Sales

Hyundai to enter U.S. commercial vehicle market as part of $1.8 billion offensive

7:38 am U.S. ET | Feb. 16, 2015
Hyundai plans to spend around $1.8 billion by 2020 on a major offensive in commercial vehicles, including entering the race in the United States, to catch up with rivals in a rapidly growing global market....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Incoming Bosch auto boss must boost margin, fend off rising Conti, ZF

Feb. 16, 2015 06:01 CET
When Rolf Bulander takes over as head of Bosch's car parts division in April he will face hurdles such as raising the unit's margin to 8 percent and maintaining its position as the world's largest supplier despite intensifying competition from Continental and ZF....
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Nissan needs more supply to hit U.S. goal

12:01 am U.S. ET | Feb. 16, 2015
Nissan's growth in U.S. sales and market share will force it to squeeze more vehicles out of its North American factories or find factory space in Asia. Without added supply, the automaker's target of 10 percent U.S. market share will be hard to reach, says Jose Munoz, Nissan North America chairman....
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Taurus 101: It's a sales ranking, not a class

12:01 am U.S. ET | Feb. 16, 2015
Ford rocked the auto world 30 years ago, and became a player again in the U.S. midsize sedan wars, when it replaced the slow-selling LTD with the pleasingly aerodynamic, front-wheel-drive Taurus. But the old magic is gone. The Taurus has fallen on hard times, along with the entire large sedan segment....
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The numbers tell the story: Toyota's back

12:01 am U.S. ET | Feb. 16, 2015
Some questioned whether Toyota could re-create its glory days after the one-two punch of unintended acceleration and earthquake/tsunami in the early part of this decade. Of course, it has....
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Fleet sales rose faster than retail in January

12:01 am U.S. ET | Feb. 16, 2015
Fleet sales outpaced retail in January, rising 20 percent among major players compared with 13 percent for vehicles sold by dealers....
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Ford aims Vignale Mondeo at business buyers

Feb. 14, 2015 06:01 CET
Ford of Europe's Vignale upscale trim line, which will launch In September on the new Mondeo, will be aimed mainly at business customers. Ford is seeking to boost profit margins with Vignale and fend off competition in the midsize segment from BMW, Mercedes and Audi....
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SWEEPSTAKES IN THE MAIL

Postal Service's next-gen van carries a $6 billion prize

12:01 am U.S. ET | Feb. 14, 2015
Faced with rising maintenance costs for its aging fleet and needing extra cargo space to satisfy the desires of online shoppers, the US Postal Service is asking automakers to bid on a commercial van that would replace the boxy Long Life Vehicle and become the backbone of the service's delivery fleet starting in 2018. It could be one of the largest fleet purchases ever....
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JAMES B. TREECE

North of U.S. border, mixed blessings from oil's skid

12:01 am U.S. ET | Feb. 14, 2015
In the U.S., the drop in oil prices is seen as a boost for most of the economy, with some localized pain in the oil patch. In Canada, the view is reversed....
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VW Group sales edge up 1% on Audi, Porsche gains

Feb. 13, 2015 11:43 CET
Sales of Volkswagen Group vehicles were broadly flat in January as gains at the Audi and Porsche premium brands and the Skoda and Seat volume marques offset a decline at its core namesake brand....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Infiniti's Europe boss expects boost from new compacts

Feb. 13, 2015 06:01 CET
Infiniti expects a big boost to its European sales, helped by the launch of the Q30 premium compact hatchback and QX30 crossover. Infiniti's Europe chief, Francois Goupil de Bouille, outlined the brand's growth plans....
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Daimler extends contract of China boss Troska

Feb. 13, 2015 16:00 CET
Daimler's supervisory board has extended the contract of Hubertus Troska, head of the automaker's China unit, by five years. The 54-year-old executive has helped reduce Mercedes' sales gap with BMW and Audi in the world's largest auto market....
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U.S. Postal Service to seek bids on next delivery vehicle

6:00 am U.S. ET | Feb. 12, 2015
Faced with rising maintenance costs for its aging fleet and needing extra cargo space to satisfy the desires of online shoppers, the Postal Service is asking automakers to bid on a commercial van that would replace the boxy Long Life Vehicle and become the backbone of the service's delivery fleet starting in 2018. It could be one of the largest fleet purchases ever....
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Nissan, amid sales gains, weighs options to boost car, truck supplies

4:04 pm U.S. ET | Feb. 12, 2015
Nissan's US sales and market share gains will force it to squeeze more vehicles out of its North American plants -- or find factory space elsewhere....
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Ford's European car sales rise nearly 10% in January

Feb. 12, 2015 11:16 CET
Ford said vehicle sales in its 20 core European markets rose 9.8 percent in January, outpacing a 6.5 percent gain for the overall region. Ford's growth was driven by strong demand for the latest Mondeo, its compact and subcompact SUVs, and the Fiesta....
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JIM HENRY

A positive outlook for e-contracting

12:01 am U.S. ET | Feb. 11, 2015
When it comes to e-contracting, maybe the glass is finally more half full than half empty.
...
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VW sees tough year after Europe, China slip in January

Feb. 11, 2015 11:50 CET
VW brand is bracing for a challenging year after reporting that vehicle sales fell for a fourth straight month in January. VW was hit last month by shrinking demand in Europe and China....
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Honda shines in Best Cars for the Money awards

12:01 am U.S. ET | Feb. 11, 2015
Honda claimed nearly a third of US News & World Report's 2015 Best Cars for the Money awards, leading a pack of mostly import winners....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Premium compact SUV sales forecast to top 500,000

Feb. 10, 2015 06:01 CET
Sales of compact premium SUVs in Europe are poised to top half a million for the first time this year because of new model launches from brands such as BMW, Land Rover and Mercedes-Benz. The segment has expanded significantly since 2010, when about 270,000 units were sold....
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GM faces roadblocks in rebuilding Cadillac brand

8:35 am U.S. ET | Feb. 10, 2015
GM CEO Mary Barra's strategy of rebuilding the Cadillac brand has run into twin roadblocks: the carmaker can't persuade enough American sedan buyers to switch from foreign competitors such as BMW or Mercedes, and it can't make enough of its Escalade SUVs to satisfy domestic demand....
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Penske Automotive pushes further into commercial vehicles

1:12 pm U.S. ET | Feb. 10, 2015
Penske Automotive Group is putting its attention and investment dollars deeper into the commercial vehicle business. The company announced today its US-based commercial-vehicle dealership business will be called Penske Commercial Vehicles, US....
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Renault-Nissan posts record 2014 sales but fails to gain ground on Ghosn's No. 3 goal

Feb. 10, 2015 11:02 CET
Renault-Nissan increased combined global vehicle sales by 2.5 percent to 8.47 million last year, but the alliance is no closer to CEO Carlos Ghosn's goal of becoming one of the world's top three automakers....
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NICK GIBBS

Ford Mondeo hybrid may benefit from diesel backlash

7:53 am U.S. ET | Feb. 10, 2015
Ford does not expect its Mondeo hybrid to be a big seller in Europe but the environmentally friendly car could benefit from a backlash in some countries against diesels due to health fears over particulate emissions....
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Audi, Mercedes January sales beat BMW for global luxury-car lead

Feb. 10, 2015 11:00 CET
Audi and Mercedes brand both outsold BMW brand in January, bumping BMW to third place in the ranking of the world's best-selling luxury carmakers for the month. Both Mercedes and Audi aim to take the luxury sales crown from BMW by 2020....
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Daimler targets at least 10% sales growth in China this year

Feb. 10, 2015 13:27 CET
Daimler will boost local production of Mercedes vehicles in China and continue its dealer network expansion as it targets sales growth of at least 10 percent this year, the company's China chief, Hubertus Troska, said....
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