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Archive | February, 2019

JLR

Jaguar Land Rover Hit By Big Loss

Jaguar Land Rover Hit By Big Loss. “JLR’s small size suggests it might need to link with another manufacturer” Jaguar Land Rover said it lost 3.4 billion pounds ($3.9 billion) in the quarter ended December 31 after it took a major write-down in the value of its investments. JLR, owned by Tata Motors of India, […]

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Tesla

Tesla Consecutive Profit Fails To Dispel Investor Doubts

Tesla Consecutive Profit Fails To Dispel Investor Doubts. “Within the industry we think only Tesla will, for some time, experience incremental growth in revenue and earnings” Tesla Inc may have reported a 2nd consecutive quarterly profit, but investors were worrying about longer term threats to the business from competition cranking up in Europe and possible […]

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An Alliance Might Fix Fiat Chrysler’s European Problem

An Alliance Might Fix Fiat Chrysler’s European Problem. “We also wonder how long FCA can keep reviving brands like Maserati and Alfa Romeo” Fiat Chrysler Automobiles (FCA) financial performance is being dragged down by its European division and investors believe an alliance with another manufacturer could be on the cards. Ford of Europe recently announced […]

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XTRAIL

X-Trail Decision Raises Questions About Government Funding

X-Trail Decision Raises Questions About Government Funding. Brexit Peripheral. Nissan of Japan’s decision to reverse its plan to make the new version of its X-Trail SUV at its British plant was taken because of Europe’s sudden rejection of diesel engines, and weakening sales in the region generally. But the decision became headlines in Britain because […]

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Ferrari Reports Higher Profits, Raises Target For The Year

Ferrari Reports Higher Profits, Raises Target For The Year. “At some point, perhaps one of Ferrari’s core models will fall short. But until that (distant?) day, the music will play on” Italian luxury sports-car maker Ferrari reported strong financial results and investors, despite having misgivings about a car company with a high, luxury-sector share value, […]

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Volvo Sells More Cars, Makes Less Profit

Volvo Sells More Cars, Makes Less Profit. “margins will remain under continued pressure” Volvo Cars of Sweden, owned by China’s Zhejiang Geely Holding, sold more cars and SUVs last year but saw its profit margin slide because of tariff wars and increasing competition. President and CEO Hakan Samuelsson said this wasn’t good enough and promised […]

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