Big Three Reap Benefit From Early, Painful Restructuring Mass Market Makers Uncomfortable As Economic News Worsens Harsh decisions which would have paid huge dividends in future viability and profits were put off Stock markets may be crashing as investors panic, western economies totter on the brink of another recession, and the euro zone is close […]
Rest Of 2011 Faces Higher Costs, Dollar Threat, New Model Costs Investors Expect BMW To Reach 8-10 Per Cent Target With Ease “BMW profitability is stunning. Only Porsche and Ferrari can claim to have met or exceeded this level of profitability” “First in class”. “Quite Simply Awesome”. Stunning” That was the reaction from some excited […]
But Fear Of Political Interference Undermines Renault, Peugeot Peugeot-Citroen and Renault of France continue to lag Volkswagen as investor favourites, and the looming French presidential election next May is thought by some to be curbing needed restructuring. Le Monde newspaper leaked a story earlier this month that Peugeot was planning to shut the Aulnay-sous-Bois plant […]
BMW-Rover, DaimlerChrysler, Ford-Volvo Didn’t Work; Why Should This? Combing Europe’s Weakest With U.S. Laggard Lacks Promise “But as the Chrysler strategy unfolds, we realise there is a bull case and we may end up looking too cautious” Fiat is relentlessly pursuing its plan to make the acquisition of Chrysler the centrepiece of its future, and […]
Merrill Lynch Cuts Chrysler U.S. Market Share Forecast Chrysler made money for the first time since emerging from bankruptcy in June 2009, prompting comment that its money making qualities might end up bailing out its saviour Fiat. However, a report from Bank of America Merrill Lynch suggests that Chrysler, far from being in a position […]
China, U.S., Germany Sales And Strong Mix Boost Bottom Line Investors Look For Possible Negatives, But Don’t Find Many Upcoming Launch Of 1 And 3 Series Promise More Cost Cuts BMW’s first quarter profits were so impressive, some investors felt they might be too good to be true. Deutsche Bank analyst Gaetan Toulemonde pointed out […]
Struggling Swedish carmaker Saab announced the surprise retirement of long-serving CEO Jan Ake Jonsson, one day after news from Vilnius that Russian banker and entrepreneur Vladimir Antonov might stump up new investment of €15 million. Saab chairman Victor Muller said he will take on a Jonsson’s duties until a replacement can be found. Antonov was […]
Even GM Europe Makes Some Progress General Motors had its best year for more than a decade, but investor’s reaction was muted by worries that rising oil prices might persuade Americans to buy more fuel efficient, cheaper cars with low profit margins. Even financially strapped GM Europe had some good news to report. Its EBIT […]
Investors Expected Better Profits, But Trivial Factors Intervened Profit Forecast Vague Enough To Forestall More Embarrassing Changes “The truck business is what, in our view, distinguishes Daimler and makes it more attractive – and less vulnerable – than BMW,” Daimler investors should be immune to surprises by now. After all, the company was forced to […]
When Government Loan Repaid Will Varin Look East Again? PSA Peugeot-Citroen has been facing tough times, but is starting to impress investors.Although the company is considered to be too Eurocentric, too weak in Asia, and unable to profit from the expected upturn in the U.S. sales, investors reckon CEO Philippe Varin, now in the job for […]
