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Tag Archives: eu
EU Car Sales Weak in April. Off -7% YTD
This was the third lowest level of new registrations for a month of April, with the historic low for April reached in 2012 at 1,021,358 units, according to ACEA, the auto trade group. Continue reading
Posted in auto news, economy, sales
Tagged autoinformed, autoinformed.com, eu, eurozone, Ken Zino
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Ford and Schaeffler to Make Fiesta EV
While offering no business reasons for the project at loss-making Ford of Europe, the company said there could be space-saving benefits that could support development of smaller cars that are more agile and optimized for urban areas with the ability to move sideways to park. Continue reading
Posted in alternative fuels, auto news, electric vehicles
Tagged autoinformed, autoinformed.com, eu, fiesta, Ken Zino, micro-cars, quadricycles
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Daimler Group Q1 Earnings Drop Based on EU Crisis
Daimler AG [DAI] posted a significant drop in Q1 earnings largely because of the ongoing economic slowdown in Western Europe where sales are running at a 20-year low. The Q1 EBIT of €917 million was less than half of Q1 … Continue reading
Posted in auto news, financial results
Tagged autoinformed, autoinformed.com, Daimler group, eu, Ken Zino, mercedes-benz
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EU Commercial Vehicle Sales Drop -10% in March, -11% Q1
The UK, currently mourning Prime Minister Margaret Thatcher and which has resolutely stuck to the Pound, was the only major area to post growth at +7.7%. Continue reading
Posted in auto news, sales
Tagged autoinformed, autoinformed.com, eu, Ken Zino, urozone crisis
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General Motors to Invest €4 Billion in Loss-Making Opel
GM has lost more than $18 billion in Europe since 1999, including $1.8 billion in 2012. GM also wrote down more than $5 billion in assets in the Eurozone, and it wrote off more than half the value of its PSA Citroën stock (-$220 million) acquired latest year in what GM said at the time was a collaboration that would, eventually, save billions. Nothing was really new in today’s speeches. Continue reading
Posted in auto news, financial results, news analysis
Tagged adam opel, auto informed, autoinformed.com, automotive news, eu, GM, Ken Zino
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