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“..a business still losing market share and has been under-depreciating” - General Motors Europe cut its losses in the second quarter, but its progress towards financial health still looks strewn with obstacles GM’s Opel-Vauxhall cut its losses to $110 million in the second quarter from $394 million in the same period of 2012, and the company said this keeps it on target to hit its goal for the year of a loss slightly less than 2012’s $1.8 billion red number. This might not look very good until you remember that Opel and Vauxhall have lost $18 billion since 1999...more MORE LIKE THIS: Renault’s good 1st half effort wiped out by steep Iran sanction damage 02 Aug 2013 Budget brands all the rage 18 Jul 2013 W-Europe's June car sales down just 6.2%
18 Jul 2013 |
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