"Manufacturers across the industry have expressed broadly positive sentiment, so we would expect the remainder of the year not only to return to the pre-pandemic trend but also exceed previous forecasts," Douglas K. Woods, president of AMT.
This total was an increase of 16.1% from February 2021 and a 41.6% increase over March 2020.
Year-to-date total of $1.7 billion, 2020 is down 22.7% when compared with November 2019.
Taking market share from Ford in pickups was key to boosting profitability and funding electric/autonomous vehicle plans.
Nearly $3 billion in South American losses in past four years, coupled with COVID-19 sales declines, leads to strategy change.
26% increase from August marks the best selling month of 2020.
Nearly doubling last year’s numbers pulls automaker into positive territory for the year.
NV commercial series never dented Ford’s, GM’s dominance of market.
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Honda posted double digit growth in September; GM, FCA, VW halve their declines from Q2.
Dividend cuts reflect lower values of both automakers in the midst of the COVID-19 global automotive downturn.
Traton, VW’s commercial truck division offers $3.6 billion for maker of Class 8 trucks, school buses, other commercial vehicles.