New Giulietta Shows Maybe Lessons Have Been Learned How Many Times Have You Heard That Before If Volkswagen of Germany was really interested in buying Alfa Romeo, Fiat of Italy’s chronic loss-making sporty subsidiary, CEO Sergio Marchionne would surely have thought Christmas had come early. After all, Alfa last year lost between $380 million and […]
Europe’s automotive manufacturers lack the will to rid themselves of unprofitable operations which threaten their future, and experts predict a future of muddling through rather than decisive action to restore health and profits. At a recent conference in Bilbao, Spain, Ford Europe Chairman and CEO John Fleming said overcapacity had reached 35 per cent and […]
Nearing Launch Date, Gets Plug From Glen Beck Even Fox News star Glen Beck seems to have jumped on the publicity bandwagon for Nissan’s electric car, the Leaf. Beck, in a sarcastic “apology” to President Obama for saving GM, referred to the $41,000 Chevrolet Volt as having a range of 40 miles. “It goes 40, […]
Volt Vs Leaf First New Technology Electric Cars Face Off Soon The future is here at last. Regular punters will soon be able to buy new technology electric vehicles which are more like proper cars and not souped-up golf carts. But the first cars on the market, the Nissan Leaf from Japan and General Motors’ Chevrolet Volt, […]
Fast And Bland Looks Strange, Priced High, Amazing Performance *** out of 5 For – great drive, amazing performance Against – pricey, looks weird The Volkswagen Scirocco R has a hugely powerful, two litre 4-cylinder engine said to propel it from rest to 62 mph in six seconds, and on to 155 mph. It looks a bit odd, […]
PSA Peugeot-Citroen turned a huge 2009 loss into a profit in the first half of 2010, but investors didn’t like the company’s predictions about this year’s second half, or weak cash flow figures, despite predicting a substantial profit for the whole year. In 2010’s first half, Peugeot Citroen reported net income of €680 million, up […]
Most Investors Though See Tough Profit Targets Being Achieved 2010 Sales Target Of 1.4 Million In Question BMW impressed investors with the strength of its second quarter performance, but unlike VW, there were some dissenting voices on the sidelines who cautioned that the company’s latest financial report contained some negative factors. The performance was so […]
New, Go-Faster Version Of Cute Czechette Now You Can Choose An Estate-Car Model Too Just Who Buys New, Pricey Little Souped Up Runabouts? *** out of 5 For – good value, if you like that sort of thing Against – if you like that sort of thing, you should be locked up Skoda has souped up […]
Massive Earnings Notched Up Despite German Sales Wilting Does This Powerful Performance Mean The Only Way Now Is Down? Volkswagen’s profits in the second quarter were its best for two years, and the company made so much money that after the news broke some investors began to speculate that Europe’s biggest car manufacturer had so […]
