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Spyker gets financing to close Saab deal
Feb. 9 06:01 CET
Spyker has secured the financing to close its purchase of Saab from GM, but still has not secured the funds for a required subsequent payment. Spyker said it entered into a $25 million convertible loan agreement with Heerema Holding but is still working on financing for a final $24 million cash payment under the terms of the deal, which is due July 15. Read More » Comments [0] | Recommendations [0]
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Feb. 9 06:01 CET
Mexico could produce up to 130,000 Fiat 500s a year, seen as key to the recovery of Chrysler in the United States, with a $550 million investment, Fiat CEO Sergio Marchio ...
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Profiting from stupidityEveryone knows that texting is dangerous. That hasn't stopped some people from putting themselves and others at risk. But where there is stupidity there is the potential for profitability for fast-moving suppliers. Read More » |
Being No. 1 is not Winterkorn's real aim for VWCan Volkswagen overtake Toyota as the world's biggest automaker by 2018? Probably not. But that's not the real aim of VW CEO Martin Winterkorn. Read More » |

Former Nissan Europe sales boss promoted to head Brazilian ops
PEOPLE ON THE MOVE: Former Nissan Europe sales boss Christian Meunier will move from the U.S. to head the automaker's Brazilian operations, effective April 1. Read More »Protectionism is understandable, but useless
COMMENTARY: If anyone thought trade protectionism died when the Japanese started building auto plants outside Japan, welcome to 2010. As economies around the world reel from job losses, protectionism is back in vogue. Read More »Data Center
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Estimated Europe registrations by country, 12 mos.
This Estimated Europe registrations by country, 12 mos. data is available within our Data Center as a PDF download.
Estimated Europe registrations by make, Dec. & YTD
This Estimated Europe registrations by make, Dec. & YTD data is available within our Data Center as a PDF download.
Estimated Europe registrations by make, Nov. & YTD
Sample data:
| Nov. | 11 mos. | |||||
| Nov. | Nov. | percent | 11 mos. | 11 mos. | percent | |
| 2009 | 2008 | change | 2009 | 2008 | change | |
| Volkswagen division | 136,025 | 112,055 | 21% | 1,530,851 | 1,460,335 | 5% |
| Audi | 50,989 | 50,820 | 0% | 572,093 | 617,551 | -7% |
| Seat | 25,850 | 21,716 | 19% | 294,847 | 315,536 | -7% |
| Skoda | 35,647 | 28,410 | 25% | 446,748 | 432,274 | 3% |
| Other | 101 | 151 | -33% | 1,935 | 3,452 | -44% |
| VOLKSWAGEN AG | 248,612 | 213,152 | 17% | 2,846,474 | 2,829,148 | 1% |
Car Cutaways
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CAR CUTAWAY
Gentex, Mando help keep Kia Soul safe
12:01 am U.S. ET | Feb. 7
The Kia Soul, which was introduced in 2009, has performed well enough in safety tests to earn a top score of five stars from EU-supported, independent car-testing organization EuroNCAP and be named a Top Safety Pick by the U.S. Insurance Institute for Highway Safety.... Read More »
Weekly Newsletter
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Opel and its unions vie for upper hand in restructuring
Feb. 7 06:01 CET
Opel is arm-wrestling with workers over a restructuring plan, with labor accusing managers of sneaking in extra job cuts as they race to get the plan signed before cash runs out. An independent audit of the business due this week marks a step toward securing financing.... Read More »
- ANALYSIS: Toyota stumbles but its 'kaizen' cult endures
- Suppliers make gains in Q4; automakers, retailers fall
- Is BMW on road to recovery?
- EU transportation boss wants Europe auto policy
- With Volvo, China eyes M&A abroad to win at home
- Renault to post 2009 loss -- Financial analysts expect Renault to post a net loss of 2.6 billion euros ($3.8 billion) for 2009 when it announces its full-year results before market hours. -- Feb. 11
- VW to unveil new Touareg -- VW will reveal details of its second-generation Touareg ahead of the SUV's debut at the Geneva auto show next month. The new Touareg likely will have a new front-end design, lighter weight and will be offered with a hybrid powertain. -- Feb. 10
- Saab, Spyker to get new name -- Shareholders at Spyker Cars’ annual meeting will be asked to rename the company Saab Spyker Automobiles NV after the Dutch sports car maker agreed to buy Saab from General Motors in a deal expected to close Feb. 15. -- Feb 12
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