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The imminent collapse of traffic in megacities such as Mumbai, Mexico City or Bangkok. The perspective of rising oilprices is a turboboost for a change in customer behavior, he said. However, Winterkorn said, VW, and the German autoindustry in general, abandoned the early advantage and work in electromobility.
Light truck sales, especially CUVs, helped motivate demand levels last year and with lower fuel prices expected, should once again dominate growth in 2015. In Europe, the crisis in Russia could offset the boon of lower fuel prices for Europe’s car buyers and even the new QE boost from the ECB. million units. Europe; Russia influences.
CAR said that a number of positive factors support a high level of US light vehicle sales, including: Projected moderate US economic output growth in 2019; Historically low US unemployment rates; Relatively low oilprices continue through 2020; Underlying nominal wage growth continues; High levels of consumer confidence were reached in Q4 2018; and.
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