PARIS – The European automotive market probably will rebound somewhat this year but likely will stay flat for the following three or four years, says Stuart Pearson, an industry analyst for Morgan Stanley based in London. A 25% tumble in sales from peak levels in 2007 is worse than either the 12% collapse during the oil crisis of the 1970s or the 17% collapse in the early 1990s, says Pearson, speaking at the Automotive News Europe Congress. The decline resembles the Japanese ...

Premium Content (PAID Subscription Required)

"European Auto Analysts Foresee Only Modest Recovery" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.