New Asian carmakers are already making gains in Europe, especially Chinese brands in the #Rental sector, but @Autovista24Tom considers their wider disruptive potential.
The decline in the #EU light commercial-vehicle market was slightly less severe in September than in August and UK growth boosted the wider #Europe region. But the sector continues to lag behind the recovery of the #newcar market.
https://t.co/NFxd1NFLzS
Must share this typically well-crafted article by colleague @Autovista24Bex about carmakers striving for #sustainability with #circulareconomy initiatives that go beyond reducing #Emissions from vehicles and their manufacturing facilities.
An insightful article by @autovista_group chief economist @EngelskirchenC about the benefits and challenges of carmakers embracing an agency model for #newcar sales.
@hughsheehy@ACEA_auto@autovista24 Absolutely Hugh! Delivery times for many EVs are exceeding a year as is and underlying demand is now under threat too, especially as governments reduce/remove subsidies. Charging developments are thus even more crucial to help people make the switch.
September @ACEA_auto figures show second consecutive month of growth for EU #newcar registrations. @autovista24 has subtly upgraded the 2022 EU forecast but Europe-wide, these gains are negated by weaker UK and EFTA market outlooks. #Forecasting
https://t.co/k34vf0ufgr
With the challenging #automotive environment in Europe, brands like @Citroen are finally looking to the fourth most populous country in the world. #Indonesia
An insightful gem from @Autovista24Bex about the #electrification of #carrental fleets. Chinese carmakers are gaining a foothold as waiting lists for European #ElectricVehicles commonly extend beyond a year...
Expecting EU new-car market to fall again, European Automobile Manufacturers' Association (ACEA) calls for policy support
Read more https://t.co/N6BXSkptFs
#NewCar#Automotive#Cars#ACEA#News#BMW#Europe
New-car registrations jumped 14.1% y/y in #Germany in September, exceeding @autovista24 expectations. Still down 7% in the year-to-date though and clearing the backlog helps now... but not as demand cools... #Forecasting
https://t.co/wZAILKGbcp
The second consecutive month of year-on-year growth in the #French, #Italian, and #Spanish#newcar markets is good news per se but this is against a low base of comparison in September 2021... and the recovery has actually derailed in Italy. #Forecasting
https://t.co/zimHZoBuWX
Demand for #usedcars may be cooling but there are greater opportunities for cross-border #usedcarsales on the horizon as #digitalisation gathers pace and car #manufacturers standardise their equipment and trim-line offerings (and naming conventions).
https://t.co/exUJGy3I6Q
European #usedcarsales are cooling but @autovista24 analysis shows residual values remain high due to the limited supply of #usedcars, especially as the #rental and business channels hold on to their fleets because of the ongoing #newcar shortages.
https://t.co/UBxb3sXpVd
European new-car registrations enjoyed year-on-year growth in August but the light-commercial vehicle sector is stuck in reverse gear. This suggests supply and sales of #vans are more adversely affected by the #EnergyCrisis, #semiconductor shortages, and the #WarInUkraine
European new-car registrations grew 3.4% year-on-year in August per @ACEA_auto, after 13 consecutive months of decline. This confirms @autovista24's expected ongoing improvement in supply, but a 5% downturn is forecast for 2022.
#forecasting#carsales
https://t.co/8zUgKJvjDT
The latest @autovista24 outlook calls for 4.5% fewer new-car registrations across the big five European markets in 2022, but @autovista_group chief economist @EngelskirchenC forecasts sales of #usedcars falling about 10% compared to 2021.
https://t.co/5bkGz7A3cD
#MercedesBenz has extended its line-up of EQ #electricvehicles with the EQE executive saloon. Can the new model's pricing, design and range convert E-Class buyers and help reverse the segment's decline as consumers switch to #SUV?
https://t.co/r3EHjpWD6Q
With oil companies generating record profits, could they increase their planned investments in #ElectricVehicle charging points and help to wean us off oil quicker?