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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...
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 ...
That might be sad for our country but in the last years many American car makers have moved to Mexico. Being protected by NAFTA agreement has offered to the brands many new priorities, and that is the main reason why they have invested for the last decade more than $26 billion were invested in Mexico, which made it the fourth biggest car exporter in the world. Even considering all of the priorities the things haven't gone better that is obvious because according to the umbrella organization, production has gone down more than 3% this year, while sales have dropped overseas by al...
When it comes to Fiat Chrysler, we all know that the company had amazing run in the U.S., and all of us are pretty convinced. In fact, we know for sure that all of the positive sales have come thanks to Jeep sales. The only problem the brand still has are Fiat models, considering they barely topped 2,500 last month and were down 19%. Don't you consider that the cars are a waste of resources? We even think that these cars may be a huge loss for the brand in the future also, the more it goes the worse. In the first six months of 2016, 1,152,259 Fiat cars and light trucks were sold...
Automobile sales during this June in Minneapolis fell 22% compared with the same month a year earlier. It is the fourth consecutive double-digit percentage decline in year-over-year sales. Through the whole 2016 year, this trend of falling down sales might continue, and it might go even further. By going further we mean this decline will evolve through the next few years. The Houston area in June logged another sharp, year-over-year drop in auto sales despite a surge of flood victims replacing vehicles. It was announced that last month's sales figures were 21% higher ...
