Author: Automotive News Feed
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GM Q4 net income rises 2% to $913 million
GM said its fourth-quarter earnings rose 2 percent to $913 million, helped by strong pricing in North America. It also more than halved its loss in Europe.
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Audi’s January sales up 12% on China, Germany demand
Audi’s global vehicle sales rose 12 percent in January, driven by strong deliveries in Germany and China and robust demand for its compact vehicles.
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C4 Cactus showcases Citroen’s new positioning
PSA has introduced a new compact model as part of a move by the Citroen brand to serve customers seeking cheaper vehicles than its current lineup. The C4 Cactus is also key to PSA’s strategy to better differentiate the Peugeot and Citroen brands.
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Fiat 500 helps automaker maintain minicar lead
The Fiat 500 is the first near-premium model to top Europe’s key minicar segment. Its rise ended the Fiat Panda’s nine-year run as the top-seller in Europe’s second-largest segment.
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First Shift: GM posts $913M profit
Automaker makes money for 16th-straight quarter, N.A. shines; Daimler up in Q4; Ford Australia cuts; Tesla’s bet paying off?
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Renault names former PSA exec Wertans as global sales boss
Renault named Nicolas Wertans, PSA’s former international sales chief, as its new global sales boss.