Feb. 25 (Bloomberg) — Volkswagen AG, Europe’s biggest automaker, said profit surged sevenfold last year and forecast higher earnings in 2011 on Chinese demand. The shares gained the most in …
View full post on All Stories
Posts Tagged ‘profit’
Volkswagen 2010 Profit Surges Sevenfold on Chinese Demand
February 25th, 2011 
admin 
Posted in Auto News 
Tags: automaker, bloomberg, chinese demand, Earnings, Feb, forecast, post, profit, Surges, View, Volkswagen, volkswagen ag 
Comments OffSell Your Car for Cash Now – Raise Money Fast
February 16th, 2011 admin You can sell your car for cash now. Circumstances can arise that may have made it necessary for you to raise money quickly and selling your vehicle may be the solution. Unexpected expenses, loss of a job, taxes — or you may just have your eye on another vehicle and need to get rid of yours quickly so you have the cash to buy it. Whatever the reason, there are a few things to keep in mind if you want to sell your car for quick cash.
You may be able to sell your car for cash now to a dealer that specializes in used cars. Used car dealers are always on the lookout for good, clean cars that have been well maintained and have profit making potential. If your car fits that profile, you may be able to easily find an interested dealer. The possible downside is that you won’t be able to get as much money for your car as you would if you were to sell it yourself. The dealer is in the business of making money by Selling cars, not buying them. So if he takes your car off your hands, it will be with the intention of buying at a “wholesale” price that he can mark up when he sells it.
Another way to sell your car for cash now is through the online classifieds. It may take longer than finding a dealer who will buy it, but you may come away with several hundred more dollars. Online services that let you list your items for sale have virtually replaced printed publications. Particularly given that many of them are free; you don’t have to pay to post your listing. If you have the time to wait for the right buyer to come along, this is certainly an option.
However you decide to sell your car for cash now, it’s critical that you get your car in shape to sell. In most cases, that can be a simple matter of giving your car a good cleaning inside and out. In fact, doing so has been known to actually add value to your car; it’s really no different than you putting your best foot forward with a shave, haircut and new clothes to prepare for a job interview. It says you are serious about making a sale and could get you the cash you want as fast as you want it.
Posted in Auto Advantages Tags: best foot, clean cars, Job, lookout, Loss, Money, printed publications, profit, reason, selling cars, unexpected expenses, vehicle, wholesale price Comments OffSell Your Car 123 – A Simple Selling Technique
February 16th, 2011 admin If you want to sell your car 123 then you’re interested in doing it the easiest and quickest way possible. Believe it or not, it is quite easy to sell a car yourself. You don’t have to feel inadequate or intimidated by the process, you just have to educate yourself so you understand what steps you need to take to get the deed done. Do that and in no time at all you’ll be counting the money from your sale.
To sell your car 123 begins with number one: Setting a price. You know what you paid when you bought your car, but what could it possibly be worth now? To figure that out, take it to a used car dealer. He makes a living determining what a car is worth and may be willing to give you an appraisal. If your car is in good condition and he thinks he can sell it for profit, he may even make you an offer on the spot. Just keep in mind that any offer he makes takes into account the profit he plans to make. But if you want to skip steps two and three, you just might want to accept the dealer’s offer.
If you think you would rather handle the sale yourself, that takes you to step two of how to sell your car 123. That step is simple: Clean your car. Clean it like you may have never cleaned it before. Get all that stuff the kids have stuffed under the backseat. Wipe off greasy door handles. Don’t just wash it. You need to give it a good wax job too. If you don’t want to spend the time or effort to do it yourself, take it to a car wash and have them do it for you. Either way, a clean car is a car that will sell fast – certainly faster than if you didn’t give it a good cleaning.
Step three to sell your car 123 is to list it for sale. Seems obvious, but the placement of your ad or ads is important. You want the greatest exposure possible; the more people who see that your car is for sale the greater chance there will be for a quick sale. Place ads on online classifieds; most are free and nowadays the place where potential buyers look first. Follow these steps and your sale is as good as done.
Is GM ready to go public again?
February 10th, 2011 admin If all goes according to plan at General Motors, shares of the company’s stock will soon be trading once again on the New York Stock Exchange. The automaker, which declared bankruptcy in 2009 and is today 61 percent owned by the U.S. government, hopes to raise $16 billion in the second-largest IPO in U.S. history. The company is making the move after announcing a $1.3 billion second-quarter profit and a new chief executive. But, with the economy mired in a prolonged slump, critics are wondering whether now is the right time for GM to go public: (Watch a PBS report about the state of GM)
Too soon… More
View full post on All Stories
Posted in Auto News Tags: automaker, economy, history, IPO, New, new york stock, new york stock exchange, pbs report, percent, profit, quarter profit, Today, york stock exchange Comments OffCash for Cars in The Bronx – Getting Serious About the Sale
February 3rd, 2011 admin Getting some serious cash for cars in the Bronx takes some serious planning. Not that it’s difficult, just that success in closing the sale depends on taking seriously the steps you should take that can lead to a quick, hassle-free sale. Having a car that is spic and span, listing it in places that give you the best chance of a sale, having a good idea of the value of your vehicle and being prepared to negotiate with the buyer are all part of the process. Skip just one, and the sale could be lost.
If you want cash for cars in the Bronx you have for sale, get out the soap and wash bucket. Nobody will be impressed with a dirty car. For your old car to be good enough to be someone’s new car, a minor facelift will go a long way to attracting the right kind of attention. The few hours you spend cleaning inside and out could mean several hundreds more in your pocket. It’s common sense — the better your car looks, the more money it can potentially bring.
So how much cash for cars in the Bronx can you expect to get? This is where you need to do a little homework to determine the value of your vehicle. You could find a car dealer who will give you an appraisal. The price he gives you will likely be a wholesale price – which is the price he would be willing to pay outright with the intent of selling car on his lot for a nice profit. But if you sell to a private party, then you’ll make that profit and, depending on the car, that can be anywhere from several hundred to several thousand dollars.
The final step in getting cash for cars in the Bronx is agreeing to a final price with a potential buyer. He or she may attempt to lowball you, thinking you are desperate to make the sale. Don’t buckle, but do be polite and be ready to come back with a counter offer. If you’ve done your homework and priced the car correctly, you’ve left yourself a little room to come down off your asking price. It’s best to have a price range in mind that you’re willing to accept before you start negotiating. The point is that with the right upfront preparation you’ll be counting your profits in no time.
Posted in Auto Advantages Tags: Bronx, car, chance, dirty car, idea, minor facelift, profit, selling car, several thousand dollars, Skip, spic and span, vehicle, wholesale price Comments OffCash For Cars in Manhattan You Drive the Deal
February 1st, 2011 admin The way to get cash for cars in Manhattan is to put yourself in the best position possible to make a sale. Selling a car is not for everyone used car dealers get rich off of peoples aversion to selling a car themselves by taking trade ins at below actual value and then reselling them for a nice profit. There is no reason for that profit to not go into your pocket, however. There are lots of people willing to buy from a private owner when the price is right. All you have to do is let them know that you are ready to make a deal.
To begin the selling process and get cash for cars in Manhattan starts with taking a good hard look at the vehicle you have to sell. What shape is it in A car will have a few scratches, a tiny dent or two and a worn interior if it has been driven. When setting a price for your vehicle, you have to remember that you have put on some miles and the car is no longer new. However, there is nothing to say you cant spiff it up so that it looks as good as possible. A wash, wax and a good vacuuming will do wonders.
Dont expect to get cash for cars in Manhattan until you know what your car is worth. This can sometimes be the trickiest part of selling most people automatically assume that their car is worth a lot and wont budge off the asking price. But if no one is buying at that price, maybe it is time to consider whether or not your valuation is accurate. There are many web sites that guide you in pricing your vehicle while taking into account the amount of mileage and wear and tear. It can be wise to visit these sites first, better to have set a good asking price at the beginning than have to lower it later.
Of course, it may take some negotiation to get cash for cars in Manhattan. Try and come up with a range within a few hundred dollars is good that reflects a good final price for your car that you are comfortable with. Give the buyer the opportunity to get you to come off the price a little and you have shown him that you are willing to deal to give him a fair price. It will help make the deal go faster and leave both parties happy with the outcome.
Posted in Auto Advantages Tags: asking price, aversion, car, deal, Drive, look, position, private owner, profit, selling, selling a car, wash wax, wear and tear Comments OffCHINA: SAIC net up over 100%
January 31st, 2011 admin China’s top automaker, and VW and GM partner, SAIC Motor has said its net profit for 2010 rose more than 100% on strong car sales.
View full post on All Stories
Ford shares drop after 4Q profit
January 28th, 2011 admin Kris Alingod – AHN News Contributor
Dearborn, MI, United States (AHN) – Shares of Ford dropped on Friday after the automaker reported dismal fourth-quarter earnings.
Stocks dropped more than 11 percent upon news that the Dearborn-based company’s profit plunged 79 percent in the last three months.
Ford said net income from October through December was $190 million, or 5 cents a share, down from from $886 million, or 25 cents, a year ago.
Profit was negatively affected by a $960 million charge related to an ongoing effort to reduce its debt. The debt conversion charge during the quarter reduced the company’s debt by $1.9 billion.
Revenue rose $1.6 billion to $32.5 billion. Sales rose by 35 percent in Asia Pacific and Africa but fell in Europe, where the automaker previously decided to reduce its participation in low-margin businesses.
Europe was the only segment to report a profit loss. There, Ford lost $51 million, compared to a profit of $253 million during the fourth quarter a year ago.
Pre-tax profit in Asia Pacific and Africa rose to $23 million, from $16 million last year. In North America, profit was $670 million, $59 million more than a year ago.
For the full 2010 fiscal year, revenue was $120.9 billion, an increase of $17 billion from last year. Net income for the full year was $6.6 billion, a $3.8 billion increase and Ford’s largest profit for more than a decade.
Article © AHN – All Rights Reserved
View full post on Economy, Business And Finance Stories
Posted in Auto News Tags: AHN, Alingod, asia pacific, automaker, debt, economy business, fourth quarter earnings, Kris, October, percent, profit, profit loss, tax profit Comments OffHow to Make Some Extra Cash Selling Used Cars
January 28th, 2011 admin Everyone wants to make a bit of extra cash and it is possible to do this by buying and selling used cars, especially if you can do some of the work on them yourself. What kind of work? You may need to be able to change tyres ‘ and it would be great if you could also do other minor repairs such as replacing broken or worn external parts, or even small engine parts. It is legal to buy and sell just a few vehicles per year, but for any more than that you will need to buy a license. Doing your own work will mean that you can sell at a better price and so be assured of a quick turn-around. Of course, it is possible to buy and sell used cars without doing any work on them. To do this you need to buy those that are not in need of much or any work, so you can simply tidy them up and resell at a small profit. Very often a good wash and polish and some new seat covers will be all that is needed to make the car look more attractive. When you buy used cars to sell, don’t buy from your own area, especially if they are cars for sale on the roadside. Anyone interested in buying a car will have seen it already. When they see the same car for sale in another location they will assume you are reselling it because there is something wrong with it. Be careful with your pricing if you want to make a profit. You have to allow for any other costs such as repair work, registration, insurance and the cost of changing over owners.
Posted in Consumer Confidence Tags: car, cars for sale, engine, engine parts, Extra, extra cash, look, need, profit, seat covers, selling used cars, work, work registration Comments OffWhere to Find Cheap Used Cars in This Economy
January 16th, 2011 In this economy, it’s hard to find cheap used cars that aren’t decades old or rebuilt wrecks. There are only a few places left that you can actually go to find cheap used cars that are actually of any sort of quality and are really dirt cheap. One such place is the government seized auto auction. These auctions are held by government agencies and police departments that are selling off vehicles that have been confiscated or impounded by the authorities. Why are they so cheap?
These agencies aren’t looking to make a huge profit, they are just making money for the state and any money they make is profit, since they never actually purchase the cars! This is how they can afford to sell preowned cars, trucks and SUVs for so cheap. The cars get taken away from drug dealers and people who owe the state money for unpaid citations, etc. and then they are sold to the public as extremely cheap used cars — at government auctions. Where can you find these auctions?
The best place to find the government seized car auctions is online, on the internet. You are unlikely to find one happening in your town at the moment that you want to purchase a car, however, when you browse online you have access to cheap used cars all over the country! Also, if you wanted to access an auction locally it would cost you hundreds of dollars… whereas online you can gain access for something like thirty bucks! Not bad, huh?
It’s very hard to get to and from work and/or school without having your own car. With the ability to get one for 95% off retail value or as low as a hundred dollars, one can have an advantage over anyone else in the same boat. That is why this information can solve your problem! Simply search the internet and you will find that finding a cheap used car from a government seized auction is the best way to go and you will not find a more affordable car from anywhere else. If you follow that advice, you will be driving your new car before you know it!
CLICK HERE To Find Cheap Used Cars Now — Buy Directly From The Government Auctions – Get Cars Up To 95% OFF Retail Value! Go To: http://www.DiscountedUsedCars.info.
Author: Hadi Setiadi
Article Source: EzineArticles.com
Digital Camera News
Posted in Auto Advantages Tags: auction, auto auction, car, cheap used cars, economy, government auctions, government seized auction, government seized car auctions, preowned cars, profit, sort, State, SUVs Comments Off
