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BMW finance executive expects positive results in 2015


The German automaker, the world’s largest premium carmaker, has been ruling over the segment for several years, but every month competition with Audi and Mercedes-Benz is intensifying. That means over the year, while the BMW managed to edge ahead of its rivals, the sales gap between the three luxury “athletes” has shrunk – even as the Munich-based automaker managed to break ...
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BMW taps finance assets in China
The German automaker, the world’s largest producer of premium autos, has announced it has set up asset-backed securities of 800 million yuan (76.7 million pounds) in China. The deal is very ...
Tesla reportedly needing more loans to survive in 2013
Tesla Motors will be in a very difficult situation next year without loans from the U.S. Department of Energy, MarketWatch reports. Without the hundreds of millions of dollars received by Tesla ...
Marchionne Said Fiat Doesn’t Need Access to Chrysler’s Money
Marchionne said that Fiat does not need to access Chrysler’s cash, which currently has limits on its use. “There will have to be no covenants on the debt structure that exists ...
UK: 7.2 million drivers are racing against the GPS
Racing against the GPS devices is becoming more popular in the United Kingdom, where 7.2 million drivers admitted that they’ve pushed the gas pedal to get to their destination faster ...

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