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GM axes deal with Peugeot Citroen: how it helps Vauxhall
Sat, 14 Dec 2013Wolfgang Rattay, Newscom, RTR Strange as it sounds, the sale of GM’s 7% share it only just bought in Peugeot is good news for Vauxhall buyers. The reason is that it is the last stage of GM’s plan to improve the plight of Opel and Vauxhall by getting rid of all the distractions and focusing on improving the cars and the marketing. The Peugeot move has to be seen in the context of GM pulling Chevrolet out of Europe only a few weeks ago.
September sales hint at improvement
Tue, 04 Oct 2011A 10 percent increase in new-vehicle sales in September is sparking optimism that the year will have a strong finish. And analysts say that deals might get better over the next few months as Toyota and Honda finally recover from shortages caused by the earthquake that hit Japan in March. Those brands might increase spending on incentives to woo buyers back into their showrooms.
Didn’t The Bentley Boys Do Well?
Mon, 16 Dec 2013AS Bentley gears up for a fulltime return to the racetrack, the weekend saw the Crewe-based luxury car maker score a solid fourth place overall at the Gulf 12 Hours of Abu Dhabi. Approached as a dress rehearsal ahead of the team’s attack on the 2014 Blancpain Endurance Series, the three driver-strong outfit achieved a creditable third and fourth place finishes in the two six-hour races at the Yas Marina circuit. The race programme – the first factory-backed activity since its 2003 Le Mans win – sees the firm use a Continental GT producing 600 horsepower in competition trim.