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GM is confident pn the European rebound


Years of economic incertitude took the car industry to a two-decade low, but now the rebound has finally grasped the European region, even as political instability plagues Ukraine and Russia. During the announcement for the second-quarter profit earnings, GM also talked about its ailing European business, reiterating its previous goal to return to profitability in Europe "by mid-decade." The ACEA European ...
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More rebound articles

US: strong automotive sector buoys entire economy
As almost all automakers selling cars in the US reported better than expected sales, the promising outlook seems to cast a positive light on the outlook for the wide-economy, which ...
US: analyst disputes recovery, says sales are just now rebounding
Itay Michaeli, an automotive analyst for Citi Investment, offered an assonant view of the US auto industry. On average, automotive sales have rebounded 10% annually every year for the last four ...
China sales go up in the first nine months
China’s passenger-vehicle sales last month climbed the most since January helped by a recovery in economic growth and rebound in demand for Japanese brands. The fastest pace of auto sales in ...
October US car sales to rebound after government shutdown
As analysts forecast a sales rise this month, it seems the turmoil created by the government shutdown – and the subsequent impact on consumer confidence hasn't ultimately impacted car sales. Kelley ...
Auto Sales in Europe Expected to Slightly Rebound in 2014
Analysts expect auto sales in Europe to increase by 3% in 2014, due to increased consumer demand. “We do expect a bit of a dead-cat bounce,” Goldman Sachs automotive analyst Patrick ...
Automakers and analysts disagree on Europe’s sales rebound
European passenger car sales have been on a dry streak for the past six years and as always analysts and automakers try to see the light at the end of ...
Nissan Expects Sales in China to Rebound in Three Months
Nissan said it expects sales in China to rebound in the following three months, as sales for Japanese vehicles begin to recover. “We’ve seen growth in retail year on year in ...
January Reports Offer Little Hope of Recovery in Europe
Last month new-car sales in western Europe fell 9.5% to 851,547 units, implying a tough year for auto sales on the continent. “Challenges for the industry in the region remain significant,'' ...
Bosch Predicts Sales Will Rebound in 2013
Although Bosch’s auto division reported record global sales of 30.9 billion euro, up 1.7%, last year, it still missed the 2012 target by 600 billion euro. Bernd Bohr, the auto division ...

latest automotive news
2016 CT6 Cadillac gets streaming rearview technology
The streaming video rearview technology will expand the driver’s vision in the upcoming 2016 CT6, eliminating any rear seat, rear ...
US: Ally gets out of 6 years bailout
Ally Financial Inc. stated that it would finally resolve its bailout after the U.S. government will sell the last $1.25 ...
Daimler puts aside €600 million for EU antitrust investigation
The Germany-based company, Daimler, stated on Thursday it is putting aside 600 million euros to cover any potential costs that ...
Renault-Nissan and AvtoVAZ merge into Russia’s biggest auto parts buyer
AvtoVAZ and the Renault-Nissan alliance will come together in terms of purchasing activities in Russia. The merged unit will now ...
Report – Volkswagen will meet its 2017 cost-cutting goal
Volkswagen CEO, Martin Winkerton, has said according to a source that the carmaker is on the right track to reach ...
GM’s bankrupt predecessor helps customers get the $10 billion compensation
General Motors customers gained a new friend in their run for the compensation worth $10 billion. The automaker’s bankrupt predecessor ...
F1 to have new engine rules in 2016 – report
Dec.19 (GMM/Inautonews.com) F1 is now speeding towards yet another new set of engine regulations. On Thursday at a Geneva meeting ...
GM and Jaguar Land Rover stopped deliveries to Russia
In response to the slide in the rouble’s value, automakers, General Motors and Jaguar Land Rover included, decided to stop ...
Uber wants to patent its gouging prices
While critics accuse Uber of price gouging over the high fees asked in Sydney for the people who were fleeing ...
Ford closes Genk Plant in Belgium
With a production of around 14 million cars over the past 50 years, Ford shut the doors of its plant ...
Price of U.S. gas reaches under $2.50 a gallon
U.S. drivers are paying less than 2.50 dollars a gallon at the gasoline pump for the first time in more ...
Toyota will invest $126M to expand powertrain operations
Toyota announced today that it will invest $126 million in the expansion of its powertrain operations in Ann Arbor and ...
Spyker declares bankruptcy
On Tuesday, Spyker, the Dutch sportscar maker which owned Saab, was declared bankrupt when not succeeding to secure a loan ...
Mazda readies seven tuned cars for its home Tokyo Auto Salon
The Japanese automaker has prepared seven tuned models, all of them scheduled to make their official public debut during the ...
Audi tells us that Q7’s 3D sound systems are the best around
The German automaker, the second largest premium auto manufacturer in the world, keeps giving us more details about its second-generation ...
[Video] Winner of the Land Rover challenge survives an encounter with the wild thanks to Bear Grylls
It’s impossible for a modern day human to not have at least heard of the formal Special Forces turned wilderness ...
[Video] Chevrolet continues to tease us with the 2016 Volt’s first interior footage
Mark Reuss is that very lucky guy to be able to test-drive any GM car before it’s launched. His latest ...
US: Hyundai to premiere new infotainment system during CES
We said it countless times before, and here’s another example that supports our opinion: automakers are increasingly using technology fares ...