Category Archives: results

Milestones – 90 Years of the Alfa Romeo Quadrifoglio Verde

In the Anglo Saxon world, a green four-leaf clover should call up images of Irish luck, but by a fourfold twist of European fate, this legendary symbol is identified with some of Alfa Romeo’s sportiest Italian models going back to 1923. Continue reading

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GM Maintains Number One Spot in China over VW Group

In the closely watched sales race in China, the world’s largest car market by far, the reigning champion GM held off its strongest contender, VW Group, for the Number One position, according to sales numbers through May. Continue reading

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2013 Global Light Vehicle Sales Tracking at 83 million

Global light vehicle sales held steady in May with a seasonally adjusted annualized rate of sales of 82.8 million units a year, according to the latest data from LMC Automotive. The consultancy predicts that full-year 2013 sales will be 83.4 million units. Continue reading

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GM Declares Dividend on Series B Preferred Stock

The convertible preferred stock was offered at $50 per share when GM emerged from bankruptcy. The shares automatically convert to a variable amount of GM common stock on 1 December 2013. If GM common is trading at $33 for a period preceding that, preferred shareholders will at least break even on the $50 per share price paid. The leverage works both ways on the conversion price, though. Continue reading

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General Motors, Ford Post Record May China Sales

General Motors and its joint ventures sold a May record of 252,942 vehicles in China, sales increasing 9.4% from the same month last year. Crosstown rival and slow starter in China, Ford Motor Company also posted a record from a year earlier to 70,540 passenger cars. Continue reading

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