PSA Sales Power Ahead As Investors Await Opel Plan. Up To 6,000 Job Losses Expected. “In the first half of 2017, PSA generated a profit of €913 per vehicle, while Opel-Vauxhall lost €686 per vehicle in the first quarter of 2017” PSA Group raised its automotive sales by 12 per cent in the third quarter […]
Archive | Industry Analysis 2017
Daimler Profit Slides After Emissions Snafu Charges
Daimler Profit Slides After Emissions Snafu Charges. Investors Worry About Technology Costs, As Product Charge Ends. Why Is Truck, Car, Finance Independence Taking So Long? “But cycle worries remain an overhang for the sector and particularly given Mercedes’ strong product momentum to date” Daimler’s profit dived 14.4 per cent in the third quarter, hit by […]
FCA Profit Report Spurs Profit Upgrades
FCA Profit Report Spurs Profit Upgrades. “FCA has continued a relentless restructuring of its brand portfolio” Fiat Chrysler Automobiles (FCA) improved net profit in the third quarter, and the overall performance of the company spurred Morgan Stanley to raise its earnings forecasts for 2018 through 2020. FCA said net profit in the 3rd quarter rose […]
Kia Needs 4X4 To Sell New Stonic Small SUV In The U.S.
Kia Needs 4X4 To Sell New Stonic Small SUV In The U.S. “Because of the snow states buyers will demand 4×4 in the U.S”. Kia has filled a gap in its product portfolio in Europe with a small SUV, the Stonic, and is thinking hard about introducing it in the U.S. First of all though, […]
FCA Says Accelerating Electric Car Sales Will Endanger Planet
FCA Says Accelerating Electric Car Sales Will Endanger Planet. “Before we assume electric vehicles are the ultimate answer, we need to consider the environmental impact of the entire cradle-to-grave lifecycle, particularly the source of the electricity,” Electric cars are more of a threat to the planet than a potential saviour, and governments should stop forcing […]
Lower Saxony Election Result Means Big VW Changes Unlikely
Lower Saxony Election Result Means Big VW Changes Unlikely. “For those people that had hoped the CDU could win the elections and improve governance on VW’s board, the outcome of yesterday’s elections is a disappointment.” Volkswagen shares barely moved after news Lower Saxony elections Sunday returned the ruling Social Democrat Party (SPD) and signalling little […]
PSA Gingerly Tests U.S. Temperature For Full-Blooded Return
PSA Gingerly Tests U.S. Temperature For Full-Blooded Return. “This will give us tremendous insight into how we can structure our sales, service and repair network as we move toward providing automobiles in the future,” You can’t accuse PSA Group of France of rushing in where angels fear to tread. It has expressed the wish to return […]
Tesla Rocked By Model 3 Production Problem
Tesla Rocked By Model 3 Production Problem. Some Investors Say Tesla Must Show Its Production Competence. Others See Just A Hiccup Before Ultimate Triumph. Tesla Inc’s stock price is on the slide as rosy expectations of an all-electric car world rub up against the cold reality of making the things. Tesla announced in early October […]
U.S. Auto Market Boosted By Hurricane Replacement Sales
U.S. Auto Market Boosted By Hurricane Replacement Sales “Do Not Extrapolate” “In 2018 and 2019, we believe that U.S. auto sales may weaken slightly from their 2017 levels but stay at a relatively healthy 16.8 million-16.9 million” Hurricane Harvey was a disaster for Houston, but it helped spur U.S. auto sales in September as they […]
Renault Sets Out Ambitious Targets For Sales, Profits
Renault Sets Out Ambitious Targets For Sales, Profits. All Progress Depends On Emerging Markets, With Europe Stagnant. “The company has a record of missing these kinds of targets” Renault raised its long-term profit and sales targets again and investors generally took a positive view of the possibilities, although not one harsh critic. Renault said it […]