/

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
Paris Motor Show LIVE: Peugeot Exalt Concept
Peugeot has brought its Exalt Concept to the Old Continent, where it was unveiled at the 2014 Paris Motor Show, ...
Paris Motor Show LIVE Peugeot 208 GTI 30th Anniversary
After officially pulling the wraps off its body and then releasing more images with it, the Peugeot 208 GTI 30th ...
Paris Motor Show LIVE: Citroen C4 Cactus Airflow Concept
The French automaker has debuted live during this year’s Paris Motor Show the C4 Cactus Airflow Concept, a prototype that ...
Paris Motor Show LIVE: Citroen C1 Urban Ride Concept
The French based automaker Citroen has officially presented to the public, during the 2014 Paris Motor Show, the brand new ...
Paris Motor Show LIVE: 2015 Volvo XC90
The new generation of the Volvo XC90 has been officially presented to the public at the 2014 Paris Motor Show, ...
Typhoon threatens Japan GP
Oct.2 (GMM/Inautonews.com) Mother nature is threatening to interfere with this weekend's running of the Japanese grand prix. Already this week, ...
Report – Berger to replace Dennis at McLaren?
Oct.2 (GMM/Inautonews.com) Ron Dennis' future in charge of the McLaren team is once again in doubt, the German publication ...
Caterham hits back after bailiffs seize F1 equipment
Oct.2 (GMM/Inautonews.com) The signs are growing stronger that Caterham may not make it to the end of the 2014 ...
Mercedes admits ‘no peace’ between warring drivers
Oct.2 (GMM/Inautonews.com) Toto Wolff has admitted tension between Mercedes' title-warring teammates is inevitable over the decisive final five races ...
Honda set for McLaren driver talks at Suzuka
Oct.2 (GMM/Inautonews.com) McLaren will not be making a driver announcement this weekend at Suzuka. With speculation about his future rife, ...
[VIDEO] Euro NCAP: 5 stars for the Mercedes-Benz V-Class and Nissan X-Trail
The new generation of the Nissan X-Trail, along with the Mercedes-Benz V-Class, have scored a total of 5 stars at ...
[VIDEO] Euro NCAP: Citroen C4 Cactus scores 4 stars
The Citroen C4 Cactus, the newest edition to the European range of the company, has managed to score just four ...
Mercedes-Benz MLE facelift spied
An updated version of the Mercedes-Benz MLE has been caught on camera while it was being tested out on the ...
Honda Civic Type R caught on camera
The upcoming hot hatch made by Honda, the Civic Type R, is currently being tested out in Southern Europe and ...
Who’s going to steal the spotlights at the Paris Motor Show?
Marred by all the financial data and business strategy games we’ve been telling you about, you might be expecting just ...
Facelifted Porsche Cayman spy shots
The facelifted version of the Porsche Cayman has been caught on camera at the Nurburgring where it was being tested ...
Seat Leon ST Cupra spied
A new version of the Seat Leon ST, the Cupra, has been recently spotted out while it was being tested ...
Volkswagen Passat Alltrack planned
Volkswagen has announced its plans to introduce an Alltrack version of the new generation Passat, which will go on sale ...