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April U.S. auto sales seen up 5 pct -JD Power, LMC Automotive

2015-04-24 20:36:18| Auto Dealers - Topix.net

Industry consultants LMC Automotive and J.D. Power on Friday forecast that April U.S. auto sales will rise 5.4 percent from a year ago. LMC also held its forecast for this year's auto sales at 17 million vehicles, up 3 percent from last year.

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Auto sales rise again in Volusia-Flagler

2015-04-24 08:55:15| Auto Dealers - Topix.net

Sales of new and used cars and trucks in the Volusia-Flagler area rose year-over-year in March. A total of 2,856 new vehicles were sold in the two-county area last month, up from 2,750 in March of last year, according to data compiled by Experian.

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Texas Instruments posts higher first-quarter profit and revenue on auto and industrial strength

2015-04-23 10:54:17| Semiconductors - Topix.net

Texas Instruments Inc. posted higher profits and revenue based on strong automotive and industrial markets, but the company expects a tougher current quarter. The chipmaker today reported that its first-quarter net profit jumped 35 percent to $656 million, or 61 cents per share, from $487 million, or 44 cents per share, a year earlier.

Tags: auto posts industrial higher

 

Volkswagen to get financing to buy auto parts

2015-04-23 08:00:52| Auto Parts - Topix.net

Canada's export credit agency said it would lend Volkswagen AG EUR400 million to buy Canadian-made parts for the German company's auto plants in Tennessee and Mexico. Export Development Canada said the financing is intended to benefit small and midsize Canadian companies that specialize in tooling, or making equipment used in the manufacturing process, and domestic auto-parts makers generally.

Tags: buy auto parts financing

 

Changes in Auto Retailing: Three Factors

2015-04-21 21:42:39| AutomotiveDigest.com - Automotive Industry News

Automotive Digest Publisher Chuck Parker on the changing landscape for dealers, automakers and consumers. The Article Changes in Auto Retailing: Three Factors appeared first on Automotive Digest.

Tags: three auto factors retailing

 

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