INGOLSTADT, Germany (Reuters) - German luxury carmaker Audi could reach its goal of 2 million sales a year before its 2020 target, helped by revamped models and new sport-utility vehicles, its chief executive told Reuters.
Jan 29 (Reuters) - Harman International Industries Inc , maker of JBL and Harman Kardon audio systems, reported a better-than-expected profit and revenue as increasing auto sales led to strong demand...
Jan 29 (Reuters) - Harman International Industries Inc , maker of JBL and Harman Kardon audio systems, reported an 18.8 percent rise in quarterly revenue as increasing auto sales led to strong demand for the company's car infotainment products.
Plunging commodity prices may well be a harbinger of global economic weakness, but the recent strength in job growth, auto sales , and housing (Figures 7, 8 and 9) suggest that a U.S. recession is not imminent. Given the Fed’s willingness to take
continue to believe that the company benefits from a tighter emission regulation tailwind on the backdrop of normalizing global auto sales . As such, we are maintaining our GBX 3,200 fair value estimate and reiterate our narrow moat rating. Emission control
2014 because of near-perfect alignment of the stars. We also mused that the best might just be behind the United States as auto sales growth slowed along with exports and any products related to oil production. The PMI data is painting a similar picture as
change dramatically, given the extreme sensitivity of our discounted cash flow model to key inputs such as North American light - vehicle sales , midcycle margin, and the weighted average cost of capital. Our fair value uncertainty is high to account for the wide
benefited from the high age of the fleet, new models, and attractive financing packages. I don't think I would quite pop some auto sales bubbly just yet, but it seems like growth is likely to drop back in 2015. Restaurant sales have benefited from better employment
* Registrations in EU and EFTA up 5.4 pct (Recasts, adds analyst comment)
MOSCOW, Jan 15 (Reuters) - Forecasts for a more than 24 percent drop in car sales in Russia this year are "optimistic", automakers said on Thursday, suggesting the rouble slump could mean further price rises or the end of foreign imports.