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European Stocks Close Sharply Lower As Inflation Concerns Weigh

European Stocks Close Sharply Lower As Inflation Concerns Weigh
BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - European stocks closed sharply lower on Wednesday as rising concerns about inflation raised fears that global central banks might consider tightening their easy monetary policies sometime soon.
The yields on Euro area government bonds rose on concerns the European Central Bank could decide to scale back its emergency bond-buying program as early as next month.
A sharp plunge of the cryptocurrencies including the bitcoin, and worries about a surge in coronavirus cases in Asia further dented sentiment. Bitcoin, the world s largest cryptocurrency, tanked by close to 40% from its record high levels to US $31,000 on Wednesday, hitting its lowest level since February. ....

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CAC 40 Slides On Inflation Concerns

CAC 40 Slides On Inflation Concerns
finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.

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European Countries Listed By Plug-In Car Market Share In Q1 2021

European Countries Listed By Plug-In Car Market Share In Q1 2021
May 13, 2021 at 6:46am ET
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Six countries note plug-in car market share above 20%.
The average market share of new passenger plug-in electric cars in Europe almost doubled in Q1 2021 to
14.7% (from 7.5% in Q1 2020).
In this post we will compare plug-in market share in 30 countries - the European Union (with some exceptions), EFTA (Norway, Switzerland, Iceland) and the UK, using available registration data from the European Automobile Manufacturers Association (ACEA). Sales volume can be found in the previous post.
The average for the European Union is 13.8% (compared to 6.8% a year ago). A few top countries highly inflated the average result. In 15 countries, the share exceeded 10%. ....

United Kingdom , European Union , European Automobile Manufacturers Association , ஒன்றுபட்டது கிஂக்டம் , ஐரோப்பிய தொழிற்சங்கம் , ஐரோப்பிய ஆட்டோமொபைல் உற்பத்தியாளர்கள் சங்கம் ,

Hyundai's luxury brand Genesis to make European debut with launch of Electrified G80

However, some industry analysts have cautioned that it may take some time for Genesis to stand out in the European premium car market as several prominent brands are already active there.
When asked for a comment, Daishin Securities’ analyst Lee Seung-hwan said, “While Genesis cars are now at a level right below Lexus cars in the U.S. market, it would take some time for them to stand out in Europe as a luxury brand, considering competition among prominent European brands.”
Genesis has been enjoying steady growth in its home country of South Korea and the United States ever since it was launched to sell premium cars by Hyundai. Its South Korean sales jumped 165 per cent year-on-year in the first quarter of this year, while sales in the United States more than doubled from the previous year. Growing its business in foreign markets, the brand launched last month in China, the world’s biggest car market. ....

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Passenger Plug-In Electric Car Sales In Europe: Q1 2021 By Country

Passenger Plug-In Electric Car Sales In Europe: Q1 2021 By Country
May 11, 2021 at 8:12am ET
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Let s take a look at which countries plug-in cars are selling the best in.
The passenger car registrations in Europe in the first quarter of 2021 amounted to 3,080,751 (up just 0.9%), but the plug-ins almost doubled.
According to the European Automobile Manufacturers Association (ACEA), plug-in electric car registrations in the European Union, EFTA (Norway, Switzerland, Iceland) and the UK
increased 97.1% year-over-year to
ACEA s comment on the EU specifically:
During the first quarter of the year, registrations of battery electric vehicles (BEVs) in the EU increased by 59.1% to reach 146,185 cars, with demand still benefiting from government stimuli for zero-emission vehicles. This growth was spurred by big gains in key EU markets, most notably in Germany (+149.0%) and Italy (+145.6%). By contrast, demand ....

United Kingdom , European Union , European Automobile Manufacturers Association , ஒன்றுபட்டது கிஂக்டம் , ஐரோப்பிய தொழிற்சங்கம் , ஐரோப்பிய ஆட்டோமொபைல் உற்பத்தியாளர்கள் சங்கம் ,