Automotive – Page 7 – PressClub World

6. 2. 2019 No Responses

Toyota warn on profits as car challenges mount

Toyota, whose net profit last month fell 81%, cut its annual profit expectations for the 12 months to March by 19% to ¥1.87 Trillion. Toyota’s operating profit flatlined in the latest quarter as cost increases and lackluster sales offset a...

4. 2. 2019 No Responses

Ford sales rise about 7% in January, GM down 7%

Ford and GM are no longer announcing monthly sales but Bloomberg sources say Ford was up about 7% and GM down about 7%. Earlier Volkswagen was reported down 6.7% so the consumer is looking a tad soft to start the...

30. 1. 2019 No Responses

Volkswagen is close to hiring banks for Truck Unit IPO

German Volkswagen AG is supposedly close to hiring banks and advisers to work on an IPO (initial public offering) for its heavy-truck division. Citigroup Inc., Deutsche Bank AG, Goldman Sachs Group Inc. and JPMorgan Chase & Co. are likely to...

24. 1. 2019 No Responses

Hyundai Motor suffers first net loss in 8 years as China sales skid 23%

Hyundai Motor Q4 net loss 129.8 Billion won vs profit expected Company’s China vehicle sales slide 23% in Q4 Analysts skeptical of strong Hyundai earnings recovery this year South Korea’s Hyundai Motor surprised the market on Thursday by posting it...

20. 1. 2019 No Responses

France presses Japan to accept Renault-Nissan merger

Paris informs Tokyo it wants Renault and Nissan to integrate The French government has asked Japan company to accept a possible merger between Renault SA and Nissan Motor Co. following the arrest of Carlos Ghosn, who had managed the alliance...

16. 1. 2019 No Responses

New Concepts, New EVs, Toyota Supra 2020 and Shelby GT500 at Detroit Auto Show 2019

SUVs may rule the sales reports, but cars ain’t dead by a long shot. The first day at the 2019 North American International Auto Show in Detroit saw a dozen new vehicles, ranging from the revival of a beloved sport...

18. 12. 2018 No Responses

Nissan taking orders for $1.1 million GT-R supersport

Nissan Motor Co. will be building 50 examples of the Nissan GT-R50 by Italdesign, which was unveiled at the Goodwood Festival, There is some reason: GT-R 50th anniversary next year. Customers will be able to pick their own colors for their...

18. 12. 2018 No Responses

Audi E-Tron GT vs. Tesla Model S

The Audi E-Tron GT will have a 90-kWh battery and is said to return 400 km (248.5 miles). The Model S, with only a 75-kWh pack, is rated for 416.8 km (259 miles) using the EPA test. Audi E-Tron and Tesla...

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