By on October 9, 2014

2014 Aston Martin Vanquish

Aston Martin saw its pretax loss fall by a third in 2013 to £25.4 million ($41 million) over the same period in 2012.

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By on January 28, 2014

opel-cascada-cabriolet-2013-001-1350468054

Appearing before Opel’s best and brightest in Germany, General Motors CEO Mary Barra proclaimed her company’s European brand, though unprofitable, is a vital one for the General.

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By on November 25, 2013

2013 Volkswagen Beetle Convertible 70s, Exterior, Side 3/4, Picture Courtesy of Alex L. Dykes

With plans to give the world more of their wonders, such as the XL1, Twin Up! and Jetta, through 2018, Volkswagen has opted to shield their product spending from cost-cutting.

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By on December 20, 2009

Rest In Peace. Picture courtesy peacetek.net

Sweden’s prime minister Fredrik Reinfeldt had his fill of failed negotiations. Returning home from round-the-clock talks at the Copenhagen climate conference, he said that he saw the Saab collapse coming. Sweden’s prime minister is “unsurprised” by the collapse of the sale, says Reuters.  Asked if he was surprised, Reinfeldt  said: “No, the process was built around a loss-making company and an American owner that owned Saab for 20 years and made a profit in one of the 20.  It’s clear that it was not successful enough.” Sweden’s head blames GM for the failure.
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