by Paula W. Buzard | Apr 23, 2020 | Car and Auto News
Hyundai’s net profit for January-March was 463 billion won ($376 million), far below an average Refinitiv estimate of 607 billion won drawn from 15 analysts. By Reuters | Updated: 5 minutes ago View Photos Hyundai said it expects to face weakening profitability in the second quarter due to the pandemic South Korea’s Hyundai Motor Co […]
by Paula W. Buzard | Apr 17, 2020 | Car and Auto News
Due to uncertainty related to the new coronavirus outbreak which caused operating profit to drop 81% in the first quarter, Volkswagen Group has withdrew its outlook for 2020. By Reuters | Updated: 7 minutes ago View Photos Volkswagen halted production at some sites...
by Paula W. Buzard | Apr 6, 2020 | Car and Auto News
After reporting a 20.6% drop in first quarter sales, BMW has said that it is expecting a further decline in global demand as the coronavirus outbreak takes its toll. By Reuters | Updated: 5 minutes ago View Photos The production halt at BMW’s factories are...
by Paula W. Buzard | Apr 5, 2020 | Car and Auto News
GM, China’s second-biggest foreign automaker, delivered 461,716 vehicles in the first quarter, the company said. The first quarter drop follows a second straight decline in annual sales in 2019. By Reuters | Updated: 13 minutes ago View Photos GM, China’s...
