Auto Sales Archives — Page 2 of 6

August 19, 2022 No Responses

Geely Delivers 613,845 Vehicles In Six Months

Geely Automobile Holdings, the Hong Kong-listed entity in which Zhejiang Geely Holding Group is the lead shareholder, on Thursday, released its 2022 Half-Year performance, indicating significant progress in the premium market segments. According to the report, Geely Auto recorded sales of 613,845 vehicles in 20...

August 16, 2022 No Responses

Hyundai Ranks Third In Global Vehicle Sales In 2022 First Half

South Korea’s Hyundai Motor Group on Monday said it positioned third in the first half of global vehicle deals on increased top-of-the-line model deals notwithstanding the absence of semiconductor chips. Hyundai Motor, its independent Genesis brand and ...

August 1, 2022 No Responses

Stallion Targets 20% Market Share with MG ZS Crossover

Stallion MG has expressed confidence that its recently launched MG ZS would, in 2022, capture between 15% and 20% share of Nigeria’s-SUV market*. Anurag Shah, General Manager, Stallion MG Automobiles Ltd., Nigeria’s official representative of the Briti...

June 25, 2022 No Responses

MG HS Consolidates Presence In Nigeria

By Moses Ebosele, ebosele@hotmail.com — Displaying an array of safety and modern innovations, MG HS has extended grip in the highly competitive mid-size Sports Utility Vehicle (SUV) segment in Nigeria, courtesy Stallion MG Automobiles Ltd. P...

June 6, 2022 No Responses

Mercedes Recalls One Million Cars Worldwide Over Faulty Brakes

German carmaker, Mercedes-Benz is recalling almost one million vehicles from around the world because of potential problems with their braking system. Over the weekend, the company said it will contact owners of the vehicles as their brakes may be affected...

May 31, 2022 No Responses

Nissan Unveils New Corporate HQ

Nissan India has inaugurated its new corporate headquarters in Gurugram. The facility is situated in Worldmark Gurugram and will be the carmaker’s hub for sales, marketing, aftersales, finance, human resource, and corporate communications. Accordi...

May 12, 2022 No Responses

Toyota Records $22b Full-Year Profit

Toyota Motor Corporation on Wednesday posted a record full-year net profit helped by strong sales and a cheaper yen, but issued cautious forecasts as the pandemic and the war in Ukraine disrupt supply chains.The Japanese auto giant, which kept its cr...

May 10, 2022 No Responses

Toyota To Forecast Higher Profit, Helped By Solid Demand

Toyota Motor Corporation is expected to forecast higher profit for the year ahead when it reports earnings this week, helped by solid demand and a weaker yen, even as commodities costs and supply chain woes put pressure on the global...

April 7, 2022 No Responses

MG, Toyota, Hyundai Top In Sales Satisfaction Index

On a 1,000-point scale, MG India has ranked highest in the J.D. Power 2021 India Sales Satisfaction Index (SSI) Study., MG scored 881, followed by Toyota India (877) and Hyundai India (875). The J.D. Power 2021 India Sales Satisfaction Index (S...

April 6, 2022 No Responses

Q1: Toyota Outsells GM In the US

United States automakers reported a slump in first-quarter domestic sales, as the entire industry was slammed by chip shortages and disruptions to supply chains. Toyota, which in 2021 upstaged GM as the top-selling automaker in the United States, outsold ...

April 1, 2022 No Responses

Toyota Rolls Out 884,528 Vehicles In February

Parts supply disruptions continued to affect Japanese automakers’ global production for February, but the results released by Toyota showed a clear contrast. Toyota said its group, including Daihatsu and Hino Motors, produced 884,528 vehicles globa...

March 26, 2022 No Responses

Hyundai Nigeria Unveils New Elantra, Santa Fe

Hyundai Nigeria Limited on Friday launched new Santa Fe Sports Utility Vehicle (SUV) and Elantra saloon into the nation’s market. The improved Santa Fe is available in 3.5lit (8 speed) and 2.5lit (6 speed) variants while the 7th generation ...

March 13, 2022 No Responses

VW Profits Surge Despite Selling Fewer Cars

Volkswagen said its net profits jumped last year despite selling fewer cars due to the semiconductor shortage as buyers forked out for better-equipped cars.The German automaker’s net profit rose 75% to 15.4 billion euros (USD 16.8 billion) in 2021.The...

March 11, 2022 No Responses

BMW Triples Pre-Tax Earnings, Vehicle Sales With $17.67b

Foremost auto firm, BMW, more than doubled pre-pandemic earnings in 2021 to 16 billion euros ($17.67 billion), the company said on Thursday, as higher prices and strong sales of top-end cars boosted revenue despite supply chain constraints. The premium carmake...