One bad season for Manchester United has not shaken General Motors’ belief in its $559 million (€415 million) sponsorship deal with the English soccer club.
Monthly Archives: July 2014
UK Car manufacturing up 3.5% in 2014 H1
UK car production grew by 4 percent to 791,314 in the first six months thanks to new models, the Society of Motor Manufacturers and Traders (SMMT) said.
Bentley may add a fifth model after SUV launch
Bentley may add a fifth model to its product lineup, CEO Wolfgang Duerheimer said.
Bentley CEO retreats on ‘aggressive’ sales forecasts
Bentley expects to increase deliveries this year by less than previously forecast, CEO Wolfgang Duerheimer said today.
GM’s quarterly profit plunges on recall costs, higher Europe loss
General Motors posted an 85 percent drop in second-quarter net income, hurt by recall-related expenses in the United States and restructuring costs in Europe.
Costs related to GM’s unprecedented spate of safety recalls, along with special items, sliced GM’s net income for the April-June period by about $1.5 billion net of taxes, down to $190 million, from $1.26 billion in the year-earlier period.
