German supplier Schaeffler said it had refinanced around €3.5 billion ($4.9 billion) worth of debt, including new bond issues of around €2 billion, as borrowing costs approach record lows in Europe.
Daily Archives: May 8, 2014
UK New car sales rise 8.2 per cent in April
New car registrations rose by 8.2 per cent in April, marking the 26th consecutive month of growth. The data from the SMMT shows the Ford Fiesta continues to be the UK’s most popular car, with 10,250 registrations in April – 51 per cent more than any other model.
Rezvani Beast revealed, based on the Ariel Atom
California based Rezvani Motors has unveiled the Beast – a new lightweight, high-performance sports car based on the Ariel Atom.
Turkish auto sales collapsed 28% in April
Turkish vehicle sales fell 28 percent in April to 53,305, data from the Automotive Distributors’ Association (ODD) showed.
