Share Sales And Bank Loan Total Nearly $3 billion “Mazda’s dating again: anybody wanna snuggle” Mazda’s financial woes have suddenly made it the centre of takeover talk. After Mazda announced it would make a net loss of $1.29 billion in the financial year ending March 31, that it planned a $2 billion offering of shares […]
Tag Archives | financing
GM Will Stick With Europe, But Sharpen Scalpel Again
“GM has done the fundamentals, now it has to hang in there” Europe’s Financial Crisis Is Hitting All Mass Car Makers. Previous downturns didn’t lead to a crisis, but now it is different and will now lead to a shakeout Until about six weeks ago GM Europe’s Opel-Vauxhall was making steady progress towards sunlit uplands, […]
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 […]
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 […]
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 […]
Peugeot Warns About Profits As Price Pressures Mount
Profit Estimates Cut For Next Year Too Does Peugeot Quandary Mean Bad News For Everybody? “It seems strange that PSA is facing such pricing pressure as it has one of the freshest model line-ups in the European sector” “Is the European market so weak that manufacturers are better off selling old cars than new product” […]
Europe’s Future Uncertain As Financial Turmoil Strikes
Even Germans Now Look Vulnerable As Exports Stumble Renault’s Battery Plans Look Overambitious VW Up, Fiat Panda, Chevy Malibu Make Debuts Like a gambler in a Monte Carlo roulette game Nissan-Renault has risked a lot of money. Nissan and Renault have the highest risk in electric mobility and this could threaten its position because of […]