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Working Capital, Finance Might Inhibit Fiat If Crisis Worsens

Global Fiat Auto Profit Still Likely in 2012 Investors Should Take Cover When Ferrari-For-Sale Signs Appear Fiat, like all the mass car manufacturers in Europe except Volkswagen, is fighting an uphill battle for sales, but Citigroup Global Markets has spotted a couple of areas of increasing concern – working capital and finance. Citigroup Global Markets […]

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Peugeot-Citroen Ratings Cut As Profits Slip Away

Investors Await Cost-Cutting, But Plan Delayed By Election Peugeot-Citroen’s financial ratings were cut by Fitch because its profitability is being undermined by Europe’s crumbling economy. Fitch Ratings said Peugeot-Citroen’s profits were under pressure because weak corporate and consumer confidence, rising unemployment and persistent uncertainty from the government debt crisis were undermining car sales. Fitch cut […]

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Financial Meltdown Talk Spooks European Car Buyers

Even Germany falters But VW, Hyundai-Kia, BMW Seem Immune From Trouble “this year’s loser’s league is made up of Peugeot-Citroen, Renault, Fiat and Toyota” With newspapers and television news constantly talking about economic meltdown, double dip recession and great depressions, it’s not surprising that Europeans are getting a bit hesitant about buying new cars. According […]

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