BERLIN (Dow Jones) – The U.S. car manufacturer General Motors (GM) has to redress its subsidiary Opel an application for State Aid about EUR 1.5 billion provided in the federal government. This was confirmed Economics Minister Rainer Brüderle (FDP) in Berlin on Tuesday. Overall, GM has the clean-up costs for the European [...]
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WIESBADEN (AFX) – Prime Minister of Hesse, Roland Koch (CDU) has acquired the Opel parent General Motors (GM), a higher Contribution to the restoration of the Rüsselsheim car manufacturer required. "We’ll today for GM Europe Opel concept presented Watch very closely, "said Koch on Tuesday in Wiesbaden. "For the consideration of the application for state [...]
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TOKYO (Dow Jones) – The latest product problems and Recalls at Toyota now jeopardize the rating of the Car manufacturer. The rating agency Moody’s downgraded the priority on Tuesday unsecured debts of Toyota Motor Corp. ( "Aa1") to Watch list for possible downgrading. In support of the agency pointed out that the [...]
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Toyota Prius is possible to model global recall because of problems with the brakes. That says that the news agency Reuters quoted sources in Japan.
Toyota will not comment on the message, but says it will clear very quickly what happened to the Prius is about to happen. The expectation is that Toyota [...]
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Michael Macht sees growth opportunities for Porsche. Source: Reuters
Duisburg. Michael Macht glosses over nothing: "The German auto industry is actually in a horrible year," picks up on the Porsche boss an estimate of the auto industry experts Ferdinand Dudenhoeffer from the University of Duisburg-Essen. Therefore the sales slumps in the crisis year of 2009 are [...]
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