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Tag Archives: european sales
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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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
Posted in auto news, news analysis, results, sales
Tagged acea, april results, auto informed, auto news, autoinformed, autoinformed.com, automotive news, eu sales, european sales, european union sales, Ken Zino, results
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European Car Sales Decline in January
For U.S. taxpayers with substantial stakes in Fiat-controlled Chrysler and GM there were uneven results. Chrysler sold a mere 2,353 vehicles in January, down 24%. However, CEO Sergio Marchionne maintains that Lancia can help Chrysler sales by distributing its cars, and Jeep has substantial room for growth.
The Opel/Vauxhall subsidiary of GM posted a rise of 6% to 72,553 vehicles helped by growth in Germany. Opel, with more than 40,000 employees in Europe, lost the owners of GM, including U.S. and Canadian taxpayers more than $1.1 billion in the first three quarters of 2010, with the final results not in yet. Continue reading
Posted in auto news
Tagged acea, auto informed, auto news, autoinformed, autoinformed.com, automotive news, ec sales, europe auto sales, european sales, fiat Chrysler, gm opel, jeep, Ken Zino, lancia, marchionne, results, zino
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