European car sales are getting KILLED !!!!

[Mega]

http://www.bbc.co.uk/news/business-19958512
Look out below!
Falling faster than an Airbus flown by a French pilot.........
Mike

[FrankL]

Re: European car sales are getting KILLED !!!!

Any bets on which manufacturer drops out first? Peugeot/Opel was discussed in your other thread.

On the positive side:
Renault has Dacia, German manufacturers seem to be good at exporting to Asia, Fiat could benefit from high petrol prices in the US by selling small cars through their Chrysler brand...

On the negative side:
Fiat, Renault and Peugeot will be hit hard by falling demand in southern europe + France, and have gross over-capacity (especially Fiat and Peugeot/Citroen)

[Mega]

Re: European car sales are getting KILLED !!!!

Yep, 100% agree...............BTW Dacia (renualt) has just give prices for their (almost Focus sized) car. Starting at £5999 to £11000........£8500 gets you 900 cc 3 cyinder Turbo (90 bhp) with air-con & other trim.
Mike