Top Margin Menu

Archive | Industry Analysis

GM Europe Says Failure Would Hit 300,000 Jobs

If General Motors Europe fails, it would cost up to 300,000 jobs across the continent, including workers at manufacturing plants, suppliers and dealers, GM Europe President Carl-Peter Forster said. Speaking at a press conference at the Geneva Car Show with GM Chief Operating Officer Frederick “Fritz” Henderson, Forster said the company has about 30 per […]

Continue Reading · 0

Goodbye Commitment 2009 Says Renault

Prospects For 2009 Look Bleak And Red. For Those Willing To Look, There Are Positives. It has been obvious to investors for more than a year now, but Renault finally and officially ditched its ambitious targets, set by CEO Carlos Ghosn shortly after he took the job. Ghosn’s “Renault Commitment 2009” included the pledge to […]

Continue Reading · 0

Peugeot Survival Looks Assured Thanks To Government Help

Cheap Loan Avoids Rights Issue Blow. Small Car Portfolio Ideal To Exploit Scrappage Plans. Peugeot-Citroen lost almost €350 million last year and is likely to lose more than €1 billion this year, but still has some supporters among investors. According to Nomura International, Peugeot-Citroen’s finances deteriorated faster than expected in 2008, and earnings and cash […]

Continue Reading · 0

Scrapping Schemes Gather Pace Across Europe

Can This Be A Rare Win/Win Situation? No. Negative Implications For Mix, But Beggars Can’t Be Choosers. Britain Strangely Reluctant To Join In. Government incentives for people to swap new cars for old seem to provide an almost magical solution where everybody wins. With many potential buyers sitting on their credit cards because they simply […]

Continue Reading · 0

Site Designed and Administered By Paul Cox Photographic