European Sales Growth Petering Out, 2025 Problems Loom. “There is a combination of headwinds to market activity that look unlikely to ease significantly anytime soon” Auto sales growth in Europe is gradually expiring, pressurizing profits and forcing the manufacturers to look at bloated over-capacity with an eye on closures. If that’s not enough to worry […]
Archive | Industry Analysis 2024
Toyota, Rocked By Currency, Local Scandal, Still Looks Strong
Toyota, Rocked By Currency, Local Scandal, Still Looks Strong. “The results allow us to confirm there is potential for profit margins to rise due to volume growth and mix improvement” Toyota shareholders are used to the world’s biggest automaker sailing serenely through the roughest seas while its competitors seek sanctuary in calmer waters. But Toyota […]
VW Cost Cuts Please Investors, But CO2, China Cloud Outlook
VW Cost Cuts Please Investors, But CO2, China Cloud Outlook. “EU CO2 compliance could become a meaningful burden next year” Volkswagen has pleased investors with its belated attack on costs as it tries to rationalize its sprawling empire, but obstacles jeopardizing improved profits are growing. Markets are weakening in Europe, getting more testing in China, […]
WintonsWorld Electric Car Tests September 2024
WintonsWorld Electric Car Tests September 2024
Europe Demands Total EV Victory; The Public Demurs
Europe Demands Total EV Victory; The Public Demurs. “EVs like the BYD Seagull are exactly what we want in Europe” European governments have decreed that new sedans and SUVs will be solely electric by 2035, and account for 80% of sales within five years. The facts suggest a messier outcome. That degree of victory for […]
VW Rivian Wins Plaudits, Seen As Template For EV Transition
VW Rivian Wins Plaudits, Seen As Template For EV Transition. “the deal might be in the nick of time to save VW’s floundering EVs” Volkswagen’s $5 billion deal with Rivian received a positive reception although some analysts worried that VW’s huge capital investment spending plan might be harder to control, especially given the company’s weird […]
Europe’s Automakers Brace For China EV Tariff Reaction
Europe’s Automakers Brace For China EV Tariff Reaction. “China hoped the EU would get the hint and not get into a tariff war” The European Union initiated provisional penalty tariff increases on Chinese electric vehicles and Europe’s automakers aren’t sure when the expected retaliation will arrive, or how serious it will be. The EU […]
Volkswagen Cooperation Deals Suggest Strategy Doubts
Volkswagen Cooperation Deals Suggest Strategy Doubts. “Collaborations upon collaborations. A bit of Ford here. A bit of Xpeng there, now a bit of Rivian in between a few talks with Renault” Volkswagen shares have dived about 20% since the end of May, faster than other automotive players, and analysts worry that a steady stream of […]
Europe’s Auto Sales Weakening While EV Problems Fester
Europe’s Auto Sales Weakening While EV Problems Fester. “We have become increasingly cautious on the full-year result as vehicle prices remain high and interest rate cuts will be modest, even though monetary easing from the ECB has now begun” Europe’s car buyers are retreating from the market, worried by high prices and a deteriorating financial […]
Kia EV9 Aims High While Weak EV Sales Threaten ICE Revival
Kia EV9 Aims High While Weak EV Sales Threaten ICE Revival. “I think it would have made more sense to launch such a big and expensive vehicle under the Genesis brand” Kia of Korea’s eye-catching, luxury behemoth EV9 electric SUV looks like a winner until you take note of the price and the strength of […]