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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
Test Drive: Mercedes-Benz GLA 220 CDI
The Mercedes compact family has a new member – the adventurous GLA crossover. That means the lower-end of the luxury ...
The Nurburgring has a new owner – Viktor Kharitonin
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Mazda2 Sedan going to Thailand Motor Show
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Mercedes-Benz CLA Shooting Brake spied once more
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Mercedes-Benz GLE Coupe caught on camera
Our spy photographers have caught on camera recently the brand new Mercedes-Benz GLE Coupe while it was being tested out. The ...
Meet Karl – Opel’s new entry-level city car
The German based automaker Opel is planning to introduce a new five-door entry-level city car, called Karl, sometimes next year. Opel ...
Recall roundup: Fiat Chrysler Automobiles’ vans and SUVs for two separate problems
Fiat Chrysler Automobiles has announced two separate recalls which are covering several vans and SUVs in the United States because ...
Hyundai milestone: 10 million Elantras sold
The South Korean based automaker Hyundai has officially announced the selling of over 10 million units of the popular Elantra ...
Mercedes-AMG GT is almost sold out for 2015 and 2016 model years
The Mercedes-AMG GT has been almost sold out across the globe for the 2015 and 2016 model years. Even if it ...
Recall roundup: Ford Edge and Lincoln MKX
Ford has issued a recall for several Edge and Lincoln MKX vehicles because of a problem with corrosion. The North American ...
BMW M4 Special Edition GTRS4 by Vorsteiner going to SEMA
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Another Ferrari LaFerrari is up for sale
Another unit of the impressive Italian hybrid supercar Ferrari LaFerrari is up for grabs, this time in the United Arab ...
Takata debacle puts GM’s mishaps under the shade
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2015 Ford Everest to be unveiled in November
The North American based automaker Ford is planning to officially pull the wraps off the 2015 Everest in mid-November. The 2015 ...
Three new Scion Concept cars going to SEMA
Scion has announced its plans to introduce no less than three new concept cars at the upcoming 2014 SEMA Motor ...
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US: Dodge restarts production of the 2014 Viper SRT
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