U.S. Light Vehicle Outlook
|
|
- Quentin Wilson
- 5 years ago
- Views:
Transcription
1 U.S. Light Vehicle Outlook George M. Magliano Director, North American Automotive Industry Research March 2008 Copyright 2008 Global Insight, Inc. 1
2 U.S. Economic Overview Copyright 2008 Global Insight, Inc. 2
3 Economy The Slippery Road to the Recession 2004 Oil prices begin to rise early in year, hit $50 per barrel at year-end FED starts raising interest rates at start of Housing peaks in mid-year 2006 Economy slows in mid-year Sub-prime credit crisis appears early in 2007 Oil hits $75 per barrel in mid-year and $100 by year-end Interest rates stop rising at the year-end Housing deteriorates year-end Economy declines at the beginning of the year Consumer begins to pull back starting in January FED begins aggressively cutting interest rates in January Tax stimulus package enacted first quarter Economy stabilizes second half 2009 Economy recovers second half Copyright 2008 Global Insight, Inc. 3
4 The U.S. Economy Is in a Recession The housing crash, credit crunch, and high oil prices have pushed the U.S. economy into a mild recession The downturn is spreading beyond housing, as credit tightens Home sales, prices, and construction will fall further Consumers and businesses will spend cautiously The export outlook still looks positive, and must remain so, if the economy is to avoid a deeper downturn The Fed is likely to cut interest rates at least twice more Fiscal and monetary stimuli will help to revive growth in the second half, not avert the recession Plan for a mild recession lasting through spring 2008 Copyright 2008 Global Insight, Inc. 4
5 U.S. Economy: In a Mild Recession The Worst is Yet to Come (Percent unless otherwise noted) Real GDP Growth Employment Growth CPI Inflation Oil Prices (WTI, US$/bbl) Housing Starts - mm Federal Funds Rate year Government Bond Yield Dollar (Major Trading 2000=1) Copyright 2008 Global Insight, Inc. 5
6 The Domestic Economy Really Struggles in 2008 Autos Are Part of the Domestic Economy (Annualized rate of growth) 6 The recession will not be mild as far as the auto market is concerned Real GDP Domestic Demand Copyright 2008 Global Insight, Inc. 6
7 Little Relief From High Crude Oil Prices And Still a Major Risk Factor 100 (West Texas Intermediate price, dollars per barrel) High oil and gasoline prices have negatively impacted auto volume Copyright 2008 Global Insight, Inc. 7
8 What If Oil Is $10 Higher Than Our Baseline? Changes from baseline, 2008 Real GDP -0.2% Real Disposable Income -0.4% Real Consumer Spending -0.3% Gasoline Prices +19 cents/gall CPI +0.5% Employment -100,000 Light Vehicle Sales -190,000 Source: Global Insight U.S. Model Simulation, September 2007 Copyright 2008 Global Insight, Inc. 8
9 Household Energy Spending Accounts for Less of Family Income 10 (Percent of disposable income) Gasoline Consumption All Energy Consumption Copyright 2008 Global Insight, Inc. 9
10 A Four-Year Decline in U.S. Home Prices (Year-over-year percent change) A 10% price decline would reduce housing wealth by $2.1 trillion. With a wealth effect of.06, consumption would be cut by $126 billion, or 1.3% Average Existing Single-Family Home Price Copyright 2008 Global Insight, Inc. 10
11 Housing Starts Will Hit Bottom in (Millions of units) The housing boom sales, starts and prices, was a major plus for autos Single-Family Multi-Family Copyright 2008 Global Insight, Inc. 11
12 Payroll Employment Growth Has Stalled 3 2 (Percent change, annual rate) Without jobs, the first time auto buyer is not in the showrooms Copyright 2008 Global Insight, Inc. 12
13 Consumer Spending Growth Has Slowed Tax Rebates Will Provide a Temporary Boost Autos can not buck a retrenchment in consumer spending & slow income growth 5 (Percent change) 4 Includes tax rebates Real Consumer Spending Real Disposable Income Copyright 2008 Global Insight, Inc. 13
14 The U.S. Dollar Hits Record Lows A weak dollar pressures import prices & hurts profitability, but is not the end of the world 1.3 (Real Trade-Weighted Dollar Index, 2000=1.0) Industrial Countries Developing Countries Copyright 2008 Global Insight, Inc. 14
15 Risks to the Forecast Double-Dip Recession (25% probability): Home prices, sales, and construction fall more sharply Higher inflation and a weakening dollar force the Federal Reserve to raise interest rates in late 2008 As the fiscal stimulus wears off, the economy slips back into recession in early 2009 Touch and Go (25% probability): Business investment and exports show more robust growth Housing markets rebound more quickly Lower oil prices and stronger productivity gains lead to milder inflation, keeping long-term interest rates low Copyright 2008 Global Insight, Inc. 15
16 Real GDP Growth in Alternative Scenarios 8 (Percent change, annual rate) Baseline (50%) Pessimistic (25%) Optimistic (25%) Copyright 2008 Global Insight, Inc. 16
17 Economy Bottom Line The U.S. economy is in a mild recession Weakness in consumer spending and investment will be cushioned by strength in exports Tax rebates and further interest rate cuts will boost activity in the second half of 2008 Home sales and construction should hit bottom later this year, but prices will fall into 2009 Inflation will settle near 2% The current recession is a temporary cyclical phenomena not a long term condition (stagflation) Copyright 2008 Global Insight, Inc. 17
18 Auto Market Overview Copyright 2008 Global Insight, Inc. 18
19 U.S. Economy and the Auto Market The Recession s Impact on Auto Sales Sales will dip into the mid-fifteen million unit range and stay there for the first half of 2008 Every manufacturer, except BMW and Mazda, lose volume Detroit Big 3 will lose two points of market share, GM one point on its own Economic factors weighing on Detroit: Housing slump especially for big pickups Subprime credit crisis Decline in employment & high oil prices should impact their buyer more Continued reduction in rental fleet sales Asian Big 3 gain more than a point Copyright 2008 Global Insight, Inc. 19
20 Credit Crisis Hits the Auto Market Since 2005, OEMs have provided customers with low interest rates, long loan maturity and low down payments to encourage them to buy new cars and trucks Unfortunately this is potentially dangerous because of defaults and it takes a long time for this type of buyer to return to purchase new vehicles Initially the subprime crisis had a minimal impact as marginal and subprime buyers were driven out of the showrooms Subprime issues trigger a credit crisis negatively impacting housing and then economy ultimately hurting the consumer Consumer confidence plunges Credit standards get tougher and loan availability suffers Auto loan delinquencies and defaults begin to rise to recessionary levels Mortgage payments go up driving the value and marginal buyer out of the auto market Copyright 2008 Global Insight, Inc. 20
21 New Auto Loan Rates Finance Companies (Percent) Long maturity, low down payments & huge amounts financed are dangerous Federal Reserve Board Months Copyright 2008 Global Insight, Inc. 21
22 New Auto Loan Rates Delinquency Rates 3.0 (% - Accounts past due 30 days or more) The subprime crisis hits auto dealers Federal Reserve Board Direct (Bank) Loans Months Indirect (Dealer) Loans Copyright 2008 Global Insight, Inc. 22
23 New Vehicle Buyers Average Credit Score Avg. Score Percent The sloppy practices of are over % 11% 1/1/2005 3/1/2005 5/1/2005 7/1/2005 9/1/ /1/2005 1/1/2006 3/1/2006 5/1/2006 7/1/2006 9/1/ /1/2006 1/1/2007 3/1/2007 5/1/2007 7/1/2007 9/1/ /1/2007 1/1/2008 FICO SCORE % UNDER 670 Copyright 2008 Global Insight, Inc. 23
24 Manufacturer Incentives While Value Pricing is the standard, look for the selective use of incentives in 2008 $6,000 $5,500 $5,000 $4,500 $4,000 $3,500 $3,000 $2,500 $2,000 $1,500 $1,000 Jan-04 Jul-04 Jan-05 Jul-05 Jan-06 Jul-06 Jan-07 Jul-07 Jan-08 GM Ford Chry Toyota Nissan Honda Hyundai Kia Subaru CNW Marketing Months Copyright 2008 Global Insight, Inc. 24
25 CPI New Cars & Trucks 4% (Percent change, year over year) 3% 2% 1% 0% -1% -2% Actual transactions prices will still have to decline to support sales Copyright 2008 Global Insight, Inc. 25
26 Lease Share 30 (Percent) 28 Leases have come back into vogue CNW Marketing Months Copyright 2008 Global Insight, Inc. 26
27 CPI Used Cars & Trucks (Percent change, year over year) 12% 10% 8% 6% 4% 2% 0% -2% -4% -6% -8% Copyright 2008 Global Insight, Inc. 27
28 Median Age New Vehicle Buyer (Years) Because of the economy, the mature buyer dominates the market, again CNW Marketing Months Copyright 2008 Global Insight, Inc. 28
29 United States Car & Truck Sales, SAAR 21.0 (Units in millions) Annual trend The economy has caused the auto market to downshift Jan-00 Jan-01 Jan-02 Jan-03 Jan-04 Jan-05 Jan-06 Jan-07 Jan-08 Months Copyright 2008 Global Insight, Inc. 29
30 Gasoline Retail Price All Grades Per Gallon Cents High gasoline prices are here to stay and are ingrained in the consumer s mind Source: DOE Weeks Updated 2/18/2008 Copyright 2008 Global Insight, Inc. 30
31 United States Car & Truck Sales, SAAR (Units in millions) Crossovers keep truck sales on top Jan-00 Jan-01 Jan-02 Jan-03 Jan-04 Jan-05 Jan-06 Jan-07 Jan-08 CARS LT. TRUCKS Copyright 2008 Global Insight, Inc. 31
32 U.S. Light Vehicle Sales: Big Six Business / Government / Fleet (Share) 0.40 (Percent) Fleet sales supported activity at the end of last year and in January Jan-01 Jan-02 Jan-03 Jan-04 Jan-05 Jan-06 Jan-07 Jan-08 Source: CNW Months Copyright 2008 Global Insight, Inc. 32
33 U.S. Light Vehicle Inventory Days Supply Should stocks get out of hand, production cuts will restrict the 2008 models 80 (Days Supply) Months Seasonally Adjusted Copyright 2008 Global Insight, Inc. 33
34 U.S. Light Vehicle Sales Units in millions 18.0 Market Share 70% % % % VOLUME / UNITS - L DETROIT BIG 3 SHARE - R Copyright 2008 Global Insight, Inc. 34
35 Foreign Manufacturers Sales Share of U.S. Market Market Share 32% 30% The U.S. imports 3.5 to 4.5mm vehicles a year 28% 26% 24% 22% 20% 18% 16% 14% High imports and transplant sales continue to weigh on Detroit TRANSPLANT IMPORT Copyright 2008 Global Insight, Inc. 35
36 U.S. Sales Big Six Market Share 30% 25% 20% 15% 10% 5% 0% GM FORD CHRYSLER TOYOTA HONDA NISSAN Copyright 2008 Global Insight, Inc. 36
37 U.S. Sales Asian Manufacturers 4.0% 3.5% 3.0% 2.5% 2.0% 1.5% 1.0% 0.5% 0.0% HYUNDAI KIA MAZDA MITSUBISHI SUZUKI SUBARU Copyright 2008 Global Insight, Inc. 37
38 Segment Shifts Favor CUVs Subcompact Compact Lower mid-size Upper mid-size CUV SUV Van STW Pickup Growth largely result of new models High gas prices only a minor positive, not Gen Y (they don t like small cars) Get squeezed by subcompacts and lower mid-size cars and CUVs Credit crisis will hurt the compact buyer They became the family car in 2007, generating explosive growth 2008 is merely a reaction to the big volume in 2007 and market downturn Manufacturers are exiting market (the old Taurus is gone) Gas prices hurt this segment CUVs are the family vehicle They ride better and get better mileage than SUVs, have great functionality There is a huge in flux of new products High gasoline prices and CUVs have killed the SUV sector GM and Ford have abandoned the van market for CUVs, leaving it to Chrysler and the Asian OEMs STWs are really station wagons in disguise and lose out in popularity to CUVs Full-size pickups are hurt somewhat by gas prices, but decline in housing and construction kills this sector Smaller pickups lack functionality and are not popular Copyright 2008 Global Insight, Inc. 38
39 Light Vehicle Sales Depend on the Economy 19 (Millions of units, annual rate) Baseline (50%) Pessimistic (25%) Optimistic (25%) Copyright 2008 Global Insight, Inc. 39
40 North American Production Overview Copyright 2008 Global Insight, Inc. 40
41 2008 Production Outlook Global Insight estimates North American light-vehicle production will decline to million units, - 6.1% below the million units assembled last year. The Big Three remain more vulnerable to declining assembly volume due to their product mix and dependency upon truck models; particularly full-size pickups for profits. First-quarter production schedules remain vulnerable as OEMs respond to a revised economic outlook. The current forecast reflects down time at assembly plants to address inventory on particular models. Annual light vehicle production has not been this low since 1993 when annual production was million units, and U.S. sales were million units. Copyright 2008 Global Insight, Inc. 41
42 North American Quarterly Production Outlook Quarterly Comparison Year-over-Year 1Q08 2Q08 3Q08 4Q08 CAR -5.0% -5.1% -5.2% -0.4% TRUCK -8.0% -12.8% -9.1% -0.4% TOTAL -6.7% -9.6% -7.4% -0.4% The final quarter of 2007 totaled million, 0.8% higher than the October-December total in 2006 of million. Chrysler made significant cuts to the final quarter of 2007, but General Motors added significantly more volume than scheduled. Copyright 2008 Global Insight, Inc. 42
43 OEM Annual Assembly Annual Comparison Year-Over-Year CHRYSLER 0.5% -7.6% 3.8% FORD -6.5% -8.9% 2.1% GM -8.1% -9.7% 1.1% HONDA 3.4% 3.8% 4.2% NISSAN 4.0% -5.5% -3.0% TOYOTA 7.5% 3.3% 10.1% TOTAL -1.5% -6.1% 2.7% Copyright 2008 Global Insight, Inc. 43
44 North American Light Vehicle Production (Units in Millions) 2008 Forecast Car - L Truck - L Total - R 13 Copyright 2008 Global Insight, Inc. 44
45 Big Three Assembly vs. North America 12.8 Recovery in 2011 and 2012 reflects strength of GM s new models Units/MM Big Three Total Copyright 2008 Global Insight, Inc. 45
46 General Motors General Motors continues to struggle in 2008 as output slides -9.7% y/y Economic pressures and a low point in the product cycle are key factors in decline New model introductions include: Chevrolet Traverse, Hummer H3T More buyouts still expected in 2008 plant level Annual GMT900 volume hits million units, nearly 500,000 fewer units than 2004 More significant losses for GMT360/370 platform Lambda platform is pivotal for GM as market shifts from SUVs to CUVs Zeta platform may eclipse Epsilon output; RWD a formula for success? Key to GM revitalization is global platform strategy, and product design Copyright 2008 Global Insight, Inc. 46
47 Ford Ford suffers from Big Three dependency on big trucks 2008 volume continues to decline impacting profits D3 platform has not revitalized car side of business Ford remains less competitive in the CUV segment despite the Ford Edge/Lincoln MKX Next-generation Ford Explorer (ORE) A Ridgeline competitor derived from ORE platform? Exiting traditional minivan market; Replaced with Ford Flex and Lincoln MKT B segment vehicles will be derived from Mazda2 platform; Assembly at Cuautitlan Mexico facility Ford is developing a modern RWD platform; investment will be significant Copyright 2008 Global Insight, Inc. 47
48 Chrysler LLC Under private equity: a smaller, leaner and more selective automaker than the expansion-driven division when it was under the German management of DaimlerChrysler AG Since acquiring Chrysler for $7.4 billion in August, Cerberus has been unwinding the strategy of the automaker's previous management Chrysler trimming model line-up in 2008, as well as assembly shifts Chrysler: Crossfire, PT Cruiser Cabriolet, Pacifica and Dodge Magnum Plans to eliminate an additional 11,000 jobs by end of 2008 Drop shifts at five assembly plants in the U.S. and Canada Cutting costs to improve financial results, but Chrysler still has a long road ahead for retooling its product lineup Copyright 2008 Global Insight, Inc. 48
49 Chrysler LLC in 2008 Chrysler's revenue will continue to trail costs before the company and plans to become profitable in 2009 Chrysler has announced 25,100 job cuts since February 2007 Minivan segment key to 2008 volume Ram assembly volume falling faster than GM and Ford products All-new Ram perceived as a hit at the NAIAS Chrysler s position in CUV market geared more toward STW styled models Chrysler model derived from Journey has been killed Copyright 2008 Global Insight, Inc. 49
50 Transplant Assembly vs. North America Transplants represent all the growth in North American production Units / MM Transplants Total Copyright 2008 Global Insight, Inc. 50
51 Honda Honda has adopted a more focused approach to the U.S. market by marketing products that are consistent with the Honda philosophy of engineering efficiency Leading Toyota in full autonomous product development independent of Japan All-new MDX platform fully integrates MDX, Ridgeline, and Pilot models allowing for a fourth model in line-up Adding capacity, but remains tied to unibody structures Ridgeline design tied to structural demands Ability to compete in Large CUV segment? Acura still not defined for consumer; Infiniti RWD is not off the table In the past, Honda has not understood the U.S. luxury market Copyright 2008 Global Insight, Inc. 51
52 Nissan In 2008, Nissan suffers from a slowed product cycle due to investment Nissan weighing the importance of CUV market in U.S.; Pathfinder a candidate to move to unibody structure Nissan has adopted a more Toyota-like, full line approach to the U.S. market Development delays for a full size van, as well as a cancelled heavy-duty pickup Investment in new product at assembly plants in Mexico has vastly improved utilization Cost-cutting culture put Nissan in the black; quality hurt, as well as new model cycle; but strong focus on design Copyright 2008 Global Insight, Inc. 52
53 Toyota Toyota entering a new phase of leading the pack, as opposed to tackling a challenge; as well as rising costs Global platform strategy and manufacturing practices still key to its success Not immune to quality issues Brand image solely dependent on quality Toyota's design may stifle aspirations for the brand Tundra under pressure to achieve higher volume Segment sales depressed; incentives are part of the process; not an inferior model Additional capacity expansion continues through end of decade; Woodstock, Tupelo, Mexico? The Prius Brand? A competitive advantage? Copyright 2008 Global Insight, Inc. 53
54 Hyundai/Kia Hyundai is gaining ground in the U.S. market Further growth requires a Toyota approach of increased capacity and the movement of models to the U.S. for assembly Hyundai continues to strive for premium products without a premium brand Improving their image for shoddy quality and using pricing strategy in certain segments to compete with the major players. Kia s U.S. plant delayed to open until 2010 CY Copyright 2008 Global Insight, Inc. 54
55 Summary Economic & Market Outlook The economy will be particularly brutal for the auto market in 2008 The housing downturn is a major headache Subprime crisis spreading to mainstream consumer and into the auto market The consumer now is starting to react negatively Oil prices remain high throughout the forecast Incentives and fleet sales will bolster volume in the short run, but don t expect huge fire sales New union contract will save Detroit thousands of dollars and significantly close the cost gap FED is moving aggressively, there will be light at the end of the tunnel Long term supports for auto sales - +3% economic growth, return of housing & employment, solid demographics, normal scrappage and vehicle fleet expansion Copyright 2008 Global Insight, Inc. 55
56 Thank You! George M. Magliano Tel: +1 (212) Visit our Web site at Copyright 2008 Global Insight, Inc. 56
ALG July/August 2011 Edition Report
ALG July/August 2011 Edition Report ALG July/August 2011 Edition Report Introduction: For the July/August 2011 edition, ALG has updated both gas price and used supply outlook to reflect the latest available
More informationCompany. Jonathan Smoke Remarketing Big Picture 2017 and Beyond
Company Jonathan Smoke Remarketing Big Picture 2017 and Beyond Economic Expansion Continues 10.00 REAL GROSS DOMESTIC PRODUCT (SAAR) % GROWTH BY QUARTER 8.00 6.00 4.00 3.1 2.00 0.00-2.00-4.00-6.00-8.00-10.00
More informationWholesale Market Insights Through March J o n a t h a n S m o k e & Zo R a h i m - C o x A u t o m o t i v e
Wholesale Market Insights Through March 2018 J o n a t h a n S m o k e & Zo R a h i m - C o x A u t o m o t i v e T R A N S F O R M I N G T H E W A Y T H E W O R L D B U Y S, S E L L S & O W N S C A R
More informationAutomotive Market: Where Do We Go From Here?
Automotive Market: Where Do We Go From Here? June, 3 rd 211 Federal Reserve Bank of Chicago Eighteenth Annual Automotive Outlook Symposium Jeff Schuster Executive Director, Forecasting and Analysis jeff.schuster@jdpa.com
More informationOutlook for Franchised New Car Dealers
1 Outlook for Franchised New Car Dealers Fourteenth Annual Automotive Outlook Symposium June 1, 2007 Paul Taylor, Ph.D., Chief Economist National Automobile Dealers Association, McLean, VA www.nada.org
More informationThe German Market After the Scrapping Scheme. Sascha Heiden Senior Market Analyst Automotive Analysis and Forecasting
The German Market After the Scrapping Scheme Sascha Heiden Senior Market Analyst Automotive Analysis and Forecasting The Background Following the financial crisis and its negative impact on global trade,
More informationAftermarket Trends: What will Drive Future Aftermarket Repair Opportunities in North America?
Aftermarket Trends: What will Drive Future Aftermarket Repair Opportunities in North America? Mark Seng Global Aftermarket Practice Leader July 29, 2014 - Vehicles - Powertrains - Technology & How the
More informationSan Diego Auto Outlook
Covering First Quarter 2014 Volume 14, Number 2 Comprehensive information on the San Diego County new vehicle market FORECAST County New Vehicle Market Up 6.7% in First Quarter of 2014 Registrations predicted
More informationWholesale Market Insights Through June J o n a t h a n S m o k e & Zo R a h i m - C o x A u t o m o t i v e
Wholesale Market Insights Through June 2018 J o n a t h a n S m o k e & Zo R a h i m - C o x A u t o m o t i v e T R A N S F O R M I N G T H E W A Y T H E W O R L D B U Y S, S E L L S & O W N S C A R S
More informationWhen Will the U.S. Market Recover and What Will It Look Like When It Does? George M. Magliano Director, North America
When Will the U.S. Market Recover and What Will It Look Like When It Does? George M. Magliano Director, North America Auto Market Has Downshifted and Will Remain Depressed for Most of This Year The economy
More informationDrive Market Share Gains - Automotive Industry Insights: Q4, 2010
Drive Market Share Gains - Automotive Industry Insights: Q4, 2010 Jeffrey Anderson, Director of Consulting & Analytics 2011 Experian Information Solutions, Inc. All rights reserved. Experian and the marks
More informationMARKET UPDATE & ECONOMIC OUTLOOK
MARKET UPDATE & ECONOMIC OUTLOOK Economic Expansion Accelerates For the Moment Growth surged in Q2 from average 2.1% pace over prior 14 quarters; best quarter since 2014 10.0 Real Gross Domestic Product
More informationUsed Vehicle Supply: Future Outlook and the Impact on Used Vehicle Prices
Used Vehicle Supply: Future Outlook and the Impact on Used Vehicle Prices AT A GLANCE When to expect an increase in used supply Recent trends in new vehicle sales Changes in used supply by vehicle segment
More informationVEHICLE SALES AND RECESSIONS
TOM LOVELESS Vice President Sales Kia Motors America 1 VEHICLE SALES AND RECESSIONS The volume decline over the last several years is the largest in history. Where do we go from here? 20,000,000 18,000,000
More informationFISCAL YEAR MARCH 2015 THIRD QUARTER FINANCIAL RESULTS. Updated Mazda CX-5 (Japanese specification model)
FISCAL YEAR MARCH 2015 THIRD QUARTER FINANCIAL RESULTS Updated Mazda CX-5 (Japanese specification model) Mazda Motor Corporation February 4, 2015 1 PRESENTATION OUTLINE Highlights Fiscal Year March 2015
More informationPerspectives on the Auto Industry
Perspectives on the Auto Industry 7th Annual State of the Region Conference Center for Regional Development at BGSU Perrysburg, Ohio January 28, 2009 Thomas Klier Senior Economist Federal Reserve Bank
More informationJapan s Economic Outlook No. 181 Update (Summary)
Japan's Economy 23 June 2014 (No. of pages: 17) Japanese report: 9 June 2014 Japan s Economic Outlook No. 181 Update (Summary) In this report we examine four major issues facing Japan s economy after the
More informationHow Old Cars And New Solutions Will Impact Our Industry
How Old Cars And New Solutions Will Impact Our Industry New Car Market Trends Watch the Used Car Market Tariffs and Other Concerns The Evolution of Mobility 1 2018 MID-YEAR REVIEW TRANSFORMING THE WAY
More informationSUVs, CUVs, and STWs
SUVs, CUVs, and STWs How and What Will Consumers Choose? Rebecca A. Lindland Associate Director North American Sales Detroit, 6 October 2005 EVOLVING CONSUMER PREFERENCES Challenging Opportunities Introduction
More informationAUTO INDUSTRY CHARTBOOK 1Q 2018
US AUTO INDUSTRY CHARTBOOK 1Q 218 Key Messages 1. Economic fundamentals and financial conditions remain supportive of demand 2. However, increasing off-lease returns will continue to exert downward pressures
More informationHow Will Higher Petrol Prices Impact Market Segmentation and Competitive Strategies in the U.S. Market?
How Will Higher Petrol Prices Impact Market Segmentation and Competitive Strategies in the U.S. Market? George M. Magliano Director, Automotive Industry Research Americas Market Overview Not a Bad Start
More informationChanging Pillars of Profitability: Viable Substitutes for Mid- and Full-Size SUVs. Rebecca A. Lindland Associate Director, North America Sales
Changing Pillars of Profitability: Viable Substitutes for Mid- and Full-Size SUVs Rebecca A. Lindland Associate Director, North America Sales Pillars of Profitability: Where Has Profit Traditionally Come
More informationTREND INSIGHTS Automotive Sales Analysis
TREND INSIGHTS Automotive Sales Analysis Feb. 2016 U.S. AUTOMOTIVE SALES SETS A RECORD Automotive News Data Center reported that U.S. auto sales reached all-time high in 2015 selling 17.47 million light
More informationHow Will Higher Petrol Prices Impact Market Segmentation and Competitive Strategies in the U.S. Market?
How Will Higher Petrol Prices Impact Market Segmentation and Competitive Strategies in the U.S. Market? Rebecca A. Lindland Associate Director, North America Market Overview Not a Bad Start to the Year
More informationSwapalease.com Auto Lease Trends Report 4 th Quarter A snapshot of the auto lease industry
Swapalease.com Auto Lease Trends Report 4 th Quarter 2016 A snapshot of the auto lease industry 1 About The Report Swapalease.com studies lease market trends and consumer insights each quarter. In order
More informationBLUE BOOKJUNE. Market Report. Automotive Insights from Kelley Blue Book. Joanna Pinkham Senior Public Relations Manager
BLUE BOOKJUNE 213 Market Report Automotive Insights from Kelley Blue Book NEW CAR EDITION Kelley Blue Book Public Relations Contacts: Chintan Talati Senior Director, Public Relations 949.267.4855 ctalati@kbb.com
More informationMEXICO AUTOMOTIVE OUTLOOK
Information Analytics Expertise AUGUST 7, 2014 MEXICO AUTOMOTIVE OUTLOOK Land of Promised Plants Guido Vildozo, Manager Latin America Light Vehicle Sales Forecasts, IHS / ALL RIGHTS RESERVED Agenda Global
More informationSwapalease.com Auto Lease Trends Report 3rd Quarter A snapshot of the auto lease industry
Swapalease.com Auto Lease Trends Report 3rd Quarter 2017 A snapshot of the auto lease industry 1 About The Report Swapalease.com studies lease market trends and consumer insights each quarter. In order
More informationBLOOMBERG INDUSTRIES OUTLOOK 2014
BLOOMBERG INDUSTRIES OUTLOOK 2014 21 February 2014 1 Japan Automakers Review 2013 U.S. Performance Volume Pricing Incentives Days to Turn Review U.S. Market Position in 2013 Compact Car Compact Crossover
More informationH LEASE MARKET REPORT
H1 2016 LEASE MARKET REPORT 2016 All Rights Reserved Record Lease Volume in H1 2.2M 1.6M 1.8M 1.9M 1.1M 1.2M Executive Summary H1 2011 H1 2012 H1 2013 H1 2014 H1 2015 H1 2016 Key Takeaways. Lease Volume
More informationIn Rust We Trust: Commercial Vehicle Demand Drivers and Forecast Update
In Rust We Trust: Commercial Vehicle Demand Drivers and Forecast Update Kenny Vieth ACT RESEARCH Co., LLC Federal Reserve Bank of Chicago Automotive Outlook Symposium June 5, 2009 Overview Underlying Economics
More informationDeutsche Konjunktur 2012
Frankfurt/M., 25 Januar Deutsche Konjunktur Stefan Kooths Forecasting Center, Office Berlin GDP: Moderate expansion ahead 114 25=1 QoQ annualized growth rate Level (chain index) + 2.9 +.5 + 1.7 1 112 5
More informationSwapalease.com Auto Lease Trends Report 2nd Quarter A snapshot of the auto lease industry
Swapalease.com Auto Lease Trends Report 2nd Quarter 2017 A snapshot of the auto lease industry 1 About The Report Swapalease.com studies lease market trends and consumer insights each quarter. In order
More informationThe U.S. Recovery: Back from Sabbatical
The U.S. Recovery: Back from Sabbatical Presented to: Federation of Tax Administrators Revenue Estimating Conference New Orleans, Louisiana September 22, 2003 Presented by: Cynthia Latta Managing Director
More informationAuto incentives and consumer spending on vehicles. Ted Chu, Senior Economist General Motors Corporation June 3, 2004
Auto incentives and consumer spending on vehicles Ted Chu, Senior Economist General Motors Corporation June 3, 2004 Agenda Incentive pressures and consumer affordability Dept of Commerce Bureau of Economic
More informationAutomotive. Sarasota/Bradenton/Venice Market
Automotive Sarasota/Bradenton/Venice Market In Sarasota/Manatee/Charlotte Vehicle sales cratered in 2009, but now have been up for three years in a row. Total Vehicle Sales: 2002-2012 129,434 138,791 145,584
More informationThe Impact of Generational Shifts on Product Strategy
The Impact of Generational Shifts on Product Strategy John Wolkonowicz Market Analyst Detroit, 6 October 2005 EVOLVING CONSUMER PREFERENCES Challenging Opportunities Introduction The objective of this
More informationAutomotive Outlook: Long Term Impacts on U.S. Auto Sales. Kim Hill Research Director. September 29, 2014
Automotive Outlook: Long Term Impacts on U.S. Auto Sales Kim Hill Research Director September 29, 2014 Agenda Current sales Factors that affect sales The current industry A look forward U.S. Light Vehicle
More informationSmall Cars: Reality or Myth?
Small Cars: Reality or Myth? Michael Robinet Director, Global Production Forecasts IHS Automotive February 24, 2011 Agenda Going Global US Sales Prospects NA Sourcing Summary Global Scale High Volume,
More informationDrive Market Share Gains - Automotive Industry Insights: Q2, 2010
Drive Market Share Gains - Automotive Industry Insights: Q2, 2010 Jeffrey Anderson, Director of Consulting & Analytics 2010 Experian Information Solutions, Inc. All rights reserved. Experian and the marks
More informationWholesale Market Insights December J o n a t h a n S m o k e & Zo R a h i m - C o x A u t o m o t i v e
Wholesale Market Insights December 2017 J o n a t h a n S m o k e & Zo R a h i m - C o x A u t o m o t i v e T R A N S F O R M I N G T H E W A Y T H E W O R L D B U Y S, S E L L S & O W N S C A R S Manheim
More informationAutomotive Industry Review Dennis DesRosiers March 8, 2011
Automotive Industry Review Dennis DesRosiers March 8, 2011 1 Forecasting the North American Market requires two separate Analysis First, is to calculate structural demand or as some may call it Long Term
More informationBLUE BOOK. Market Report. Auction Values Declines Remain Steady at 2 Percent. Auction Volume Continues Positive Growth. In This Issue: USED
BLUE BOOK NOVEMBER 2013 Market Report Automotive Insights from Kelley Blue Book USED CAR EDITION Kelley Blue Book Public Relations Contacts: Chintan Talati Senior Director, Public Relations 949.267.4855
More informationPRESS RELEASE 04:30 EDT, 7 th April 2017 Troy, MI, USA
PRESS RELEASE 04:30 EDT, 7 th April 2017 Troy, MI, USA US VEHICLE SALES FELL BY 1.9% IN THE FIRST QUARTER OF 2017 FOLLOWING DECLINES IN TRADITIONAL SEGMENTS SUVs, Pickups increase their share of total
More informationANNUAL FINANCIAL PROFILE OF AMERICA S FRANCHISED NEW-CAR DEALERSHIPS
M I D Y E A R 2016 ANNUAL FINANCIAL PROFILE OF AMERICA S FRANCHISED NEW-CAR DEALERSHIPS NATIONAL AUTOMOBILE DEALERS ASSOCIATION Overview NADA Data now provides a biannual financial profile of new-car dealerships.
More informationFISCAL YEAR MARCH 2015 FIRST HALF FINANCIAL RESULTS. New Mazda Demio
FISCAL YEAR MARCH 2015 FIRST HALF FINANCIAL RESULTS New Mazda Demio Mazda Motor Corporation October 31, 2014 1 PRESENTATION OUTLINE Highlights Fiscal Year March 2015 First Half Results Fiscal Year March
More informationAutomotive Industry Insights Summary: Q1 2012
Automotive Industry Insights Summary: Q1 2012 Jeffrey Anderson, Director of Consulting & Analytics 2012 Experian Information Solutions, Inc. All rights reserved. Experian and the marks used herein are
More informationFISCAL YEAR MARCH 2018 THIRD QUARTER FINANCIAL RESULTS
FISCAL YEAR MARCH 2018 THIRD QUARTER FINANCIAL RESULTS PRESENTATION OUTLINE Highlights Fiscal Year March 2018 Nine Month Results Fiscal Year March 2018 Full Year Forecast Progress of Key Initiatives 1
More informationSwapalease.com Auto Lease Trends Report 4th Quarter A snapshot of the auto lease industry
Swapalease.com Auto Lease Trends Report 4th Quarter 2017 A snapshot of the auto lease industry 1 About The Report Swapalease.com studies lease market trends and consumer insights each quarter. In order
More informationMARKET REPORT. Brenna Buehler. Senior Manager, Public Relations
Blue Book MARKET REPORT Andrew Nicolai Director, Public Relations 949.293.5241 andrew.nicolai@coxautoinc.com Brenna Buehler Senior Manager, Public Relations 909.225.4643 brenna.buehler@coxautoinc.com IN
More informationFISCAL YEAR MARCH 2014 FIRST HALF FINANCIAL RESULTS. New Mazda Axela (Overseas name: New Mazda3)
FISCAL YEAR MARCH 2014 FIRST HALF FINANCIAL RESULTS New Mazda Axela (Overseas name: New Mazda3) Mazda Motor Corporation October 31, 2013 1 PRESENTATION OUTLINE Highlights Fiscal Year March 2014 First Half
More informationSTATISTICAL TABLES RELATING TO INCOME, EMPLOYMENT, AND PRODUCTION
A P P E N D I X B STATISTICAL TABLES RELATING TO INCOME, EMPLOYMENT, AND PRODUCTION C O N T E N T S NATIONAL INCOME OR EXPENDITURE Page B 1. Gross domestic product, 1960 2009... 328 B 2. Real gross domestic
More informationTechnology and Regulation Fuel Efficiency: Regulatory Options Monopsony buying (taxes) Minimum mileage
1 AUTOMOBILES Economies of Scale Assembly Plants Why multi-plants? Vertical Integration of Major Components Transaction Cost Theory Again Opportunism & Bilateral Monopoly The Contrast with Japan Economics
More informationOutlook for North American Production
AUTOMOTIVE Outlook for North American Production 9 September 2016 Detroit, Michigan Joe Langley, Principal Analyst, Automotive +1 248 465 2845, joe.langley@ihsmarkit.com. All Rights Reserved. Automotive
More informationAppendix B STATISTICAL TABLES RELATING TO INCOME, EMPLOYMENT, AND PRODUCTION
Appendix B STATISTICAL TABLES RELATING TO INCOME, EMPLOYMENT, AND PRODUCTION C O N T E N T S Page NATIONAL INCOME OR EXPENDITURE: B. Gross domestic product, 959 005... 80 B. Real gross domestic product,
More informationFISCAL YEAR ENDING MARCH 2012 FIRST HALF FINANCIAL RESULTS
FISCAL YEAR ENDING MARCH 2012 FIRST HALF FINANCIAL RESULTS Mazda Motor Corporation November 2, 2011 New Mazda CX-5 (European specifications) 1 PRESENTATION OUTLINE Highlights Fiscal Year Ending March 2012
More informationFISCAL YEAR MARCH 2018 FIRST HALF FINANCIAL RESULTS
FISCAL YEAR MARCH 2018 FIRST HALF FINANCIAL RESULTS PRESENTATION OUTLINE Highlights Fiscal Year March 2018 First Half Results Fiscal Year March 2018 Full Year Forecast Progress of Key Initiatives/ Business
More informationThe Electrification Coalition
The Electrification Coalition Revolutionizing Transportation and Achieving Energy Security The Problem Oil dependence weakens our national security, threatens our economy, and creates environmental challenges.
More informationBLUE BOOKJULY. Market Report. Automotive Insights from Kelley Blue Book. Joanna Pinkham Senior Public Relations Manager
BLUE BOOKJULY 2013 Market Report Automotive Insights from Kelley Blue Book USED CAR EDITION Kelley Blue Book Public Relations Contacts: Chintan Talati Senior Director, Public Relations 949.267.4855 ctalati@kbb.com
More informationProgress of the Global Hybrid Market
Progress of the Global Hybrid Market Lonnie Miller, Director Industry Analysis R. L. Polk & Co. November 10, 2008 Discussion Review of global hybrid vehicle market Growth regions Forecast U.S. Insights
More informationSwapalease.com Auto Lease Trends Report 1st Quarter A snapshot of the auto lease industry
Swapalease.com Auto Lease Trends Report 1st Quarter 2017 A snapshot of the auto lease industry 1 About The Report Swapalease.com studies lease market trends and consumer insights each quarter. In order
More informationBob Costello Chief Economist & Vice President American Trucking Associations. Intermodal Freight Transportation Institute October 30, 2012
Bob Costello Chief Economist & Vice President American Trucking Associations Intermodal Freight Transportation Institute October 30, 2012 U.S. Economic Summary Fiscal Cliff Eurozone Problems U.S. Elections
More informationQuarterly Market Report Q2 2018
Quarterly Market Report Q2 2018 BPS-New Brand Pricing Score - New measures the inherent value of a brand versus other brands within its competitive sector. BPS - N is based on retail Average Transaction
More information'08 '09 '10 '11 '12 '13 '14 '15 '16 '17 '18* Years Historical data source: IHS
Comprehensive information on the California vehicle market Volume 14, Number 4 Released November 2018 Covering Third Quarter 2018 TM Publication Sponsored By: New Vehicle Registrations in State To Approach
More informationFISCAL YEAR MARCH 2015 FIRST QUARTER FINANCIAL RESULTS. Mazda Roadster 25 th Anniversary Model
FISCAL YEAR MARCH 2015 FIRST QUARTER FINANCIAL RESULTS Mazda Roadster 25 th Anniversary Model Mazda Motor Corporation July 31, 2014 1 PRESENTATION OUTLINE Highlights Fiscal Year March 2015 First Quarter
More informationFISCAL YEAR MARCH 2014 FINANCIAL RESULTS
FISCAL YEAR MARCH 214 FINANCIAL RESULTS Mazda CX-5 Mazda Atenza Mazda Motor Corporation April 25, 214 New Mazda Axela 1 PRESENTATION OUTLINE Highlights Fiscal Year March 214 Results Fiscal Year March 215
More informationExperian Automotive Quarterly Briefing
Experian Automotive Quarterly Briefing Q2 2015 automotive market share trends and registrations Brad Smith Director, Automotive Market Statistics Marty Miller Senior Product Manager, VIO Experian and the
More informationMaryland Auto Outlook
Covering First Quarter 2015 Volume 20, Number 2 Sponsored by: Maryland Automobile Dealers Association TM FORECAST Market Posts Increase in First Quarter of 2015 3.1% improvement predicted for entire year
More informationNational Economic Estimating Conference Held July 12, 2018 FINAL Long-Run Tables
TABLE OF CONTENTS SECTION PAGE Executive Summary 2 Real Expenditures 4 Components of Income 6 Employment and Output 7 Financial Markets 9 Prices 10 Nominal Expenditures 12 The National Economic Estimating
More informationSan Diego Auto Outlook
Covering Third Quarter 2014 Volume 14, Number 4 Comprehensive information on the San Diego County new vehicle market FORECAST County New Vehicle Market On Track for 5.8% Gain in 2014 Sixth consecutive
More informationHOUSING REPORT NORTHWEST MICHIGAN YEAR END 2018
NORTHWEST MICHIGAN Northwest Michigan 218 Highlights Waterfront Non-Waterfront : dropped 2% from last year to the lowest level in the past 4 years : had a slight decline of 3% from the prior year. Average
More informationPRESS RELEASE Media Contact(s): Mark Scott (ph), (cell)
PRESS RELEASE Media Contact(s): Mark Scott 404-568-7905 (ph), 404-435-2047 (cell) mark.scott@autotrader.com INTEREST IN NEW FAMILY CARS AND STYLISH SEDANS INCREASES Certified Pre-Owned Asking s See First
More informationQUARTERLY REVIEW OF BUSINESS CONDITIONS: NEW MOTOR VEHICLE MANUFACTURING INDUSTRY / AUTOMOTIVE SECTOR: 3 rd QUARTER 2018
NATIONAL ASSOCIATION OF AUTOMOBILE MANUFACTURERS OF SOUTH AFRICA GROUND FLOOR, BUILDING F ALENTI OFFICE PARK 457 WITHERITE STREET, THE WILLOWS, X82 PO BOX 74166, LYNNWOOD RIDGE. 0040 TELEPHONE: (012) 807-0152
More informationForecast of Residual Values for
Forecast of Residual Values for 2014-2015 Moderator: Tom Cornellier, Ford Motor Company Today s Panelists: Rene Abdalah, Vice President, RVI Ricky Beggs, Senior VP, Editorial Dir., Black Book Laurence
More informationAnalysis of American University s Latest Made in America Index
Analysis of American University s Latest Made in America Index American Automotive Policy Council June 2016 Topline NEW RANKINGS. American University s Kogod School of Business recently released a comprehensive
More informationPress Release Wissmann: German Car Market to Grow to More Than 3.5 Million Units in 2009
Press Release Postfach 17 05 63 60079 Frankfurt/Main Westendstraße 61 60325 Frankfurt/Main Tel. +49 (0) 69 / 9 75 07-2 67 Fax +49 (0) 69 / 9 75 07-3 20 presse@vda.de www.vda.de High order backlog scrappage
More informationExecutive Summary. Light-Duty Automotive Technology and Fuel Economy Trends: 1975 through EPA420-S and Air Quality July 2006
Office of Transportation EPA420-S-06-003 and Air Quality July 2006 Light-Duty Automotive Technology and Fuel Economy Trends: 1975 through 2006 Executive Summary EPA420-S-06-003 July 2006 Light-Duty Automotive
More informationMazda Motor Corporation June 17, 2011
FY ENDING MARCH 2012 FINANCIAL FORECAST New MAZDA Demio 13-SKYACTIV Mazda Motor Corporation June 17, 2011 1 PRESENTATION OUTLINE FY ending March 2012 Forecast Updates of Framework for Medium- and Long-term
More informationRecord CY 2016 EPS-diluted-adjusted of $6.12, an increase of $1.10 Y-O-Y. Q EPS-diluted-adjusted of $1.28, a decrease of $0.11 Y-O-Y.
1 2 3 Q4 2016 global deliveries up 0.1 million units year-over-year (Y-O-Y), a 3.3% increase. Volume gains primarily in North America and China, offset by reductions in International Operations (excluding
More informationSteel Industry Outlook Federal Reserve Bank of Chicago December Robert J. DiCianni Mittal Steel USA. Mittal Steel Company
Steel Industry Outlook Federal Reserve Bank of Chicago December 2005 Robert J. DiCianni Mittal Steel USA 1 Outline Overall Outlook End Market Outlook 2006 Forecast Steel Demand Prices Inputs and other
More informationQUARTERLY REVIEW OF BUSINESS CONDITIONS: MOTOR VEHICLE MANUFACTURING INDUSTRY / AUTOMOTIVE SECTOR: 4 TH QUARTER 2016
NATIONAL ASSOCIATION OF AUTOMOBILE MANUFACTURERS OF SOUTH AFRICA GROUND FLOOR, BUILDING F ALENTI OFFICE PARK 457 WITHERITE ROAD, THE WILLOWS, X82 PRETORIA PO BOX 40611, ARCADIA 0007 TELEPHONE: (012) 807-0152
More informationSwapalease.com Auto Lease Trends Report 4 TH Quarter A snapshot of the auto lease industry
Swapalease.com Auto Lease Trends Report 4 TH Quarter 2018 A snapshot of the auto lease industry 1 About The Report Swapalease.com studies lease market trends and consumer insights each quarter. In order
More informationJapan s Economic Outlook No. 183 Update (Summary)
Japan's Economy 12 December 2014 (No. of pages: 17) Japanese report: 08 Dec 2014 Japan s Economic Outlook No. 183 Update (Summary) In this report we examine the direction of Japan s economy in light of
More informationAugust 11, Bob Costello Senior Vice President & Chief Economist American Trucking Associations
Economic & Industry Update for U.S. Bank Are You Prepared For An Industry Acceleration? August 11, 2015 Bob Costello Senior Vice President & Chief Economist American Trucking Associations Twitter: @ATAEconBob
More informationANNUAL FINANCIAL PROFILE OF AMERICA S FRANCHISED NEW-CAR DEALERSHIPS
2017 ANNUAL FINANCIAL PROFILE OF AMERICA S FRANCHISED NEW-CAR DEALERSHIPS NATIONAL AUTOMOBILE DEALERS ASSOCIATION Overview This latest NADA Data, our comprehensive financial profile of new-car dealerships,
More informationFISCAL YEAR MARCH 2018 FIRST QUARTER FINANCIAL RESULTS
FISCAL YEAR MARCH 2018 FIRST QUARTER FINANCIAL RESULTS PRESENTATION OUTLINE Highlights Fiscal Year March 2018 First Quarter Results Fiscal Year March 2018 Full Year Forecast Structural Reform Stage 2 Progress
More informationExperian Automotive Quarterly Briefing First quarter 2014 automotive market share trends and registrations
Experian Automotive Quarterly Briefing First quarter 214 automotive market share trends and registrations Melinda Zabritski Senior Director Marty Miller Senior Product Manager Experian Automotive Experian
More informationDeutschland: Asiens Ingenieur, Europas Motor, Garant des Euro?
Frankfurt/M., 2. Februar Deutschland: Asiens Ingenieur, Europas Motor, Garant des Euro? Dr. Stefan Kooths ing Center GDP: Slower pace ahead 114 2=1 QoQ annualized growth rate Level (chain index) 15 1 112
More informationAutomotive. Sarasota/Bradenton/Venice Market
Automotive Sarasota/Bradenton/Venice Market Vehicle sales peaked in 2005, and started to reverse a four-year slide in 2010. 122,715 129,434 138,791 145,584 Total Vehicle Sales: 2001-2011 149,336 136,933
More informationProduct Plan. Joe Veltri. November 4, 2009
Product Plan Joe Veltri Chrysler LLC 2010 14 14 Business Plan November 4, 2009 Product plan development process Identify consumer & market trends Commercial Determine opportunities with our brands Industrial
More informationMacro economic and Energy Factors Driving the Agricultural Outlook
Macro economic and Energy Factors Driving the Agricultural Outlook Michael Swanson Ph.D. Wells Fargo September 2013 Inter connected Markets Economic growth GDP, Population and Income Currency competition
More informationFISCAL YEAR MARCH 2015 FINANCIAL RESULTS. New Mazda CX-3 (Japanese specification model)
FISCAL YEAR MARCH 2015 FINANCIAL RESULTS New Mazda CX-3 (Japanese specification model) Mazda Motor Corporation April 24, 2015 1 PRESENTATION OUTLINE Highlights Fiscal Year March 2015 Results Fiscal Year
More informationMotorcycles. Overview of Operations
Overview of Operations Operating Performance Motorcycles Motorcycle sales rose 88.9 billion in 2010, or 10.9, from 2009 to 906.0 billion, and accounted for 70.0 of net sales. Operating income grew 46.9
More informationMarket Report. Automotive Insights from Kelley Blue Book. Source: Kelley Blue Book Automotive Insights 80% 70% 60% 50%
BLUE BOOKSEPTEMBER 2013 Market Report Automotive Insights from Kelley Blue Book USED CAR EDITION Kelley Blue Book Public Relations Contacts: Chintan Talati Senior Director, Public Relations 949.267.4855
More informationDrive Market Share Gains - Automotive Industry Insights: Q3, 2010
Drive Market Share Gains - Automotive Industry Insights: Q3, 2010 Jeffrey Anderson, Director of Consulting & Analytics 2011 Experian Information Solutions, Inc. All rights reserved. Experian and the marks
More informationEuropean Scrapping Programs: Good or Bad? Sascha Heiden Senior Market Analyst Automotive Analysis and Forecasting
European Scrapping Programs: Good or Bad? Sascha Heiden Senior Market Analyst Automotive Analysis and Forecasting The Spread of Government Car Purchase Incentive Schemes Many European Governments have
More informationMichigan Public Service Commission Electric Vehicle Pilot Discussion
Michigan Public Service Commission Electric Vehicle Pilot Discussion Brett Smith Assistant Director, Manufacturing & Engineering Technology Valerie Sathe Brugeman Senior Project Manager, Transportation
More informationSpring forecasts : a tough 2009, but EU economy set to stabilise as support measures take effect
IP/09/693 Brussels, 4 May 2009 Spring forecasts 2009-2010: a tough 2009, but EU economy set to stabilise as support measures take effect In the Commission's spring forecast, GDP in the European Union is
More informationWhat are the Comparative Lessons? Ghana and Korea
Panel Sponsored by What are the Comparative Lessons? Ghana and Korea Ghana Korea? 1970 GNP Per Capita $250 $260 4% 1995 GNP Per Capita $400 $9,700 24x 2002 GNP Per Capita $2,000 $16,480 8x 1970-1995 Growth
More informationEuropean Scrapping Programs: Good or Bad? Carlos Da Silva Senior Market Analyst Automotive Analysis and Forecasting
European Scrapping Programs: Good or Bad? Carlos Da Silva Senior Market Analyst Automotive Analysis and Forecasting The Spread of Government Car Purchase Incentive Schemes Many European Governments have
More information