Fiat targets doubling profit by 2018 on upscale models

May 7, 2014 06:01 CET
Fiat Chrysler plans to transform Alfa Romeo, Maserati and Jeep into global brands and more than double profit in the next five years. CEO Sergio Marchionne's goals also include boosting yearly deliveries for the group to 7 million in 2018....
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Peugeot sales set to rise fast in China

May 2, 2014 06:01 CET
PSA expects sales of its Peugeot brand in China to rise at more than twice the rate of the market this year, pushing China pass France as the automaker's largest single market....
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Autoliv sees slower growth in Q2 after strong first-quarter earnings

April 25, 2014 13:47 CET
Swedish supplier Autoliv sees slower sales growth and a flat operating margin in the second quarter after brisk vehicle production lifted the company's first-quarter earnings above expectations....
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Honda profit forecast trails estimate as benefits from yen fade

April 25, 2014 11:09 CET
Honda forecast a full-year profit that missed analysts' estimates as benefits from a weaker yen fade and it increases incentives in the U.S. Honda swung to a loss in Europe....
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Continental raises profit forecast after first-quarter gains

April 25, 2014 10:46 CET
Continental has raised its profit forecast for 2014 after earnings jumped nearly 20 percent in the first three months....
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China is key to Winterkorn's new strategy for VW

12:01 am U.S. ET | April 20, 2014
China looms large in Volkswagen CEO Martin Winterkorn's thoughts as he prepares his new "Future Tracks" strategy for the automaker....
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Jaguar counts on XE, first crossover to reach ambitious sales goal

April 10, 2014 06:15 CET
Jaguar is counting on the new XE sedan and a forthcoming crossover to help boost Jaguar Land Rover's global vehicle sales to 750,000 by the end of the decade, up from an all-time high of 425,000 last year....
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Volvo aims for 1 million car sales, chairman tells paper

April 1, 2014 09:16 CET
Volvo targets annual sales of more than 1 million vehicles in the long term, chairman Li Shufu told a Swedish newspaper....
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McLaren expects big profit rise on P1 supercar sales

April 1, 2014 12:14 CET
McLaren Automotive expects pre-tax profit to rise fourfold this year on deliveries of its $1 million P1 supercar....
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BMW targets significant profit gain lifted by new models

March 19, 2014 12:43 CET
BMW Group forecasts ''significant'' gains in 2014 profit as new models like the 4-series Gran Coupe and i8 plug-in hybrid sports car propel record deliveries....
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Bentley forecasts reversal of China slump on new Flying Spur

March 18, 2014 11:17 CET
Bentley expects to reverse last year's 3 percent decline in China deliveries after introducing a new V-8 variation of its all-new Flying Spur sedan next month....
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Porsche predicts stable 2014 earnings

March 14, 2014 13:04 CET
Porsche predicts stable earnings in 2014 as the sports car maker invests in U.S. and Chinese operations with a focus on adding distribution outlets in emerging markets....
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BMW aims to sell a record 2 million cars this year

March 14, 2014 11:57 CET
BMW Group aims to sell a record 2 million cars or more this year, up from 1.96 million in 2013, as the automaker benefits from record deliveries in China and the U.S....
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BMW Group posts Q4 profit gain on 3-series demand

March 13, 2014 13:29 CET
BMW Group reported a surprise 4 percent gain in fourth-quarter profit because of strong demand for the 3 series. CEO Norbert Reithofer forecasts a new all-time high for vehicle sales in 2014....
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Western European 2014 sales forecast revised upwards

March 11, 2014 06:01 CET
Six consecutive months of year-on-year growth in western European car sales has some market watchers revising their sales forecasts upwards....
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UK's GKN sees more growth this year, warns of dollar impact

Feb. 26, 2014 13:22 CET
UK supplier GKN says profits rose 17 percent last year on strong demand for car parts. The company now sees its auto business outpacing an anticipated 3 percent expansion in the market this year....
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Nissan expects better profitability in 2014, Ghosn says

10:19 am U.S. ET | Feb. 21, 2014
Nissan CEO Carlos Ghosn forecast profitability at Japan's second-largest carmaker will improve in 2014 after the company missed out on the yen-led earnings boon at the nation's exporters....
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Renault CEO Ghosn postpones profit goal again

Feb. 13, 2014 16:05 CET
Renault CEO Carlos Ghosn's latest revenue and profit targets for the automaker have sparked mixed reaction from analysts, some saying the company was playing it safe while others were more skeptical....
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Renault 2013 profit advances 59% on gains for Dacia brand

Feb. 13, 2014 08:04 CET
Renault said full-year earnings rose 59 percent as low-cost cars from the company's Dacia division pushed delivery growth and the automaker reduced costs....
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Porsche CEO sees sales exceeding 200,000 in 2015 on Macan demand

6:39 am U.S. ET | Feb. 11, 2014
Porsche expects annual global sales will exceed 200,000 in 2015 on demand for the Macan compact SUV, three years earlier than first planned....
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Porsche CEO sees sales exceeding 200,000 in 2015 on Macan demand

Feb. 11, 2014 12:39 CET
Porsche expects annual global sales will exceed 200,000 in 2015 on demand for the Macan compact SUV, three years earlier than first planned....
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Russian car sales fall 6% in January amid weak economy

Feb. 10, 2014 15:41 CET
Russian vehicle sales got off to a poor start in 2014, falling 6 percent in January. Full-year deliveries may decline 2 percent, delaying the country's bid to pass Germany as Europe's No. 1 market....
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Daimler profit gains 45% on higher CLA, S-class demand

Feb. 6, 2014 06:01 CET
Daimler posted a 45 percent surge in fourth-quarter profit as customers scooped up the new Mercedes CLA and revamped S-class sedan....
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Mercedes sales boss Kaellenius sees great years ahead

Feb. 5, 2014 06:15 CET
Mercedes is counting on Ola Kaellenius, its new sales boss and former CEO of its high-performance AMG subbrand, to help it become the No. 1 premium automaker by 2020....
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Daimler expected to post Q4 earnings surge on new product tailwind

Feb. 5, 2014 17:22 CET
Daimler is expected to post a surge in fourth-quarter profit on Thursday as its rejuvenated Mercedes-Benz model range helps CEO Dieter Zetsche to turn around a legacy of profit warnings....
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