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FCA and PSA’s Merger (Part 2): Expanding CASE-related investment
pliance plan: FCA and PSA to offer electrified versions for all new vehicles in 2021 and beyond Expanding partnership and businesses for autonomous driving, connectivity and mobility services Europe: Combined company will have a top market share North America: securing presence in key high margin segments Latin America: Strengthening FCA and PSA’s presence in Brazil and Argentina Sales Forecast by LMC Automotive: PSA's sales to increase to 3.76...
Market & Tech Reports Updated at: 2020/02/25
GM: Halting production at 5 plants in N. America, cutting 14,000 workers
d increasing sales volumes are contributing to support GM's earnings. For the Chevrolet and GMC brands, from 2018 to 2020, GM will update its profitable models of full-size and heavy-duty pickup trucks (Chevrolet Silverado, GMC Sierra) and full-size SUVs (Suburban, Tahoe, Yukon). In the crossover segment, GM will launch redesigned models of the Traverse and Equinox as well as a new model Blazer positioned between the Equinox and Traverse. In the ...
Market & Tech Reports Updated at: 2019/01/09
GM to concentrate resources on growth opportunities in North America and China
ed strong sales, especially in China, where brand deliveries rose from 40,000 units (H1 2016) to 80,000 units (H1 2017). GM's unit sales by region (1,000 units) Region 2012 2013 2014 2015 2016 Jan.-Jun.2016 Jan.-Jun.2017 North America (GMNA) 3,019 3,234 3,413 3,612 3,630 1,709 1,695 Europe (GME) 1,611 1,557 1,256 1,176 1,207 619 599 South America (GMSA) 1,051 1,037 878 645 584 269 308 China & other regions (GMIO) 3,616 3,886 4,378 4,5...
Market & Tech Reports Updated at: 2017/10/13
LMCA Client Alert: Analysis of the proposed acquisition of Opel by PSA
order to achieve what would be defined as a success, namely, improving the financial performance and long-term viability of the enlarged group. The biggest challenges for PSA-Opel will be in the execution of manufacturing changes alongside management of three brands mainly operating in the same segments in the same market. Execution risks in these areas are significant so, while the strategic logic of the acquisition appears sound, proof of suc...
Market & Tech Reports Updated at: 2017/02/24
GM: Strategies for the future of mobility
7 million units. North American sales increased by 1.1% while sales in Europe climbed by 6.5%, outperforming industry growth. At the same time, sales in South America fell by 26.1%. Sales in other regions decreased by 0.5%,while China saw growth of 0.2%, driven by boosted sales of SUVs and luxury segment Cadillac vehicles. GM’s unit sales by region (1,000 units) Region 2011 2012 2013 2014 2015 Jan.-Mar.2015 Jan.-Mar.2016 North ...
Market & Tech Reports Updated at: 2016/07/04
Detroit Three 2014 Business Performance Report: OEMs have decreased earnings
the U.S. in 2014 more than doubled the past record of 30.8 million vehicles in 2004 to 63.95 million vehicles. Sales for light trucks, especially full-size pickup trucks and compact and mid-size sport utility vehicles (SUVs), were brisk. According to General Motors Company (GM), the compact SUV segment in the U.S. grew by 17.4% y/y in 2014. As a result, it surpassed the mid-size sedan segment and became the largest segment in the U.S. for the f...
Market & Tech Reports Updated at: 2015/03/13
GM: 2014 strategic plan announced in midst of managing recalls
sults on the ignition switch recall, which was prepared by Attorney Anton Valukas from Jenner & Block (an outside law firm), per GM's request. According to the the Valukas Report, it was not a systematic cover-up, but it resulted from the confluence of management's lack of ability and mistake in judgment. * Based on the results of the internal investigation, CEO Barra dismissed 15 employees and took disciplinary actions against five employees. * ...
Market & Tech Reports Updated at: 2014/11/12
Detroit Three 2013 Business Performance Report
line-up is freshened Plus Minus * Cadillac CTS won U.S. Car of the Year * Corvette Stingray won North American Car of the Year * Chevrolet Silverado won North American Car of the Year * Chevrolet Impala was very highly evaluated by Consumer Report (Cannot threaten the leaders in the important segments, so that GM failed to increase market share) * Silverado/Sierra could not narrow the difference to F Series (The difference widened from 70,000...
Market & Tech Reports Updated at: 2014/03/07
Detroit Three's results for first half of 2012
is due almost entirely to the appreciation of the dollar against other major currencies. GM's consolidated EBIT-adjusted declined from USD5 billion to USD4.3 billion. Among GM's divisions, GM North America (GMNA), GM International Operations (GMIO), and GM Financial performed well, but GM Europe (GME) ran a deficit of USD617 million and GM's business in South America's profit fell by 56.5% to USD64 million (It ran a deficit of USD19 million in ...
Market & Tech Reports Updated at: 2012/08/23
GM: posts record net income of $7.6 billion in 2011
072 million to 3.302 million. GM's Vehicle Sales (units in thousands) 2007 2008 2009 2010 2011 Old GM Old GM Old GM + New GM New GM GMNA (North America) United States Canada, Mexico and other 3,867 649 2,981 583 2,084 400 2,215 410 2,504 420 Total 4,516 3,564 2,484 2,625 2,924 GME (Europe) 2,182 2,041 1,668 1,663 1,735 GMIO (International operations) Total 2,672 2,751 2,453 3,072 3,302 thereof: China 1,824 2,348 2,573 ...
Market & Tech Reports Updated at: 2012/03/30
GM Europe: fails to break even in 2011, targeting one-billion Euro profit in 2016
ier. Opel/Vauxhall says that it would introduce 30 new models and models that will be face lifted by 2014 and will secure a profit of 1 billion Euros, profit margin on sales of 5%, and a marketshare of 8.5% (6.2% in 2010) in Europe in 2016. Concerning the Chevrolet brand, GM aims to boost the segment-coverage ratio in Europe and to almost double the sales volume in Europe to 1 million in 2016. The company plans to boost the marketshare in Eur...
Market & Tech Reports Updated at: 2012/01/31
GM: 2010 the first profitable year since 2004 (with net income of $4.7 billion)
ll cars under all four brands Global sales of 8.39 million vehicles in 2010 with emerging markets accounting for about 50% GM ended its first calendar year 2010 as New Company after bankruptcy proceedings with first net income in black ($4.7 billion) in six years after 2004. Among GM's business segments, GM North America (GMNA), the division with the largest deficit since 2005, turned into the most profitable one (EBIT of $5.7 billion). GM anno...
Market & Tech Reports Updated at: 2011/03/25