Cars
All mainstream European carmakers are, to a higher or lower degree, facing problems due to the debt crisis that’s storming 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....
- Ailing Seat Is Holding Vw Group Back, Expansion To The East May Prove Its Salvation
In sharp contrast to almost every other mainstream European manufacturer, the VW Group is reporting record sales and profits. Whereas main rivals PSA Peugeot Citroen and its new partner Opel, along with Fiat and Renault all face the consequences of the...
- 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...
- Volkswagen Wants Fiat-chrysler Ceo Sergio Marchionne To Quit As Head Of Acea
The rising political and economic tensions between Germany and most Northern European countries have now spilled over to the automotive sector as the Volkswagen Group threatened to quit the ACEA due to comments made by the head of the European automakers...
- Maserati Suv May Get Hemi V8, Not Ferrari V8 After All
Environmentalists may hate them, but SUVs have proved quite popular –that’s why even carmakers with no former experience are jumping in on the bandwagon, especially in the executive (and most profitable) market. The latest automaker to...
Cars
Once More: Marchionne Wants to Merge with Peugeot and Opel, Outgun VW in Europe
All mainstream European carmakers are, to a higher or lower degree, facing problems due to the debt crisis that’s storming the continent.
Ford has started closing down plants, Opel and Peugeot are burning cash each day for the past eight months while they try to figure out how to work on their partnership and, as for Fiat… well, thank God that Chrysler is profitable.
The sole survivor in this mess seems to be the VW Group that’s still very profitable, much to the annoyance of its rivals and especially Marchionne who accused Wolfsburg of not playing by the book. However, even the mighty VW has been forced to trim its estimates, as the crisis begins to knock on Germany’s door.
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....
- Ailing Seat Is Holding Vw Group Back, Expansion To The East May Prove Its Salvation
In sharp contrast to almost every other mainstream European manufacturer, the VW Group is reporting record sales and profits. Whereas main rivals PSA Peugeot Citroen and its new partner Opel, along with Fiat and Renault all face the consequences of the...
- 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...
- Volkswagen Wants Fiat-chrysler Ceo Sergio Marchionne To Quit As Head Of Acea
The rising political and economic tensions between Germany and most Northern European countries have now spilled over to the automotive sector as the Volkswagen Group threatened to quit the ACEA due to comments made by the head of the European automakers...
- Maserati Suv May Get Hemi V8, Not Ferrari V8 After All
Environmentalists may hate them, but SUVs have proved quite popular –that’s why even carmakers with no former experience are jumping in on the bandwagon, especially in the executive (and most profitable) market. The latest automaker to...