Tag Archives: Brexit

Jaguar Land Rover Largest Automaker in Britain

How this works out under Brexit rains to be seen. The importance of the UK market varies substantially for different automakers. Jaguar Land Rover, Honda and Ford have “strong exposure to risks,” says LMC. Continue reading

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Win, Win? GM to Sell Opel to PSA

The combined volume of the groups could exceed current second-placed Renault-Nissan but would still be well short of market leader VW group. Continue reading

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Nissan to Start Autonomous Vehicle Tests in London

One in three cars built in the UK is a Nissan, but following the Brexit dustup (Brexit Automaker Winners, Losers – Predictable and Surprising, ‘Bloody Hell,’ What Does Brexit do to Automakers?), it’s not clear Nissan will stay in the UK. Continue reading

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General Motors President Daniel Ammann Sells 10,000 Shares

While GM execs have been trying to talk up the stock price, the trading record is much less optimistic. The range of share prices peaked at more than $40 per share in December of 2013, but has been languishing in the $35 range recently. Continue reading

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Penske Automotive Reports Record Q3 Results

Our business continued to perform well in the third quarter, producing another quarter of record results despite the translation effects from foreign currency headwinds,” said Penske Automotive Group Chairman Roger S. Penske. Continue reading

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Brexit Automaker Winners, Losers – Predictable and Surprising

To state the obvious, new investment in the UK – expansion of current manufacturing or new capacity – for manufacturers with viable alternatives in the EU appears unlikely until the current uncertainty diminishes. This economic chaos could last for years. Continue reading

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‘Bloody Hell,’ What Does Brexit do to Automakers?

The uncertainty does not bode well for Ford Motor Company or General Motors, both with struggling European operations. Both were ashen silent today. Continue reading

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