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New Sanctions Against Russia Will Speed Decline In Auto Sales

Ironically, Retaliation Might Actually Help Renault. Harsher sanctions on Russia from the E.U and U.S. look set to put skids under the already sliding car market there, although any retaliatory measures could end up benefitting the Renault-Nissan alliance, the auto manufacturer most committed to the economically-ailing country. General Motors and Ford are also big operators […]

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Russian Car Sales Fall Quickens

Business And Confidence Collapse As Rouble Weakens. “massive net capital outflows have continued which continues to undermine the value of the rouble” The fall in Russian car sales accelerated in June and is likely to gain pace as business and consumer confidence collapses, according to IHS Automotive. This will be of huge concern to manufacturers, […]

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Russian Car Sales Slip Into Reverse, Hit By Political Problems

Long-Term Forecast Scaled Back Too, Although Market Will Be Huge. Long-term growth forecasts for the Russian car market are being slashed, as short-term sales plunge because of political worries, economic problems and currency weakness. According to industry consultants Roland Berger, the previous hope that Russian car sales could hit four million a year by 2020 […]

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Turmoil In Emerging Markets Will Roil Big Manufacturers

Brazil Slipping, Turkey, Russia Too. Thank Goodness For China, But Will That Last? Emerging markets looked like a license to print money for hard-pressed vehicle makers for a while, but times are changing as economic frailties curb demand and foreign exchange turbulence makes business volatile and unpredictable. Traditional markets are bringing in the profits with […]

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