General Motors Company GM led the market, turning out nearly , units, up from the same period in . PSA Peugeot Citroen was Links of London second biggest vehicle maker, producing , units a rise of yoy. In fact, increased exposure to export markets and robust demand domestically led to strong recoveries for almost all carmakers in the market. The market shifted more vehicles, or , units, yoy during H, signalling a robust recovery from last year’s sales of a total , units during the whole year. The trend was followed well into Q, with the cumulative three quarter registrations reaching , units, up . yoy. The top Links of London H Charm carmakers in terms of sales GM, Renault and PSA which all saw their sales shrink significantly during , recorded robust recovery in their sales in H, although a slight underperformance by Ford Motor meant that the US carmaker was pushed to the fifth position. Volkswagen VW and GM maintained their respective positions as the leading carmakers, followed by Renault as the third largest carmaker in H. Links of London G Charm growth in Argentina after the crisis has undoubtedly helped attract fresh investment in the sector, which is estimated by some industry experts to reach as much as US.bn over the next five years. However, BMI believes the loss of consumer confidence in the market is likely to erode shortterm potential. dustry Developments Brazil and Argentina are discussing ways of speeding up the process of integrating auto parts production within the Mercosur trade bloc. The issue is of critical importance for both countries, as it will make way for an integrated suppliers segment in a region that has a fairly underdeveloped Links of London F Charm segment. Brazil's attraction to the deal lies in fact that the integration of auto parts production with Argentina would help cut its widening deficit in the sector. Argentina can hope to attract more investment in its parts making industry an area where it lags far behind it neighbour. A USmn fund is to be set up by Brazil's state development bank and the Banco de La Nacion Argentina by as early as the end of this year, aimed at providing financial assistance to part makers in the two countries.
Commentaires