Land Rover Discovery Sport HSE Luxury Review For – handsome, powerful, beautiful interior. Against – noisy engine, jerky transmission, poor fuel consumption. *** £45,995 The new Land Rover Discovery Sport replaces the old Freelander and it certainly is a big improvement in terms of looks. This handsome model, the HSE Luxury, had a fabulous interior […]
BAC Mono – Single-Seater That Fits On Your Yacht, Private Jet. “They are not buying instead of say a Ferrari 488, but in addition to those and other cars” The single-seat Formula 1 lookalike BAC Mono is a road-going sports car aimed at the super-rich, with a special version designed to withstand attack from sea-water […]
Germans Shaken By China But Investors Believe In Long-Term. Reaction To Devaluation On Stock Market Seen As Overdone. Not Really A “Devaluation”, Just A Marginal Cut. “the Germans remain almost 100 per cent hedged for 2015 so there’s no impact there. The impact for 2016 still remains fairly minimal” German car stocks took a beating […]
BMW, Hit By China, Losing Ground In Profit Race. “Some investors may start to become less confident about BMW’s earnings and free cash flow compared to Mercedes/Daimler and Audi/VW” BMW is losing favour with investors as weakness in China hits profits, and some are relegating it to third place amongst the luxury German car makers […]
German Car Stocks Dive As China Move Possibly Misunderstood. “the impact on 2015 profits for the Germans would be zero because they are fully hedged” German car stocks BMW, Mercedes and Volkswagen, heavily dependent on China for their profits, dived on European markets after China announced what appeared to be 1.9 per cent devaluation of […]
Car Sales Accelerate, But Discounting, Profit Worries Mount. “the German economy has simply reached the end of its long positive virtuous circle” On the surface, car sales are continuing to improve in Western Europe, but rumblings behind the scenes suggest that all is not well. Latest figures from LMC Automotive show Western European car sales […]
Tesla Raises More Capital As It Prepares To Launch Model X. “Elon Musk should sell more equity before it is too late” Tesla Motors, surprising nobody, announced it would raise new capital by selling more shares. The only surprise was the amount. Tesla announced it would raise about $500 million, but a day later, following […]
German Car Stocks Undermined By China Devaluation Again. “Logically, more (currency) depreciation should follow; economic growth is slowing, capital is fleeing and the currency was already overvalued” German car stocks took a beating for a second consecutive day as China again manoeuvred its currency lower on foreign exchange markets. There was plenty of doom and […]
Skoda Superb Hatch SE L Executive 2.0 TSI 220 review 2015 For – handsome, well equipped, decent value, quality interiors. Against – historical hangover. **** £27,020 INVERNESS, Scotland – I’ve always thought that calling a Skoda “Superb” was a bit on the hubristic side, not to mention a hostage to fortune, so it’s comforting to […]
Electric Car Prospects Stall, Awaiting Battery Improvements. “These numbers are so low because it will still make more sense to have an internal combustion engine in 2025 using fossil fuel” As investors start to lose faith in Tesla Motors and its battery-powered future, some of the more brazen claims for electric cars generally are starting […]
