The passenger car market, there has been an increase of 11% compared to October 2011, in its overall sales 13376 units sold in October 2012, the the Automotive Market Information Council (AMIC) latest report shows.
The the AMIC report is expected to an annual increase of three percent of the overall passenger car sales in 2012, almost 138,000 units have been sold.
Ghabbour Automotive (GB car), Egypt's only listed car manufacturers, its market share dropped in October 2012 to less than 22% of its normal speed, due to a shortage of supply of modern month. During the year, the overall market share of 30%.
GB automotive supply problems affected, mainly because of a series of successful strikes, slow down the supply chain.
The modern management announced supply returned to normal levels in mid-October, which means that GB car will likely resume its normal market share in November and December.
November 26, 2012
14th electric cars start selling Colorado
Automotive information site Edmunds.com reported that the new electric car sold in the U.S. in August this year and 2.2% registered in Colorado.
Colorado # 14 in the national registration of electric cars this year, Santa Monica, headquartered in California, Edmunds.com said.
National country of incorporation of hybrid vehicles in the first seven months of this year of 1.5%, ranked 20.
In comparison, Colorado, the United States accounted for 1.4% of all new cars registered during this period, # 23, Edmunds.com said.
It said 2012 was the strongest year for alternative fuel vehicles sales pace. New car registrations in August by 3.4% hybrid vehicles or electric vehicles, from 2.4% in 2011.
Mainstream car buyers have slowly come to accept the hybrid and electric vehicles, but the figures showed an upward trend, and has made big bets from the car manufacturers of these vehicles, you can almost hear a sigh of relief, "Edmunds.com senior Analysis teacher Jessica Caldwell said in a statement.
Colorado # 14 in the national registration of electric cars this year, Santa Monica, headquartered in California, Edmunds.com said.
National country of incorporation of hybrid vehicles in the first seven months of this year of 1.5%, ranked 20.
In comparison, Colorado, the United States accounted for 1.4% of all new cars registered during this period, # 23, Edmunds.com said.
It said 2012 was the strongest year for alternative fuel vehicles sales pace. New car registrations in August by 3.4% hybrid vehicles or electric vehicles, from 2.4% in 2011.
Mainstream car buyers have slowly come to accept the hybrid and electric vehicles, but the figures showed an upward trend, and has made big bets from the car manufacturers of these vehicles, you can almost hear a sigh of relief, "Edmunds.com senior Analysis teacher Jessica Caldwell said in a statement.
The difficult period of the automotive industry
In 2012, the local automotive industry better time is unlikely to continue next year, the credit information company TransUnion warned on Tuesday.
Improvement of financial results of the Group's main dealer, new car sales increased by 10%, compared to 2011, continued cost control and reduction of bad debts.
"But all is not optimistic, when compared to the decline in the level of confidence of dealers have seen in the past 18 months, said:" Karel spokesman Martin, TransUnion Auto Information solutions.
"There is good reason, consumer debt continues to grow, the report pointed out that families face greater pressure."
Other factors may be pressure on the industry, including fuel prices, prevailing fee Village driver, and stable car sales.
However, from the manufacturers to continue to support, coupled with low interest rates, may increase the demand for consumer credit.
2012, low prices make a contribution to growth next year is unlikely to continue to weaken, the RAND Corporation, the increase in input costs.
Martin predicted continued pressure for the second-hand car dealers, used car sales below the suggested retail price, in an attempt to deal with the new car market, price discounts and incentives.
The gross margin in the second-hand car market has stabilized, the gap between the average percentage of the value of trade and retail in the past four years in June 2012 reached its lowest level.
"Given the current market conditions, the positive trends emerging on the basis of relatively stable supply and prices in 2012, we can expect 2013 to deliver a certain amount of growth, although it should be less than we have seen in the past two years, "he said. - Sapa
Improvement of financial results of the Group's main dealer, new car sales increased by 10%, compared to 2011, continued cost control and reduction of bad debts.
"But all is not optimistic, when compared to the decline in the level of confidence of dealers have seen in the past 18 months, said:" Karel spokesman Martin, TransUnion Auto Information solutions.
"There is good reason, consumer debt continues to grow, the report pointed out that families face greater pressure."
Other factors may be pressure on the industry, including fuel prices, prevailing fee Village driver, and stable car sales.
However, from the manufacturers to continue to support, coupled with low interest rates, may increase the demand for consumer credit.
2012, low prices make a contribution to growth next year is unlikely to continue to weaken, the RAND Corporation, the increase in input costs.
Martin predicted continued pressure for the second-hand car dealers, used car sales below the suggested retail price, in an attempt to deal with the new car market, price discounts and incentives.
The gross margin in the second-hand car market has stabilized, the gap between the average percentage of the value of trade and retail in the past four years in June 2012 reached its lowest level.
"Given the current market conditions, the positive trends emerging on the basis of relatively stable supply and prices in 2012, we can expect 2013 to deliver a certain amount of growth, although it should be less than we have seen in the past two years, "he said. - Sapa
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