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Deloitte interviews 677 'millenials,' concludes they're broke
Mon, 20 Jan 2014Until artisanal, sustainable, locally sourced craft-beer bars can upend themselves from their Brooklyn brownstones and directly to your Park Slope loft entrance, it turns out that today's youthful generation will still need to buy cars to get places. In fact, they might even be picky about what they spend time in, which means that young people, even "millennials," are doing research on cars and forming their own opinions as smart consumers. Hey, doesn't that sound familiar?
First Sight: Renault Clio
Fri, 17 Jun 2005The Clio is perhaps the most successful and certainly the longest standing model of the Renault range and this is the new third-generation version of this European market small B-sector hatchback. When the first generation Clio replaced the Renault 5 in 1990 it was the smallest car in the Renault line up, now the Clio is one of a small range of similarly-sized Renault models all based off the same platform shared with the Nissan Micra/March and Cube. Specification The Clio will be launched first as a three-door with the five-door to follow, and will be available with a choice of petrol 1.2-litre (75hp), 1.4-litre (98hp) and 1.6-litre (113hp), and a 1.5-litre dCi diesel engine in a choice of three power outputs: 70hp, 86hp and 106hp.
PSA Peugeot-Citroen: Factory closures & 8,000 job losses planned
Fri, 13 Jul 2012PSA Peugeot Citroen has revealed it is to close one factory, cut job numbers elsewhere and shed a total of 8,000 jobs as demand for its cars dwindles. When we reported last year that Peugeot Citroen were planning to idle their plant in Trnava, Western Slovakia we said that this was just the tip of the iceberg for Peugeot Citroen, and that they would have to take far more drastic action if they were to survive. They must have been listening.