Car Sales Accelerate, But Discounting, Profit Worries Mount. “the German economy has simply reached the end of its long positive virtuous circle” On the surface, car sales are continuing to improve in Western Europe, but rumblings behind the scenes suggest that all is not well. Latest figures from LMC Automotive show Western European car sales […]
Tag Archives | Car-Sales
Car Sales Rally, But Are Still Way Down On Pre-Crisis Levels
“European sales are still very, very low”. Car sales in Western Europe continued to rally in May, but overall market sales are still yet to get close to levels reached before the big slide began in 2008, so any current euphoria is misplaced. Nevertheless, car sales rose 3.9 per cent in May to 1.06 million […]
More U.S. Sales Growth Expected In 2013
“Detroit Motorshow participants are expecting positive growth, but for growth rates to come down significantly versus the prior year” The Detroit Car Show has now closed its doors for another year, but despite the fact that U.S. sales growth is expected to slow in 2013, the mood was in sharp contrast to Europe’s gloom. “Basically […]
Europe’s Car Sales Likely To Continue Diving In 2013
Germany Starts To Falter, Despite New A Class, 3-Series, Golf Will Eventual Economic Recovery Be A “Car Free Zone”? Worrying Report For Renault That Dacia Cannibalising Sales Europe’s car sales are down sharply this year, will fall again in 2013, and are unlikely to reach pre-recession heights any time soon as European appetite for new […]
Counting Down To European Debacle As Sales Prospects Sour
“Deutsche Bank believes Ford, GM, Peugeot-Citroen, Renault and Fiat will lose close to $4 billion between them this year” If you’re bored reading about how the European car industry is on the brink of a shakeout which never happens, this might be the time to pay attention. There are probably still some people out there […]
Higher U.S. Pump Prices Could Stimulate Car Sales
Higher prices for gasoline prices in the U.S. have usually persuaded forecasters to cut sales estimates. But according to UBS Investment Research, this time the reverse may be true, for a while at least. “There is a growing argument that rising gas prices will actually drive higher sales as new cars and trucks are 17 […]
China Market Rumours Agitate German Premium Investors
Talk Of Big Discounts, Sales Slowdown Roil Stock Markets But Sober Reflection Points To Long-Term All-Round Growth Reports Of China Coup Quickly Shot Down “When you get right down to it, what are China’s leadership transitions if not palace coups on a regular schedule? That’s not a stable institution. It’s an invitation, sooner or later, […]
If Consumer Fear Doesn’t Crimp Car Sales, Lack Of Lending Will
Germany Under Pressure Too As Pre-Registrations, Discounts Rise Non-Germans Face More Years Of Losses “Savage discounting in France, with PSA and Renault fighting each other – Clios for 40% off list, Twingos for less than Dacias” Predictions about how far Western European car sales might drop don’t seem to be getting any worse, but the […]
Sales Forecasts for Western Europe Under Pressure Again
Relentless Round Of Bad News Spooks Buyers What If There Is A Major Crisis, Not A Smooth Decline? “This base forecast does not, however, assume disorderly defaults in eurozone countries’ debts; if that were to happen, a much more severe drop in the car market would be unavoidable” Another European summit meeting to save the […]
Electric Car Sales Forecast Slashed Nearly In Half
Europe’s Faltering Economy, Engine Improvements Undermine Case Bad News For Renault-Nissan And Its $5.6 Billion Investment “The critical nature of the government credit problems plaguing Europe poses a material threat to the necessary government support for EVs which we had previously taken for granted” Investment bank Morgan Stanley came up with a nasty new Year […]