U.S. Tariff Threat Adds To Europe’s Woes, Led By CO2 Rules. “Ongoing economic and political challenges in the region are hindering consumer confidence, and new vehicle sales continue to struggle” President-elect Donald Trump’s worrying U.S. tariff threat has added to the woes of investors in the European auto industry, which include possible strikes, factory closures, […]
Archive | Industry Analysis 2024
European EV Sales Rally Expected, But EU 2030 Target Hopeless
European EV Sales Rally Expected, But EU 2030 Target Hopeless. “The slowdown in European electric vehicle sales will soon be seen as a temporary blip” The slowdown in European electric vehicle sales will soon be seen as a temporary blip as they accelerate again towards market leadership by 2030 and on to complete dominance by […]
EV Sales Forecasts Cut, While Germans Seek CO2 Relief
EV Sales Forecasts Cut, While Germans Seek CO2 Relief. “Cheaper EVs at the Paris auto show are a much-needed addition” Forecasters are busily slashing their long-range forecasts for electric vehicle sales in Europe, raising questions about the achievability of government targets. At the Paris Car Show this week, BMW raised the temperature as the German […]
VW Profit Warning Hits Shares, But Opinion Mixed On Prospects
VW Profit Warning Hits Shares, But Opinion Mixed On Prospects. “2025 will indeed be challenging” Volkswagen’s shares were hammered by about 5% Monday after its profit warning late last week but rallied later in the day as analysts reckoned things could be worse. Volkswagen on Friday cut its profit outlook for 2024 to around 5.6% […]
EU China EV Tariffs Deal Could Spark Trade Tensions
EU China EV Tariffs Deal Could Spark Trade Tensions. “Yet tariffs won’t freeze China out” German automakers protested the EU decision to go ahead with tariffs on Chinese electric vehicles, green groups reckoned new, competitive European EVs would now be able to compete, while others worried this might ignite wider trade tensions. EU member states […]
Lexus, A Rare Sales Winner In Europe, Looks Electric Boost
Lexus, A Rare Sales Winner In Europe, Looks Electric Boost. “The RZ 300e will help Lexus maintain market share European auto sales charts are filled with red ink as economies totter but a rare positive story surrounds Toyota’s premium subsidy Lexus, which will be helped by its newest electric vehicle, the RZ 300e. Late last […]
EV Manufacturers Must Provide Extra Range Data
EV Manufacturers Must Provide Extra Range Data. “Range anxiety is not a big issue anymore with the current EV’s” Electric vehicle enthusiasts say shortcomings like inadequate range have been eliminated but the latest EVs to hit the market show that is far from the case. The Lexus RZ 300e, Kia KV9, Peugeot 3008e and Hyundai […]
Stellantis Downgraded As Stock Price Weakness Continues
Stellantis Downgraded As Stock Price Weakness Continues. “we see potential for a meaningful recovery of margins in 2025” Troubled multi-brand Stellantis, undermined by U.S. inventory problems, a management shakeup, and a profit warning, was downgraded again Wednesday by a credit rating agency, and its shares have now fallen more than 50% since March. Stellantis, an […]
Ferrari Unveils F80 Hybrid, Priced At Nearly $4 million
Ferrari Unveils F80 Hybrid, Priced At Nearly $4 million. “The timing is not coincidental” Ferrari will launch its first electric vehicle late next year, just in time to divert attention away from deliveries of its not-so-green 1,200 hp top-of-the-range F80 hybrid priced at just under $4 million . The F80 was unveiled Friday at Maranello, […]
Automakers Face A Battering From EVs, Economy, China, CO2
Automakers Face A Battering From EVs, Economy, China, CO2. “Most manufacturers will keep arguing for delays for leniency in CO2 rules and penalties, which in our view will fall on deaf ears” International auto festivals were meant to be a thing of the past and the biennial Paris car show gave Europe’s automakers the chance […]