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BMW Numbers Sifted Again With Mixed Results

Residual Value Issue Worries Investors. “BMW could lose half its captive finance customers, putting at risk about 25 per cent of group volume” BMW investors must be feeling a bit bilious. When the company announced it lost money in 2008’s 4th quarter, shocked investors dumped the stock and ran for the exits. But after some sober […]

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Despite Green Shoots Claim, Europe Recovery Long Way Off

German Scrap Plan Brings Forward Sales. European Sales Still Not At The Bottom. Europe’s Manufacturers Will Emerge Stronger; But When. Investment bank Goldman Sachs raised a few eyebrows in Europe earlier this week talking about the green shoots of recovery in the automotive business, when just about everyone else is still wondering whether the recession […]

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Honda Insight review 2009

Honda Insight review

Hybrid Claims Fantastic Fuel Economy Will It Get Close To 60 mpg In The Real World? Undercuts Main Rival Toyota Prius Price By Almost £2,500 *** out of 5 Looks Nice, Non-descript interior, excellent storage  “It remains to be seen whether this fuel economy will be achieved at the expense of fuming motorists held up in […]

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VW Golf VI review

Hard To Fault This Sixth Attempt At Perfection Quality, Driveability, Comfort Beyond Criticism? I’ll Try: Bland Looks, High Price Won’t Win Buyers Golf Said To Beat Renault, Peugeot For Dynamics, Economy **** out of 5 “VW’s Golf offers 10 to 15 per cent superior fuel economy at a 10 per cent lower total cost of ownership” […]

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Daimler-Mercedes Close In On Cooperation Pact

Don’t Do It, Pleads Morgan Stanley. The much flagged cooperation deal between BMW and Daimler is moving closer, with arguments focusing on a possible cross shareholding agreement. Der Spiegel magazine reported that Daimler and BMW might take seven per cent stakes in each other, in addition to the cooperation on the development of technology under […]

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Nuggets Found In BMW Numbers After Initial Depression

Cash Preservation Impresses Investors. BMW Cut Production Faster Than Sales Were Falling. BMW lost money in 2008’s fourth quarter, but investors turned surprisingly bullish about the German luxury car maker’s prospects after they’d put the numbers under the microscope. “The earnings looked disastrous at first glance,” said Commerzbank analyst Daniel Schwarz. Indeed they did. BMW […]

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Bob Lutz

Bob Lutz Bids Farewell At Geneva Show

Forster Chokes On Line Saying How Much He Learned From Lutz Robert Lutz, evergreen leader at General Motors, and doyen of the global auto industry for almost half a century, bade farewell to Europe at the Geneva Car Show. Replying to a tribute from General Motors Europe president Carl-Peter Forster, GM chairman Lutz said he […]

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