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Global sales of the Toyota RAV4 reach 10 million units
10.04.2020: Toyota’s ground-breaking SUV reaches 10 million sales landmark
Total achieved across 26 years and five model generations
RAV4 founded the market for compact, urban SUVs and has remained an international best-seller
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Toyota’s ground-breaking SUV reaches 10 million sales landmark
Total achieved across 26 years and five model generations
RAV4 founded the market for compact, urban SUVs and has remained an international best-seller
Toyota prepares for another new chapter in the model’s history with the introduction of the RAV4 Plug-in Hybrid scheduled for the second half of 2020
The RAV4 has joined the ranks of Toyota models that have achieved eight-figure sales. Cumulative figures for the top-selling SUV passed 10 million at the end of February this year, spanning five generations of the vehicle manufactured since 1994.
As a global Toyota model, the RAV4 has gone from strength to strength since its launch. Having originated the market segment for new kind of compact, agile, recreational SUV, it has continued to set standards, with sales reaching new heights.
In 2019, the RAV4 was not only the world’s best-selling SUV, it was also the fourth best-selling passenger car overall. North America is by far its strongest market, with more than half a million annual sales (535,000 in 2019), followed by Europe (133,000) and China (127,000).
In Europe, the RAV4’s sales tally has reached more than two million since 1994, while the latest, fifth generation model, introduced in early 2019, has set a new annual record of over 130,000 units.
This year the RAV4 range will mark an important evolution with the launch of the new RAV4 Plug-in Hybrid, offering customers even greater potential for all-electric driving with zero emissions and zero fuel consumption.
- Stephan Lesuisse, photos Toyota
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Renault's Board of Directors communication
09.04.2020
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| • Annual General Meeting of Shareholders to take place on June 19, 2020 • Cancellation of the dividend for the 2019 financial year• 25% reduction in compensation for the Chairman and interim CEO• 25% reduction in Directors' 2020 attendance fees more >> |
Volkswagen and IG Metall successfully complete pay negotiations
09.04.2020
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| Volkswagen chief negotiator Arne Meiswinkel: agreement with a short term and practical solutions in the coronavirus crisis Volkswagen and IG Metall have brought their negotiations for Volkswagen AG employees covered by the company collective agreement to a successful conclusion. As a result of the coronavirus crisis, the negotiations took place und more >> |
Mercedes-Benz delivers approximately 477,400 cars worldwide in Q1
08.04.2020
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| Britta Seeger: “Together with our global retail partners, we have further strengthened our online activities.” Mercedes-Benz Vans sold about 64,600 commercial vans in the first quarter of 2020. Significant impact of worldwide COVID-19 pandemic and temporary closures of retail businesse more >> |
UK new car registrations fall -44,4% in March as Coronavirus crisis hits market
06.04.2020
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| UK new car registrations fall -44.4% in March as coronavirus crisis causes showrooms to close. Steeper fall than during last financial crisis and worst March since late nineties with some 203,370 fewer cars sold in the month.1 Early SMMT analysis downgrades 2020 outlook to 1.73 million units, -23% more >> |
411,809 BMW vehicles delivered in first quarter 2020
06.04.2020
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| A total of 411,809 (-20.1%) BMW vehicles were delivered to customers in the first three months of the year. The MINI brand sold 64,449 (-23.4%) units during the same period. In the first quarter 30,692 (+13.9%) electrified vehicles of the BMW and MINI brands more >> |
BMW Group focuses on flexibility and solidarity in dealing with Coronavirus Pandemic
06.04.2020
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| Protecting employees and taking responsibility for society - Safeguarding liquidity and the company’s long-term success - Around 80% of retail outlets closed in Europe; 70% in the US - BMW Group sells 477.111 vehicles in first quarter - Pieter Nota: “China shows first signs of recovery” more >> |
Groupe PSA signs an additional € 3 billion syndicated loan
06.04.2020
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| In the current Covid-19 context, Groupe PSA strengthens its financial security with a new syndicated loan amounting to €3 billion in addition to the existing €3 billion undrawn confirmed line of credit for a total amount of € 6 billion. This syndicated loan ha more >> |
Volvo Cars reports first quarter global sales
03.04.2020
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| Volvo Cars sold 131,889 cars in the first quarter of 2020, down 18.2 per cent compared with the same period last year. The company’s global sales performance was affected by the continued impact of the Coronavirus pandemic.In March, Volv more >> |
Postponement of the Peugeot SA Shareholders’ General Meeting
02.04.2020
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| In the context of the Covid-19 epidemic around the world, the Managing Board of Peugeot S.A., in agreement with the Supervisory Board, has decided to postpone the Annual Shareholders’ General Meeting, initially scheduled on May 14th, to June 25th, 2020 A press release will be issued at a later date to inform shareholders of the arrangements for this Shar more >> |
BMW of North America Reports Q1 2020 Sales Results
02.04.2020
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| BMW of North America announced today Q1 2020 sales results for the BMW and MINI brands in the U.S. For the sales period ending March 31, 2020 BMW brand sales totaled 59,455 vehicles, a decrease of 15.3% vs the 70,227 vehicles sold in the same time period last year.*
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American Honda Reports March Auto Sales in the Face of Difficult Market Conditions
02.04.2020
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| After a strong start to 2020, American Honda sales fall 48% in March due to impact of COVID-19 pandemic American Honda Q1 Total 298,785 -19.2%Cars 131,845 -22%Trucks more >> |
Kia Motors America Announces March Sales
02.04.2020
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| Best-Ever First Quarter Sales of the Sportage SUVKia Motors America today announced March sales of 45,413 vehicles, led by the Optima and Forte. The first three months of 2020 saw the Sportage SUV – Kia’s longest-running nameplate in the U.S. – realiz more >> |
Henrik Wenders is responsible for the Audi brand, Sven Schuwirth focuses on the Digital Business
01.04.2020
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| Henrik Wenders is taking over responsibility for the realignment and global marketing of the brand with the Four Rings. As Senior Vice President Audi Brand he will be in charge of Brand Strategy, Customer Insights and Brand Communication as well as Digital, Experiential and Sports Marketing. Sven Schuwirth, who previously held the position, will be responsible for the area „Digital Experi more >> |
Kia Motors announces March global sales
01.04.2020
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| Kia Motors Corporation today announced its March 2020 global sales results, recording a total of 226,960 units sold, which represents 6.4 percent decrease from March 2019.Globally, the Sportage SUV was at the top of Kia’s sales with 28,977 units sold, followed by more >> |
Porsche SE: Postponement of the Annual General Meeting 2020
31.03.2020
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| Originally planned date cannot take place due to the Corona pandemic / New date is being soughtThe Annual General Meeting 2020 of Porsche Automobil Holding SE (Porsche SE), Stuttgart, will be postponed against the background of existing bans on meetings in connection with the spread of the corona virus. The event, whic more >> |
Matthew Weaver appointed Vice President, Nissan Design Europe
31.03.2020
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| Currently Design Director at Nissan's London-based design studio Long resumé, including work on Qashqai, Juke and Infiniti modelsNissan's design function within Europe has been refr more >> |
Mitsubishi Motors Announces Production, Sales and Export Figures for February 2020
30.03.2020
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| February 2020 Fiscal Year 2019 (19/04-20/2) Calendar Year 2020 (20/1-20/2) Volume YoY(%) Volume YoY(%) Volume YoY(%)
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Sales of Lexus Hybrid SUVs reach quarter of a million milestone in Europe
30.03.2020
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| Lexus announces sales of its hybrid SUV/crossover models in Europe have passed 250,000 units Landmark total achieved at the end of February 2020, comprising cumulative sales of RX, NX and UX hybrid models since the launch of the RX 400h in 2005, the world’s first luxury hybrid vehicle SUV/cr more >> |
UK Car production steady in February, down -0.8% as sector braces for Coronavirus impact
28.03.2020
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| UK CAR MANUFACTURING (data for February) UK car production declines -0.8% in February, with some 1,033 fewer units made. Output for domestic market climbs 7.8% while exports fall -3.1% to 94,999, reflecting fundamentally s more >> |
UK Commercial Vehicle manufacturing down -13,6% in Februar as sector supports fight against Coronavirus
28.03.2020
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| UK COMMERCIAL VEHICLE MANUFACTURING British commercial vehicle output falls -13.6% in February, with 7,980 units produced. Exports drive decline, down -26.2%, as output for UK market rises by 417 units. Crucial commercial vehicle sector calls for more government action to ensure uninterrupted more >> |
Volvo Cars restructures executive management
27.03.2020
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| Volvo Cars is restructuring its executive management, starting 14 April, to effectively position the company to capture business opportunities from the transformation of the automotive industry.Unde more >> |
Kia Motors Corporation appoints Ho-sung Song as President
27.03.2020
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| Song will spearhead advancement of company’s mid- to long-term strategy ‘Plan S’ Song’s extensive experience across automotive value chain, expertise in overseas operations are expected to help company’s transition to future businesses — electric vehicles and mobility solutions more >> |
Mitsubishi Motors Corporation Personnel Change
27.03.2020
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| MITSUBISHI MOTORS CORPORATION today announced the following important personnel change effective March 26, 2020. Important Personnel ChangesEffective March 26, 2020
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Market primer: central banks
26.03.2020
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| Gold plays a prominent role in reserve asset management, being one of the few assets that is universally permitted by the investment guidelines of the world’s central banks. This is in part due to the gold market being deep and liquid – a key requirement of reserve asset managers. more >> |
SEAT posts positive financial results and faces a challenging year
25.03.2020
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| Double-digit sales growth drives key financial indicators to record figures Profit after tax goes up by 17.5% and reaches 346 million euros SEAT devoted 1.259 billion euros to investments and R&D expenses (+3%) Carsten Isensee: “The 2019 results provide a solid foundati more >> |
Groupe Renault postponement of the annual general meeting of shareholders
25.03.2020
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| In the current uncertain context due to the coronavirus pandemic worldwide, Renault’s Board of Directors has decided to postpone the Annual General Meeting of shareholders scheduled for April 24, 2020 to a future date in May or June.The Board of Directors is keen to encourage more >> |
Porsche SE: Group profit after tax increases by 26.3 percent to 4.4 billion Euro
24.03.2020
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| Double-digit sales growth at PTV Group - Dividend increased to €3.11 per preferred share - AEVA develops key technology for advanced driver assistance systemsThe consolidated profit after tax of Porsche Automobil Holding SE (Porsche SE), Stuttgart, has risen to 4.4 billion Euro in the 2019 fiscal year, an increase of 26.3 per more >> |
Polestar announces additional board directors
23.03.2020
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| Polestar announces appointment of two additional members to its Board of Directors to accelerate growth and development David Richter and Yankun Hou join the Polestar BoardTo accelerate the journey t more >> |
IMF Closure DC Shutdown
20.03.2020
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| The IMF has closed its headquarters in Washington, DC indefinitely as a result of the COVID-19 epidemic.
The Fund has acknowledged two confirmed cases of coronavirus infection among its staff.Both are recovering, but the I more >> |
Porsche's result after an electrifying year
20.03.2020
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| ...innovative, sustainable, successful2019 financial year stands for implementation of important strategic decisionsIn the 2019 financial year, Porsche AG increased deliveries, sales revenue and the operating result more >> |
Financial year 2019: AUDI AG achieves its financial targets and sets a course for long-term competitiveness
19.03.2020
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| CEO Bram Schot: “Exceptional situation due to corona: we are focusing on protecting our employees, contractors and guests and making the right business decisions in this volatile environment.” In a difficult environ more >> |
Daimler issues the first fully digital Schuldschein with LBBW
19.03.2020
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| Distributed ledger technology, digital signatures and the DEBTVISION financing platform enable end-to-end digitalization of lending New digital procedure used for the first time legally effective for Daimler AG Schuldschein of € 25 million First platform-marketed, legally effective and comple more >> |
Automobili Lamborghini achieves record figures in Fiscal Year 2019
19.03.2020
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| Coronavirus poses significant challenges for 2020 In 2019 turnover grows by 28% from 1,42 to 1,81 billion Euro Worldwide sales increase by 43% from 5,750 to 8,205 units Strong s more >> |
Streaming of Porsche annual press conference
19.03.2020
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On Friday, 20 March, 2020, Oliver Blume (Chairman of the Executive Board) and Lutz Meschke (Deputy Chairman of the Executive Board and Member of the Executive Board for Finance and IT) will present an overview of the 2019 fiscal year results of Porsche AG.
&nbs more >> |
Innovation leadership: BMW Group plans over 30 billion euros on future-oriented technologies up to 2025
18.03.2020
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| Zipse: “Solidarity and responsible action are called for” - Guidance 2020 affected by corona spread - Power of Choice: Next BMW 7 Series all-electric version - Unequivocal commitment to meeting CO2 targets more >> |
Volkswagen brand about to leap into the electric era
18.03.2020
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| Rise in deliveries to 6.3 million in 2019, despite declines in overall market Operating margin before special items increased to 4.3 percent Start of second phase of TRANSFORM 2025+ strategy with focus on e-mobility and digi more >> |
Cavendish Advises Leading Construction Recruitment Firm Falcon Green on Sale of a Minority Stake to Two Private Business Investors
17.03.2020
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| The investment will help Falcon Green accelerate its growth and take advantage of the Government’s latest drive in public housing construction and infrastructure projects Cavendish Corporate Finance, the UK’s leading sell-side mid-market M&A f more >> |
Volkswagen Group and its brands bring 2019 to successful conclusion
17.03.2020
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| CEO Dr. Herbert Diess: “2019 was a very successful year for the Volkswagen Group. We have laid vital groundwork for all relevant changes.” Volkswagen Passenger Cars increases sales revenue and operating profit – ID.31 and Golf 8 DNA models introduced, new brand design expresses the brand’s new attitude Audi achieves more >> |
Daimler postpones Annual Shareholders’ Meeting
14.03.2020
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| Annual Meeting will not take place on April 1 due to Corona pandemic Priority placed on health of shareholders, employees, guests and service providersAfter weighing all aspects, es more >> |
