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Peugeot Sales Dive, Outlook Gloomy

Company Said To Be In A “Distressed” Condition. PSA Peugeot Citroen unveiled its sales figures for the first quarter and reiterated its gloomy prognostications for the year. Sales of assembled vehicles fell 23.5 per cent to 619,000, and kit cars shipped mainly to Iran fell 18.7 per cent to 713,000. Peugeot said production in the […]

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Scrapping Hinders Industry Need To Consolidate, Cut Costs

Sales Boost In Short-Term Won’t Eliminate Eventual Pain. But Some Applaud Scrapping Schemes As Crucial Help In A Storm. “avoids dangerous sales declines in 2009 and helps auto makers maintain a flatter, more profitable, cycle. What is wrong with that?” Britain, finally, signed up to provide subsidies for car scrapping, but not everybody believes this […]

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Hyundai i20 review 2009

Hyundai i20 review

5-Year Guarantee The Winning Card But i20 Matches Competition In Most Areas, Wins On Price Fuel Consumption Doesn’t Match Claims, But Nobody Else’s Does ***** out of 5 Even Residuals Claimed To Beat The Best, Thanks To Warranty The competition like Ford is raising prices in the teeth of a recession and effectively committing suicide in […]

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Fiat Bravo review 2009

Fiat Bravo review

Beautiful, Practical New Small Petrol Engine The Shape Of Things To Come 1.4 litre Powerful, But Economy Falls Short **** out of 5 The Fiat Bravo is one of those rare cars that is so beautiful, people will buy it just for its looks. That is especially impressive in the small family car sector of the […]

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Peugeot’s New Management Faces Some Tough Decisions

Did Streiff Aggravate Peugeot Family, Or Government, Or Both? Overcapacity, Platform Sharing, Need For Faurecia Under Spotlight. “It wasn’t what he did, it was the way that he did it,” is one view seeking to explain former PSA Peugeot CEO Christian Streiff’s demise, although others take a different slant. According to Nomura International, investors shouldn’t […]

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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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