SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Chispas who wrote (868)2/28/2004 9:48:23 PM
From: mishedlo  Respond to of 116555
 
detnews.com

European automakers, too, struggle with competition from Asia
Europe's automakers are facing the same challenge as Detroit's Big Three: an erosion of market share on their home turf as Asian competitors pick up more sales.

Japanese and Korean car makers increased their Western Europe stake to 16 percent last year from 14.2 percent in 2002, according to the European Automobile Manufacturers Association. But major players such as Volkswagen AG, PSA Peugeot Citroen and Renault SA, as well as Ford Motor Co. and General Motors Corp., saw their European market shares decline. BMW Group was alone in increasing its business, although only slightly.
=======================================================================
Hmmm Is that a Euro rate cut I smell?
Nice post!
(I am buying more Euribor calls on Monday)

Mish



To: Chispas who wrote (868)2/29/2004 3:49:18 AM
From: Chispas  Read Replies (7) | Respond to of 116555
 
SCRAP STEEL : "The problem is the Chinese are outbidding us."

goerie.com