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Archive | August, 2012

GM Europe Loss Estimate Raised Again

Stock Buildup Boosted Second Quarter Bottom Line “Opel must cut 30,000 to 40,000 units of inventory, taking third quarter production down 15 per cent year on year” General Motors Europe’s Opel-Vauxhall subsidiary managed a less horrendous than expected loss of $361 million in the second quarter, but one investment bank now expects red ink for […]

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BMW Fails To Match Record Profit Pace, But Sees Strong Year

Bankers See Pressure Ahead As Markets Weaken “We believe that overall trends in the industry point to further underlying weakening in profitability despite growing volumes” BMW was unable to maintain its record breaking earnings performance but reaffirmed high profit expectations for the whole year. Investment banks though see trouble ahead. In the second quarter, BMW’s […]

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Even The Germans Are Succumbing To Europe’s Problems

LMC Now Forecasts 2012 West Europe Sales Will Dive 7.3 Per Cent “how will manufacturers respond in coming months – heavy discounting and self-registering are, after all, short-term solutions to what are clearly longer-term problems” German luxury car manufacturers have been sailing serenely past the wreckage of Europe’s mainstream industry, but even the likes of […]

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Skoda Yeti Elegance review 2012

Skoda Yeti Elegance review

4×4 2.0 TDI CR 170 PS Another example of Skoda high quality, practicality Stunning performance from one of Volkswagen Group’s most powerful diesels. For – A refreshing take on the small SUV. Against – No automatic available on the 170 PS engine The Yeti that is reputed to roam the Himalayan region of Tibet may be a legend […]

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SEAT Mii eeviw 2012

SEAT Mii review

Back to Basics On our camera infested, congested roads do we need transport any better than this? For – Remarkable performance and refinement for a city car Against – Looks too much like a VW Up! and a Skoda Citigo I can’t believe that even in its present badge engineering mood, Volkswagen could spin Bugatti, Lamborghini, Bentley […]

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