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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 ...
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...
Nissan made some updates to its Pathfinder for 2017, in order to contribute to the growth of the large CUV’s sales. The launch of the refreshed model comes in the context of U.S. Pathfinder deliveries drop 5.2% through June to 39,759 from first-half 2015. Benefiting from the decline are smaller CUVs, deliveries of which have skyrocketed. But Nissan don't consider this situation as a total shift in the industry. The refreshed Pathfinder made at Nissan’s Smyrna, TN, plant, home to five model lines, represents “an opportunity to ...
Volvo Cars delivered 256,563 units during the first six months of 2016, marking a 10.5% year-on-year sales increase. As a result of these positive figures the Swedish car maker will look to further invest in production plants across the world in order to achieve even better results.In parallel statistics show that the global resurgence of the Volvo popularity among consumers continues, and there’s an ever increasing number of Volvo drivers on the roads and highways of the world. Auto buyers were increasingly drawn during this last period to the brand' s ...
