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Tag Archives: Covid pandemic
July Global Sales Days Dogged by Delta, Semiconductors
“The semiconductor shortage held back the post-lockdown recovery of vehicle sales in Europe, while its impact on inventories in the US meant average transaction prices soared. Meanwhile, rising Delta variant cases threaten to worsen the outlook in parts of Asia.” Continue reading
Daimler Raises Financial Targets After Strong Q1 Results
The good operating performance in the first-quarter translated into an EBIT surge to €5,748 million (Q1 2020: €617 million). Adjusted EBIT, reflecting the underlying business, also multiplied to €4,970 million (Q1 2020: €719 million). China, the world’s largest vehicle market, was a key component in the comeback after it successfully fought off the Covid pandemic that Europe and the Americas are still struggling with. Continue reading
Posted in financial results
Tagged auto industry commentary, autoinformed, autoinformed.com, Covid pandemic, daimler, Ken Zino
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US Airline Passengers Up in Jan 2022. Still Down from 2020
This of course was long before Putin’s war against democracy in Ukraine and economic sanctions were imposed, with more likely. Following are BTS data points. Continue reading →