HyperNormalisation 2016
Automakers sold more vehicles in Germany in 2016 than in any year since 2009, figures released by the German Association of the Automotive Industry VDA showed Wednesday.
A total of 3 to 4 million new cars were registered in the largest automotive market in Europe between January and December, said the VDA, about 5 0 percent more than in 2015.
This was the highest level since Berlin has proposed a bonus system to the scrap yard in 2009 to promote the industry by the financial crisis, which boosted sales by 23 percent.
2016 was a strong year for the automotive industry, said VDA President Matthias Wissmann, noting that enrollment has increased for the third consecutive time.
Boosted by an extra day in the month, in December alone saw 256.600 registered cars, about 4 0 percent more than the same month in 2015.
With Other OTC WWTH - news cars a key industry for Germany, new registrations are closely watched as an indicator of the health of the economy.
German carmakers accounted for 2 4 million cars sold in the country last year, an increase of 3 0 per cent compared to 2015.
Volkswagen saw Troubled registrations of its own brand cars fall 4 3 to percent annual figures from the Federal Office of Motor Vehicles showed KBA.
2016 was the first full year after admission VW has built a software testing cheat regulatory emissions 11 million cars worldwide.
But luxury subsidiaries Porsche VW Group and Audi BIO - new pack sales in step with rivals BMW EUREX - news and Mercedes Xetra 710000 - news.
Almost all German brands have shown positive signs in 2016, KBA note.
Unilever announced its intention to sell its margarine spreads companies - including household brands such as Flora - as it reshapes itself following the audacious attempt failed 115 billion takeover of US giant Kraft Heinz Paul Polman, director General, said more.
The Co-operative Group recorded a pre-tax loss of 132m for 2016 on Thursday, battered by a 185m success to write the value of its 20 percent stake in the Cooperative Bank to anything He called his assessment co operative Bank more cautious.
Unliever plans to sell its business differences, including Flora and Stork, after the takeover bid by Kraft Henz Unilever has its division of margarine, making flora and Stork, on sale because it shakes its activities after grow back.
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Cooperative Group of Great Britain, supermarkets mutually owned group of funeral services on Thursday wrote off the value of its stake in the cooperative bank in difficulty Cooperative Group fell into the red for the first time in more.
By Jemima Kelly Reuters LONDON - The cost of hedging the volatility of the Czech koruna against the euro over the next 24 hours jumped to its highest in more than nine months on Wednesday, on speculation the central bank countries would be very soon.
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FRANKFURT Reuters - The European Central Bank confirmed the chief economist said policy plan of the bank Thursday, effectively pushing back market speculation that the ECB could consider raising interest rates before ending its purchases of bonds more .
Unilever said it is selling its division margarine and also plans to increase dividends this year by 12 percent and launch a share buyback of some five billion euros more.
European shares fell in early trade on Thursday after minutes from the Federal Reserve's last meeting raised concerns about the valuations of high stock market, banks, automobiles and raw material stocks leading broad Plus.
The cooperative group has written off the value of its 20 in the cooperative ailing Bank, reporting an annual loss of 132m The group said it took a 140m shot in the participation of the bank allowance, zero, this confirms a story by Sky News More Saturday.
The Amazon Fire TV Stick has been treated to an upgrade, pushing the best cheap streaming device on the market even further ahead of the competition, it was launched in the United States there is some time but only come to the UK, and brings with it more.
Reuters FRANKFURT - The head of the European Central Bank sees no need to depart from the path of the declared policy of the ECB, which includes the purchase of bonds until at least the end of the year and rates record low until well after that to boost inflation, more.
Euro area Yields on government bonds edged back towards lower for several weeks on Thursday as investors weighed the outlook for monetary policy in two of the largest economic blocs in the world Minutes of the last meeting US central bank released late more.
President European Central Bank Mario Draghi said that the central bank is convinced that our policy is working and that the outlook for the economy is gradually improving.
The cooperative group recorded a 132m loss 165m after reduced the value of its investment in the Co-op Bank difficulty zero supermarkets FUNERAL company holds a 20 in the bank and said that we looked more just.
Hello offices of the city WSJ in London Be the first with stories of great value D ownload WSJ City for your mobile and let us keep you in the loop 6 pm The Co-operative Group reported a loss for 2016 after delisting worth more.
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Minutes of the March Federal Reserve policy meeting raised concerns about liquidity crunch that hit global markets more.
An electronics company Electrocomponents said its profit margins for the year will be higher than management or the markets had anticipated a trading statement, the company based in Oxford declared for the year sales ended A more March 31.
With Other OTC WWTH - the new commitment of the Czech National Bank to keep the lower crown ended last week, some investors are betting the NBC OTC CNBW - news today the meeting will be used to dispose of the cap, which kept the euro Plus.
European shares were down in early trading Thursday amid the imminent summit between President Trump and China Xi Jinping, and after a hawkish set of minutes from the Federal Reserve Britain's FTSE 100 was more.
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European aircraft manufacturer Airbus said Thursday it had placed a total of 1 5 billion February 1 billion pounds in bonds in US dollars, as companies seek to take advantage of low interest rates to raise funds on capital markets Airbus said it had more.
2016 best-selling German cars this decade saw Yahoo Finance UK, 2016, the best German sales.