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Recession Threatens Europe’s Autos Although Hopes For A Mild Downturn Revive.

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 […]

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Carmakers Brace For Onslaught, While VW Volume Brands Could Lose Money

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 […]

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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 […]

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European Electric Car Sales Expected To Ride Out The Storm Before Accelerating

European Electric Car Sales Expected To Ride Out The Storm Before Accelerating. “The BEV mix isn’t expected to see any further inroads until 2025 with the next CO2 cut when we expect a 5.5 percentage point increase over 2022 levels to 20%” The coming economic slowdown will temporarily tame the mighty European electric car sales […]

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Europe’s Big Auto Makers Insist The Future Is Bright, Despite Gathering Storm

Europe’s Big Auto Makers Insist The Future Is Bright, Despite Gathering Storm. Most big European auto manufacturers reported a mixed profit performance in the first half of 2022 as they emerged from coronavirus lockdowns and a semiconductor shortage. Forecasts for the rest of the year were surprisingly positive, despite worries about peace after Russian invaded […]

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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 […]

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