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Archive | Industry Analysis 2021

Crisis; What Chip Crisis? Mercedes Sales Dive 25%, Profit Jumps Nearly 20%

Crisis; What Chip Crisis? Mercedes Sales Dive 25%, Profit Jumps Nearly 20%. “Good times for Mercedes are coming, because when the chips are rolling again, the profit increases significantly. But Tesla will become an even stronger competitor in the future” The semiconductor shortage, which has crippled manufacturing by mass car makers, is a “crisis” made […]

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Volkswagen Shares Dive As Profits Fall In The 3rd Quarter.

Volkswagen Shares Dive As Profits Fall In The 3rd Quarter. “Although Diess promptly hinted at cost cuts to come, the weak performance means forecasts of an EBIT margin of 7.5% this year now look optimistic,” Volkswagen shares dived almost 4-1/2% as investors penalized Europe’s biggest automaker for reporting sharply lower profits in the microchip-shortage ravaged […]

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Investors Brace For Poor Financial Results, But Forecasts Point To Turnaround

Investors Brace For Poor Financial Results, But Forecasts Point To Turnaround. “autos will be amongst the sectors with higher earnings momentum over next 12 months” Car sales forecasts for Western Europe are being slashed and investors are bracing themselves for poor 3rd quarter financial results from the big manufacturers, but analysts say the worst is […]

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BMW Startles Investors With Strong Profit Forecast Uplift Despite Chip Crisis

BMW Startles Investors With Strong Profit Forecast Uplift Despite Chip Crisis. “Car companies are getting a big bottom-line lift on recovering vehicle markets and high margins on sales – especially in North America, but also Europe and China BMW surprised investors with news it raised its profit forecast for 2021 to between 9.5% and 10.5% […]

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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 […]

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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 […]

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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” […]

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