Post Tagged with: "automobile industry"

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Great Wall Sees Net Profit Up Almost 27% in 2011

Great Wall Sees Net Profit Up Almost 27% in 2011

In 2011 Great Wall saw earnings of 3.43 billion yuan ($543.89m) in net profit, 26.86% higher than it was in 2010. The company’s total business returns for the year totaled 30.09 billion yuan ($4.78b), which translates in year-on-year increase of 30.9%. The manufacturer’s combined assets were valued at 3.31 billion […]

Peugeot, Fiat post highest sales decline in Europe

Peugeot, Fiat post highest sales decline in Europe

PSA Peugeot Citroen, Fiat and General Motors lost the highest number of sales in Europe in five months amid the economic slowdown of the region. New-car registrations in November declined 3 percent to 1.07 million vehicles from 1.10 million in November 2010, the biggest decline since June, according to the […]

Opel warn on slowing demand in Europe

Opel warn on slowing demand in Europe

After Scania, now General Motors’ European arm – Opel warns about a possible decrease of new car sales in Europe next year. Last time, Scania AB, the Swedish automotive industry manufacturer of commercial vehicles said it saw demand slow in September, especially in southern Europe and the Mediterranean countries of […]

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Skoda marks 10m milestone in Czech Republic

Skoda marks 10m milestone in Czech Republic

The Czech based automaker Skoda has just celebrated the ten millionth car that came off the assembly line at the local plant in Mlada Boleslav, with the landmark model being a white Fabia Monte Carlo, which will be exhibited at the Skoda Automobile Museum. “Ten million Skoda automobiles produced in […]

European Automobile Industry Report 09/10 available on-line now

European Automobile Industry Report 09/10 available on-line now

The European Automobile Manufacturers’ Association ACEA has published, today, the ‘European Automobile Industry Report 09/10’ and the accompanying leaflet ‘Automobile & Society – State of Affairs, Priorities of the Future’. In its dialogue with policy makers, the European automobile industry focuses on four main areas: environment, mobility, market and economy, […]