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european financial crisis
As Europe's economy continues to suffer, so do automakers. One of the latest pieces of bad news comes from French carmaker Peugeot which says it will write down its assets by $5.53 billion. The figure represents almost 29-percent of the company's property, valued at $19.4 billion in June. Peugeot ...
Too often, we find ourselves pining for Europe-only versions of cars that will never be sold in the United States, but if a report from Inside Line is to be believed, this is a case in which The Continent's enthusiasts will have to watch from afar gets. Ford of Europe is seeking a new coupe that ...