GDP Q2 Increases in Germany & France

chopperharris

Thrugelmir wrote: »

Thought KIA was the best selling manufacturer by a clear margin. Are they made in Europe?

http://europeanmotornews.com/2009/06/04/nissan-qashqai-is-one-of-the-top-ten-best-selling-cars-in-the-uk/

scroll down for top 10 cars , although there is plenty of different data to be compared.Ie theres a top ten for private sales and fleet , fleet dont use kia however.

of the top ten half are geman cars in some way , one french , 3 septic , and one ricer.Just how has scrappage helped here when overall the money will be exitting the uk at some point , maybe the govt is stockpiling steel for the next european war to decimate the population...problems solved.

Masomnia

chopperharris wrote: »

http://europeanmotornews.com/2009/06/04/nissan-qashqai-is-one-of-the-top-ten-best-selling-cars-in-the-uk/

scroll down for top 10 cars , although there is plenty of different data to be compared.Ie theres a top ten for private sales and fleet , fleet dont use kia however.

of the top ten half are geman cars in some way , one french , 3 septic , and one ricer.Just how has scrappage helped here when overall the money will be exitting the uk at some point , maybe the govt is stockpiling steel for the next european war to decimate the population...problems solved.

Because we manufacture hundreds of thousands (millions?) of cars each year. Which is a lot of jobs. GBP going abroad isn't necessarilly a bad thing, as it means it can be spend here on our government's debt, and other British products.

chopperharris

Masomnia wrote: »

Because we manufacture hundreds of thousands (millions?) of cars each year. Which is a lot of jobs. GBP going abroad isn't necessarilly a bad thing, as it means it can be spend here on our government's debt, and other British products.

Manufacturers are actually pulling out of the uk , its too expensive now to make cars here.They are being made in portugal , spain , poland , south america where wages are half of here or less.

The next big thing is the china car , yes they are already here and making cars, but wait for consolidation of shared platforms and engines from the big four and perhaps the koreans will have had their day.

But sorry millions of cars arent made in the uk every year , especially right now , and as I have hinted the manufacturing base that was the uk is in decline and will move to less expensive plants elsewhere... and to add insult with eu grants in tow.Poland , bulgaria and turkey (whom are edging into the eu day by day) are the new manufactuing plants...well until india/china(including using african plants) gets its act together.

Theres a reason why the word great is rarley used with the word britain anymore....we are nothing now.Its people dont buy anything we make and we export nothing thats made by british car makers as there simply isnt any of them left.Yet our uk neighbours do buy what they make , except that they dont really as they too outsource production to cheaper production plants as far away as the other side of the planet....but only as long as it has a national company badge on it ie bmw , pug etc.

Masomnia

chopperharris wrote: »

Manufacturers are actually pulling out of the uk , its too expensive now to make cars here.They are being made in portugal , spain , poland , south america where wages are half of here or less.

The next big thing is the china car , yes they are already here and making cars, but wait for consolidation of shared platforms and engines from the big four and perhaps the koreans will have had their day.

But sorry millions of cars arent made in the uk every year , especially right now , and as I have hinted the manufacturing base that was the uk is in decline and will move to less expensive plants elsewhere... and to add insult with eu grants in tow.Poland , bulgaria and turkey (whom are edging into the eu day by day) are the new manufactuing plants...well until india/china(including using african plants) gets its act together.

Theres a reason why the word great is rarley used with the word britain anymore....we are nothing now.Its people dont buy anything we make and we export nothing thats made by british car makers as there simply isnt any of them left.Yet our uk neighbours do buy what they make , except that they dont really as they too outsource production to cheaper production plants as far away as the other side of the planet....but only as long as it has a national company badge on it ie bmw , pug etc.

I don't disagree that plants have been closing. But in 2008 we exported over a million cars ( http://www.smmt.co.uk/articles/article.cfm?articleid=18914), so it's hard to argue that it's not a huge industry worth supporting in some way.

'Great' is still in the title

chopperharris

Masomnia wrote: »

I don't disagree that plants have been closing. But in 2008 we exported over a million cars ( http://www.smmt.co.uk/articles/article.cfm?articleid=18914), so it's hard to argue that it's not a huge industry worth supporting in some way.

'Great' is still in the title

I wish i had better stats to show its a diminishing return yoy , and as the asiatic mouse feeds off the crumbs it gets big enough to take on bigger things.We also used be the biggest manufacturer of just about everything at one point now we inport everything.

Its dying , nearly singing with the choir invisible.We used to make ships too , and we know what happened to that industry , we used to export coal and again where is that now?

We had many , many british car companies , and eventually none.

Germany has vw , and under its banner , lamborghini , audi , bentley , bugatti , seat , skoda and all soon to be porsche owned.

Germany also has mercedes which does manufacture in other countries http://en.wikipedia.org/wiki/Mercedes_benz has an expansive list.

Then theres bmw , which owns mini and rolls royce and if mem serves also owned rover just before its demise and eventual sell off to china groups for less than the price of 3 pints.It produces in a few countries including india , usa , canada south africa and a few others.What is common with bmw is that the lions share of production and components is produced in germany , everything else is elsewhere.They dont have a particular regard to its uk workforce and imo drove rover to its death and avoided paying back HMG 200m in the process.

French though they just let their govt own part of thiers , problem solved , and against anti competition laws the eu are trying to use to dismantle our part owned banks....no doubt germany are there like a shakespearean villian in the background orchestrating it.

But lets face it we made crap for 2 decades and scuttled our industry , we did it with buying foreign cars and not inovating , investing or incorporating.What those german planes , tanks , and trucks made by mercedes , vw , audi and bmw couldnt do then we helped them do later.Good to see the yanks did the same though.

setmefree2

Spanish Economy Contracted More Than Forecast in Second Quarter

- Spain’s economy contracted more than forecast in the second quarter, suggesting a recovery in Germany and France has yet to reach a country that was once an engine of growth for the euro region. Gross domestic product declined 1.0 percent from the previous quarter, when it shrank 1.9 percent, the Madrid-based National Statistics Institute said in an e-mailed statement today. From a year earlier, it contracted 4.1 percent. The Bank of Spain estimated on July 30 that the economy contracted 0.9 percent in the second quarter and 4 percent from a year earlier.

http://www.bloomberg.com/apps/news?pid=20601068&sid=arnrXolY4k1g

setmefree2

Meanwhile.....

Hong Kong Climbs Out of Recession as Global Economy Recovers

Hong Kong climbed out of a yearlong recession as trade improved, adding to signs that the global economy is recovering. Gross domestic product rose a seasonally adjusted 3.3 percent in the second quarter from the previous three months, after dropping 4.3 percent in the first quarter, the government said today.

http://www.bloomberg.com/apps/news?pid=newsarchive&sid=ahzdBvBZM2Bw

Thrugelmir

chopperharris wrote: »

http://europeanmotornews.com/2009/06/04/nissan-qashqai-is-one-of-the-top-ten-best-selling-cars-in-the-uk/

scroll down for top 10 cars , although there is plenty of different data to be compared.Ie theres a top ten for private sales and fleet , fleet dont use kia however.

of the top ten half are geman cars in some way , one french , 3 septic , and one ricer.Just how has scrappage helped here when overall the money will be exitting the uk at some point , maybe the govt is stockpiling steel for the next european war to decimate the population...problems solved.

Not all car sales are linked to the scrappage scheme.

Top of the scrapheap: Kia and Hyundai benefit from car scrappage-incentive scheme

According to the Society for Motor Manufacturers and Traders (SMMT), the main beneficiaries have been low-cost car marques. Kia registered a 61% year-on-year increase in new car registrations last month, while Chevrolet was up 30% on its 2008 sales.

Apparently Kia motors seem to think so with 4000 orders directly linked the car scrappage scheme.
The Kia Picanto price is reduced to £4,195 from £6,195. That’s a reduction of around 33% and is not to be sneezed at.
Paid over 3 years it’s almost the price of a single London tube ticket every day, accessible to most people, maybe even those used to budget motoring.

Take a look at unit sales on the attached link.

http://www.marketingmagazine.co.uk/news/918268/Top-scrapheap-Kia-Hyundai-benefit-car-scrappage-incentive-scheme/



The European manufacturers are still suffering.

julieq

It's a bit of a myth that we don't manufacture here. If you drive round any industrial estate you'll find loads of small manufacturing companies, and there are large ones too. In general our industry is feeding components and materials into the automotive (and other) industry elsewhere in Europe, which is of course why it hurts when car sales dip. That's also why the countries who manufacturer items sold on the consumer side will tend to pull out of recession earlier than those companies who supply the suppliers, any ramp up will lag.

The caution I would have about the German and French results is that since I posted in July the signs are a little less positive. Part of that is seasonal - a lot of Europe is on holiday - but it's a fragile recovery at best. Some of it may be bravado and companies trying to position themselves ahead of competitors anticipating a stronger recovery by gearing up for more production.

nearlynew

GDP figures are produced by governments.

So, by definition, they are fiddled and cannot be taken seriously.