You are viewing:-
you're reading...
1.Market Observations, 8.Was Sticky

18 May 2017 (AFR) – World’s carmakers hit pothole as sales fall in key markets – Carmakers are getting that 2009 breakdown feeling

(18 May 2017, AFR, p12, by David Fickling)

‘The world’s auto industry just hit a pothole. Car sales in Western Europe fell 6.8 per cent in April, their biggest drop since 2013, as a late Easter and the effects of tax changes sapped demand in the UK, the region’s second-biggest market. Such local difficulties haven’t overly troubled car manufacturers since 1911, when Ford Motor opened its first factory outside North America in Manchester, England. If one market is looking weak, there’s generally always been another one that’s growing strongly.’

Read more at (might need AFR login access, or try:


About robertbrain

Brainy's Share Market Toolbox. Read the honest truth about the sharemarket. Develop or fine tune your investing/trading strategies using share price charts (technical analysis), or learn about the investment strategies of others. Melbourne (Australia) based - supporting share market investors and traders to build wealth through smarter investing using my Share Market Toolbox arsenal of weapons to tackle the market.


No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: