Tag Archives: eu sales

European Car Sales Rise 7% in May. Still Lag Pre-Crisis Levels

European car sales are of concern for U.S. taxpayers because they have been undermining the financial performance of General Motors and Fiat, which controls Chrysler. Both GM’s Opel subsidiary and Fiat are struggling in Europe. Even Ford Motor results are negatively affected by Europe, which remains a drag on its earnings. Continue reading

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New Vehicle Sales in Europe Fall Again in April and Year-to-Date

European sales results are of concern for U.S. taxpayers because they can undermine the results at General Motors and Chrysler, which is controlled by Fiat. Both Opel and Fiat are struggling in Europe. Even at Ford Motor results are negatively affected by Europe, which remains a drag on earnings. Continue reading

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EU Auto Production Still Well Below Pre Crisis Levels

New passenger car production in the European Union (EU) grew in the first half of this year before dropping by 5% in the third quarter, as sales slumped, the European Automobile Manufacturers Association (ACEA) said today. The unemployment rate in … Continue reading

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