Europe

GM and Ford Should Exit Europe

Want to see GM's stock price recover to something closer to the IPO price or - gasp - closer to the price at which Treasury would actually break even on its bailout of GM?...

Ford Shows How Expensive It Is To Close a Plant In Europe

Popular wisdom in the car business is that it's impossible to close underutilized assembly plants in Europe.  Dozens of plants were closed in the U.S. over the past 10 years, and...

Ford Wants U.S.-E.U. Free Trade Agreement, Mutual Vehicle Standards

Talk about a company's dream come true:  Ford and its fellow U.S.-based automakers are lobbying Congress in favor of a proposed Europe-U.S. free trade agreement.  No surprises...

Renault To Revive Alpine Brand Via JV With Caterham

Brands come and go all the time across the automotive landscape.  Heck, ABARTH part of the Fiat 500 ABARTH that we reviewed last week was itself a resurrected brand just a few...

PSA/Peugeot-Citroen To Close French Auto Plant

For the past decade or two, folks in North America - particularly in the US and Canada - have watched all automobile manufacturing plant after plant being shuttered, particularly...

GM’s Much-Needed Opel Restructuring Tries Too Hard, Does Too Little

GM has an enormous problem in Europe.  Namely, GM Europe is losing money, has been losing money, and will continue to lose money for years.  Over the past three years since GM...

Chrysler, Ford Show Strong Financial Results

Yesterday, Chrysler Group LLC reported net income of $473 million USD for the first quarter of 2012.  This was a gain of 407 percent over the $116 million USD net income that...