Home Tags Posts tagged with "europe sales"

europe sales

0

European auto sales rose 9.2% in 2015 reaching 14.2 million vehicles.

However, it still remained below levels prior to the economic crisis.

The 9.2% increase was driven in large part by incentive schemes, according to the Brussels-based trade body, the Association of European Carmakers.

Several auto makers achieved double digit growth, including Daimler (17.7%) and Fiat-Chrysler (13.6%).

Amid the emissions scandal, VW’s sales climbed only 6.2% and the group’s market share slid from 25.5% to 24.8%.Europe car sales 2015

The annual figures were boosted by a strong December when sales jumped 15.9% to nearly 1.16 million, marking the 28th consecutive month of growth.

The figures include all EU members except Malta, and the three European Free Trade Association countries, Iceland, Norway and Switzerland.

Sales grew strongly in Spain (20.9%) and Italy (15.8%) in 2015, helped by government incentive schemes to encourage buyers. Sales also rose in the other major markets of France (6.8%), the UK (6.3%) and Germany (5.6%).

Car sales in the EU and the wider EFTA free trade area reached a peak of nearly 16 million in 2007. They subsequently fell to a low of just over 12.3 million in 2013 before rising again in 2014.

The association said the trend in 2015 was “positive, but in absolute terms, volumes remain low”.

0

French food and drink company Danone has announced it will cut 900 jobs after weakness in southern European economies hit sales.

The owner of Activia yogurt and Evian bottled water reported sales of 20.1 billion euros ($26.8 billion) in 2012, up 5.4% from a year earlier.

But sales in Europe fell 3% following a “severe deterioration” in consumer demand.

As a result, Danone has announced a cost-cutting plan.

The firm plans to cut about 900 management and administrative positions across 26 European countries.

“2013 will be a year of transition, with vigorous development in business in our growth markets and a drive to strengthen operations in Europe,” said chairman and chief executive Franck Riboud in a statement.

Danone has announced it will cut 900 jobs after weakness in southern European economies hit sales

Danone has announced it will cut 900 jobs after weakness in southern European economies hit sales

The world’s biggest maker of yogurts predicted its profit margins would fall again this year, with a negative trend for demand in Europe and prices of raw materials staying high.

Its sales growth in 2012 was at the lower end of its own expectations and behind the 5.9% achieved by its Swiss rival Nestle.

Danone is heavily exposed to European economies, with about 38% of its sales coming from Western Europe.

Sales at its Spanish dairy division were particularly weak.

Danone announced in December that it was preparing a two-year cost-cutting programme to save about 200 million euros.