Tesla Plan To Go Private Ridiculed And Lauded. Announcements By Tweet Likely To Incur SEC Wrath. Supporters Demand Details About The Funding. Assured Saudi Funding Turns Out To Mean Rather Less. Tesla Inc stunned investors with its plan to go private and reactions ranged from disbelief to predictions of bankruptcy on one side to hopes […]
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Jeep Wrangler Safari review
Jeep Wrangler Safari review. For – invented go anywhere, distinctive, handsome. Against – expensive. **** from ...
As JLR Stumbles, Should Some Jaguar Models Face The Axe?
As JLR Stumbles, Should Some Jaguar Models Face The Axe? “That is not a good business model. They need more sales per model or they have to scrap models. You cannot compete with BMW or Mercedes with just 30,000 sales per model” Jaguar Land Rover (JLR), Indian owned and British-based luxury vehicle maker, needs to […]
Fuel Economy Failure Could Cost Companies $16 Billion+
Fuel Economy Failure Could Cost Companies $16 Billion+ “fines for those not complying could reach $722 per vehicle at the end of 2020, with a further $220 increase in 2021” Europe’s automakers face fines of more than $16 billion in 2021 if they fail to meet tightening fuel economy rules, according to a report from […]
Volkswagen Raises Profit But Investors Worry About The Future
Volkswagen Raises Profit But Investors Worry About The Future. VW Says 2018 Earnings Will Fall A Bit Short Of Earlier Expectations. Volkswagen profits advanced strongly in the second quarter but investors were more concerned about the impact of new European Union fuel efficiency rules and worries about a possible tariff war’s impact on 2018 profits […]
BMW Profitability Slips In Quarter, But Investors Happy
BMW Profitability Slips In Quarter, But Investors Happy. “This is arguably the world’s best run automaker. It’s certainly the most stable” It might be hard to believe but BMW, with its proven record of profitability, is valued on the stock market at just over $55 billion, while much smaller, upstart Tesla, yet to make a […]
FCA Investors Like Choice Of Manley As New CEO
FCA Investors Like Choice Of Manley As New CEO. Will Miss Marchionne’s Panache Though. Shares Crash After Legendary CEO’s Death, Manley Profit Warning. Fiat Chrysler Automobiles (FCA) investors, reeling from the surprise news of Sergio Marchionne’s death, supported the appointment of Mike Manley as the new CEO because of his strong track record overseeing Jeep’s […]
Jeep Wrangler Safari review
Jeep Wrangler Safari review. For – invented go anywhere, distinctive, handsome. Against – expensive. **** from £44,000 Competition – Mercedes G-Class, Suzuki Jimny, resuscitated Defender? GRAZ, Austria – The new Wrangler is doing well in the U.S. but will Europeans understand the attraction of this go anywhere, quirky throwback? Last year Jeep sold 190,522 Wranglers […]
PSA Stuns Investors With Strong Profits
PSA Stuns Investors With Strong Profits. Even Opel Vauxhall Makes Money For The First Time This Century. Achievement More Notable As Main Rivals Struggle. Could PSA Work Its Magic To Help Struggling Ford, Fiat? PSA Group first half profits soared more than 40 per cent and included a barely believable half billion euro contribution from […]
Ford Europe Loses Money Again; Big Shake-up Coming
Ford Europe Loses Money Again; Big Shake-up Coming. Vans Make Big Margins. Ford Europe notched up a loss, leading to speculation strong reform measures might be needed to turn the operation around. Ford Europe lost a pre-tax $73 million in the second quarter, after an $88 million profit in the same period last year, and […]
Tariff War Threat Recedes And European Auto Stocks Jump
Tariff War Threat Recedes And European Auto Stocks Jump. “We believe the key fact is no immediate E.U./U.S. tariffs are a good thing with the market pricing in 50-60% probability of trade-war in autos as of yesterday” Most European auto stocks staged a powerful rally, after news the U.S. and the E.U. stepped back from […]
Tesla Will Be Overtaken By The Germans In 2021-Report
Tesla Will Be Overtaken By The Germans In 2021-Report. Audi E-tron, Porsche Mission E, Mercedes EQC, Jaguar I-Pace Lurk. Tesla will retain its lead next year as the highest ranking electric car maker in the world, but will thrust aside by 2021 as Mercedes-Benz claims the lead, followed by BMW, the Renault Alliance and Volkswagen. […]
Jeep Wrangler Looks To Wow Europe.
Jeep Wrangler Looks To Wow Europe. But Sales Will Much Tougher There. “In the U.S. it is doing exceptionally well. It is a heartland product for Jeep. That’s where people understand it. In Europe though, I’m not so sure” GRAZ, Austria – Sales of Jeep’s revitalized new Wrangler are going gang-busters in the U.S. and […]
Daimler Profits Dive And Worse To Come
Daimler Profits Dive And Worse To Come. Company Splits Into 3; Cars, Trucks And Mobility. Daimler hit investors with a 30 per cent drop in profits and then shocked them with a forecast that profits for the year are under threat from currency problems, tariff obstacles in China and new E.U. fuel economy […]
