Peugeot’s Stocks Rundown, Renault’s Order Book Prompt Optimism Ford Europe Raising Output, But Still Sees $2 Billion Loss In 2013 But Watch Out For The Japanese, Liberated By Falling Yen The headlines are all about gloom and doom as European manufacturers’ profits are slashed and sales droop, but some experts see evidence that the worst […]
Tag Archives | recovery
German Premium Manufacturers Clear Decks For Action
Short-Time Working Ending, Shutdowns Cancelled, Workers Recalled Demand Increasing Thanks To China, U.S.; Profits Will Jump While mass market car manufacturers’ sales hit a wall across Europe, the German premium makers are ratcheting up production and profit forecasts, boosted by demand in China and a resurgent U.S. “Cash for clunkers” government subsidies, which boosted sales […]
Car Makers To Lead Global Economy Out Of Financial Turmoil
Moody’s Expects Rally Next Year In Europe Other Experts Not So Sure, Say 2011 A Bust Too Turmoil on the world’s financial markets, set off by the debacle in Greece, will undermine consumer confidence and help to push European car sales down for the rest of 2010. That’s no surprise. But Moody’s Investors Service says […]