Monday, November 29, 2021

Honda Motor

 Honda Motor

Country of Origin: Japan

Unit Sales: 5.36 million

Number of Employees: 208,000

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The Japanese automaker’s global sales forecast has improved through 2019, but they still face a second straight year of declining overall sales. Due in large part to a boom in motorcycle sales, Honda increased its profit forecast by 11.3 percent to $7 billion for the year ending in March 2019.

Even with that upgraded forecast, it still falls short of their record high for sales of $7.42 billion in March 2017. Slowing sales in China are a major contributing factor to the overall decline in sales. Honda is outperforming its Japanese rivals in China but is still being hurt by quality issues with two of its leading models, the Civic and the CR-V SUV.

The Japanese automaker’s global sales forecast has improved through 2019, but they still face a second straight year of declining overall sales. Due in large part to a boom in motorcycle sales, Honda increased its profit forecast by 11.3 percent to $7 billion for the year ending in March 2019.

Even with that upgraded forecast, it still falls short of their record high for sales of $7.42 billion in March 2017. Slowing sales in China are a major contributing factor to the overall decline in sales. Honda is outperforming its Japanese rivals in China but is still being hurt by quality issues with two of its leading models, the Civic and the CR-V SUV.

Fiat-Chrysler

 Fiat-Chrysler

Country of Origin: Italy, USA

Unit Sales: 4.86 million

Number of Employees: 235,201

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After a solid North American sales performance in 2017, Fiat–Chrysler saw its 2018 Q2 profits drop 40 percent over the same period last year. The dip was not due to lagging sales but rather to a one-off €700-million charge to deal with any future settlement stemming from emissions violations in Ram pickups and Jeep Grand Cherokees from 2014–2016. In 2015, Fiat/Chrysler was issued a $105 million penalty by the U.S. National Highway Traffic Safety Administration for failing to complete 23 safety recalls covering more than 11 million vehicles.

The North American division has been easily outperforming its European and Asia-Pacific counterparts. Increased competition in China and pricing pressure in Europe were cited for the lagging sales in those regions. Even still, North American sales boosted total sales to a 3 percent increase in 2017.

After a solid North American sales performance in 2017, Fiat–Chrysler saw its 2018 Q2 profits drop 40 percent over the same period last year. The dip was not due to lagging sales but rather to a one-off €700-million charge to deal with any future settlement stemming from emissions violations in Ram pickups and Jeep Grand Cherokees from 2014–2016. In 2015, Fiat/Chrysler was issued a $105 million penalty by the U.S. National Highway Traffic Safety Administration for failing to complete 23 safety recalls covering more than 11 million vehicles.

The North American division has been easily outperforming its European and Asia-Pacific counterparts. Increased competition in China and pricing pressure in Europe were cited for the lagging sales in those regions. Even still, North American sales boosted total sales to a 3 percent increase in 2017.

PSA Peugeot-Citroën

 PSA Peugeot-Citroën

Country of Origin: France

Unit Sales: 4.16 million

Number of Employees: 170,156

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After some tough years in the middle part of this decade for PSA Peugeot, most notably a €114-million loss in 2014, the company has rebounded as of late. The French automaker reported an overall increase of 15.4 percent in worldwide sales for year-end 2017. Much of this increase is attributed to the excellent performance of SUV sales, which accounted for 23 percent of consolidated sales.

Things continue to look rosy in 2018 as Peugeot reported a 7.8 percent increase in Q2 revenue. Industry experts attribute the increase to the company’s acquisition of Opel-Vauxhall along with an uptick in sales of higher-end Peugeot models.

The company aims to doubles sales in the ASEAN region. They recently announced a deal with Naza Corp in Malaysia to produce vehicles for the Asian market.

After some tough years in the middle part of this decade for PSA Peugeot, most notably a €114-million loss in 2014, the company has rebounded as of late. The French automaker reported an overall increase of 15.4 percent in worldwide sales for year-end 2017. Much of this increase is attributed to the excellent performance of SUV sales, which accounted for 23 percent of consolidated sales.

Things continue to look rosy in 2018 as Peugeot reported a 7.8 percent increase in Q2 revenue. Industry experts attribute the increase to the company’s acquisition of Opel-Vauxhall along with an uptick in sales of higher-end Peugeot models.

The company aims to doubles sales in the ASEAN region. They recently announced a deal with Naza Corp in Malaysia to produce vehicles for the Asian market.

Suzuki

Suzuki

Country of Origin: Japan

Unit Sales: 3.15 million


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Number of Employees: 57,749

Although Suzuki’s global presence has diminished in recent years, its sales are currently driven by its overall strong performance in India, where it is the top automaker alongside Hyundai Motors.

The company, which operates under the name Maruti Suzuki, has recently announced that it aims to sell 2 million cars per year in India by 2020. This estimate may seem optimistic given the 6.6 per cent slide in operating profit the company reported in the second quarter of 2018. The downtown was a result of decreased sales in China, Europe and India, its biggest market.

Although Suzuki’s global presence has diminished in recent years, its sales are currently driven by its overall strong performance in India, where it is the top automaker alongside Hyundai Motors.

The company, which operates under the name Maruti Suzuki, has recently announced that it aims to sell 2 million cars per year in India by 2020. This estimate may seem optimistic given the 6.6 per cent slide in operating profit the company reported in the second quarter of 2018. The downtown was a result of decreased sales in China, Europe and India, its biggest market.

Saturday, November 13, 2021

Dodge Charger

Dodge Charger

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We aren't talking about the muscle car of today, or even the one Richard Petty won races with in the early 1970s: We're talking about the ugly, god-forsaken “luxury” vehicle cursed with the Chrysler Cordoba's body and vinyl landau roof. When the fourth generation of this car was introduced in 1975, it came in at a shocking 18 feet and had shag carpeting. It was the car that would kill the Dodge Charger name until a brief comeback in the '80s and a full overhaul in 2006.

We aren't talking about the muscle car of today, or even the one Richard Petty won races with in the early 1970s: We're talking about the ugly, god-forsaken “luxury” vehicle cursed with the Chrysler Cordoba's body and vinyl landau roof. When the fourth generation of this car was introduced in 1975, it came in at a shocking 18 feet and had shag carpeting. It was the car that would kill the Dodge Charger name until a brief comeback in the '80s and a full overhaul in 2006.

We aren't talking about the muscle car of today, or even the one Richard Petty won races with in the early 1970s: We're talking about the ugly, god-forsaken “luxury” vehicle cursed with the Chrysler Cordoba's body and vinyl landau roof. When the fourth generation of this car was introduced in 1975, it came in at a shocking 18 feet and had shag carpeting. It was the car that would kill the Dodge Charger name until a brief comeback in the '80s and a full overhaul in 2006.

Friday, November 12, 2021

Dodge Custom 880

Dodge Custom 880

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If you want to talk about actual land yachts, let's take a stroll back to 1962 and look at this 17.8-foot monster. Dodge wanted to keep up with General Motors, so it made a version of the already goliath Chrysler Newport with a standard 5.9-liter, 265-horsepower V8 engine and an optional 6.3-liter, 305-horsepower V8. It didn't work, and the 880 was gone by the end of 1965.

If you want to talk about actual land yachts, let's take a stroll back to 1962 and look at this 17.8-foot monster. Dodge wanted to keep up with General Motors, so it made a version of the already goliath Chrysler Newport with a standard 5.9-liter, 265-horsepower V8 engine and an optional 6.3-liter, 305-horsepower V8. It didn't work, and the 880 was gone by the end of 1965.

If you want to talk about actual land yachts, let's take a stroll back to 1962 and look at this 17.8-foot monster. Dodge wanted to keep up with General Motors, so it made a version of the already goliath Chrysler Newport with a standard 5.9-liter, 265-horsepower V8 engine and an optional 6.3-liter, 305-horsepower V8. It didn't work, and the 880 was gone by the end of 1965.

Chevrolet Suburban

Chevrolet Suburban

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To get from the train station to your home in the automobile’s early days, you took a station wagon: a car with a wooden box on the back to hold luggage. To take more passengers and gear far away from the city, you took a "suburban": A station wagon mounted onto a van or truck frame. Chevrolet invented several family cars at once by debuting the Suburban in 1936; but it's rolled into the modern day as an extended, truck-based SUV.

To get from the train station to your home in the automobile’s early days, you took a station wagon: a car with a wooden box on the back to hold luggage. To take more passengers and gear far away from the city, you took a "suburban": A station wagon mounted onto a van or truck frame. Chevrolet invented several family cars at once by debuting the Suburban in 1936; but it's rolled into the modern day as an extended, truck-based SUV.

To get from the train station to your home in the automobile’s early days, you took a station wagon: a car with a wooden box on the back to hold luggage. To take more passengers and gear far away from the city, you took a "suburban": A station wagon mounted onto a van or truck frame. Chevrolet invented several family cars at once by debuting the Suburban in 1936; but it's rolled into the modern day as an extended, truck-based SUV.