IAA Promises With Impressive Concepts, But Not Much For The Car Buyer. “IAA seems to be a kind of folk festival with discussion platforms and an attached trade fair. Bicycles, start-ups, fitness arenas, vintage cars – a colorful mix instead of a clear focus” International car shows were thought to be a thing of the […]
Archive | Industry Analysis 2021
British Charger Action Suggests Nervousness About Switch To Electric Cars
British Charger Action Suggests Nervousness About Switch To Electric Cars. “This is the reason they (governments) are trying to disable chargers from charging at peak demand times” Amid the rush to embrace electric cars, a most nagging doubt is what if at least 40% of new cars across Europe are battery-powered by 2030 and there’s […]
German Auto Stocks Strong After Indecisive Election Result
German Auto Stocks Strong After Indecisive Election Result. “predicting the chancellor is highly uncertain. The SPD won the most votes, the wind appears to be back in the sails of the CDU/CSU, leaving the situation too close to call,” German auto stocks spurted ahead after the German general election Sunday brought a narrow but inconclusive […]
Auto Makers Sell Less, Make More Money, But Don’t Expect Paradox To Last
Auto Makers Sell Less, Make More Money, But Don’t Expect Paradox To Last. “Isn’t it a funny industry – the fewer cars manufacturers sell, the more money they make” Demand for new cars in Europe is strong although slowing, and auto makers must be laughing all the way to the bank right? Well no, because […]
Amid Massive, Pricey Electric Cars At IAA, More Affordability Is On The Menu
Amid Massive, Pricey Electric Cars At IAA, More Affordability Is On The Menu. “After the chip crisis, from 2024, an increasing global battery cell bottleneck must be expected” Europe’s automakers are relentlessly producing the wrong kind of electric car, but Volkswagen showed it can move in the right direction by showing its mass-market aimed ID.Life […]
Mobileye, Sixt Testing Robotaxis In Munich, With Long Term Europe-Wide Plans
Mobileye, Sixt Testing Robotaxis In Munich, With Long Term Europe-Wide Plans. “A recently enacted autonomous vehicle (AV) law permits driverless vehicles on German roads, allowing Mobileye robotaxis to begin early-rider testing on Munich streets in 2022” Technology powerhouse Intel Corp’s Mobileye subsidiary and German car rental giant Sixt SE will start a driverless ride-hailing “robotaxi” […]
German Election Sunday Shouldn’t Spook Auto Investors Too Much
German Election Sunday Shouldn’t Spook Auto Investors Too Much. “My suspicion is that nothing much will change. This is Germany, after all” Investors in big German auto manufacturers like Volkswagen, BMW, and Mercedes have little to fear from the nation’s general election Sunday, with most pollsters declaring the contest too close to call and the […]
BMW Startles Investors With Strong Profit Forecast Uplift Despite Chip Crisis
BMW Startles Investors With Strong Profit Forecast Uplift Despite Chip Crisis. “There are tougher times ahead for the industry though, with some uncertainty over transaction prices and demand as the global economic rebound slows” BMW surprised investors with news it raised its profit forecast for 2021 to between 9.5% and 10.5% from its previous expectation […]
Tesla Model 3 Leads Europe Electric Sales As Competitor Range Claims Wilt
Tesla Model 3 Leads Europe Electric Sales As Competitor Range Claims Wilt. “Teslas been making electric cars for more than a decade and they know more than the rest. Also most people think Tesla when they think electric, they don’t think VW,” The Tesla Model 3 is the fastest selling electric car in Western Europe […]
China Poised To Grab Europe’s Mass Market For Electric Cars Unless EU Acts
China Poised To Grab Europe’s Mass Market For Electric Cars Unless EU Acts. “If Europeans don’t do anything about this the segment will be controlled by the Chinese” Europe’s market for small electric cars will be dominated by China unless swift action is taken by the European Union (EU) to allow manufacturers to profitably provide […]