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Tag: sales
Kiwi new-car sales records breaking all over the place
2016-01-17 20:51:32| Auto Dealers - Topix.net
Mercedes-Benz finally made it to top-spot in the Kiwi luxury-car market in 2015. Pictured: the new GLC SUV.
Capitol Report: Peak auto sales may have come and gone
2016-01-16 07:48:45| Auto Dealers - Topix.net
Car makers have been scaling back production, according to data released Friday, suggesting the industry isn't expecting another record year. The Federal Reserve on Friday said auto makers cut production by 1.7% in December, following a 1.5% decline in November.
Industry, government seek ways to boost electric vehicle sales
2016-01-15 23:42:37| Automakers - Topix.net
During his news conference with journalists at the North American International Auto Show Monday, Fiat Chrysler Automobiles CEO Sergio Marchionne was asked whether he expected to lose money on the plug-in, hybrid version of the Chrysler Pacifica minivan, which will be built at the Windsor Assembly Plant. "Hell, no," Marchionne said.
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Auto Stocks Struggle Despite Strong Sales
2016-01-15 23:34:29| Auto Parts - Topix.net
Despite record car sales over the past year, Wall Street is seeing auto stocks tank due to factors such as rising interest rates and the struggling Chinese economy, which is the largest market for automobiles. Over the past year, Ford has seen its stock decline 19%, while it is down 12% so far for the new year.
Tags: auto
sales
strong
stocks
Fiat Chrysler accused of inflating sales by two US-based automobile dealers
2016-01-15 20:23:35| Auto Dealers - Topix.net
Shares in Fiat Chrysler Automobiles tumbled in Milan and New York on Thursday after two U.S. dealerships filed a lawsuit accusing the carmaker of inflating U.S. car sales.
Tags: sales
automobile
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chrysler
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