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Showing results for tags 'Value'.
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How much is Opel worth? According to Bloomberg, the valuation being discussed by General Motors and PSA Group puts it around $2 billion dollars. According to sources, the total comprises about $1 billion in cash and about $1 billion in liabilities. The amount could change as two are still assessing a number of items such as the value of brand rights and savings potential. The sources also the framework for PSA to buy Opel could be finished by Thursday. This would be the same day when PSA Group reports full-year earnings. The sources go on to caution this could be pushed back because of the complex nature of the deal such us finding ways to reduce costs while keeping workers and the various unions happy. Source: Bloomberg View full article -
Rumorpile: General Motors, PSA Group Value Opel At $2 Billion
William Maley posted an article in Opel/Vauxhall
How much is Opel worth? According to Bloomberg, the valuation being discussed by General Motors and PSA Group puts it around $2 billion dollars. According to sources, the total comprises about $1 billion in cash and about $1 billion in liabilities. The amount could change as two are still assessing a number of items such as the value of brand rights and savings potential. The sources also the framework for PSA to buy Opel could be finished by Thursday. This would be the same day when PSA Group reports full-year earnings. The sources go on to caution this could be pushed back because of the complex nature of the deal such us finding ways to reduce costs while keeping workers and the various unions happy. Source: Bloomberg -
If you are considering buying a used car this year, then we have some good news for you. A new vehicle depreciation report from used car value service, Black Book and Fitch Ratings Inc., says that 2015 will see used car values depreciate 14.5 percent. This is an increase from 2014's deprecation rate of 12.1 percent. So why the increase in depreciation? It comes down to two key factors; an increased supply in used cars and a larger volume of off-lease vehicles. “2014 depreciation was defined by pockets of volatility due to seasonality, harsh weather patterns and falling fuel prices impacting smaller cars and trucks of all sizes. Looking ahead, lower consumer demand and CAFÉ-driven model competition will place higher depreciation pressure on smaller car segments particularly, but trucks should have stable retention in 2015 due to balanced production levels and strong housing and service economies,” said Anil Goyal, Vice President of Analytics and Strategic Partnerships for Black Book. Source: Auto Guide, Kicking Tires View full article
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If you are considering buying a used car this year, then we have some good news for you. A new vehicle depreciation report from used car value service, Black Book and Fitch Ratings Inc., says that 2015 will see used car values depreciate 14.5 percent. This is an increase from 2014's deprecation rate of 12.1 percent. So why the increase in depreciation? It comes down to two key factors; an increased supply in used cars and a larger volume of off-lease vehicles. “2014 depreciation was defined by pockets of volatility due to seasonality, harsh weather patterns and falling fuel prices impacting smaller cars and trucks of all sizes. Looking ahead, lower consumer demand and CAFÉ-driven model competition will place higher depreciation pressure on smaller car segments particularly, but trucks should have stable retention in 2015 due to balanced production levels and strong housing and service economies,” said Anil Goyal, Vice President of Analytics and Strategic Partnerships for Black Book. Source: Auto Guide, Kicking Tires -
Many luxury manufacturers are going downmarket to bring in more younger buyers and increase sales. But Lexus isn't one of them. Jeff Bracken, general manager for Lexus told the Automotive Press Association on Monday that the luxury automaker will not venture below the $30,000 mark. "You won't see Lexus go down below $30,000. We are fortunate to have Toyota to help us with CAFE (corporate average fuel economy) regulations so you won't see us going downstream. For Lexus to be truly luxury, the division needs to keep ourselves above $30,000," said Bracken. What Lexus will be doing instead is focusing on performance and high-end vehicles to bring in younger buyers and grow the brand. "We believe young customers have a different definition of luxury," Bracken said, and it includes driving dynamics. Lexus has been offering F-Sport versions of many of its vehicles, along with full blown F models such as the previous-generation IS-F and new RC-F. Bracken told the group that Lexus will be unveiling a new performance vehicle at the Detroit Auto Show in January, but wouldn't go any further than that ( Production LF-LC or GS-F?). Source: Detroit Free Press -
Many luxury manufacturers are going downmarket to bring in more younger buyers and increase sales. But Lexus isn't one of them. Jeff Bracken, general manager for Lexus told the Automotive Press Association on Monday that the luxury automaker will not venture below the $30,000 mark. "You won't see Lexus go down below $30,000. We are fortunate to have Toyota to help us with CAFE (corporate average fuel economy) regulations so you won't see us going downstream. For Lexus to be truly luxury, the division needs to keep ourselves above $30,000," said Bracken. What Lexus will be doing instead is focusing on performance and high-end vehicles to bring in younger buyers and grow the brand. "We believe young customers have a different definition of luxury," Bracken said, and it includes driving dynamics. Lexus has been offering F-Sport versions of many of its vehicles, along with full blown F models such as the previous-generation IS-F and new RC-F. Bracken told the group that Lexus will be unveiling a new performance vehicle at the Detroit Auto Show in January, but wouldn't go any further than that ( Production LF-LC or GS-F?). Source: Detroit Free Press View full article
