Posts Tagged ‘European Auto’

Dec 22, 2009

GM plant cuts will only dent European production overcapacity

GM’s drive to revamp its Opel/Vauxhall operations will only make a small dent in the European auto industry’s overcapacity.

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Nov 3, 2009

Dura eyes suppliers, sees consolidation

Dura Automotive Systems Inc. is looking at acquiring the assets of an Asian and a European auto parts supplier and will consider more opportunities as supplier valuations become cheaper, its CEO told Reuters today.

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Oct 20, 2009

Strong Q3 at European suppliers fails to clear outlook

European auto suppliers posted upbeat third-quarter results today as the effect of government stimulus schemes took hold, but shares wilted on a sense of growing uncertainty about prospects in 2010.

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Oct 20, 2009

European suppliers post stronger Q3 results

European auto suppliers posted upbeat third-quarter results today as the effect of government stimulus schemes took hold, but shares wilted on a sense of growing uncertainty about prospects in 2010.

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Sep 30, 2009

Ford has room to grow in U.S., Europe, Mulally says

Ford Motor Co. has room for steady growth in its share of the North American and European auto markets, CEO Alan Mulally said today. Ford, the only large U.S.

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Sep 30, 2009

Ford has room to grow in U.S., Europe, Mulally says

Ford Motor Co. has room for steady growth in its share of the North American and European auto markets, CEO Alan Mulally said today. Ford, the only large U.S.

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Feb 1, 2009

Cash burn accelerates

The accelerating cash burn by Europe’s automakers in 2009 could drive them deep into debt and put their income statements into the red. In 2007, the European auto industry held a €30 billion net cash position.

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