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Could Greece's rejection of loan deal impact auto sales in southern Europe?

2015-07-07 01:30:55| Auto Dealers - Topix.net

Greece 's vote to reject creditors' demands for more austerity in return for further rescue funds, and its pending plans to drop the Euro in favor of its old drachma may have a major impact on southern European auto markets, especially those controlled by Fiat Chrysler Automobiles and PSA/Peugeot-Citroen, which up until now has been seeing a rise in new car sales in Italy, Portugal and Spain, which now comprise about 12% of their sales volume. While Greece recorded 71,128 new-car registrations were recorded last year , Italian sales reached 1.36 million, while Spain reported that 855,300 cars were registered, and Portugal's posed sales reached 142,827.

Tags: auto sales europe deal

 

Irish car sales down as West Europe shows growth

2015-07-06 20:21:28| Auto Dealers - Topix.net

West European car sales rose 14.3% year-on-year in June, industry data showed today, as Britain, Germany, France and Spain to deliver double-digit gains, although Ireland's figures dropped. Car sales increased to 1.31m registrations last month, from 1.15m in the same month a year earlier and 1.06m in May, data from LMC Automotive showed, as major markets shrugged off political uncertainty in the run-up to Greece's bailout referendum.

Tags: sales west car shows

 
 

Mercedes sales up 19% on China, Europe demand

2015-07-06 16:06:43| Auto Dealers - Topix.net

Deliveries of Mercedes-Benz passenger cars rose 19 percent in June, as strong demand for the C class and a double-digit rise in deliveries in China and Europe helped the automaker post the best ever car sales for the first half. Mercedes handed over 169,616 cars to customers last month thanks to a 14 percent increase in deliveries in Europe, a 38 percent rise in deliveries in China and as U.S. sales rose 5.8 percent, the company said in a statement today.

Tags: sales china europe demand

 

Esprit signs Kids licensing deal in Europe

2015-07-06 12:05:10| Daily apparel & textile news and comment - from just-style.com

Hong Kong-listed fashion brand Esprit has signed a five-year licensing deal with French kid's wear retailer Groupe Zannier for its children's line in Europe.

Tags: europe kids deal signs

 

ICE Futures Europe Establishes ICE Brent Index Oversight Committee; Licenses ICIS BFOE Market Data

2015-07-06 03:22:27| chemicalonline Home Page

Intercontinental Exchange , the leading global network of exchanges and clearing houses, recently announced that ICE Futures Europe, the UK’s leading multi-asset class derivatives exchange, has established an Oversight Committee to oversee the administration of the ICE Brent Index

Tags: index data market europe

 

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