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CAR scoop: GM's $13 billion gamble (2013)
Mon, 30 Sep 2013By Ben Whitworth Motor Industry 30 September 2013 09:45 GM Europe has racked up enormous losses every year since 1999; in 2012 it bled $1.8 billion while GM North America earned $6.9 billion before tax. Yet the Detroit mothership continues to pump billions into its European division, like a deluded gambler convinced his luck will change. Max Warburton, automotive analyst at Wall Street researcher, Sanford C.
Monthly sales projected to rise 15 percent, J.D. Power says
Wed, 23 Dec 2009December is shaping up to show the U.S. industry's strongest year-over-year sales increase of what's been a dismal 2009. Expect a 15 percent spike in new vehicle sales in December, powered by a retail surge, according to projections released today by industry forecaster J.D.
60% of drivers say no to more cyclist protection – survey
Fri, 13 Dec 2013A MAJORITY of drivers believe that they should not change the way they drive despite a series of cyclist deaths on the roads of the capital, according to a survey carried out by Motorpoint. Over 1,700 respondents answered the poll on the vehicle retailer’s website, with 60.5% of those declaring that their driving standards did not need to be improved in order to better protect cyclists. The Government’s response was to launch Operation Safeway, which included officers stationed a busy and dangerous junctions in London and an increase in on the spot fines for poor behaviour by drivers and riders alike.