Carmakers Brace For Onslaught, While VW Volume Brands Could Lose Money. “However, even with some improvement assumed next year, the market will remain far below what was considered normal operating volume pre-pandemic” Europe’s big carmakers have already written off 2022 as a down year for volumes, despite most of them posting increased profits, but analysts […]
Tag Archives | automotive industry
European Auto Industry Faces Falling Sales, But Bigger Hit To Profits.
European Auto Industry Faces Falling Sales, But Bigger Hit To Profits. “Markets are trying to fight off the expected downturn. With global inflation running higher than economists would prefer, slower sales have raised the specter of a recession. European auto manufacturers face a big hit to their businesses as recession looms and inflation eats away […]
Car Makers Cut Sales Forecast; Seek Government Help, Electric Charging Subsidy.
Car Makers Cut Sales Forecast; Seek Government Help, Electric Charging Subsidy. “To ensure a return to growth – with an even greater share of electric vehicle sales so climate targets can be met – we urgently need the right framework conditions” Europe’s carmakers expect sales in the European Union (EU) to slip 1% this year […]
German Auto Breathes Again As Coalition Eschews Radical Policies
German Auto Breathes Again As Coalition Eschews Radical Policies. “When I first glanced through the coalition agreement, I liked the sound of three numbers: 15 million electric cars, I million charging points and 80% renewable energy,” German automakers were breathing a collective sigh of relief as a new three-party coalition government appeared to hold off […]
Auto Makers Sell Less, Make More Money, But Don’t Expect Paradox To Last
Auto Makers Sell Less, Make More Money, But Don’t Expect Paradox To Last. “Isn’t it a funny industry – the fewer cars manufacturers sell, the more money they make” Demand for new cars in Europe is strong although slowing, and auto makers must be laughing all the way to the bank right? Well no, because […]
Chip Shortages Could Cripple Auto Makers Until 2023
Chip Shortages Could Cripple Auto Makers Until 2023. “the legacy (manufacturers) trying to launch their own EVs is like trying to plant a delicate orchid in a radioactive forest” Even the most ardent glass-half full defenders of the automotive industry might be getting a bit nervous as more existential surprises spring out of left-field. Automotive […]
Britain’s Auto Industry Could Face Existential Hit
Britain’s Auto Industry Could Face Existential Hit. “even before the exit decision it was clear the U.K. was becoming too expensive to compete” If Britain can do a sweetheart free trade deal with the European Union, its auto industry will still face existential problems that would have hit even if it had stayed inside the […]
Global Prospects For Auto Industry Turn Sour
Global Prospects For Auto Industry Turn Sour. “As the European industry accelerates its efforts to bring new models to the market between 2019 and 2020 consumers might decide to defer purchases” In normal times, investors in the big auto manufacturers can reckon that if sales in the U.S. start to slide, then markets like Europe […]
Will Europe Turmoil Spur Merger Frenzy?
Will Europe Turmoil Spur Merger Frenzy? “From PSA’s perspective, we believe it is better to wait for the U.S. cycle to roll, potential U.S./EU trade uncertainties to clear, and on top of this for FCA’s North American inventories issues and upcoming EU emission headwinds to play out” The global auto industry is currently having a […]
Is The Automotive Industry’s ‘Golden Era” For Profits Over?
Is The Automotive Industry’s ‘Golden Era” For Profits Over? “We will look back on the last few years as a true “golden era” for industry profitability. And possibly for auto sector analysts” The automotive industry has made stacks of money recently thanks to a combination of unprecedented success in China, easy credit and the accelerating […]