German car maker BMW's July sales fall 13 percent on the yearAugust 7th, 2009 BMW: July sales down 13 pctFRANKFURT — Germany's BMW AG said Friday that its car sales were down 13 percent on the year in July as the global economic downturn curbed demand for its high-end vehicles. The BMW group, which includes the BMW, Mini and Rolls Royce brands, delivered 110,000 cars worldwide last month, the company said.
Germany's BMW and Daimler see July car deliveries fall more than 10 percentAugust 7th, 2009 BMW, Daimler see July deliveries declineFRANKFURT — Germany's Daimler AG and BMW AG said Friday that their worldwide car sales fell by more than 10 percent in July as the global economic downturn curbed demand for luxury autos. The BMW group, which includes the Mini and Rolls Royce brands too, reported a 13 percent year-on-year drop in cars delivered to 110,000 from 126,000 in July 2008.
BMW July sales drop 27 percent, boost from cash for clunkers limitedAugust 3rd, 2009 July Auto Sales: BMWWOODCLIFF LAKE, N.J. — BMW Group, which includes both the BMW and Mini brands, on Monday reported a double-digit sale decline for July, saying that it didn't get as much of a boost from the government's cash for clunkers program as other automakers.
Hyundai Motor says 2nd-quarter net profit rises 48 percent on China, India salesJuly 23rd, 2009 Hyundai Motor 2Q net profit rises 48 percentSEOUL, South Korea — Hyundai Motor Co. said second-quarter net profit rose 48 percent to a record high as robust sales in China and India helped it ride out the global auto slump.
Precision Castparts posts 13 percent drop in fiscal 1st-quarter profit as sales tumbleJuly 21st, 2009 Precision Castparts 1Q profit drops 13 percentPORTLAND, Ore. — Precision Castparts Corp., which makes metal components and products, said Tuesday its fiscal first-quarter profit fell 13 percent as sales tumbled on a volatile aerospace market and soft overall demand.
Germany's Mercedes Benz Cars sees June sales levels decline 7 percentJuly 7th, 2009 Mercedes Benz Cars June sales decline 7 percentFRANKFURT — Carmaker Daimler AG's Mercedes-Benz Cars division saw 7 percent lower sales in June as the world recession continued to affect demand, the German company said Tuesday. The Stuttgart-based company said the Mercedes-Benz Cars group sold 111,300 passenger cars in June, compared with 119,300 in June a year ago.
Germany's BMW, Daimler see month-on-month sales improve, cautiously optimisticJuly 7th, 2009 German luxury car makers see sales dips narrowFRANKFURT — German luxury carmakers BMW and Daimler said their June sales slipped lower from a year ago, but the overall decline slowed. Both companies said they were cautiously optimistic that market may start to improve sooner than later.
General Motors says China sales up 38 percent to record 814,442 in 1H on strong minivan salesJuly 1st, 2009 General Motors says China sales up 38 percentSHANGHAI — General Motors Corp. said Wednesday that sales in China jumped 38 percent in the first half of this year, helped by strong demand for its minivans and other small vehicles.
Daimler US posts June sales decline of 26.5 percent for Mercedes-Benz and micro-carsJuly 1st, 2009 Daimler US sales decline 26.5 percent in JuneNEW YORK — Daimler AG said Wednesday that combined U.S. sales for its Mercedes-Benz and smart micro-cars fell nearly 26.5 percent in June compared with the same month a year earlier.
Mini's US sales since its introduction in 2002June 26th, 2009 Mini's US sales since its introduction in 2002Mini, the automaker owned by Germany's BMW AG, has posted an increase in sales all but one year since its cars were first introduced in the U.S. in 2002. Source: Mini USA.
German carmakers BMW, Audi say May sales are down, but the news isn't all badJune 8th, 2009 BMW, Audi say May car sales fell, but less sharplyFRANKFURT — German carmakers BMW AG and Audi AG both said Monday that sales fell in May compared to a year earlier, but noted that the slump in the auto market was not as bad as in previous months. Audi reported a 6 percent drop in May, to 82,800 vehicles, while BMW said its sales fell 18 percent to 109,042 vehicles.
German carmakers BMW, Audi and Daimler say May sales are down, but the news isn't all badJune 8th, 2009 BMW, Audi, Daimler: car sales down but not all badFRANKFURT — Three of Germany's leading carmakers, BMW AG, Audi AG and Daimler AG said Monday that sales fell in May compared to a year earlier, but noted that the slump in the auto market was not as bad as in previous months. The three said demand had rebounded in some countries, suggesting sales could continue to improve in the year ahead.
Michelin Q1 sales down 14.2 percent to euro3.5B as tire demand drops across globeApril 28th, 2009 Michelin Q1 sales fall 14.2 percent to euro3.5BPARIS — Michelin SCA said Tuesday its sales fell 14.2 percent to euro3.5 billion ($4.5 billion) in the first quarter as demand for tires slumped in all the French tire maker's markets other than China. Clermont-Ferrand, France-based Michelin, which vies with Japan's Bridgstone Corp.
Audi India sells 113 vehicles in FebruaryMarch 5th, 2009 NEW DELHI - Despite the auto industry facing the brunt of a slowing economy, the high-end segment seems to have weathered the storm with luxury carmaker Audi reporting a considerable increase in their monthly sales for the second consecutive month. The German car manufacturer, posted a year-on-year increase of about 95 percent selling, 113 vehicles in February against 58 cars in the corresponding month last year.
Skoda sales up nearly 32 percent in IndiaJanuary 13th, 2009 NEW DELHI - Czech carmaker Skoda's sales in India went up by 31.9 percent in 2008, the company said in a statement Wednesday. Skoda's global sales went up 7.1 percent to 674,530 units, out of which 16,051 were sold in India and 59,284 in China.