European Union

Ford, Chrysler 2019 European Sales Falter

Posted: January 16, 2020 at 8:15 am

The European Automobile Manufacturers Association (ACEA) on Thursday reported new vehicle registration totals in the European Union for the month of December and for all of 2018. Registrations (the EU's ...
Read Full Story »

3 Reasons Why Tesla Shares Are Running Higher

Posted: October 17, 2019 at 12:50 pm
Last updated: January 6, 2020 1:55 am

Since reporting 97,000 third-quarter deliveries on October 2, shares of Tesla Inc. (NASDAQ: TSLA) have risen on nine consecutive trading days and were well on their way to a 10th ...
Read Full Story »

Ford Reveals Big European Electric Vehicle Plans

Posted: September 10, 2019 at 10:00 am
Last updated: January 6, 2020 2:39 am

Ford Motor Co. (NYSE: F) on Tuesday announced the European lineup of 17 electrified vehicles (EVs) the company expects to introduce by 2024. Seven of those vehicles have been or ...
Read Full Story »

European Electric Vehicle Sales Jump by 34% in First Half of 2019

Posted: August 22, 2019 at 10:35 am
Last updated: January 11, 2020 4:35 am

European sales of battery electric vehicles (BEVs) and plug-in hybrid electric vehicles (PHEVs) totaled 259,000 in the first six months of 2019, up 34% compared with the same period in ...
Read Full Story »

Is Germany Teetering on Another Technical Recession?

Posted: August 14, 2019 at 10:45 am
Last updated: January 11, 2020 4:55 am

Most economists and market participants consider a recession as two consecutive quarters in which gross domestic product (GDP) growth is negative. There are of course variations to what may really ...
Read Full Story »

While US Closed on 4th of July, the Global Markets Keep On Ticking

Posted: July 4, 2019 at 11:11 am
Last updated: January 11, 2020 8:03 am

The 4th of July is one of the biggest holidays in America. Unlike many other major holidays, the United States is really the only nation in the world to celebrate ...
Read Full Story »

Ford’s New Tack on European Sales Wipes Out 12,000 Jobs

Posted: June 27, 2019 at 10:20 am
Last updated: January 6, 2020 3:22 am

New passenger car sales in Europe have been dropping since 2015. Last year, new vehicle sales rose just 0.1% year over year. Thursday morning, the European Automobile Manufacturer's Association (ACEA) ...
Read Full Story »

‘Tariff Man’ Gives Auto Import Tariffs a 6-Month Reprieve

Posted: May 17, 2019 at 10:55 am
Last updated: January 6, 2020 4:33 am

One day before a decision was due on whether to impose tariffs on automobile imports, the Trump administration on Friday said it would delay a decision for up to six ...
Read Full Story »

April European Auto Sales Slide for Eighth Consecutive Month

Posted: May 17, 2019 at 8:00 am
Last updated: January 6, 2020 4:34 am

The European Automobile Manufacturers Association (ACEA) on Friday reported new vehicle registration totals in the European Union for the month of April. Sales declined by 0.4% year over year in ...
Read Full Story »

Will a $1.7 Billion Fine Make Google Flinch?

Posted: March 20, 2019 at 11:05 am
Last updated: January 11, 2020 9:47 am

In a terse filing with the U.S. Securities and Exchange Commission Wednesday morning, Alphabet Inc. (NASDAQ: GOOGL) announced that the company would take a €1.49 billion ($1.7 billion) charge in ...
Read Full Story »

February European Auto Sales Drop for Sixth Consecutive Month

Posted: March 15, 2019 at 7:40 am
Last updated: January 11, 2020 9:59 am

The European Automobile Manufacturers Association (ACEA) on Friday reported new vehicle registration totals in the European Union for the month of January. Sales declined by 1% year over year in ...
Read Full Story »

Does $66 Trillion in Government Debt Mean the World Is Drowning in Debt?

Posted: January 23, 2019 at 3:27 pm
Last updated: January 11, 2020 12:16 pm

It is far from a secret that the United States and other nations around the world have what sounds like an insurmountable debt load. With trillions and trillions owed to ...
Read Full Story »

2018 European Auto Sales Fizzle

Posted: January 16, 2019 at 7:50 am
Last updated: January 11, 2020 12:32 pm

The European Automobile Manufacturers Association (ACEA) on Wednesday reported new vehicle registration totals in the European Union (EU) for December and for all of 2018. Sales declined by 8.4% year ...
Read Full Story »

What Americans Should Know About Tuesday’s Failed Brexit Vote

Posted: January 15, 2019 at 6:30 pm
Last updated: January 11, 2020 12:32 pm

Tuesday, January 15, 2019, was a big but not so bright day in the United Kingdom. The British Parliament delivered a very wide defeat to Prime Minister Theresa May's proposed ...
Read Full Story »

Germany Enters 2019 Teetering on the Brink of Recession

Posted: January 8, 2019 at 11:10 am
Last updated: January 11, 2020 12:51 pm

The European Central Bank wants to reverse its multiyear path of economic stimulus and quantitative easing. Unfortunately, that desire may not become reality. Germany is Europe's largest economy, and there ...
Read Full Story »