Despite German Auto Manufacturers’ Strengths, 2023 Prospects Look Challenging. “However, even with some improvement assumed next year, the market will remain far below what was considered normal operating volume pre‐pandemic” Germany’s leading auto manufacturers have been reporting healthy profits, but as the investor-pleasing numbers rolled in, prospects for 2023 looked cloudy at best. Berenberg […]
Tag Archives | German
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 […]
German Auto Stocks Strong After Indecisive Election Result
German Auto Stocks Strong After Indecisive Election Result. “predicting the chancellor is highly uncertain. The SPD won the most votes, the wind appears to be back in the sails of the CDU/CSU, leaving the situation too close to call,” German auto stocks spurted ahead after the German general election Sunday brought a narrow but inconclusive […]
German Election Sunday Shouldn’t Spook Auto Investors Too Much
German Election Sunday Shouldn’t Spook Auto Investors Too Much. “My suspicion is that nothing much will change. This is Germany, after all” Investors in big German auto manufacturers like Volkswagen, BMW, and Mercedes have little to fear from the nation’s general election Sunday, with most pollsters declaring the contest too close to call and the […]
Germans Still Buying More Cars Despite Pressure To Embrace Bikes
Germans Still Buying More Cars Despite Pressure To Embrace Bikes. “The data shows the trend often claimed that the Germans want to get away from cars is wrong” Bike and public transport zealots want to persuade us to dump our cars and SUVs in the name of cleaning up the environment, but according to a […]
Germans Stumbling As Aid Bypasses Conventional Buyers
Germans Stumbling As Aid Bypasses Conventional Buyers. “By focussing exclusively on the promotion of electric cars, more than 90% of the car market was ignored” Germany, Europe’s biggest car and SUV market, is unlikely to respond to government aid aimed at reigniting coronavirus-blitzed sales, because of the insistence of politicians it bypassed the huge conventional […]
German Auto Industry Aid Too Weak And Will Require Top-Up
German Auto Industry Aid Too Weak And Will Require Top-Up. The plan isn’t perfect but it should be a wake-up call ahead of the EU’s €750 billion recovery and resilience fund” Germany’s financial incentives to rescue its coronavirus-damaged auto manufacturers is too weak and will have to be topped up again before the end of […]
German Competition Will Rebound In Tesla’s Favor
German Competition Will Rebound In Tesla’s Favor. “Consumers will ultimately discover Tesla’s technological and price – better value for money – leadership, as the advantage of Tesla over competitors is too significant to be ignored” Tesla investors are reeling as the share price dives, basic questions are being asked about the company’s long-term survival, and […]
German Carmakers Face Huge Profit Hit If 25% Tariff Imposed
German Carmakers Face Huge Profit Hit If 25% Tariff Imposed. “We estimate a total of about 650,000 of these sales would be lost, with the luxury segment losing 90% of imported sales. The German manufacturers would be the most disadvantaged” If President Trump imposes a 25% tariff on auto imports, European carmakers like BMW, Mercedes, […]
Tesla Ready For German Competition, And Then Some
Tesla Ready For German Competition, And Then Some. “Tesla has already demonstrated its ability to outcompete incumbents and their ICE vehicles despite a higher purchase price” Tesla Inc will shrug off what was once thought to be the existential competitive electric car threat from the Germans because of its lead in range, design and cost, […]