The news this week was a mixed bag with some positives and negatives, nothing major breaking (well, it is August).
On the negative side, Russia remains in the news and we talked to an analyst about the latest non-too-good market numbers.
And, for those interested in efforts to bring the dead back to life, the challenges at what remains of Saab still look pretty serious. Sounds like the financial situation is grim at NEVS even if there is some debate about the technicalities of being insolvent.
On a more positive note, India’s car market is looking a little brighter of late.
And things are also looking quite good in China.
Well, when I say ‘quite good’ in China I am talking about overall demand. There’s something else going on that is potentially not at all good for the industry and threatens an end to the good times and bumper profits on car sales there. Audi, among others, is facing a big fine and everyone’s busy cutting prices. There could be some leaner times ahead in China, so this is something to keep an eye on.
Here’s an example of a company that has been doing very-nicely-thank-you in China and will be keeping a close eye on what the regulatory authorities are up to.
Some other recommended reading from this week’s insights on just-auto:
- INTERVIEW: Tim Tozer, Chairman and Managing Director of Vauxhall
- ANALYSIS: Piston days – Daimler leads steel charge
Something that caught my eye is the ‘light signature’ that Volvo Cars is going for in the new XC90. Watch out for ‘Thor’s Hammer’.
ZF and TRW may have hit an obstacle that is delaying a deal. Well, people do have to take their holidays…
And this had me smiling. I hope ‘Mr Brilliant’ lives up to his name.
Have a nice weekend.
Dave Leggett, Editor, just-auto.com