Car Sales Are Recovering, But Strength Exaggerated By Weak Comparisons. “It will now become essential to compare figures from this year to those from 2019 to chart how the industry is recovering” European car markets are flattering to deceive as sales improvements look good but compared with 2020 which was flattened by the shock of […]
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Car Sales Are Recovering, But Strength Exaggerated By Weak Comparisons
Car Sales Are Recovering, But Strength Exaggerated By Weak Comparisons. “It will now become essential to compare figures from this year to those from 2019 to chart how the industry is recovering” European car markets are flattering to deceive as sales improvements look good but compared with 2020 which was flattened by the shock of […]
Strong Growth Forecast For Auto Sales In 2021 With Europe Strongest
Strong Growth Forecast For Auto Sales In 2021 With Europe Strongest. “Europe will be the best performer in 2021 with projected vehicles sales growth of 10.8%” This time last year experts were saying that the global auto market in 2020 would arrest the slowing trend seen since 2017, and then look what happened. Global sales […]
Global Auto Sales Won’t Recover Pre-Coronavirus Highs Until 2023
Global Auto Sales Won’t Recover Pre-Coronavirus Highs Until 2023. “Economists worry direct government support will have a limited duration and when the money runs out, economies might slump again and damage vehicle sales” Hopes the global automotive industry would recover pre-coronavirus sales with a swift, uncomplicated “V” by the end of the year or early […]
Car, SUV Sales Growth Stalls In Europe, But Electric Sector Relieves The Pain
Car, SUV Sales Growth Stalls In Europe, But Electric Sector Relieves The Pain. “the overall picture remains one of a heavy full year contraction” Western European sales of cars and SUVs stagnated in September, damaging hopes that the recovery from the coronavirus might represent a healthy looking “V” shape, but strong sales of electrified vehicles […]
Slide Of New Auto Sales Slows With Full Year Forecasts Looking Less Dire
Slide Of New Auto Sales Slows With Full Year Forecasts Looking Less Dire. “the serious risk of further outbreaks, and associated lockdowns is as present as ever,” New car and SUV sales in the European Union (EU) fell 18.9% in August compared with the same month last year, bringing the fall for the first 8 […]
Western Europe Auto Sales Could Be Down 30%
Western Europe Auto Sales Could Be Down 30%. “What happens next will depend heavily on the extent of government support” Sales of cars and SUVs in Western Europe will plummet 30% in 2020 because of coronavirus lockdown repercussions, and that is likely to remain a firm prediction for maybe a week or so as forecasters […]
Auto Sales In Britain Close To Zero In April
Auto Sales In Britain Close To Zero In April. “Manufacturers are trying to start operations safely. But it will be slow and production will be ramped up very slowly” Sales of cars and SUVs in the U.K. were almost zero in April, probably no surprise given the entire manufacturing industry had shut down, dealerships were […]
April Auto Sales Could Plummet 80% in Europe
April Auto Sales Could Plummet 80% in Europe. Europe, sales will show an unprecedented slump of over 80%. For the USA sales will drop by at least 60% in April” Sales of cars and SUVs dived more than 50% in coronavirus inflicted Western Europe in March, outpacing the U.S. fall of nearly 40%, and forecasters […]
Global Auto Sales Will Slide In 2020, But China Rally Begins
Global Auto Sales Will Slide In 2020, But China Rally Begins. “40% of German car sales has been generated in recent years in China. Trump’s customs wars have caused considerable damage” World sales of cars and SUVs will fall again in 2020, but that should mark the end of the decline since 2017. German sales […]