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Porsche Panamera
Porsche

Porsche facing debt, sells out shares

What can you do, inevitably, some sort of trouble comes around to your business endeavour no matter how good the cars you make are. This is certainly the case of Porsche, a company that has been struggling for quite some time now as far as the money is concerned. I should point out that what we're referring to here is...

Honda frontage
Honda

Honda loses $180 million in a surprising way

Financial reports from the automotive industry come with mixed responses but this here bit of news in relation to a situation from Honda. As it turns out, the Japanese have just lost $180 million on a certain part of their business. What's surprising is how Honda's massive, multi-million dollar loss isn't related to the company's cars or bikes. While I'm...

Ford Logo
Ford

Ford Motor Company chops off $4 billion worth of debt

Recently Ford has had some issues with their stock pricing due to investor concern about slow sales within the automotive industry and uncertainty over how the company will pay the UAW’s health care trust fund. The news that came from Dearborn today will most likely calm spirits and even make some brokers jump for joy as Ford will be repaying...

2010 Porsche Panamera
Porsche

Sales of the Porsche Panamera are a surprise

Luckily for the Stuttgart based, performance oriented company the sales figures for their latest launch, the Porsche Panamera are a pleasant surprise. The official sales records prove that the four door saloon offered by Porsche exceeded all expectations and, as a result, the Germans have raised their forecast for the year. Porsche have revised its full-year forecast dropping the original...