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Tag Archives: eu
Brexit – UK Car Production Declines -10.6%. Exports Hit
British car manufacturing output declined -10.6% in July, with 108,239 units produced, according to figures released by the Society of Motor Manufacturers and Traders (SMMT). This was the 14th successive month of decline as ongoing weakness in major EU and … Continue reading
Posted in economy, fools 'n frauds, transportation
Tagged auto industry commentary, autoinformed.com, automotive blog, Boris Johnson, Brexit, eu, Ken Zino
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Ford to Add Fiesta and Focus EcoBoost Hybrids in Europe
Echoing competitors who are leading while bowing to EU regulations, the Fiesta and Focus EcoBoost Hybrid models will be unveiled in Amsterdam next week as part of a “comprehensive and compelling new line-up of Ford Hybrid and all-electric cars, SUVs and commercial vehicles.” Continue reading
British Car Manufacturing Declines -19.6% In November
While home production fell by -1.9% in the month, exports experienced a steeper -22.8% drop – falling for the fifth month in a row. Just over 105,000 cars were exported to global markets in November, still representing some eight in every 10 cars leaving British factories. Continue reading
GM to Announce Sale of Opel/Vauxhall this Monday with Investors’ Call and a Press Conference
If the deal goes through, it would mean GM’s presence in Europe would be limited to niche sales of Cadillac, and Chevrolet Camaro and Corvette models – all of them exports. PSA is the third largest automaker in Europe behind Renault. Volkswagen Group leads in Europe PSA Group’s sales were 1,930,000 vehicles and increased by 3.6% in 2016. In 2016, global sales increased by 5.8%, to 3,146,000 units. Continue reading
General Motors to Sell Opel/Vauxhall and Leave Europe?
If the PSA deal goes through, it would mean GM’s presence in Europe would be limited to niche sales of Cadillac, and Chevrolet Camaro and Corvette models – all of them exports. Continue reading
Posted in auto news, economy, milestones, news analysis
Tagged autoinformed, autoinformed.com, eu, European Parliament, gm europe, Ken Zino, Opel Vauxhall, opel/vauxhall, PSA
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Automakers Protest European Laws Targeting Diesel Use
The automakers reason, not without some basis in fact – that the most effective way to improve air quality is getting older cars and trucks off the road. New vehicles less than one year old are roughly 5% of the road population in the EU. As more of the older diesels are replaced, it looks like fewer of them will be diesels, no matter how clean the newest ones are. Continue reading
Posted in auto news, environment, fuel economy or emissions, news analysis
Tagged acea, autoinformed, autoinformed.com, CLEPA, co2, Diesel fuel, eu, Ken Zino
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EU February Car Sales Increase. Signs of Life?
EU February car sales increased for the sixth consecutive month, with a rise of 8% in registrations. However, in absolute figures, the 861,058 units registered marked the second lowest result to date for a month of February since ACEA, the automakers trade group, began keeping track in 2003 with the commencement of an enlarged EU. Continue reading
Peugeot Q3 Sales, Revenues Down. GM JV Scaled Back
The Peugeot Group this morning in Paris posted Q3 revenues of €12.1 billion, down -3.7%. Automotive revenues were €8 billion, down -5.8%. Continue reading
Posted in financial results
Tagged autoinformed, autoinformed.com, eu, GM, Ken Zino, Peugeot
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August European Auto Sales Down Again
Auto sales in Western Europe fell by 5.3% in August dashing the hopes of auto executives that the market had finally bottomed out while continuing a five year negative trend as the results continue to confirm the bleak conditions facing the industry. Continue reading
Renault Profits Climb to €583 Million despite Eurozone Crisis
Renault posted a profit of €583 million in the first half of 2013 in the face of the Eurozone crisis. The unexpected positive increase of 15% in earnings compared to last year came as Group revenues of 20,441 million dropped – 0.9% compared to the first-half 2012. Automotive operational free cash flow was negative at -€31 million with an automotive net cash of €732 million at end of June 2013. Continue reading
Posted in auto news, financial results
Tagged autoinformed, autoinformed.com, carlos ghosn, eu, european economy, Ken Zino, renault-nissan
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EuroSlump Goes On – June Commercial Vehicle Sales Drop -5%
During June commercial vehicle sales in the EU dropped by -5% in the EU as vehicle registrations continued their downward trend to 149,996 units. In another dismal month, all segments were down, from -4.2% for vans to -14.0% for buses and coaches. Continue reading
Posted in economy, sales
Tagged autoinformed, autoinformed.com, eu, eu crisis, Ken Zino
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Milestones – 500,000 Porsche Cayenne Made in Leipzig
German Chancellor German Chancellor Angela Merkel last week killed a draft European Union law aimed at reducing carbon dioxide. Merkel facing federal elections in September, said “This is also about employment,” a concept that has eluded EU politicians for more than five years as the economic crisis deepens, but not for the lavishly paid, fed and housed Eurocrats. Continue reading
Posted in auto news, fuel economy or emissions, milestones
Tagged acea, autoinformed, autoinformed.com, co2, eu, Ken Zino, leipzig, merkel
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European Car Sales Down Again in June. EU Slump Continues
The drop was in stark contrast to the recovering U.S. auto market, which is within a year or two to obtaining pre-Great Depression levels and the booming Chinese market,which at 23 million or more units this year will once again be the world’s largest. Once again the specter stalking European politicians whose austerity policies induced the ongoing human tragedy, is the their leadership role in the unchecked decline, which much like the decline of European power after a generation was slaughtered during WW1 is looking to be structural and permanent. Continue reading
Posted in auto news, economy, sales
Tagged autoinformed, autoinformed.com, eu, eurozone crisis, Ken Zino
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Western European Car Registrations Fall by -8.5%
“We suspect that last month’s strong sales may have been the result of an increased use of self-registrations by dealers and OEMs, ahead of further changes to WLTP regulations which came into effect on 1 September, and we may therefore see some payback in selling rates in the coming months,” says LMC. Continue reading →