Q2 earnings - it could have been worse
FRANCE: Renault braces for tough times
Renault has announced a stronger than expected first half operating margin of 4.1% versus 3.5% in the same period of…
GERMANY: Daimler blames Chrysler for Q2 earnings drop
Though revenue rose 6% to EUR25.4bn and unit sales were up 10% to 566,500 cars and commercial vehicles, Daimler net profit…
US: Ford converting truck and SUV plants to small cars
Ford on Thursday said it would add six European small vehicles built on its global B-and C-car platforms to its…
US: Special charges plunge Ford $8.7bn into red in Q2
Pre-tax special charges of US$8bn, including impairments of $5.3bn for Ford North America assets, and $2.1bn for Ford Motor Credit Company's operating…
GOLDING’S TAKE: Fiat spares no quarter and holds the forecasts
Sergio Marchionne, the chairman of Fiat, is the best presenter in the motor industry. He is dramatic, he is articulate,…
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GOLDING’S TAKE: VW now stands for…very well, thank you
Volkswagen is out of its bad period. Corruption, shareholder shenanigans, poor quality cars are yesterday’s news. The company has been…
GERMANY: VW, Fiat, beat expectations
Volkswagen and Fiat – like PSA earlier – both posted better than expected results on Wednesday due to cost cuts, allowing…