Recession Threatens Europe’s Autos Although Hopes For A Mild Downturn Revive. “The recession expected to hit Germany this winter will be milder than previously anticipated, with economic output shrinking by only 0.1% in 2023,” Who’d invest in European automotive manufacturers? It’s not exactly a compelling case to say the best they can hope for is […]
Tag Archives | auto-sales
Auto Makers Fight Off But Inflation, Recession, Energy Undermine Prospects
Auto Makers Fight Off But Inflation, Recession, Energy Undermine Prospects. “From next year, we forecast recovery, though recent statistics and the latest news on ongoing supply issues, lead us to remain cautious. Another concern relates to underlying demand, which has weakened in recent months as the economic outlook has deteriorated,” The European automotive industry, buffeted […]
Carmakers Will Report Impressive Profits, But War Ruins Short-term Prospects
Carmakers Will Report Impressive Profits, But War Ruins Short-term Prospects. “We remain bullish for a multi-year auto cycle but now see the group is in limbo until a Russian/Ukraine conflict resolution emerges” Europe’s automakers will report strong profits for the first quarter in coming weeks, but the euphoria for 2022 based on vain hopes the […]
Ukraine War Adds To Auto Industry Gloom As Sales Forecasts Slashed Again
Ukraine War Adds To Auto Industry Gloom As Sales Forecasts Slashed Again. “We still anticipate selling rates to improve over the course of 2022 but now at a slower rate than forecast last month” 2022 was supposed to herald a return to normality for car sales in Western Europe and consign to history the dark […]
European Car Sales Rally Expected, But Electric Performance Threatened
European Car Sales Rally Expected, But Electric Performance Threatened. “There are certainly headwinds to more robust underlying demand too, such as concerns over Omicron, or inflation putting pressure on household budgets, for example,” Two high-profile automotive opinion formers expect car sales in most of Europe to rally strongly in 2022 but to still be way […]
Booming Electric Car Sales In Europe May Soon Face A Reality Check
Booming Electric Car Sales In Europe May Soon Face A Reality Check. “A hole will form in the range of European carmakers, with no one producing small vehicles. This may turn out to be an incentive for the development of non-European carmakers in Europe, in particular Chinese carmakers” Sales of battery electric cars in Europe […]
Solid Car Sales Growth Expected After Anaemic 2021, But Profits May Sag.
Solid Car Sales Growth Expected After Anaemic 2021, But Profits May Sag. “We believe pent-up demand will drive an acceleration of new vehicle sales (in Europe) in 2022 but expect sales to remain about 10% below 2019 levels” These are weird times for the automotive industry. 2021 should have been a banner year for car […]
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 […]
Car Sales Rally On Hopes Of Virus Victory Stalls On Chip Shortage, Covid Worries
Car Sales Rally On Hopes Of Virus Victory Stalls On Chip Shortage, Covid Worries. “Semiconductor shortages are beginning to materially affect sales in the U.S., Japan and China which we expect to continue to choke sales into the start of Q4” The post-lockdown rebound in West European car sales has stalled and forecasts for the […]
Electric Car Sales Set To Spurt, But Subsidy End Poses Questions
Electric Car Sales Set To Spurt, But Subsidy End Poses Questions. “There are increasing concerns around a potential battery shortage that could change growth curves on EV adoption in coming years. Europe’s electric car revolution looks unstoppable and experts are scrambling to raise medium and long-range sales forecasts, but once well-healed first adopters have been […]