Government stimulus policy expiration may car sales in Europe considering
CRI
Europe's biggest automobile market Germany had six consecutive months of sales on the decline. 5 month sales year-over-year decline in automobile market Germany 34% sold 252800 car, 1-5 month 128.2 million vehicles sold, up 28% decline in sales.
Italy 5-month new car sales occur this year for the second consecutive month, year-over-year decrease of 13.79% sold 163700. Italy brand car sales in occupies a total market 30.5% market share, an increase of sales volume decreased by 25.1%. France 5 month sales year-over-year automobile market by 11.5% sold 186268 car 12 consecutive months of sales increases for the first time, with France brand car sales fell by 8.9% year-on-year.
In Italy, stimulate the sales of policies by the end of 2009 at the end of may sales compared to the same period last year .6bn 13.79%. > Fiat low displacement small cars have tax benefits from the Government, but in the benefit of the market share has also declined to below 30%, but since December 2005, Fiat's market share for the first time, fell by 30%. Last week, Rome has announced plans for its own budget cuts, formally joined the camp of diligence and thrift in Europe, this will undoubtedly mean that Italy's car market prospects bleak. Representatives of foreign auto manufacturers in Italy (UNRAE) in charge of Gianni Filipponi said: "we do not hold the car needs to recover any hope, at least in the Government significantly shrink expenses of we don't see any opportunities. ”
In France, although the mechanism of stimulation of sales still exists, but with the amount of subsidies previously has decreased compared to. Prior to this, the Government of France, where in December 31, 2009 before trade-in buying green vehicle buyers can get 1000 euros per vehicle. According to Association of car manufacturers from France, CCFA 5 month France passenger car sales only 186337, compared to the same period last year dropped by 11.5%. The institution of a spokesman said: "taking into account the sales last year there was a peak in may, a downturn in our expected. Now the auto market has returned to implement incentive mechanism before the average. "France automobile market in the last downturn in April 2009. Under the current policy, buyer in France before the end of June to trade-in each car to subsidies is 700 euro, from July 1, the amount of the subsidy will be reduced to 500 euro. Sales of light commercial vehicles with signs of recovery, it is also warmer bring positive economic effects, compared with the same period last year, France light commercial vehicle sales decline only 2.8 percentage. Just five months by 2010 overall circumstances, France passenger car sales compared to the same period last year increased by 7.2%, while sales of light commercial vehicles increased by 10%.
Renault Group 5 month of sales compared to the same period last year increased by 13.8% Renault brand car sales declined 1.7%, Dacia sales is gratifying, doubled. France Industrial Bank analyst Philippe Barrier explains the Renault sales better than the market average, "from the Renault brand, we can clearly see the effects of the ' landscape ' the role of, this is a very powerful lever. " PSA Peugeot Citroen's sales declined 13.1% brand models Citroen's sales drop 13.9% Peugeot brand car sales drop 12.3%. CCFA spokesperson said: "Government support of disappearing ... Now the real benefit is the entry-level mini-van. ”
In Spain, before the end of June to purchase new vehicles up to 2000 euro in subsidies from Auto Manufacturers Association ANFAC, 5 month new car sales volume reached 102873 units, compared to the same period last year was 44.6% rise.
United States market may sales figures to come out to Wednesday. Investors on Toyota performance particularly interested, Toyota to address safety and recall crisis has launched a series of initiatives to stimulate sales, they want to know the positive effects of these initiatives are gradually disappearing. Ford sales analyst George Pipas last Friday on news that Ford is expected in may "eye-catching" sales. From the entire industry, January-April, United States market in automobile sales for 11 million vehicles, Pipas that may figure should be smaller than the first four months, on average slightly higher.
Asian markets may sales figures in the earlier announced on Tuesday, the figures for the month of may in the form of the Asian market is excellent. This also from the side reflect global automotive manufacturers in the strategy focus shifted to the rapid development of the economy.
In Japan, compared to the same period last year, 5 months including 660 mini-van, the total sales volume of vehicles increased by 22%. In India, Bajai automobile sales in may, an increase of up to 62%. In Korea, Hyundai Motor's sales in may increased by 19 percentage points, but modern market share but declining, this is because the increase of sales in the domestic market is far from a year ago the expected 23%. Modern cars are in financial crisis during the performance of the leading auto manufacturers, but for the past two months has become a unique sales continued to decline in Korea. Kia Motors launched new models to modern caused considerable pressure from external competition has become increasingly fierce, Toyota has the influx of Korea market.