Forecasts

Valeo raises profit forecast, shrugs off China slowdown

July 27, 2015 10:54 CET

Valeo raised its profit outlook today, playing down the impact of a Chinese market slowdown after a record first-half order intake boosted by demand for driving-assistance and fuel-saving technologies....
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Faurecia accelerates margin target as first-half earnings surge

July 24, 2015 10:47 CET

Faurecia's first-half earnings surged 40 percent as sales growth outpaced auto-market expansion in Europe and North America. The supplier now plans to reach an operating margin of 4.5 percent to 5 percent in the second half rather than in 2016....
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TrueCar calls second quarter a 'wake-up call'; shares plunge

9:20 pm U.S. ET | July 23, 2015

TrueCar's CEO warned the online car-shopping company will miss its previous guidance on second-quarter earnings, calling the shortfall a “wake-up call to focus on the business.”...
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Audi reviews China 2015 sales target

July 16, 2015 10:57 CET

Audi is reviewing its 2015 target of selling 600,000 cars in China, the latest sign that a downturn in demand for passenger cars in the world's biggest car market is more severe than automakers expected....
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Swedish supplier SKF sees demand falling as carmakers cut orders on China

July 16, 2015 11:35 CET

Swedish supplier SKF predicts demand at its automotive unit will drop in the current quarter as clients see weakening orders from China....
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Ford expects Russian market to stabilize

July 14, 2015 11:35 CET

Russia's auto market could stabilize in the second half, said the head of Ford's Russian venture, Ted Cannis, halting a slide in sales fueled by the country's economic downturn....
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ACEA raises EU car sales growth forecast to 5% from 2%

July 9, 2015 11:54 CET

European car association ACEA revised upward its forecast for 2015 sales in the EU to more than 13 million vehicles, or 5 percent growth, from a previous estimate of 2 percent. Demand remains below the 2007 peak of almost 16 million cars, ACEA added....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Small SUV sales forecast to nearly double in Europe's top markets

July 9, 2015 06:15 CET

Small SUV sales in Europe's five largest car markets are forecast to nearly double to 931,000 units by 2018, led by fast-rising demand in France, the UK and Italy, according to IHS Automotive, which also sees the segment growing more than 70 percent to 1.3 million units Europewide by 2020....
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Russian car sales could fall 36% in 2015, AEB says

July 8, 2015 15:56 CET

New-car sales in Russia are expected to fall 36 percent in 2015, the Association of European Businesses lobby group said, revising downward its previous forecast that the country's full-year volume would decline 25 percent. The more pessimistic outlook follows Russia's 30 percent sales decrease in June....
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Renault cuts global car market forecast on Russia, China, S. America woes

July 7, 2015 16:09 CET

Renault said global industrywide sales will probably increase 1 percent this year -- down from a 2 percent gain predicted earlier -- because of China's slowdown as well as big declines in Latin America and Russia....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Europe's convertible market poised for rebound

June 10, 2015 06:01 CET

Europe's convertible market will gain sales as aging models from BMW, Audi, Mercedes, Mazda and Mini are replaced, analysts expect....
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German car sales fall 6.7% in May on seasonal effect

June 2, 2015 16:03 CET

German new-car sales fell by 6.7 percent in May in a month that had two fewer business days than the year-earlier month. Adjusted sales rose by almost 4 percent....
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Porsche's wealthy Chinese buyers choose less costly models

June 2, 2015 12:18 CET

Porsche’s wealthy Chinese customers are settling for less expensive models as a government crackdown on graft and conspicuous consumption slows luxury sales....
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UK car output drops 3.8% in April on falling exports to China, Russia

May 28, 2015 11:03 CET

UK car production fell 3.8 percent in April as stronger demand at home failed to outweigh a fall in exports to China and Russia....
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Renault cautious on plug-in hybrids

May 27, 2015 06:01 CET

Renault is ready to launch its first plug-in hybrid but will wait for costs to drop before launching the model, a senior executive said....
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Valeo expects higher sales, profits this year

May 27, 2015 12:05 CET

Valeo CEO Jacques Aschenbroich reiterated that the supplier's sales in 2015 will outpace growth in global markets. Aschenbroich expects an operating margin slightly higher than the 7.2 percent margin in 2014....
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Brembo raises sales growth outlook for 2015

May 15, 2015 15:47 CET

Italian supplier Brembo is expecting sales growth of as much as 12 percent this year, more than previously anticipated, after a promising first quarter....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Europe's biggest segment is poised for a rebound

May 15, 2015 06:15 CET

European sales of subcompact cars including the VW Polo and Ford Fiesta are forecast to rise to 23 percent of the overall auto market in 2015. The increasing popularity of small crossovers, however, means the segment will never again reach the record share seen in 2009, analysts predict....
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Suzuki 2014 profit fell on weak Asia demand

May 11, 2015 11:15 CET

Suzuki said its annual operating profit fell 4.4 percent, the first time it has fallen in six years, as weak demand in Japan and Southeast Asia offset hefty currency gains and robust earnings in India, its biggest market....
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Detroit 3 grapple with slower sales growth

12:15 pm U.S. ET | May 3, 2015

Detroit's automakers, on track for their best sales year since 2006, may want to brace themselves for rockier times ahead. Auto executives say the industry is as healthy as it's been since being restructured in 2009. But judging by the recent stock performance of GM, Ford and Fiat Chrysler, investors have a less robust view....
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CHRISTIAAN HETZNER

BLOG: Daimler mimics BMW with conservative profit outlook

6:17 am U.S. ET | April 29, 2015

Daimler seems to have taken a lead from BMW in keeping its 2015 profit outlook conservative to avoid any risk whatsoever of potentially giving the financial markets an unpleasant surprise later in the year....
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Bosch says weak euro will help sales rise up to 5%

April 29, 2015 11:59 CET

Bosch forecasts that its 2015 sales will rise between 3 percent and 5 percent after a weaker euro bolstered its top line in the first three months....
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CHRISTIAAN HETZNER

BLOG: Daimler mimics BMW with conservative profit outlook

6:17 am U.S. ET | April 29, 2015

Daimler seems to have taken a lead from BMW in keeping its 2015 profit outlook conservative to avoid any risk whatsoever of potentially giving the financial markets an unpleasant surprise later in the year....
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Haldex first-quarter profit rises 37%

April 24, 2015 11:10 CET

Swedish supplier Haldex said operating profit rose 37 percent in the first quarter to 115 million Swedish crowns (12.2 million euros) as the company repeated its forecast for markets to grow at a slower pace this year....
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Audi sees compact cars driving sales in China

April 22, 2015 11:52 CET

Audi sees compact cars increasingly becoming the main driver of sales in China as the country's booming middle class looks for more affordable luxury....
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