But Mobile Phone Sales Performance Is A Reminder To Avoid Hubris “We are in the very early stage of power-train electrification, but we see this as being no less than a minimum 20 year plus road – and very easily much longer than that” You would think that as more innovative and high-technology electric vehicles […]
But Payout Less Than Expected, Leaving Funds To Fix Europe Ford Motor Co signalled its return to health when it reinstated a dividend payment to shareholders. The dividend was suspended in 2006 as it sought to clear the decks for action to fight the expected recession, and as it was running out of money thanks […]
As Brazil Lags, North America Will Step Into The Breech Fitch Ratings says Fiat might benefit from its tie-up with Chrysler in the medium to long-term, but the Financial Times Lex column sees the link as a life-saver. Fitch, the U.S. bond and credit rating agency, said it awarded Fiat a “negative” outlook, the only […]
Relentless Round Of Bad News Spooks Buyers What If There Is A Major Crisis, Not A Smooth Decline? “This base forecast does not, however, assume disorderly defaults in eurozone countries’ debts; if that were to happen, a much more severe drop in the car market would be unavoidable” Another European summit meeting to save the […]
Europe’s Faltering Economy, Engine Improvements Undermine Case Bad News For Renault-Nissan And Its $5.6 Billion Investment “The critical nature of the government credit problems plaguing Europe poses a material threat to the necessary government support for EVs which we had previously taken for granted” Investment bank Morgan Stanley came up with a nasty new Year […]
Banks More Concerned With Rebuilding Balance Sheets Than Lending As Usual, Germans Excluded From Nasty Scenarios No Deaths, But Peugeot-Citroen, Fiat And Renault Will Struggle “Next year in Western Europe we will see the worst demand for 18 years” Europeans plucky enough to ignore the crumbling economy and confident that their jobs are safe might […]
“GM has done the fundamentals, now it has to hang in there” Europe’s Financial Crisis Is Hitting All Mass Car Makers. Previous downturns didn’t lead to a crisis, but now it is different and will now lead to a shakeout Until about six weeks ago GM Europe’s Opel-Vauxhall was making steady progress towards sunlit uplands, […]
Huge New Fine Would Start If Germany Failed To Comply Again VW was the subject or more legal action, but this one, a revival of the European Union’s action to end the golden share veto, might cause the company to sweat a little more than Suzuki’s. The European Commission doesn’t think Germany implemented its previous […]
Japanese Move To Force End To Deal Shows Compromise Unlikely “How dare you; you, you “associate”! On a Richter scale of insults, to call someone an “associate” doesn’t register, so why should Suzuki react “theatrically” in the words of VW when the German company referred to its shareholding in the Japanese company as meaning that […]
Global Fiat Auto Profit Still Likely in 2012 Investors Should Take Cover When Ferrari-For-Sale Signs Appear Fiat, like all the mass car manufacturers in Europe except Volkswagen, is fighting an uphill battle for sales, but Citigroup Global Markets has spotted a couple of areas of increasing concern – working capital and finance. Citigroup Global Markets […]
