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Ford's May Sales Results Set 10-Year High
Tuesday, June 3, 2014 - 9:56am | 272Read More...Shares of Ford (NYSE: F) popped higher after the company announced its strongest May in 10 years. Compared to May of 2013, Ford sold three percent more vehicles (254,084 units). The Lincoln brand led the way as sales jumped 21.1 percent, while Ford brand sales were up 2.5 percent. SUVs also...
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Jeep Leads The Way For Chrysler's Best May In 7 Years
Tuesday, June 3, 2014 - 9:50am | 215Read More...Auto stocks are trending higher Tuesday morning after Chrysler (OTC: FIATY) announced better-than-expected sales results. Chrysler’s sales are up 17 percent year-over-year for the month of May (194,421 units); this is the strongest May the firm has seen since 2007. Chrysler has seen 50...
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Market Wrap For May 1: Markets Mixed To Start The New Month
Thursday, May 1, 2014 - 4:35pm | 2905Read More...U.S. stocks were little moved to start off the month of May as investors and traders are cautious before April's nonfarm payrolls report are released on Friday. The consensus estimate for Friday's figure stands at 215,000 which would trump March's 192,000 number. “This is a really important...
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Ford China Sales Surge 28% In March
Tuesday, April 8, 2014 - 5:43am | 63Read More...Sales at Ford Motor Co (NYSE: F) and its Chinese joint ventures rose 28% y/y to 103,815 vehicles in China in March, versus a 67% y/y gain in February and a 53% surge in January. Ford's sales in the first three months of the year climbed 45% y/y to 271,321 cars. Ford shares gained 0.50% to $16.02...
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Auto Makers Post Mixed February Sales
Monday, March 3, 2014 - 5:33pm | 914Read More...In January, harsh weather climates were being blamed for poor auto sales that hammered the Midwest and Northeast regions several times during the month. The auto makers remained optimistic that declining sales are a temporary phenomenon and remained optimistic that consumers will show up to...
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Chrysler Auto Sales Surge 11% In February
Monday, March 3, 2014 - 10:03am | 36Read More...Chrysler Group LLC reported an 11% rise in its US sales in February. Chrysler's US sales surged to 154,866 units in the month, versus a year-ago sales of 139,015 units. Analysts were expecting sales of 151,053 units for the month.
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Ford Says 2013 One Of Its 'Best Years Ever,' But Challenges Loom In 2014
Tuesday, January 28, 2014 - 1:30pm | 506Read More...Ford (NYSE: F) is roaring into 2014 on a trunkload of good news. The automaker beat analysts' expectations with a very strong fourth-quarter earnings report Tuesday. It also announced 2013 to be one of its “best years ever,” with a pre-tax profit of $8.6 billion for last year – an increase of $...
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General Motors China Vehicle Sales Rise 13.3% In November
Wednesday, December 4, 2013 - 7:26am | 60Read More...Sales at General Motors Co (NYSE: GM) and its Chinese joint ventures surged 13.3% y/y to 294,500 vehicles in China in November. General Motors' vehicle sales had climbed 12.2% y/y in October. During the first eleven months of the year, GM's sales gained 11.4% y/y to 2.89 million vehicles. GM...
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The Ford Mustang at 50: Does the Iconic Car Still Have a Market?
Tuesday, December 3, 2013 - 2:49pm | 716Read More...Here's a bit of startling news, especially if you're a Baby Boomer: the Ford (NYSE: F) Mustang turns 50 next year. Ford is launching a full-court press campaign for its iconic pony car starting on Thursday, when the new, sixth-generation Mustang is unveiled on ABC's (NYSE: DIS) Good Morning...
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Tata Motors Reports Quarterly Jump, Boosted by Jaguar Land Rover Division
Saturday, November 9, 2013 - 12:18pm | 682Read More...Very mixed news has been released lately on Tata Motors (NYSE: TTM). The Mumbai-based company reported a 71 percent jump in net profit to $566 million (35.42 billion rupees) for its fiscal second quarter ending September 30, compared to the same time period a year earlier. Revenue rose 31...
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SAIC China Sales Surge 15.9% In September
Thursday, October 10, 2013 - 5:34am | 41Read More...China's SAIC Motor reported a 15.9% rise in its September auto sales. SAIC's sales for the month surged to 456,675 vehicles. However, the company's sales surged 14.6% in August. SAIC's sales rose 14.75% y/y to 3,792,899 vehicles in the first nine months of this year.
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U.S. June Auto Sales Climb To Highest Since 2007
Wednesday, July 3, 2013 - 12:08pm | 525Read More...Auto sales in the U.S. rose to a 67-month high in June as Americans continued to spend on more fuel efficient cars and also on pickups in a sign that companies are continuing to invest in new truck fleets as the economy tries to find a footing. Sales Accelerate Ford (NYSE: F) sales of cars and...
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Hyundai US Auto Sales Up 2% In May
Tuesday, June 4, 2013 - 6:23am | 44Read More...Hyundai Motor Co (OTC: HYMTF) reported a 2% rise in its US auto sales in May. Hyundai's first-quarter profit declined 15%. The company's sales rose to 68,358 vehicles in the US in May, versus 67,019 vehicles, in the year-ago period.
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Chrysler Group US Sales Rise 11%
Monday, June 3, 2013 - 8:46am | 30Read More...Chrysler Group LLC reported a rise in its US auto sales in May. Chrysler's sales for the month surged 11% to 166,596 cars in May, up from 150,041 cars, in the year-ago month.
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Benzinga Market Primer: Friday, May 17
Friday, May 17, 2013 - 6:36am | 1012Read More...Futures Rise Heading Into the Weekend U.S. equity futures rose slightly in early pre-market trade heading into the weekend after a week marked by small moves in equities in both directions. Stocks look set to test all-time highs again in Friday's session if futures can hold gains into the open....
