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ACEA Reports Deliveries Down in the EU in all Segments During Q1


ACEA reported commercial vehicle registrations in the EU in March dropped 9.8% and 11.0% for the first quarter. In March new commercial vehicle registrations in the EU fell for the 15th consecutive month, totaling 166,402 units, with France down 10.2%, Germany down 18.5%, Spain down 20.2% and Italy down 20.3%, while the UK was the only market which increased 7.7%. For ...
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Volkswagen forecasts stagnating operating profit in 2013
Volkswagen AG forecasts that operating profit this year will match last year's level, as the shrinking auto market in Germany affects earnings. Earnings before interest and taxes, which rose 2.1 percent ...
EU car registrations reach record low
New car registrations in the European Union fell to a record low, because of weak demand in several key markets, including Germany. "New registrations amounted to 885,159 units, reaching a historic ...
Commercial Vehicle Sales Down 12.4% in the EU in 2012
According to a recent ACEA report commercial vehicle registrations dropped 12.4% in 2012 and 23.4% in December in Europe. In December sales of new commercial vehicles continued to fall reaching 125,825 ...
Opel to cut production again by 10 pct in 2013
German carmaker Opel, the European arm of General Motors is planning to cut production in Europe by more than 10 percent in the year that just begun, blaming weak demand ...
Commercial Vehicle Sales in Europe Reached 3-Year Low in November
According to data released by ACEA, new commercial vehicles registrations in Europe have dropped in November to the lowest level in 3 years. According to the European Automobile Manufacturers' Association last ...
ANFIA Association Sees Auto Sales in 2013 Flat
According to Italian automakers’ association ANFIA, auto sales in Europe will remain flat in 2013. So far this year, auto sales in Western Europe have dropped 7.3% to 10.33 million vehicles, ...
Sergio Marchionne reelected as ACEA president
Chrysler and Fiat CEO Sergio Marchionne has been re-elected as the president of the European Automobile Manufacturers Association (ACEA) after he concluded his first term. Marchionne's first term at the helm ...
EU and Japan to start negotiations for free trade agreement
The European Union today agreed to start negotiations for a free-trade agreement with Japan, despite opposition from European automakers. According to the ACEA lobby group, a free trade agreement with Japan ...
EU Auto Sales Down in October
Although in October auto sales in Europe shrank at a slower pace compared to other months, almost all automakers reported double digit losses. In the EU, new car registrations in October ...

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