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Nissan may have gotten huge North America profits but it didn't stop the company from feeling concerned.The extra car sales are being appreciated a lot by CEO Carlos Ghosn but does it mean now they depend too on the U.S.? The company needs to rebalance its global footprint to tap other profit centers. The company isn't planning to reduce the profit on North America but simply wants to find some new pillars of profit by the time the auto sales in North America go down. The company realizes that the economy of U.S. started to slow down and the country won't bring profits forever.&nbs...
Jaguar's F-Pace is a very promising new brand's crossover and the automaker expects it will become its best-selling model to date. There are already about 25,000 customers who pre-ordered the F-Pace ahead of its European launch at the end of last month. Jaguar predicts that China and the U.S will be the top two markets for the SUV.The biggest-selling Jaguar ever, the F-Pace, enters a fast-growing segment and will allow Jaguar to attract younger customers. The average age of Jaguar buyers is 54 and the F-Pace could reduce this to 44. Jaguar also e...
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...
Ride sharing apps that could compete with Uber for example, are one of the current interests of Apple. With sales of iPhones slowing, the company decided to diversify its investments and it will provide about $1 billion for the development of the Chinese-based Didi ride sharing app. Didi materialized last year and it became China’s largest ride sharing app. Additional services provided by Didi include taxi and private car services and even test drives. Apple CEO Tim Cook said they are extremely impressed by the business Didi have built and their excelle...
It was reported that 164.063 Mercedes vehicles were sold this April worldwide, which is more than last year's April for approximately 11%. The first four months of the year sold around 650.000 units, which is definitely a good record for the company.This April is considered to be the 38th consecutive record month for Mercedes-Benz sales. The company sales grew up to 11% thanks to strong delivers in Europe and China, which helped offset flat demand in the U.S.Ola Kaellenius, the sales chief of Mercedes sales said the company had a good start to the second quarter because...
