Worst January since 1990 for EU carmakers February 19, 2013 NEW CAR registrations in the EU collapsed to their lowest January level since 1990 last month, dealing the union’s carmakers a drubbing. Peugeot Citroen, Ford, Fiat, Toyota, Volvo, Suzuki and Mitsubishi suffered double digit falls in sales between already-poor January 2012 and January 2013, figures revealed yesterday, as Europe’s economic troubles clobbered one of its [...]
Car sales rev up as registrations rise for the 11th month in a row February 6, 2013 THE UK’S resurgent car-buying market shows no sign of slipping down a gear in 2013, having recorded its 11th straight month of growth in January. New car registrations jumped 11.5 per cent last month compared to the same time a year earlier, with 143,643 vehicles registered. The Society of Motor Manufacturers and Traders (SMMT), which [...]
Ireland sweat on centre pair February 5, 2013 IRELAND are giving injured centres Gordon D’Arcy and Keith Earls maximum time to prove their fitness for Sunday’s RBS Six Nations visit of England. D’Arcy suffered a dead leg and Earls a shoulder problem during Saturday’s 30-22 victory in Wales, and team manager Mick Kearney admitted both were still recuperating. “Gordon suffered a nasty dead [...]
What the other papers say this morning February 4, 2013 FINANCIAL TIMES Whitehall departments face big cuts Several government departments will have lost more than £3 in every £10 they once had available for spending, by the time of the next election, according to Financial Times research. SGX in talks over LCH.Clearnet stake SGX, the Singapore stock exchange, is in discussions about taking a stake [...]
And if that doesn’t take your fancy… February 4, 2013 Ford Fiesta Titanium 1.0T EcoBoost, £16,045 It’s Britain’s best selling car for a reason. The Ford Fiesta is a great all-rounder and considered to be one of the most fun superminis to drive. It’s also sharp-looking and offers a good combination of attributes. The latest model is available with a three-cylinder 123bhp 1.0-litre EcoBoost engine, [...]
Ford loses grip in Europe and predicts worse trading in 2013 January 29, 2013 STALLING car sales in Europe dragged US motoring giant Ford down last year, and the company said it expects conditions to get worse in 2013. Ford made a pre-tax loss of $1.75bn (£1.1bn) in Europe last year as revenues in the region fell by a fifth. It said it forecasts a $2bn loss on the [...]
US investors buy defensive sectors’ stock January 29, 2013 US stocks advanced yesterday, led by defensive sectors, in a sign the cash piles recently moving into the market are being put to use by cautious investors to pick up more gains. S&P 500 is on track to post its best monthly performance since October 2011 and its best January since 1997 as investors poured [...]
The sporty but sensible Mazda 6 January 29, 2013 With the price of fuel about to go up again, it’s no surprise so many of us now consider fuel economy one of the most important considerations when buying a new car. It’s the latest front to open up in the battle to attract car buyers and Mazda has made a massive effort to ensure [...]
What the other papers say this morning January 20, 2013 FINANCIAL TIMES AllianzGI to launch UK building fund Allianz Global Investors is to launch a pioneering infrastructure debt fund in the UK – the first of its kind – to help build schools, hospitals and roads in a landmark initiative designed to create jobs and stimulate the faltering economy. Tax crackdown to target middle class [...]
Business split over Britain’s future in the EU January 20, 2013 THE LEADER of the British Chambers of Commerce yesterday warned City A.M. that multinational companies may not have Britain’s national interest at heart when discussing the UK’s future relationship with the EU. “For business leaders involved in multinationals the British interest may be secondary, as Britain is a gateway for accessing the common market,” John [...]