Archive for April, 2009

Details of Chrysler bankruptcy deal revealed

Posted on April 30th, 2009 by In51der

BBC News reports the details of US carmaker Chrysler’s bankruptcy protection deal and it’s alliance with Fiat. US President Barak [...]

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Chrysler ‘to enter bankruptcy protection’

Posted on April 30th, 2009 by In51der

The inevitable has happened and Chrysler is to now enter bankruptcy protection after failing to persuade a number of hedge [...]

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US could take majority stake in General Motors

Posted on April 30th, 2009 by In51der

Autowired is reporting that The United States Government could take a majority stakeholding in struggling General Motors in an aggressive [...]

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Chrysler on the brink

Posted on April 30th, 2009 by In51der

BBC News reports that Chrysler is just hours away from a deadline that could force it to file for bankruptcy [...]

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Valuing trade-ins by the book, but which book?

Posted on April 30th, 2009 by In51der

The motor trade use a variety of methods to arrive at car valuations, two of them being The Glasses Guide [...]

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LDV Vans apply for administration

Posted on April 29th, 2009 by In51der

The directors of beleaguered vanmaker LDV have applied for administration, raising fresh fears that hundreds of workers will lose their [...]

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General Motors stick by Vauxhall

Posted on April 29th, 2009 by In51der

General Motors has no plans to scrap its Vauxhall brand, says CEO Fritz Henderson. Responding to questions about Vauxhall’s future, [...]

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Used car activity slows down, but is this just the norm?

Posted on April 29th, 2009 by In51der

This week the auctions we visited have seemed somewhat quieter than of recent times, and as we have said before [...]

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Mercedes first quarter sales down 27 percent

Posted on April 28th, 2009 by In51der

Germany’s Daimler has reported a loss for the first three months of 2009, after a big fall in the sales [...]

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Fiat linked with Vauxhall/Opel

Posted on April 28th, 2009 by In51der

The Daily Mail reports that Fiat may consider taking over Vauxhall. Sergio Marchionne, who runs the Italian car maker, said [...]

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The Motor Trade Rich List

Posted on April 28th, 2009 by In51der

With the recently published Sunday Times Rich List showing more losers than winners this year we thought it would be [...]

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Daimler will give up its Chrysler stake

Posted on April 28th, 2009 by In51der

BBC News reports that German carmaker Daimler has reached a deal to give up its 19.9% stake in Chrysler, the [...]

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Honda report massive profit drop

Posted on April 28th, 2009 by In51der

Honda has reported a 77% fall in annual profits after a big decline in sales. In the year to 31 [...]

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VW well placed for global domination

Posted on April 28th, 2009 by In51der

In an effort to convince the US government that they can slim down and compete in the changing world market [...]

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General Motors announce more cutbacks and the end of Pontiac

Posted on April 27th, 2009 by In51der

General Motors are planning to axe US dealerships by a further 42 percent to 3,600 and accelerate job cuts as [...]

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VW considers move for Porsche

Posted on April 27th, 2009 by In51der

The Financial Times reports that Volkswagen is considering an audacious bid for Porsche’s automotive business, in another extraordinary twist in [...]

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Chrysler reaches cost-cutting union deal

Posted on April 27th, 2009 by In51der

BBC News reports that Chrysler has reached an outline cost-cutting deal with its main US union as it continues efforts [...]

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Don’t be seduced by the monthly payment

Posted on April 27th, 2009 by In51der

With car dealers striving to establish and maintain profit centres, car finance is the latest buzz phrase in the business. [...]

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More bail-out cash for General Motors

Posted on April 27th, 2009 by In51der

BBC News reports that General Motors (GM) has received another $2bn (£1.4bn) in loans from the US Treasury, it has [...]

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Ford Europe and Volvo report first quarter losses

Posted on April 26th, 2009 by In51der

Automotive News Europe reports that Ford’s European operations and its Swedish unit Volvo both lost money in the first quarter. [...]

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When big is beautiful

Posted on April 25th, 2009 by Mark Antony

I have never been one for small cars personally; I never have, and never will own one. It’s not that [...]

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Ford results better than expected

Posted on April 24th, 2009 by In51der

BBC News reports Ford has achieved better-than-expected results for the first quarter of 2009 and says the carmaker does not [...]

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51.3 percent drop in UK car production

Posted on April 24th, 2009 by In51der

BBC News reports that the number of new cars produced in the UK fell by more than a half in [...]

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Sales people need to read the manual first

Posted on April 24th, 2009 by In51der

One of the positives which will hopefully remain once this downturn eventually recedes is that the showroom experience might be [...]

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Fiat losses better than expected

Posted on April 23rd, 2009 by In51der

Automotive News Europe reveals Fiat Group Automobiles are reporting a lower-than-expected first quarter loss today. The company swung to a [...]

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