Current Europe News Today
| Europe's Car Sales Boom, But Honda Trips Over Lame Product Lineup|
Car sales in Western Europe continued to rally from a six year slump, but Honda of Japan’s sales dived as its range of CR-V SUVs and Civic small cars proved unloved and too expensive. And don’t expect an improvement from Honda any time soon. Car sales rose 7.2 per cent in the [...]
Thu, 17 Apr 2014 12:21:53 -0700
| Europe's car sales upturn fails to halt price war|
By Laurence Frost PARIS (Reuters) - Europe's car sales recovery may be taking hold, according to registrations data published on Thursday, but a confidential industry survey shows the pick-up is failing to halt a price war. Registrations rose 10.4 percent in March, the Association of European Carmakers said, rounding off an 8.1 percent gain for the first three months, after six straight years of ...
Thu, 17 Apr 2014 07:25:34 -0700
| Europe's top banks shed 2 tln euros as regulatory belt tightens|
* Assets fall 2 trln euros at Europe's top 30 listed banks in 2013 LONDON, April 16 (Reuters) - Europe's top 30 banks cut assets by 2 trillion euros ($2.76 trillion) last year and are set to cut them again in 2014 as regulatory pressure prompts investment banks to shrink and retail banks sell some of their loans into a rising market. Measures by regulators to end the systemic threat of banks ...
Wed, 16 Apr 2014 06:53:54 -0700