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 […]
Tag Archives | United-States
U.S. Jobless And Demographics May Derail Sales Rally
Non-College Majority Buy More Cars But Suffer Rising Unemployment Forecasters are scrambling to raise their forecasts for the booming U.S. car market, but PriceWaterhouseCooopers’ Autofacts has a cautionary tale to tell; the rally won’t return to previous peaks if unemployment continues to hit the poorly educated majority of the workforce disproportionately. As the U.S. economy […]
High Oil Prices May Undermine Ford, GM, U.S.-Market Recovery
Japanese, Europeans Better Placed With Fuel Efficient Line-ups Persistently high oil prices could stall the recovery at Ford and General Motors, and boost Japanese carmakers and Europeans like Daimler, BMW and Volkswagen, Moody’s Investors Service said. The price of crude oil has jumped to around $115 from below $80 last September, as demand has recovered […]
Americans will buy more Bentley limousines this year
Bentley, the British luxury car manufacturer now owned by Volkswagen of Germany, expects sales to Americans to grow in 2011, while global sales will accelerate by more than 10 per cent. Last year, Bentley’s sales in America increased six per cent to 1,531. That might not sound like many, until you consider the cheapest Bentley […]
U.S. Market Will Improve, Radically, Say Some
Consensus For 2011 Is Close To 12.7 Million, But 15 Million Mooted It looks like stagnation for Europe next year, but some analysts are busily junking their conservative projections for U.S. car sales in 2011 in favour of much more aggressive targets of up to 15 million. 2010 is expected to end up at around […]
U.S. Car Sales May Be About To Accelerate
Pent Up Demand Could Erupt As Consumer Expectations Improve But J.D.Power Nervous About Possible Setback The recovery in the U.S. light vehicle market has been stuttering and threatening to stall of late, but some experts believe that strong growth will soon return, although nobody is protecting a return to the glory days, yet. Morgan Stanley […]
U.S. Auto Sales Stutter, But Still Set To Rally Next Year
Europe Will Languish While U.S. Spurts Dollar Strength Allows Germans To Sell Less, Make More Auto sales in the U.S. will recover significantly in 2011, despite the unexpected slowdown in 2010, according to Bernstein Research analyst Max Warburton. Warburton said the U.S. market could improve by at least 20 per cent in the medium term, […]
Gloom And Doom The Watchwords At Geneva
Sales Prospects Dire, Particularly In Germany Huge CO2 Mitigation Costs Cast A Long Shadow Plenty Of Ideas To Save The Planet, Including A Hybrid Ferrari There wasn’t much for the European auto industry to celebrate as the annual Geneva Car Show got underway. Sales prospects look dire, with Europe as a whole likely to see […]
Bloated Europeans Need Some U.S. Medicine
U.S. Takes Out Capacity, Slashes Costs French Protectionism Means Renault, Peugeot Suffer In Long Run Will Renault, Mercedes Deal Solve Any Problems? “Renault wanted to merge with General Motors, while Mercedes wriggled out of ties with Mitsubishi, then Chrysler” As the Detroit Car Show disappears in the rear view mirror, Americans can look forward to […]
Outlook for U.S. Market Is Mediocre, According to Fitch
Don’t Hold Your Breathe If You Want Return Of Glory Days Toyota, Honda Under Pressure; Kia/Hyundai Poised To Pounce U.S. light vehicle sales are likely to improve a bit in 2010, but worries about a double-dip recession or spike in fuel prices are a cause for concern, said Fitch Ratings of the U.S. High unemployment, […]