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GM is confident pn the European rebound


Years of economic incertitude took the car industry to a two-decade low, but now the rebound has finally grasped the European region, even as political instability plagues Ukraine and Russia. During the announcement for the second-quarter profit earnings, GM also talked about its ailing European business, reiterating its previous goal to return to profitability in Europe "by mid-decade." The ACEA European ...
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More rebound articles

US: strong automotive sector buoys entire economy
As almost all automakers selling cars in the US reported better than expected sales, the promising outlook seems to cast a positive light on the outlook for the wide-economy, which ...
US: analyst disputes recovery, says sales are just now rebounding
Itay Michaeli, an automotive analyst for Citi Investment, offered an assonant view of the US auto industry. On average, automotive sales have rebounded 10% annually every year for the last four ...
China sales go up in the first nine months
China’s passenger-vehicle sales last month climbed the most since January helped by a recovery in economic growth and rebound in demand for Japanese brands. The fastest pace of auto sales in ...
October US car sales to rebound after government shutdown
As analysts forecast a sales rise this month, it seems the turmoil created by the government shutdown – and the subsequent impact on consumer confidence hasn't ultimately impacted car sales. Kelley ...
Auto Sales in Europe Expected to Slightly Rebound in 2014
Analysts expect auto sales in Europe to increase by 3% in 2014, due to increased consumer demand. “We do expect a bit of a dead-cat bounce,” Goldman Sachs automotive analyst Patrick ...
Automakers and analysts disagree on Europe’s sales rebound
European passenger car sales have been on a dry streak for the past six years and as always analysts and automakers try to see the light at the end of ...
Nissan Expects Sales in China to Rebound in Three Months
Nissan said it expects sales in China to rebound in the following three months, as sales for Japanese vehicles begin to recover. “We’ve seen growth in retail year on year in ...
January Reports Offer Little Hope of Recovery in Europe
Last month new-car sales in western Europe fell 9.5% to 851,547 units, implying a tough year for auto sales on the continent. “Challenges for the industry in the region remain significant,'' ...
Bosch Predicts Sales Will Rebound in 2013
Although Bosch’s auto division reported record global sales of 30.9 billion euro, up 1.7%, last year, it still missed the 2012 target by 600 billion euro. Bernd Bohr, the auto division ...

latest automotive news
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