Spanish new-car sales plunge 30.8 percent in June
MADRID (Thomson Financial) -- Sales of new cars plunged 30.8 percent in Spain in June compared with the same month last year after suffering an annual fall of 24.3 percent in May, the Spanish automobile manufacturers' association reported Tuesday.
Sales came to 114,958 units last month.
New-car sales were down 17.6 percent at 702,365 in the first half of the year compared with the same ... Continental eyes electrical autos as " diesel car demand declines " ????
FRANKFURT (Thomson Financial) -- Continental plans to replace what it sees as an increasingly sluggish demand for diesel fuel cars with supplies to the future trend of electrical cars, board member Karl-Thomas Neumann told Handelsblatt.
"Regarding diesel fuel, I'm more skeptical by now. There's not much happening in the U.S.," he said.
German carmakers expect the U.S. car market to ... KEITH CRAIN
The only thing permanent is change
For as long as most of us can remember, the U.S. automobile business has had cycles. Whenever there was a down cycle, you knew you had to hang in there, and before long, things would come back to normal. And then you would see the cycle head upward again. It's not going to be that simple this time Keith Crain is publisher and editorial director of Automotive News. ... The writing on the wall is getting visible ? ! Or better understood ! Grooved Forever !!! God help those ............ who ............ ? Realize what is comming ! sing !!! |
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