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european financial crisis

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    Report: Ailing Peugeot writes-down over $5.5B in assets
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    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 ...

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    Report: Ford of Europe denied small coupe, Mustang viability questioned
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    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 ...

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