The last few weeks have seen some great news and some bad news for the industry - on two and four wheels. Personal transportation is going through a difficult time yet there are some highlights. On two wheels, The Economist magazine reported that Harley-Davidson is going through a rough patch - not the first in their 116 year history. In the US they have seen sales figures … [Read more...]
Geely at the Centre of Recent Stock Acquisitions
Last week I wrote an article about Lynk & Co, a subsidiary of Geely who have become a companion brand to Volvo, also owned by Geely. In that article I wrote that Volvo had bought a stake in Lynk & Co. Recently, Geely bought 10% of Daimler for $9B and there have been reports that Daimler would buy a stake in Volvo. This is an example of the convoluted ownership … [Read more...]
The Modern Way of Buying a Car
I read an interesting article the other day about car buyers and the way in which they now do it. Long gone are the days when you would see an advertisement on TV or in a newspaper or magazine and then go into a showroom. Nowadays with Internet access almost anywhere in the 1st and 2nd worlds, it is becoming more common to do a load of homework before leaving the home. I … [Read more...]
Are US Manufacturers Heading For A Slump?
I read an interesting article recently that suggested that the US car makers were heading for a slump in sales despite several key factors that would help keep sales up, notably low oil prices and cheap finance. There are also good profits from the Big 3 (GM, Ford & Chrysler) at the moment. Back around 2008/09 car sales in the US had dropped to 10M units per year and as … [Read more...]