Concern Grows As Car Sales Fall Globally

Concern Grows As Car Sales Fall Globally
2008年09月11日11:47
A worsening slump in auto sales in Europe and signs of a possible slowdown in China are fueling worries about a global auto industry already battered by trouble in the U.S.Some forecasters in Europe are considering lowering sales projections following sharp declines last month in auto sales in Spain, Britain and Germany. In China, where booming sales have been offsetting the shortfalls in more mature markets, auto sales fell in August, the first monthly decline in more than two years.Though analysts think growth in China will resume in the months ahead, a softer market there would leave the world's auto makers facing a bleak landscape.'There is a lot of concern out there that the slowdown that we are seeing in the U.S. is spreading across the globe,' said John Casesa, a partner at the Casesa Shapiro Group, an automotive consulting firm. In the U.S., the world's largest auto market, sales of new cars and light trucks are on track to fall 10% or more this year to between 14 million and 14.5 million vehicles, down from 16.1 million in 2007.Until a few months ago, other regions seemed to be holding up and softening the blow of the U.S. downturn. China was a key bright spot with sales rapidly expanding. But over the summer, Western European auto sales began to falter, and now the decline appears to be worsening. And the outlook for China seems more uncertain than before.Last month, the number of autos sold in China fell about 6% from a year earlier, the first decline in more than two years, according to the China Association of Automobile Manufacturers. Sales for the first eight months of the year were still up more than 13% from the 2007 period. That is a robust expansion compared with the lagging mature markets of North America and Western Europe, but slower than the 30% increase in Chinese car sales in 2006, and a rise of more than 21% last year.A slower pace of growth had been widely expected in China this year, as rising gasoline prices, mounting inflation and government efforts to cool the economy combined to damp sales. A weak stock market has also hurt consumer spending. Michael Dunne, managing director of market-research firm J.D. Power & Associates' China operations, said September's sales total will be 'pivotal' for giving industry executives a clearer picture of the future trend.Mr. Dunne added that inventory has been rising at Chinese dealerships. 'Dealers say they just aren't seeing the same number of people going into showrooms as they did earlier in the year,' he said.In Europe, the trend is darker. In August, new-car registrations fell 41% in Spain, 18% in Britain, 10% in Germany and 7% in France.Falk Frey, senior vice president at Moody's Investors Service, said bigger-than-expected declines in passenger-car registrations in Spain and Britain over the past two months may force the ratings service to further scale back its car-sales outlook for 2008.In June, Moody's lowered its projection for new-car registrations in Western Europe to 14.4 million cars from a January estimate of 14.9 million for the year.-0-Copyright (c) 2008 Dow Jones & Company, Inc.

Old and worn-out vehicle

Veteran Tour

from 1958 until now, American California's Pebble Beach Councours starts 50 year ago master auto show, as soon as already leaps into the global top bold Che Pai is right, belongs to the celebrities self-entertainment from the happy game. Regardless of being comes from all corners of the country the classical historical vehicle type, each big brand promotes newly limits the quantity the version, or is sets up price range pole's each kind of auction for the profession -, if you are like vehicle's celebrities, that goes to Pebble Beach.




ramphoriz
John Shirley and Mary Shirley are one pair lives in US Washington State Mr. and Mrs. Medina old age. Several years ago, when John after Microsoft operation President's position retirement, two person's lives mainly by golf, fishing as well as each kind of charitable activity primarily. In addition, they also have a common hobby - - that collect the old and worn-out vehicle. in August, they arrived located at American California's Pebble the Beach golf course. But what stems from them to anticipate, this time is not by the playing a ball game status presence, but is participates in global apex's old and worn-out vehicle grand meeting - - 58th session of PebbleCouncours d'Elegance. Those who let them smile grins with ear to ear, this couples 4 years ago purchase alpha? Romeo 8C 2900BTouringBerlinetta has obtained the big game most important honor - - “the best demonstration prize”. this is in the world by Touring manufacture 5 8C one of 2900 vehicle types, this 8C embarked machinery turbo-charged in line 8 cylinder engines, the maximum work rate has amounted to 180 horsepowers. Between 1937 to 1939 had 30 8C is makes by Farina and Touring, only then minority Che Hezhei a model of vehicle was equally attractive. Mr. and Mrs. Shirley besides obtain the inherent bonus, this best demonstration vehicle type's sale price largely will also rise, this enables it to become this year's best collection vehicle type. “this model of vehicle has phase of extraordinary histories,” John said that “it has won the championship in 1948 WatkinsGlen automobile grand prize contest. Although it hands over many times, course number also relative high, but has never had the accident.” has the extraordinary line and the perfect automobile body freely, Mr. and Mrs. Shirley cherishes before the participation disturbedly. Because comes this participative 200 old and worn-out vehicles from American 20 states and the global 15 countries, is in the world scope most has the value the antique car. But finally, alpha? Romeo won in pile of bold vehicles. “observes this section of winner 8C carefully 2900, you will discover that it will have the unequalled gracefulness.”Big game President Sandra Kasky Button said that “every year's champion vehicle must have the unique style and the graceful feeling, certainly also has quantity which the whole world is not much left, but this model of vehicle had both the above condition without doubt, the being possible be called this year's king of antique car.”

Lancia 1908 Alpha

limits the quantity the version: Rich and powerful people pet from ancient times till now started from 1950, California's Monterey peninsula continuously by its old and worn-out vehicle collector's grand occasion, but with the Cannes Film Festival, New York trade fair, London's Westminster Kennel the Club dog exhibition shared the honor. the every year August's third week, Monterey, Carmel and Pebble in Beach-- these three ordinary days the mighty waves not startled small town will have a troop unexpected visitor to come visiting, pile of ultra average men will imagine the bold vehicle and their attire attractive vehicle owners will get together in this, simultaneously, here will also carry on some world top old and worn-out vehicle's auction.

Motoring Classic Cascade Mountains
This rich and powerful people magnetic field's core is annual old and worn-out vehicle annual meeting Pebble Beach Concoursd'élégance. This year's focal point belongs obviously from Italy's Lancia and the forest valuable Jianni brand, as well as (this display mainly used for from the general Motorama automobile going on patrol exhibition to demonstrate General Motors from 1949 to 1960 concept car design). At this annual meeting presented one section of 1908 annual productions, 12 horsepower Lancia Alpha, this is possibly one which of historical earliest vehicle types at present only saves. But simultaneously displays another section 1934 Packard it is said previous time participated in this display is in 1955, now it is had by old Jinshan retirement police. the Porche has brought in its historical first model of race car - - Porche No.1. As early as in 1940, Dr. Ferdinand Porsche leads team hand-planted first Porsche-- primitive 356 models, is also in the fable senior statesman level vehicle, and is placed takes in the Stuttgart Factory new museum the exhibit article. This time to celebrate the 60th anniversary birthday, Porche No.1 starts round the world the journey once more, arrives at Pebble Beach.although is hitting old and worn-out vehicle's name, but Pebble Beach Concours already becomes the rich and powerful people and celebrities' automobile actually sends rightly. Many top car dealers rather give up the global five big international auto show's liveliness, chooses in here issued that they limit the quantity the version top vehicle type, but Rolls Royce and prestige dragon? Cloth Gade such brand high-level will also decide the making lithograph plates vehicle type the first round to remain to this California peninsula green lawn. cloth Gade this time has promoted the Bugatti Veyron16.4 Grand Sport hood version, this vehicle whole year output also only then 1-2 - if it is said bumps into under the rainstorm to close the roof board without enough time suddenly, Che Neihuan has one “the fast umbrella” function. Rolls Royce and the Italian Pinney France and Sweden that design company cooperated promotes Hypersion to decide making lithograph plates high-level, its design was take the World War II time Rolls Royce modelling as the reference, has echoed this model of old and worn-out vehicle's subject well.but luxurious brand, even if cannot achieve Rolls Royce such altitude, must moisten PebbleBeach “the fairyism”. The Reck SARS has brought LS 600h L Pebble which Pebble Beach version SC430 and joins for the first time the Beach version. After the release conference, starts the whole world from September only then 50 LS 600h the L commemorative edition to be possible to supply the sale, has Callaway Golf Experience, TravelPackage or Epicurean separately the Encounter three scales, the automobile body by Truffle the Mica painting package, but in the decoration provides double tone Alabaster and the black leather decoration. These two model of Che Dujiang provides the showing status “Bebble Beach” the badge separates out by and the ordinary vehicle type.

Packard

The auction: the global price of classic cars models The entire surrounding the start of the Pebble Beach event also includes Concorso Italiano show, Quail running show and Monterey Grand Prix racing classic cars - and a series of auctions will be the result of the global price of classic cars set an industry standard. Since January this year in the U.S. city of Phoenix after the auction, classic cars of the number of market turmoil has become some bewildering. Although the United States experienced the loan-to-crisis and economic downturn, and other adverse situation, but that still show that the turnover of the auction, at the top of the industry classic cars to collectors in the face of the world's top out-of-print Liangju, it will not hesitate to purse out of . Those selling cars and auction for a sigh of relief agencies. The two major U.S. agencies Barrett-Jackson auction and RM from two angles monopoly of the market, Barrett-Jackson major meet the needs of the mass market, and RM only for the most high-end market. Since last year, so far, the two companies have a turnover of slightly declining, but each vehicle while the average price changes vary: RM, the average price from last year's huge 282,000 U.S. dollars rose to 304,000 U.S. dollars, and the Barrett-Jackson Down from 87,000 U.S. dollars to 74,000 U.S. dollars. Therefore, although the classic cars of high-end market has maintained a rising momentum, but in the low-end market (model prices are lower than the 100,000 U.S. dollars), has begun to shrink the. Charles Kuhn is a U.S. seller of a classic cars, he smelled a very early low-end market downturn trend, in a telephone interview that he said: "who are selling cars in 2006 with the high prices make reference, unwilling to accept The fact that the market downturn, while suffering from the economic downturn while the destruction of the car and hope to bargain. " RM auction by the Operations Director Ian Kelleher that low-end car market to become more rational, so that the overall decline in turnover, but he also said: "extraordinary history with models of excellence, no matter what price range are Who is welcome. " This time Pebble Beach on the classic cars will undoubtedly confirms this theory. The auction was a star: the Italian production of the 1958 Chrysler Dablo concept car, a 1959 Ferrari 250 GT California Spider and the 1960 Jaguar Racing E2A (classic E-Type roadster, the predecessor). Auction also produced a record number of Tian Jia, one of the most striking is a 1937 version of the Bugatti Type 57SC Atalante coupe and a pair of 1961 version of the Ferrari 250 GT SWB Berlinetta, the two lords Cars were 7.9 million U.S. dollars to 4.5 million U.S. dollars and a record of successfully sold at high prices. There is also the concern of many vehicles: For example, so far existing only six version of a 1914 Stutz Series EBearcat to 1.4 million U.S. dollars sold for high prices, a 1948 Tucker sedan version of the auction price reached 1.01 million U.S. dollars, a 1933 version of Rolls-Royce Phantom II Special Edition Town Car auction price reached 2.3 million U.S. dollars »