The value of a name
Article Abstract:
Vickers plans to sell Rolls-Royce Motor Cars and claims that Rolls-Royce plc does not have the right to influence who buys Rolls-Royce Motor Cars. An agreement made in 1973 allowing Rolls-Royce to influence a sale cannot be enforced, Vickers argues, due to European competition law. Rolls-Royce apparently favors BMW to buy Rolls-Royce Motor Cars, and Vickers is concerned that other buyers could be deterred, which could reduce the price that Vickers could obtain from the sale of Rolls-Royce Motor Cars.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
Car profits hit a bump
Article Abstract:
General Motors is among major automobile manufacturers facing problems and has announced that earnings for 1996 will be lower than analysts' expectations. Renault's chairman, Louis Schweitzer, has forecast a loss for 1996 and does not expect a great deal of improvment for 1997. Volkswagen, however, forecasts a rise in earnings, with Audi making a strong contribution. General Motors forecasts improvements in 1997 despite spending more on incentives for buyers and facing higher launch costs.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1997
User Contributions:
Comment about this article or add new information about this topic:
Car manufacturers: recovery slows down
Article Abstract:
The European car industry began to recover in early 1996, but registrations for Jun 1996 dropped by almost 9% compared to Jun 1995. The drop in France was 32% and Spain saw a drop of 21% for new car registrations. The French government had provided incentives to boost car sales which distorted comparisons. Consumer demand is also weak in France. Germany presents a healthier market with a rise in sales in 1st half 1996 of 6.4% compared with the same period in 1995.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1996
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Fallen on hard times. City club loses elite status. Two's a crowd
- Abstracts: The gilts market after Mr Clarke. UK gilts and equities: a buyer. Cease-fire likely
- Abstracts: British Land. Shaftesbury
- Abstracts: Portents of doom in the gilts market. Slowdown. UK economy: Ken's humble pie
- Abstracts: Sharp practices. Garden Green. Improving quality at Hogg Robinson