100 billion of economic gains on both...
BMW of North America CEO Ludwig Willisch spoke about pressure from automakers to “punch” cars at the end of the month at a recent industry event. In a panel at the National Automobile Dealers Association Wilisch declared that at the end of 2015, there was a lot of pressure to rack up sales numbers.The 2015 sales race was tight until the end, but BMW managed to win its fourth luxury-sales crown in five years. BMW finished 2015 with luxury sales of 346,023 vehicles, followed by Lexus with 344,601 and Mercedes with 343,088. However, Lexus w...
The biggest U.S. carmaker General Motors raised its 2016 earnings outlook on Jan. 13 Wednesday as it follows up a banner year of U.S. sales with major product launches and touted the benefits of hard-won efficiencies.General Motors has put together a respectable string of sales strategies: 28 consecutive months of growth in commercial vehicle sales to companies.As GM pulls back from less-profitable sales to rental agencies, the company has channeled much of those resources into the more-lucrative business of selling pickups, vans and Chevrolet Malibus and Equinoxes to contractors, landscapers ...
Daimler makes its managers drive hybrid and electric cars. Plug-in hybrids and all-electric vehicles will become actually its company cars. The German automaker established a new policy this week that will require top managers to drive electrified company cars—as opposed to gas-powered vehicles—to set an example and provide a clear role model.The company believes that electric cars have much more responses than usual models. Daimler, which owns Mercedes-Benz, announced it would invest another 30 million euros ($33 million) to expand its own charging infrastructure across its o...
