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BMW Motorrad achieves its second-best sales result in history in 2020.
20.01.2021
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| Despite the Corona pandemic-related challenges in 2020, BMW Motorrad was able to hand over 169,272 motorbikes and scooters to customers, thus achieving the second-best sales result ever (previous year: 175,162 vehicles/ -3.4%). This sales result underpins the successful growth strategy of BMW Motorrad. more >> |
New member of the Board of Management for Development at Volkswagen Passenger Cars
19.01.2021
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| Thomas Ulbrich to become member of the Board of Management with responsibility for the Development division of Volkswagen Passenger Cars Dr. Frank Welsch is taking over as Head of the new Group Quality Management and Strategy division in the Volkswagen Group Tasks of the board-level management function for electric mobility will be re-assi more >> |
BMW M GmbH still on its path of sustained growth in 2020
18.01.2021
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| - 144,218 vehicles delivered worldwide.New sales record secures BMW M GmbH’s market leadership in the performance and high-performance automobile segment.With yet another new sales record, the BMW M Gm more >> |
The new name and governance of Stellantis take effect
17.01.2021
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| Stellantis N.V. (NYSE / MTA / Euronext Paris: STLA) (“Stellantis”) announced today that, following completion of the merger of Peugeot S.A. (“Groupe PSA”) and Fiat Chrysler Automobiles N.V. (“FCA”) on January 16, 2021, today the combined company was renamed Stellantis, the Board of Directors of Stellantis was appointed, and Stellantis’s Articles of Asso more >> |
Toyota Motor Europe significantly outperforms the market in 2020
17.01.2021
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| ... gaining 0.7 percentage points to achieve a record 6.0% share TME’s vehicle sales of 993,113 (Jan-Dec 2020), down -9%, showed great resilience in a market down by -20% year-on-year The Toyota brand climbs to 3rd spot for best-selling passenger car brands in Europe S more >> |
The merger of FCA and Groupe PSA has been completed
16.01.2021
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The merger between Peugeot S.A. (“Groupe PSA”) and Fiat Chrysler Automobiles N.V. (“FCA”) (NYSE: FCAU / MTA: FCA) that will lead the path to the creation of Stellantis N.V. (“Stellantis”), became effective today. As pr more >> |
Domestic Sales and Exports of South Africa Ford Ranger Remain Resilient
15.01.2021
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| • The Ford Ranger once again entrenched its status as one of South Africa’s top-selling models in domestic vehicles sales during 2020• Addition of the upmarket Ranger Thunder garnered significant inte more >> |
PSA: Worldwide sales at 2.5 Million units, in a year impacted by the health crisis
15.01.2021
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| • 17 electrified models on sale• Three awards from automotive experts: Car of the Year, Autobest and IVOTY • Leadership in CO2 emissions and compliant from day one with 2020 European targets• Increase of Group’s market shares more >> |
FLA: Consumer car finance new business volumes fell by 24% in November 2020
14.01.2021
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| New figures released today by the Finance & Leasing Association (FLA) show that the consumer car finance market reported a fall in new business volumes of 24% in November 2020 compared with the same month in 2019. In the eleven months to November 2020, new business volumes in this market were 20% lower than in the same period in 2019.The consumer new car more >> |
Ducati ends 2020 in strong recovery, crowned by the MotoGP Constructors' World Title
13.01.2021
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| • Best-ever six-month period allows Ducati to end the year with 48,042 bikes sold in over 90 countries• China, Germany and Switzerland confirm their growth trend, improving results compared to 2019• Ducati Scrambler is the best-selling family in 2020 with 9,265 units delivered more >> |
SKODA AUTO delivers over one million vehicles worldwide in 2020 despite COVID-19 pandemic
13.01.2021
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| › ŠKODA AUTO surpassed the mark of 1,000,000 vehicles delivered worldwide despite 39-day shutdown of Czech production sites and temporary collapse of sales channels in second quarter› Car manufacturer increases market share in Europe to 5.4% and confirms successful course in Russia (+6.8%)› Delivery result proves effectiveness of more >> |
Groupe Renault worldwide sales results 2020
13.01.2021
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| Groupe Renault achieves its CAFE1 objectives, the Renault brand is the electrical leader in Europe
In a context of the Covid-19 pandemic, the 2020 Groupe Renault worldwide sales totalled 2,949,849 vehicles, down 21.3% i more >> |
Electrification will boost SEAT S.A. sales in 2021 after a year marked by COVID−19
13.01.2021
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| The company’s sales fell by 25.6% in 2020, as a result of the strong impact of the pandemic on the automotive sector
CUPRA sells more than 27,000 cars and grows by 11% &nb more >> |
Automobili Lamborghini closes 2020 with 7,430 cars delivered and six new product launches
12.01.2021
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| 7,430 Lamborghinis delivered worldwide in 2020 Despite the ongoing pandemic, an all-time six-month sales record was set in the second half of the year Solid portfolio of orders coveri more >> |
BMW Group concludes year marked by corona pandemic with strong fourth quarter and leads premium segment worldwide
12.01.2021
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| ...for 17th consecutive yearBMW Group sells 2,324,809 units in 2020 (-8.4%) - BMW Q4 sales up 4.3% from previous year (600,799 vehicles) - Sales of electrified vehicles increase by a third (+31.8%) - As promised: BMW Group meets EU CO more >> |
Porsche achieves robust level of deliveries in 2020, optimistic outlook
12.01.2021
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| Sound performance, optimistic outlook
Porsche delivered a total of 272,162 new vehicles worldwide last year, just three percent below a record 2019. In this respect, the sports car manufacturer benefits from its strong global positioning. “The corona c more >> |
Tesla stock skyrocketed by over 740% in 2020, sold vearly 500K cars
12.01.2021
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| Tesla has achieved meteoric growth in market value and stock price in 2020. Over the 12-month period, its market cap increased by over $500 billion year-to-date (YTD).
As a result, it rose higher than the cumulative market cap more >> |
Can Bitcoin Become the Next Global Reserve Currency?
10.01.2021
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| One of the most interesting trends surfacing in the crypto industry today is the increasing likelihood of Bitcoin emerging as the next global reserve currency – something that Bitcoin fundamentalists have been preaching for the last decade.
more >> |
Kia Motors America announces organizational change
08.01.2021
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| Bill Peffer Steps Down as Chief Operating Officer and Executive Vice PresidentKia Motors America’s (KMA) chief operating officer and executive vice president, Bill Peffer, resigned yesterday in conjunction with his pursuit of a new opportunity in the automo more >> |
Trucks & Electrified Vehicles Propel American Honda to Strong 2020 Finish
05.01.2021
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American Honda Q4 Total 366,068 -8.9%Cars 138,925 -13.4%Trucks 227,143 -5.9% ACURA Q4Total 41,329 -7.3%Cars 11,069 -8.3% more >> |
Merger of FCA and Groupe PSA approved by shareholders
04.01.2021
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| FCA and Groupe PSA expect to complete the combination on January 16, 2021Fiat Chrysler Automobiles N.V. (“FCA”) (NYSE: FCAU / MTA: FCA) and Peugeot S.A. (“Groupe PSA”) announce that their respective shareholders’ meetings, held today, approv more >> |
Kia Motors announces 2020 global sales and 2021 goals
04.01.2021
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| Kia’s global sales total 2.61 milllion units in 2020, down 5.9% y/y : Korea sales increased 6.2%; sales overseas dropped 8.7% December sales recorded at 218,256 units, a 3.8% decrease y/y : Korea sales decli more >> |
Bernhard Van Bellingen - new Brand Manager at Bugatti Brussels
01.01.2021
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As of this 1 January 2021, Bernard Van Bellingen takes over the reins of Bugatti Brussels. As Brand Manager, he will occupy an 360° function that includes sales, after-sales, public relations and the marketing. In addition to his new duties a more >> |
EU and China comprehensive agreement on investment
31.12.2020
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| China is one of the largest and fastest growing economies in the world, with a domestic market of 1.4 billion consumers.Increasing EU business relations with China will help boost EU economic growth.T more >> |
SMMT calls for immediate ratification and implementation of draft UK-EU Trade and Cooperation Agreement
30.12.2020
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| Draft UK-EU agreement avoids ‘no deal’ disaster for UK automotive industry. Sector welcomes supportive Rules of Origin with phase-in periods and commitment to reduce customs burdens, and calls for immediate ratification. With just hours from ratification to implementation, government s more >> |
SMMT comment on the signing of a UK-Turkey trade deal
29.12.2020
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Mike Hawes, SMMT Chief Executive: “We welcome today’s agreement between Turkey and the UK to extend preferential trading terms beyond 31 December. We now await the full text of the deal to assess the impa more >> |
Global Passenger Car Sales to Plunge by $440B in 2020, Entire Market to Drop by 10% in 2021
29.12.2020
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| The COVID-19 pandemic hit the automotive industry hard, causing supply chain disruptions, factory closures, and huge sales and revenue drops. According to data presented by StockApps.com, global passenger car sales is expected to plunge by $440bn in 2020 due t more >> |
A transportation, infrastructure and climate priority
28.12.2020
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| President-elect Joe Biden has pledged to build more clean transportation, more renewable energy and more resilient electricity infrastructure — part of a sweeping $2 trillion plan to “Build Back Better.”These are the right proposals for America, at the rig more >> |
Appointment of Louis-Marie Chevalier, Director of PSA Retail France
28.12.2020
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| From January 1, 2021, Louis-Marie Chevalier is appointed Director of PSA Retail France. He will report to Anne Abboud, Senior Vice President of PSA Retail. He succeeded Eric Basset who leaves the group for personal reason.A graduate of the ESCP and the IEP of Aix-e more >> |
MITSUBISHI MOTORS Announces Production, Sales and Export Figures for November 2020
27.12.2020
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| November 2020 Fiscal Year 2020 (20/04-20/11) Calendar Year 2020 (20/01-20/11) Volume(unit) YoY(%) Volume(unit) YoY(%) Volume more >> |
British engine production falls -8.2% in November
24.12.2020
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| UK ENGINE MANUFACTURING 189,883 UK engines built in November as output declines by -8.2%. Production for domestic and overseas markets falls -7.8% and -8.4% respectively. Engine output has declined in every month of 2020, with year-to-date output down -28.2%. more >> |
UK car manufacturing declines -1.4% in November as sector urges Brexit negotiators to ‘seal the deal’
24.12.2020
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| UK CAR MANUFACTURING (data for November) UK car manufacturing falls -1.4% in November with 106,243 vehicles leaving production lines. Output for domestic market declines -10.4% with exports flat, up just 0.3% to 90,597 units. Year-to-date production now down -31.0% with 380,809 fe more >> |
UK commercial vehicle manufacturing down -1.9% in November as sector calls for swift resolution to UK-EU trade talks
24.12.2020
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| UK COMMERCIAL VEHICLE MANUFACTURING UK commercial vehicle production dips -1.9% in November with 8,605 units built. Overall decrease driven by -8.8% exports decline, while production for UK rises 10.1% as sector works to meet ecommerce-driven demand. Almost 60,000 commercial vehicles made sin more >> |
EU Commission approves the merger of Fiat Chrysler Automobiles N.V. and Peugeot S.A., subject to conditions
21.12.2020
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| The European Commission has approved, under the EU Merger Regulation, the proposed merger between the automotive companies Fiat Chrysler Automobiles N.V. (‘FCA') and Peugeot S.A. (‘PSA'). The approval is conditional on full compliance with a commitments package offered by the companies. more >> |
Hagerty Investigates The Highs And Lows Of Classic Car Auctions In 2020 -full report here
21.12.2020
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| 2020 marked the year when auction houses needed digital to survive Despite widespread issues from government social restrictions, some physical auctions returned strong sales results Star sale of the year was Gooding & Company’s Passion of a Lifetime event at Hampton Court Palace&n more >> |
Kia Motors America announces executive management team appointments
18.12.2020
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| Promotions Support Kia’s U.S. Growth and Brand Enhancement Strategy Bill Peffer promoted to chief operating officer and executive vice president Russell Wager promoted to vice president of marketing more >> |
Porsche’s Marketing Communications realigns its global agency model
18.12.2020
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| Increased brand focus and greater bundling
As part of a pitch process lasting several months, the Marketing Communications department of Porsche AG has realigned its cooperation with the existing agencies. The focus of the previous “Creative Alli more >> |
The Special Meeting and the Extraordinary General Meeting of Peugeot S.A. will be held on January 4, 2021 behind closed doors
14.12.2020
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| In the light of the Covid-19 epidemic and pursuant to the provisions of regulation n°2020-1497 of December 2, 2020 (which extends and amends regulation n°2020-321 of March 25, 2020), the Managing Board of Peugeot S.A. has decided that the Extraordinary General Meeting and the Special Meeting of shareholders holding double voting rights of January 4, 2020 will be held at the head o more >> |
Tesla’s Free Cash Flow Up 276% in Q3 2020 Compared to Q3 2019 - $1.395B
09.12.2020
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| Despite the uncertainty caused by COVID-19 Tesla posted impressive numbers regarding their free cash flow for 2020. According to data presented by Stock Apps, Tesla’s Free Cash Flow increased by 276% compared to the same period in 2019. Tesla’s Q3 free cash flow also experienced an almost $1 billion increase from Q2 2020.Free Cash Flow up by 276%, Cap more >> |
