Forecasts

PSA's auto division returns to profit as turnaround plan bites

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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Subaru plans more U.S. capacity, unveils new technology

4:24 am U.S. ET | May 9, 2014
The maker of red-hot Subaru vehicles says it may expand annual capacity at its Indiana assembly plant to 400,000 units after 2017. It also plans to introduce of a new vehicle platform and more efficient fuel-injected engines....
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Toyota fourth-quarter earnings hit by U.S. settlement

2:43 am U.S. ET | May 8, 2014
Toyota's settlement with the federal government over unintended-acceleration claims contributed to a 5 percent decline in fourth-quarter net income, but the automaker still achieved record full-year profits....
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BRUCE GAIN

Ghosn aims for No. 3 spot for Renault-Nissan

7:17 am U.S. ET | May 8, 2014
Carlos Ghosn has high ambitions for Renault-Nissan after getting a new mandate as Renault CEO. He wants to catch industry leaders Toyota, General Motors and Volkswagen....
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BRUCE GAIN

Ghosn aims for No. 3 spot for Renault-Nissan

7:17 am U.S. ET | May 8, 2014
Carlos Ghosn has high ambitions for Renault-Nissan after getting a new mandate as Renault CEO. He wants to catch industry leaders Toyota, General Motors and Volkswagen....
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Toyota forecasts profit drop on Japan slump, yen

May 8, 2014 08:43 CET
Toyota forecast profit will fall from last year's record as demand slumps in Japan, competition intensifies in the United States and the yen is no longer the boon it used to be....
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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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