Cars
The spike in South Korean car sales in Europe the past few years has the French worried as at the same time they are seeing their numbers drop amidst the debt crisis that has engulfed the continent.
- Aggressive Financing Helps The Volkswagen Group Outperform Its Rivals In Europe
All is fair in love and war and new car sales are most certainly a battlefield, especially in Europe where almost every domestic carmaker is losing sales and bleeding cash due to the debt crisis that’s been raging on for the last three years....
- Gm Confirms Production Shift Of Next Cruze From South Korea To Europe
The idea had been floating around for quite some time and now, General Motors has officially confirmed plans to move production of its next generation Chevrolet Cruze compact series from South Korea to its troubled European operations in order to help...
- Detroit's Big 3 To Record Us$4 Billion Combined Losses This Year Due To European Car Sales Slump
After the U.S. market meltdown, which resulted in General Motors and Chrysler receiving a bailout, the two automakers along with Ford recovered quickly and are now posting near-record profits. However, it seems that Detroit's Big Three have to face...
- Psa Peugeot-citroen Group To Slash 8,000 Jobs In France As Its European Sales Tumble
French automobile group PSA Peugeot-Citroen has announced a major restructuring plan that will see the company shutting down one factory and axing some 8,000 jobs in its home market as a response to dwindling sales in Europe. For the first time in two...
- Hyundai Defies European Economic Crisis, Records Best Ever First Quarter Sales
Whereas many carmakers are seeing their sales shrink in Europe due to the financial crisis, Hyundai managed to register a record number of new cars between January and March 2012 with 114,571 units. This represents an increase of 12.5 percent over the...
Cars
France Wants the European Union to Monitor South Korean Car Exports
The spike in South Korean car sales in Europe the past few years has the French worried as at the same time they are seeing their numbers drop amidst the debt crisis that has engulfed the continent.
Just last year, sales of Korean cars in the European Union grew 24 percent, even though the overall market contracted. French carmakers, on the other hand, saw their sales drop with PSA Peugeot Citroen announcing plans to slash 8,000 jobs.
Read more »- Aggressive Financing Helps The Volkswagen Group Outperform Its Rivals In Europe
All is fair in love and war and new car sales are most certainly a battlefield, especially in Europe where almost every domestic carmaker is losing sales and bleeding cash due to the debt crisis that’s been raging on for the last three years....
- Gm Confirms Production Shift Of Next Cruze From South Korea To Europe
The idea had been floating around for quite some time and now, General Motors has officially confirmed plans to move production of its next generation Chevrolet Cruze compact series from South Korea to its troubled European operations in order to help...
- Detroit's Big 3 To Record Us$4 Billion Combined Losses This Year Due To European Car Sales Slump
After the U.S. market meltdown, which resulted in General Motors and Chrysler receiving a bailout, the two automakers along with Ford recovered quickly and are now posting near-record profits. However, it seems that Detroit's Big Three have to face...
- Psa Peugeot-citroen Group To Slash 8,000 Jobs In France As Its European Sales Tumble
French automobile group PSA Peugeot-Citroen has announced a major restructuring plan that will see the company shutting down one factory and axing some 8,000 jobs in its home market as a response to dwindling sales in Europe. For the first time in two...
- Hyundai Defies European Economic Crisis, Records Best Ever First Quarter Sales
Whereas many carmakers are seeing their sales shrink in Europe due to the financial crisis, Hyundai managed to register a record number of new cars between January and March 2012 with 114,571 units. This represents an increase of 12.5 percent over the...