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If there's any name synonymous with 4WD capability, it's Jeep. And if there's any question about which Jeep is the most capable player on the team, there shouldn't be.
Though revenue rose 6% to EUR25.4bn and unit sales were up 10% to 566,500 cars and commercial vehicles, Daimler net profit in the second quarter fell to EUR1,395m from EUR1,849m a year ago. Earnings per share were down to EUR1.40 from EUR1.74.
As GM forges ahead with developing its electric vehicle technology GM Europe President Carl-Peter Forster has told just-auto that its first range-extended plug-ins will likely arrive in Europe with a ?40,000 price tag including taxes.
Ford on Thursday said it would add six European small vehicles built on its global B-and C-car platforms to its US line-up and build them in three large truck and SUV plants it would begin retooling from December.
Pre-tax special charges of US$8bn, including impairments of $5.3bn for Ford North America long-term assets and $2.1bn for Ford Motor Credit Company's operating leases plunged the automaker to an $8.7bn, or $3.88 a share net loss for the second quarter of 2008 compare with net profit of $750m (31 cents a share) in Q2 2007.
Brazilian automakers and importers hiked first half 2008 sales to 1.41m, according to trade group Anfavea, putting the country ahead of three of the four traditionally strong European markets of UK, Italy and France.
High gas prices, low demand make selling these cars even more difficult. Dear Tom and Ray: This will probably seem like a really stupid question, but I need professional advice.
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