Autos Archives - GrowthRater

Category Archives for "Autos"

Falling used car prices and implications for residual values and margins

After a couple of bumper years, used car prices are now falling, with two further reports out this week suggesting a worsening rate of decline. For manufacturers of new cars & trucks, this presents a challenge to prospective profitability as the residual value assumptions that has been bolstering their financing operational profits may now flip […]

EU car registrations decline by over -20% in November (ACEA)

Price and mix improvements on a flat to declining employee base may have sustained Auto manufacturing profits in Q3, but at some stage they will need unit sales to recover. Unfortunately, with incessant covid panic and emerging stagflation, this remains mere fantasy, with November unit sales data from the ACEA disclosing a -17.3% decline across […]

FCA-Renault merger crash tested by dummies

With the auto industry facing some existential challenges, one might have thought a low margin operator and its shareholders would have seized at the opportunity for a highly synergistic merger. Unfortunately, when one of those shareholders is the French Government, then the normal commercial rules don’t seem to apply. So after some foot-dragging by Macron […]

US light vehicle sales for August

GM provided the standout in August, with its heavy incentives clawing back some of its earlier shortfalls in sales to deliver a +7.4% YoY improvement in domestic unit sales for August and bringing its YTD average to -2.4% and therefore slightly ahead of the overall industry’s -2.7% YTD decline as well as its principal domestic […]

Wazzup? -today in the markets 26th April 2017

Atresmedia (a3m_mc) – Q1 FY17 results: The cost of audience recovery. . Daimler (dai_de) – Q1 FY17 results: Has Daimler waited until the cyclical peak to start pumping up expectations? . S&P Global (spgi): Q1 FY17 results: The benefits of operational leverage on a rebounding high yield issuance […]

BMW Q2 results: three quarters of unit sales growth were from China!

What was that supposed Chinese curse – “May your wishes come true”? Well for foreign auto manufacturers dreaming of rising Chinese sales to offset withering Latin American demand and possible interest rate rises this may not have seemed much like a curse. Without China, BMW’s Q2 unit deliveries would have been up by a meagre […]