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EU New Car Sales Drop Amid Virus Restrictions, US Sales Remain Stable


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Dublin, Dec. 22, 2020 (GLOBE NEWSWIRE)
ResearchAndMarkets.com s offering.
New passenger car registrations in the European Union declined again in November as countries implemented new measures to curb the spread of COVID-19. New-car registrations fell by 14% in November according to the European Automobile Manufacturers Association. Among the major markets, Spain and France recorded sharp declines in registrations of 19% and 27% respectively while Italy and Germany registered drops of 8.3% and 3.0% respectively.
November sales figures would appear to suggest a similar trend for the United States owing to a lower number of selling days November 2020 compared to November 2019. However, industry experts argue this does not accurately reflect the true state of the industry. When adjusting for the fact that November 2020 had three fewer selling days and one less weekend, analysts estimate that sales dropped by only 3.5% compared to a decline of 15% when not ....

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Failure to produce an EV policy is the dumbest thing the Coalition has done


17 December 2020
In this note we observe that the Federal Government has made a complete mess of energy policy during the time of the Turnbull and Morrison Governments. Current energy and emission reductions minister Angus Taylor has accomplished nothing and does not appear to be capable of articulating a policy capable of getting consensus support.
The federal government has pivoted from coal to gas, but all that has done is annoy its diminishing band of coal supporters and exposed its inability to get the basic economic analysis correct.
The Federal Governmnt has stuffed up so badly that in electricity it’s too late. ....

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