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Oliver Zipse BMW CEO EBIT margin

BMW reveals higher EBIT margin, betting on premium and electric

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After revealing it had beat 2022 forecasts last Thursday, BMW has announced it is targeting a higher EBIT margin (earnings before interest and taxes)...
sales forecast

Volkswagen reveals strong sales forecast after last year’s success

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Volkswagen announced a strong sales forecast for 2023, anticipating revenue between 307 billion euros ($326 billion) and 331 billion euros ($352 billion). The news comes...

BMW predicts 300% EV growth for the U.S. thanks to better...

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BMW USA now expects this year's EV sales to reach three times the amount it delivered in 2022, citing better model availability. The German automaker's...
Feldman

Exclusive: How dealerships are adapting to a new market in 2023...

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In December of last year, Feldman Automotive Group celebrated the grand opening of their 19th dealership; the first freestanding Jeep dealership in Southeast Michigan. The...
sales volume

How Hyundai is planning to beat last year’s sales volume

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Hyundai and its subsidiary, Kia, now expect to beat last year's sales volume by 670,000 units, achieving a total of 7.52 million. In its statement,...
auto sales

Tumultuous Auto Sales Forecast for Remainder of 2018

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After a seven-year run of consecutive annual auto sales increases in the United States, the final sales figures for 2017 showed a regression of...