Geneva Car Show Lacks Notable Mainstream Launches. But Take-over Turmoil, Election Threat Will Add Tension. A lack of exciting new mainstream cars means the annual Geneva Car Show will be a lacklustre affair this year, but corporate developments might liven things up a bit as PSA seeks to clinch the takeover of Opel Vauxhall. Automotive […]
PSA Raises Profits Again, But Restrained On Future Promises. “Long term guidance has been upgraded but it is disappointing again”If Acquired, Opel Would Be Used To Target Export Markets PSA Group, in the spotlight because of its audacious attempt to takeover GM Europe’s Opel-Vauxhall, was less adventurous with its own profit projections, said to be […]
Hang On, Maybe GM Europe/PSA Merger Could Work? Fiddling With Accountancy Rules Makes Opel-Vauxhall Look Good. Putting Lipstick On A Pig? “Perhaps GM wants to bow out now and avoid potential election trouble?” Investment banks couldn’t raise much initial enthusiasm for a merger between France’s PSA and GM’s Opel-Vauxhall, but some are having second thoughts. […]
Volkswagen Moves Back Into The Black. “soft profit performance” Investors Still Wary Of Dieselgate Impact, Governance Worries. Volkswagen said it returned to profit in 2016 thanks mainly to Audi and Porsche, but investors still think there is much work to done to shake-off the negative effects of dieselgate. And investors are also wondering if company […]
Tesla Investors Fear Capital Rise, Worry About Model 3. Tesla Sticks With Ambitious Model 3 Timetable. Tesla Inc investors are getting nervous following its latest financial data, worries that the crucial Model 3 project might be delayed, and fears of an imminent capital increase. Goldman Sachs downgraded its recommendation to “sell” from “neutral”, saying it […]
Lukewarm Reaction To GM Europe PSA Merger Possibility. “And why would GM want to get rid of it?” France’s PSA Peugeot-Citroen (PSA) is discussing taking over General Motor’s European operations, but analysts and academics can’t raise much enthusiasm for the deal. The two companies tried once before to merge, but that failed in 2014, not […]
Hang On, Maybe GM Europe/PSA Merger Could Work? Fiddling With Accountancy Rules Makes Opel-Vauxhall Look Good. Putting Lipstick On A Pig? “Perhaps GM wants to bow out now and avoid potential election trouble?” Investment banks couldn’t raise much initial enthusiasm for a merger between France’s PSA and GM’s Opel-Vauxhall, but some are having second thoughts. […]
Audi Super Bowl Attempt At Virtue-Signalling Backfires. “The cause is honourable. But as the German luxury carmaker’s own tepid achievements show, action is harder than fine rhetoric” “I’ll never buy an Audi,”says Kimberly Guilfoyle Audi of America bought an advertising slot during the annual Super Bowl American football game, which attempted to grandstand its support […]
Ferrari Profit, Sales Surge Set To Continue. Some Worry That Production “Ceiling” Will Eventually Curb Profit Growth. “Ferrari cannot just produce as many cars as it wants; it has a brand to protect” Luxury Status Argument On Hold. Ferrari celebrated one year of freedom by reporting sharply higher profits for 2016 and predicting more of […]
Tesla Will Stop Europe Sales Slide Before Model 3 Boost In 2018. “But despite last year’s performance, the future looks bright for Tesla in Europe. Before we know it Tesla sales will go up again” Tesla Motors sales in Western Europe slid last year, according to newsletter Automotive Industry Data (AID), probably because of weak […]
