Investors worried that the world’s stagnating economy might take a wrong turn and veer off a cliff and into recession can take heart from truckers. According to Fitch Ratings, truck makers are an outrider for industrial demand, and their latest plans to cut production signals a softening of global demand rather than an imminent return […]
Tag Archives | recession
U.S. Sales Shouldn’t Be Hurt By Rough Economic Weather
Credit Policy The Key To Healthy Sales The U.S. auto market is unlikely to react adversely to economic stagnation because credit conditions are not expected to tighten, Deutsche Bank said in a report. Deutsche Bank was responding to the stock market fallout following the reaction to the protracted U.S. negotiations on the borrowing limit, and […]
Double Dip For Auto Sales Looks Likely
At Best, 2011 Looks Like A Repeat Of 2010 But Audi, BMW Will Sail On Majestically; VW Too Volume Manufacturers Face Vicious Price, Incentive War A double dip recession in the European car market is becoming increasingly likely according to one investment bank, while industry forecaster J.D.Power thinks this is still possible. In a report, […]
European Automakers Botch Recession Advantage Chance
Tax-Payer Free Money Temptations Beat Tough Reform Choices Overcapacity Will Have To Be Faced To Thwart China, India “The basic business model is broken. In the good times they don’t make much money and in bad times they make huge losses. That’s not sustainable” Whoever said it’s an ill wind that blows nobody any good, […]
Despite June Sales Surge, The Dreaded “W” Recession Looms
When Incentives Expire, Many Expect Sales To Dive In 2010. But Scrapping Said To Create New Sales Among 2nd Hand Buyers. Consensus Reckons Green Shoots Delayed Until 2011. Don’t be fooled by the latest figures which show West Europe’s car sales rose four per cent in June. Far from heralding the green shoots of recovery, Citigroup […]