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Tag Archives: acea
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
EU Sales Recover in December. Six Year Trend Still Down
The automaker trade group says that from January to December, the EU market recorded 11,850, 905 new cars. With a decrease of -1.7% in 2013, European new car registrations have been on the decline for six consecutive years. Continue reading
Posted in sales
Tagged acea, autoinformed, autoinformed.com, european sales, Ken Zino
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EU November Cars Sales Up Slightly
In absolute numbers, this represents the third lowest level recorded for a month of November since ACEA, the automakers trade group, recorded new registrations in the EU27 in 2003. Continue reading
European Car Sales Down. Lowest Level Ever for Year
From January through August 2013, new car sales amounted to 7,841,596 units or 5.2% less than in the same period last year. This means that it was the lowest January to August level ever recorded since record keeping began in 1990, according to ACEA, the automakers trade association. Continue reading
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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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New ACEA Head Announced as EU Crisis Continues
The automotive sector contributes positively to the EU trade balance with a €92 billion surplus, much of it at the expense of American autoworkers who pay taxes to underwrite lavishly NATO and European defense budgets giving German automakers in particular an unfair subsidy according to a growing number of critics of the U.S. defense budget and the State Department under the ‘no jobs’ Obama administration. Continue reading
Posted in news analysis, people
Tagged acea, autoinformed, autoinformed.com, eu, Ken Zino, nato, taxpayer subsidies
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EU Car Sales Decline 10% in March as Crisis Continues
Sales of new light vehicles in the EU declined once again in March as the rate of contraction increased. During the month passenger cars sales dropped -10.2% compared to – 9.8% less in the first three months of 2012. It was the eighteenth consecutive month of sales declines. Q1 sales of 2,989,486 were weak and apparently getting weaker as the year continues. Continue reading
Posted in auto news, results, sales
Tagged acea, autoinformed, autoinformed.com, eu sales, Ken Zino
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EU Commercial Vehicle Sales Plunge 13% in February
Demand for new commercial vehicles in the EU during February was down for the fourteenth consecutive month in a decline that hurt all vehicle segments. Continue reading
Posted in auto news, economy, sales
Tagged acea, auto informed, autoinformed.com, automotive news, eu, eurozone, Ken Zino
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EU Car Sales Drop 10.5% During February to 795,482
Passenger car registrations plummeted in the 27 markets of the EU during February of 2013 to fewer than 800,000 units, a 10.5% drop from the same month last year. In February, the UK was the only country to post growth (+7.9%). All other major markets faced a downturn ranging from -9.8% in Spain to -10.5% in Germany, -12.1% in France and -17.4% in Italy. Continue reading
Posted in auto news, economy, sales
Tagged acea, auto informed, autoinformed.com, automotive news, eu, eurozone, Ken Zino
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EU Passenger Car and Commercial Vehicles Sales Down Again
Thus far the European auto industry has done little to reduce its capacity, which is now widely discordant with constantly falling demand. GM is planning to close its Opel Zafira plant in Bochum, Germany after the run-out of the current Zafira in 2015, but that is not enough to return Opel to profitability after decades of losses totaling hundreds of billions dollars. Opel employs 20,800 people across Germany and more than 40,000 across Europe. The head of GM Europe was ousted earlier this month over the continuing losses and the lack of progress. Continue reading
Posted in auto news, marketing, news, news analysis, results, sales
Tagged acea, auto informed, autoinformed.com, automotive news, eu, eurozone, ford Europe, Ken Zino, opel, PSA, results, vw group
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EU Pols Say Tough New CO2 Limits Will Create Auto Jobs
As part of the proposal adopted yesterday by the European Commission to limit drastically CO2 emissions from cars and light commercial vehicles, there were claims made that it makes economic sense. Continue reading
Posted in auto news, economy, environment, fuel economy or emissions, news, news analysis
Tagged acea, auto informed, autoinformed.com, automotive news, co2 eu, emissions, Ken Zino
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EU Car Sales Down 8.7% in May. Eight Straight Months of Drops
New passenger car sales in the EU declined 8.7% in May to 1,106,845. It was the eighth consecutive month of sales declines, according to ACEA, the automakers association. Five months into the year, new registrations amounted to 5,442,326 units or 7.7% less than in the same period last year as the EU is headed for its fifth straight year of car sales declines with unemployment at depression levels. Continue reading
Posted in auto news, economy, results, sales
Tagged acea, auto informed, autoinformed.com, automotive news, eu sales, Ken Zino, marchionne, may sales, results
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EU Commercial Vehicle Sales Drop 12% in April
Unlike the car market in Europe, which is in its fifth straight year of declining sales year-over-year, the commercial vehicle market was posting small gains until about a year ago. The declines since then are an ominous sign that EU economic problems are deepening as voters are turning out existing governments and demanding economic stimulus packages from new or surviving ruling elites. Expanding debt ridden national economies has thus far have been resisted mostly by the German government, which has a relatively stronger economy keeping it in power for the moment. Continue reading
Posted in auto news, economy, news, news analysis, results, sales
Tagged acea, auto informed, autoinformed.com, automotive news, eu, eu commercial vehicle sales, eu sales, Ken Zino, results
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EU Automakers Protest Globalization as Trade Policy
Call it pragmatism or pure hypocrisy, but the Association of European Automakers – ACEA – is protesting trade negotiations to open markets. This is the so-called globalization that many – if not all- of its parent automaker companies previously used to break or weaken unions as they moved jobs away from their older, established manufacturing sites. Now, the effect of globalization is coming home to an impoverished European roost as the EU opens up formerly protected markets to developing countries, some of which produce automobiles. Management and remaining workers are in danger of losing their jobs this time. Continue reading
Posted in auto news, economy, labor issues, news, news analysis, people, transportation
Tagged acea, auto informed, autoinformed.com, automotive news, eu trade policy, free trade agreements, Ken Zino, marchionne, trade wars
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February Car Sales Drop 10% as Eurozone Crisis Goes On
The dismal sales data, which has potential implications for the U.S. presidential election since all the Detroit Three companies are mired in losses from their European operations and previous taxpayer assistance remains controversial, confirmed what ACEA President Sergio Marchionne, the CEO of Fiat S.p.A. said two weeks ago. Continue reading
Posted in auto news, economy, marketing, results, sales
Tagged acea, auto informed, autoinformed.com, automotive news, eu sales results, eurozone, february sales, Ken Zino
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