Top Margin Menu

Archive | Industry Analysis 2012

Skoda Tour de france

Will Skoda Join Rabobank And Quit Tainted Tour de France?

Volkswagen’s Skoda subsidiary has refused to acknowledge that its sponsorship of the Tour de France was jeopardised by recent drug taking revelations, but now that Rabobank of Holland has dropped out, perhaps the Czech company will reconsider. Earlier today, Dutch bank Rabobank withdrew from supporting cycling. Rabobank spent €15 million a year on the sport. […]

Continue Reading · 0

Fiat Europe Loss Mounts; Further €700 Million Loss Seen In ‘13

New Product Plan Dumps Punto, Brava; Goes For Alfa, Maserati Jump In Debt To €6.5 Billion Worries Investors Fiat is likely to lose another €700 million in Europe in 2013, with black numbers unlikely to appear there for at least another two years, while investor worries accelerate. Fiat’s latest strategic plan eschews more production cuts […]

Continue Reading · 0

Peugeot Bailout Stirs Ford, Renault, VW’s Home State Protest

Will Brussels Declare €7 billion Loan Illegal? “If Peugeot will not either reduce plants or increase sales, there is a chance it might not exist anymore” Financially-stricken Peugeot-Citroen’s effective bailout by the French government caused consternation among investors and its competitors, and this news overshadowed any positive fall-out from news that its deal with GM […]

Continue Reading · 0

Unions Protest, But Investors Laud Ford Europe’s “Bold” Action

“Ford’s E.U. restructuring efforts go deep, marking the most sweeping capacity reduction in the region in years” While unions called Ford Europe’s action to shut plants and curb losses a betrayal, investors lauded the company’s moves as bold and  necessary, and hoped that more financially pressed auto makers would follow suit. Ford Europe announced it […]

Continue Reading · 0

Site Designed and Administered By Paul Cox Photographic