/

Browse europe crisis articles

Germany Auto Sales Dragged Down by European Crisis


The European crisis has eventually affected the German market as auto sales in the region are on the slide. Analysts predict that despite an awful 2013, next year will bring a tentative end to the crisis, at least in the auto market. The slump has affected even the German luxury cars automakers, with Mercedes announcing it might have overestimated the 2013 ...
Read more

related more
spacer
spacer

More europe crisis articles

Volkswagen CFO expects worse first quarter this year
Volkswagen predicts the first quarter of this year will be worse than a year earlier, adding to another forecast last week that said the carmaker's 2013 operating profit will stagnate. According ...
EU car registrations reach record low
New car registrations in the European Union fell to a record low, because of weak demand in several key markets, including Germany. "New registrations amounted to 885,159 units, reaching a historic ...
GM’s losses in Europe doubled in 2012
General Motors' lossed doubled in Europe last year, shrinking the automaker's third-consecutive annual profit. GM's net income was $4.86 billion last year, down from a record $7.59 billion in 2011. Operating ...
GM reports smaller than expected fourth-quarter profit
General Motors' fourth-quarter profit reported on Tuesday is weaker than expected, with the carmaker blaming wider losses in Europe, lower vehicle prices plus higher costs in its core North American ...
Report: Peugeot expected to announce multi-billion euro writedown
PSA Peugeot Citroen is set to announce a multi-billion euro writedown on its non-performing assets, according to a report from Reuters citing two people familiar with the situation. The French carmaker ...
Ford expecting $2 billion loss in Europe this year
Ford Motor Company forecasts a $2 billion loss in Europe this year, as the recession in the region may cause even lower auto sales than last year. Ford said on Tuesday ...
GM targets investment grade credit rating this year, CEO says
GM aims to achieve an investment grade credit rating this year and to have all five of its business units post profits or break-even by 2015, CEO Dan Akerson said. The ...
Opel denies report about being taken over by PSA Peugeot Citroen
Opel has denied a report from a French newspaper that cited government officials as saying PSA Peugeot-Citroen should buy Opel in order to challenge VW's dominance in Europe. Contacted by Automotive ...
Infiniti revises downwards its European sales targets
Infiniti has revised downwards its sales targets for Europe as the region is undergoing an economic crisis. Nissan's luxury brand admitted it will likely take longer than 2016 to meet its ...

latest automotive news
TopCar introducing weird body kit for the BMW X6
TopCar is trying to help the new generation of the BMW X6 to stand out but what it did cannot ...
[VIDEO] NHTSA rates the Toyota Camry with 5 stars
The 2015 Toyota Camry has been rated with a 5-star safety rating by the NHTSA during the latest crash test ...
Mercedes-Benz S600 Guard tweaked by TopCar
The Russian aftermarket specialists from TopCar have officially unveiled their second Mercedes-Benz S600 Guard, which has been fitted with numerous ...
[VIDEO] Lamborghini Gallardo goes drifting on a dirt road, Gymkhana style
A Lamborghini Gallardo drifting and doing donuts on a dirt road is not something you see on a daily basis. If ...
Porsche 911 Turbo Cabrio gets updated by Vilner
Famous Bulgarian tuner Vilner has worked its magic once again, this time on a Porsche 911 Turbo Cabrio. Owning a Porsche ...
2016 BMW X1 caught on the open road
BMW is currently working on a new generation of the X1 as the model in question has been spotted recently, ...
New-gen Skoda Superb spied once again
The Skoda Superb, in its upcoming generation, has been caught on camera once more, by our spy photographers. The 2016 Skoda ...
Ferrari F40 replica for sale
A replica of the iconic Ferrari F40 is currently being offered for sale as its new owner will have to ...
2016 Opel Astra rendered
The future generation of the Opel Astra is getting ready to be unveiled, sometimes next year, but until that will ...
2015 Citroen C4 goes official
Citroen has updated the C4 with some minor tweaks for the 2015 model year as the popular hatchback will go ...
[Videos] Ever wondered what an autonomous car sees?
Sooner or later, self-driving cars will become the norm when discussing about the auto industry. Although it still looks very ...
Ford plans AWD Focus RS and F-150 SVT Raptor for Detroit
Ford is looking to introduce an all-wheel drive version of the Focus RS, along with the F-150 SVT Raptor, at ...
Study claims EVs could further worsen global warming issues
According to a new report coming from the University of Minnesota, those thinking about buying a battery-operated vehicle because it ...
2015 Mercedes-Benz CLA gets price increased in the U.S.
The 2015 Mercedes-Benz CLA has become more expensive than one of its main rivals, in the United States, the Audi ...
Ferrari seeks further expansion outside auto industry
The Italian brand’s impressive supercars and title-bringing Formula One cars have created a legendary aura for the automaker and the ...
[VIDEO] Autocar drives the new Land Rover Discovery Sport
The newest addition to Land Rover’s lineup, the Discovery Sport, has been driven recently by Autocar. JLR has added a brand ...
[VIDEO] Check out the BMW M4 Convertible on the drag strip
A recent video with the BMW M4 Convertible is showing the German performance vehicle on a drag strip, doing a ...
BMW lets you summon your car by using the smartwatch
The Consumer Electronics Show early next month has become a growing venue for automakers looking to wonder with their latest ...