Cars
The European car market is not what it used to be as it has been severely affected by the global credit crisis, a phenomenon that has caused grief in many parts of the world, bringing each country’s own economy to its knees. Greece was (and still is) hardest hit at first glance, even thou they're attempting to build off-road-capable supercars, while other countries are making fewer cars. Perhaps a bit of optimism about the whole situation would not hurt at all… Read more »
- Debt-stricken Greece Wants To Build A Formula 1 Racing Track In The Peloponnese
Greece is the country that’s been hit the hardest by the debt crisis that has brought a lot of unrest in Europe, threatening even the existence of the Eurozone itself. For the past three years, successive governments have imposed heavy taxes and...
- Gm May Be Forced To Write Down Psa Peugeot Citroen Investment, But Will Hold On To The Alliance
Looking for a way to fix its ailing European operations, which was the only ointment in its crown in 2011 when it regained the number one spot in world car sales, General Motors formed an alliance with PSA Peugeot Citroen last March. On paper, it was...
- Polk Estimates Global Vehicle Sales To Reach 77.7 Million Units In 2012, And 96.3 Million In 2016
The analyst gurus at R. L. Polk & Co have issued a new forecast for global vehicle sales in 2012. The automotive market intelligence firm predicts that sales are expected to rise 6.7 percent over 2011 volumes to 77.7 million vehicles, thanks to the...
- Italian Ministry Orders 19 Maserati Quattroporte Limos Amidst Severe Eu Economic Crisis
Unless you’ve been living in a cave these past few months and were completely cut-off from the outside world, you’ll surely have heard of the European economic crisis that started with the Greek debt and is now threatening to engulf many...
- Germany's Luxury Brands Unaffected By Global Economy Slump
The auto industry hasn’t escaped the drama affecting the stock markets due to the US credit rating downgrade and the problems in the Eurozone. This month has been the worst ever since November 2008 for the Euro Stoxx Automobile and Parts Index...
Cars
Renault-Nissan CEO Says Worst Has Passed for European Car Market
The European car market is not what it used to be as it has been severely affected by the global credit crisis, a phenomenon that has caused grief in many parts of the world, bringing each country’s own economy to its knees. Greece was (and still is) hardest hit at first glance, even thou they're attempting to build off-road-capable supercars, while other countries are making fewer cars. Perhaps a bit of optimism about the whole situation would not hurt at all… Read more »
- Debt-stricken Greece Wants To Build A Formula 1 Racing Track In The Peloponnese
Greece is the country that’s been hit the hardest by the debt crisis that has brought a lot of unrest in Europe, threatening even the existence of the Eurozone itself. For the past three years, successive governments have imposed heavy taxes and...
- Gm May Be Forced To Write Down Psa Peugeot Citroen Investment, But Will Hold On To The Alliance
Looking for a way to fix its ailing European operations, which was the only ointment in its crown in 2011 when it regained the number one spot in world car sales, General Motors formed an alliance with PSA Peugeot Citroen last March. On paper, it was...
- Polk Estimates Global Vehicle Sales To Reach 77.7 Million Units In 2012, And 96.3 Million In 2016
The analyst gurus at R. L. Polk & Co have issued a new forecast for global vehicle sales in 2012. The automotive market intelligence firm predicts that sales are expected to rise 6.7 percent over 2011 volumes to 77.7 million vehicles, thanks to the...
- Italian Ministry Orders 19 Maserati Quattroporte Limos Amidst Severe Eu Economic Crisis
Unless you’ve been living in a cave these past few months and were completely cut-off from the outside world, you’ll surely have heard of the European economic crisis that started with the Greek debt and is now threatening to engulf many...
- Germany's Luxury Brands Unaffected By Global Economy Slump
The auto industry hasn’t escaped the drama affecting the stock markets due to the US credit rating downgrade and the problems in the Eurozone. This month has been the worst ever since November 2008 for the Euro Stoxx Automobile and Parts Index...