Author Archives for ralph@argonintuitive.com
Global sales of BMW Group’s core brand rose faster in June than at Audi and Mercedes-Benz as demand from China and the United States helped the premium carmaker to extend a lead over the two rivals in the first six months of the year.
Sales at the brand were up 9 percent last month to 153,075, the group said today, compared with growth of 5 percent to 140,300 and 8 percent to 131,609 at Audi and Mercedes respectively.
Six-month sales at BMW brand rose 8 percent to 804,000 cars, expanding the lead over runner-up Audi to 24,000 from 11,000 after five months. Half-year sales at Audi and Mercedes rose 6 percent each to 780,500 and 694,000 respectively.
“BMW has stronger momentum than Audi and Mercedes, that won’t change in the second half,” said Hanover-based NordLB analyst Frank Schwope. “Design of their cars has improved and they’re [...]
- September 11, 2017
- Automakers, Manufacturing, Production
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Tesla Motors Inc., the world’s best-performing automotive stock this year, will join the Nasdaq-100 Index next week, filling the spot vacated by Oracle Corp., which is moving to the New York Stock Exchange.
The electric-car maker will be added to the gauge, which tracks the biggest companies on the Nasdaq, before the start of trading on July 15, Nasdaq OMX Group Inc. said in a statement Monday. Oracle, which last month said it will join the NYSE, is the biggest company to jump between the competing exchanges.
Shares of Tesla, the carmaker headed by billionaire Elon Musk, have more than tripled this year as the popularity of its new Model S sedan helped the company turn its first quarterly profit. Gaining entry to benchmarks tracked by investors is attractive to public companies because it provides a guaranteed shareholder base.
“It’s a coming of age, recognition [...]
- September 11, 2017
- Automakers, Manufacturing, Production
- Posted by ralph@argonintuitive.com
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The Toyota Camry and the Honda Civic, the top-selling mid-size and compact cars in the U.S., face risks of reduced production as inventories of the models rise, an RBC Capital Markets report said.
Toyota’s Camry exceeded its seasonal historical average inventory by more than 15 days supply in June and Honda carried about 25 days more Civics than usual, Joseph Spak, a New York-based analyst for RBC, said in today’s report. Camry and Civic were the only models identified as at risk for reduced output among 16 of the top-selling vehicles in the U.S. market. General Motors Co., Ford Motor Co. and Chrysler Group LLC all added U.S. market share in the first six months of 2013, the first time that all three gained first-half share in 20 years. Models such as GM’s Chevrolet Cruze compact and Ford’s Fusion mid-size sedan, leading Detroit’s most competitive [...]
Blog
Latest Industry News- September 11, 2017
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Our Team
Customer service is not a department- September 11, 2017
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Services
There are no traffic jams along the extra mile- September 11, 2017
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Pricing Tables
Our products are guaranteed to be priced right- September 11, 2017
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Manual Transmission4 Cylinder Engine60 MPG6 Seats3 Year WarrantyManual Transmission6 Cylinder Engine45 MPG5 Seats4 Year WarrantyAutomatic Transmission8 Cylinder Engine30 MPG4 Seats5 Year Warranty
4 Column Pricing LayoutManual Transmission4 Cylinder Engine60 MPG6 Seats3 Year WarrantyManual Transmission6 Cylinder Engine45 MPG5 Seats4 Year WarrantyAutomatic Transmission8 Cylinder Engine30 MPG4 Seats5 Y [...]
Sidebar Page
This is an example sidebar page layout- September 11, 2017
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- September 10, 2017
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