Bankinter and Trive join forces to buy and finance ‘online’ vehicles

Posted 09/02/2018 12: 16: 22CET MADRID, 9 Feb. (EUROPA PRESS) – Bankinter Consumer Finance, the subsidiary of Bankinter specializing in consumer credit, and the purchase application of new ‘online’ cars Trive, have teamed up to allow the sale and financing of a car on the web from start to finish, according to the assured the… Continue reading Bankinter and Trive join forces to buy and finance ‘online’ vehicles

Automobile sales will rise by 7.3% in 2018 and will exceed 1.4 million units by 2020

Posted 08/02/2018 10: 14: 44CET The current fleet of cars and jeeps will close 2018 with a volume of 23.62 million units, 2.8% more MADRID, 8 Feb. (EUROPA PRESS) – The registrations of cars and SUVs in the Spanish market will reach a volume of 1.32 million units at the end of the current year,… Continue reading Automobile sales will rise by 7.3% in 2018 and will exceed 1.4 million units by 2020

General Motors enters losses in 2017 due to Trump’s new tax reform and the sale of Opel to PSA

Posted 06/02/2018 14: 42: 54CET DETROIT (UNITED STATES), 6 Feb. (EUROPA PRESS) – General Motors (GM) recorded net losses attributable of 3,864 million dollars (about 3,131 million euros at the current rate) in 2017, compared to 9,427 million dollars (7,642 million euros) of profit obtained in the previous year, according to data published by the… Continue reading General Motors enters losses in 2017 due to Trump’s new tax reform and the sale of Opel to PSA

Car sales in Germany rise 11.6% in January, with 269,429 units

Posted 06/02/2018 14: 21: 02CET BERLIN, 6 Feb. (EUROPA PRESS) – Automobile registrations in the German market stood at 269,429 units during the month of January, representing an increase of 11.6% compared to the same month of 2017, according to data from the German Federal Automobile Agency (KBA) , by its acronym in German). On… Continue reading Car sales in Germany rise 11.6% in January, with 269,429 units

Europe will have 80 million fewer cars in 2030 as a result of shared transport

Posted 06/02/2018 14: 19: 08CET MADRID, 6 Feb. (EUROPA PRESS) – Europe will have 80 million fewer cars in 2030 as a result of shared transport and digitalization, according to the study ‘Eascy: the five dimensions that will transform the Automotive sector’ that has been developed by the consultancy PwC. The company expects the car… Continue reading Europe will have 80 million fewer cars in 2030 as a result of shared transport

S & P upgrades Fiat Chrysler’s long-term rating to ‘BB +’ for its strong profit margin

Posted 06/02/2018 14:17:37CET LONDON, Feb. 6 (EUROPE PRESS) – The credit rating agency S & P has revised up the long-term rating of the Fiat Chrysler Automobiles (FCA) automobile consortium, which goes from ‘BB’ to ‘BB +’ (questionable quality, with uncertain long-term capacity with great sensitivity to adverse environments). The firm explained that this improvement… Continue reading S & P upgrades Fiat Chrysler’s long-term rating to ‘BB +’ for its strong profit margin