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It has been announced that the General Motors Company has a certain sales decrease outside the US. The level of sales in South America has dropped significantly. Europe's hopes to reach breakeven this year are threatened by the aftershocks of the U.K.'s Brexit vote. Despite this, the level of domestic sales is not low. North American operations' pretax profit jumped 31 percent in the second quarter to $3.65 billion from the year-earlier period, despite a drop of 5.7 percent in overall North American unit sales. North America-heavy General Motors Financial joined the part...
Have you seen the new Ford Fusion's Hybrid and Fusion Energi Plug-in Hybrid? These models might become the new Ford's step to high sales since they are loved by potential buyers, and most importantly they are bought. The mid-size stalwart started selling its 2017 model-year version last month, and Ford has told to the media that Fusion's two hybrid models got high sales boost in LA. Considering the mid-size Ford vehicles were down for five years now, it is an exceptionally important moment to see how they were brought up to the new stage by the brand. This plug-in car ma...
FCA has been cheating on automobile sales, by reporting higher results than they have for real, that is what sources are talking about right now. The sources did not specify the time period covered by the review but it revealed that 5,000 to 6,000 vehicles that were told to be sold by dealers, were unwound after. It's been told that the sales numbers were inflated in part under pressure to preserve FCA's streak of U.S. monthly year-over-year sales increases, which now stands at 75 months. The employee turnover rate among sales staff in the company's nine business ce...
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 ...