Automotive Industry
Industry: Email Alert RSS FeedWhat's it mean? Lower prices, lower profits.
Automotive News Europe, February, 2002 by Weernink, Wim Oude; Winton, Neil
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Price competition caused by new distribution rules could cut deeply into automaker profits.
Volkswagen and General Motors, with their big exposure to Germany, are the most vulnerable, say industry analysts.
PSA/Peugeot-Citroen and Renault are also in danger of a big earnings hit because of their success in high-priced Britain.
The firm Schroder Salomon Smith Barney said changes in the block exemption make it easier for importers offering lower prices to source cars.
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Dealers will find it easier to operate across borders. Both will increase price competition, a goal of ...
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Most Popular Articles in Autos
- Service Slants
- 2007 utility vehicle buyer's guide: Side-By-Sides are popular; here's who ...
- Transmission considerations: beyond the manual gearbox
- Buell Motorcycle engineering, innovation, & dedication: in an industry ...
- 100 + 10: America's oldest automotive magazine celebrates its 110th year ...
- More »