Category: Auto Industry
Germany Auto Industry
How would Germany auto industry perform in 2009?
As per reports of most prominent trade groups, car sales in Germany auto industry in 2009 are going to be worst since 1990 due to ongoing global financial crisis. Consumers of auto industry in Germany have been affected by this economic phenomenon. Economic growth in Germany has come to a grinding halt. All these factors are supposed to lead to decrease in sales of cars in German auto industry.
Possible car registrations in 2009
Italy Auto Industry
How with Italy auto industry fare in 2009?
Italy auto industry is all set to experience a tough 2009. This has already been indicated by projections of reductions in sales of new cars of auto industry in Italy in 2009. As per experts, there would be a decrease of 13.5 percent in car sales in Italy automobile industry. This rate is lesser than estimates for 2008.
South Korea Auto Industry
South Korea auto industry in 2009
As per reports of Bloomberg, Korea Automobile Manufacturers Association has forecast that in 2009 South Korea auto industry would face tough times as sales are likely to go down. According to their estimate this drop would be worst since 2004.
Korea Automobile Manufacturers Association has said that in 2009 sales of cars would go down by over 10 percent. It is estimated that in 2009 1.1 million cars would be sold in South Korea car market.
