Forecasts

AvtoVAZ aims to win back market share to return to profit, CEO Andersson says

Aug. 27, 2014 10:54 CET
AvtoVAZ plans to return to profit by cutting costs and rolling out new models to claw back market share that has been slipping away from the producer of Lada vehicles since the end of the Soviet Union....
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Sixt says BMW car-sharing venture is profitable in most cities

Aug. 21, 2014 11:43 CET
Germany's Sixt said its DriveNow car-sharing venture with BMW is profitable in cities where it has been operating for more than a year as sign-ups exceed forecasts....
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Dutch car sales likely to fall to 45-year low, industry group says

Aug. 19, 2014 13:36 CET
Dutch car sales will likely fall to their lowest level since 1969 this year as sluggish economic recovery and weak consumer confidence hit demand, automotive industry consultancy group Aumacon says....
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BMW second-quarter profit jumps 26% boosted by record car sales

Aug. 5, 2014 09:02 CET
BMW said its second-quarter operating profit rose 26 percent, as new models, a rebounding Europe and strong China sales boosted earnings....
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Toyota profit surges on U.S. SUV demand

3:21 am U.S. ET | Aug. 5, 2014
Toyota said net income in the April-to-June period rose to a record 587.8 billion yen ($5.7 billion) as surging SUV sales in the United States eclipsed shrinking demand in Japan. The company raised its North America vehicle sales target for the year....
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VW profit falls, raising pressure to cut costs

July 31, 2014 11:38 CET
Volkswagen said operating profit declined 3.1 percent in the second quarter as emerging-market volatility and a plunge in earnings at its core passenger-car division weighed on earnings....
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Continental raises 2014 profit forecast on lower costs, auto demand

July 31, 2014 11:26 CET
Continental raised its 2014 profit forecast for the second time this year to 11 percent of sales from 10.5 percent, after lower production costs and improving auto demand helped boost quarterly earnings....
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PSA's car division back in profit as new CEO makes mark

July 30, 2014 08:27 CET
PSA/Peugeot-Citroen narrowed its first-half net loss and posted the first positive contribution from its core auto division in three years, as the carmaker's recovery plan began to show early results....
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Honda profit rises 7 percent on cost cuts, Japan sales

3:30 am U.S. ET | July 29, 2014
Honda's quarterly operating profit rose 7 percent to $1.94 billion as lower sales in the United States were offset by costs cuts and the company's stronger focus on Asian markets....
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Faurecia increases earnings target

July 29, 2014 11:39 CET
Faurecia raised its 2014 earnings forecast after first-half profit jumped 21 percent on strong demand in Asia and higher market share in its home region....
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Renault first-half profit surges 25% on cost cuts

July 29, 2014 08:28 CET
Renault reported a 25 percent jump in first-half operating profit thanks to cost-cutting even as currency headwinds and mounting inventories hurt sales and cash flow....
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Bentley CEO rolls back 'aggressive' sales forecasts

July 24, 2014 13:12 CET
Bentley expects 2014 deliveries to be lower than previously forecast as the carmaker is hit by the crisis in Ukraine and Russia and struggles to maintain high sales growth in China....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Mid-sized segment forecast to hit record low this year

July 10, 2014 06:01 CET
Sales in the once-strong volume mid-sized sector are forecast to fall to less than 500,000 in western Europe this year, down from more than 800,000 in 2011, as pressure from premium alternatives mounts....
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Bosch sees 2014 sales growth at top end of range

July 10, 2014 19:09 CET
Bosch expects full-year sales to be at the top end of its target range, CEO Volkmar Denner said. Bosch has forecast revenue growth of between 3 and 5 percent for 2014....
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PSA-Dongfeng raises 2014 China sales target

July 7, 2014 14:42 CET
PSA's Chinese joint venture with Dongfeng raised its 2014 sales target by about 50,000 vehicles after sales rose 24 percent in the first six months....
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Mazda on course to beat Europe sales target in 2014

July 3, 2014 10:57 CET
Mazda expects to beat its European sales target this year after regional deliveries rose 24 percent in the first five months, more than triple the 7 percent the automaker is forecasting for 2014....
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Maserati on track to meet sales targets, CEO Wester says

June 19, 2014 15:45 CET
Maserati is on track to meet sales targets of 50,000 in 2015 and 75,000 in 2018, CEO Harald Wester said. The company sold 15,400 cars globally in 2013....
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Fiat Chrysler will achieve 2014 targets despite weak Europe, difficult Brazil, Marchionne says

June 13, 2014 15:53 CET
Fiat Chrysler CEO Sergio Marchionne said the company will meet its 2014 targets even though Europe shows no sign of improvement and the Brazilian car market will remain difficult....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

European plant capacity usage improves, but breakeven still years away

June 10, 2014 06:01 CET
Capacity utilization at Europe's vehicle plants should reach 70 percent this year. A return to the 2007 high of 85 percent is not expected until 2020 – if ever – forecasters say....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

PSA's Bonnefont shares strategy for making DS a worldwide winner

June 9, 2014 06:01 CET
Yves Bonnefont became the first CEO of PSA's upscale DS brand on June 1. The group's former director of strategy is now tasked with elevating DS from a tiny-but-successful division of Citroen to a global powerhouse....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Ghosn counts on Renault rebound to catch Toyota, GM, VW

June 2, 2014 06:01 CET
Renault-Nissan CEO Carlos Ghosn has high ambitions for the French-Japanese carmaking alliance. His aim is to "install Renault-Nissan as one of the top three global automakers."...
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May sales to get lift from retail demand, holiday deals, extra weekend

1:02 pm U.S. ET | May 23, 2014
Anticipating strong Memorial Day weekend action, some analysts predict the pace of U.S. light-vehicle retail sales in May will be the best so far this year....
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Russian car sales will fall up to 20% in 2014, AvtoVAZ CEO says

May 22, 2014 15:51 CET
Russia's car market will shrink by as much as 20 percent this year as economic growth slows, AvtoVAZ CEO Bo Andersson said. Last year, sales fell 6 percent....
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BMW sees 2014 as year of growth opportunities for auto industry

May 15, 2014 11:42 CET
BMW Group expects global demand for cars to rise this year, underpinning its goal to sell a record number of vehicles in 2014....
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Aston Martin expects to be profitable after 2016

May 12, 2014 21:50 CET
Aston Martin expects to make a significant return to profitability after 2016, which is when the automaker expects to start seeing the benefits of a $843.57 million investment program....
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