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Category: ECG: Capacity squeeze as markets start to recoger

  • Capacity squeeze as markets start to recover

    24 August, 2015

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    ECG: Capacity squeeze as markets start to recoger

    Barcelona, 24 de agosto 2015.-  ECG President Costantino Baldissara acknowledges optimism within the industry with both consumer and business confidence registering positive trends and EU car registrations up +10.6% (March), but warns of capacity shortages across Europe as the automotive sector slowly starts to recover. In April, demand for new passenger cars in the EU increased for the twentieth consecutive month (+6.9%), totalling 1,166,482 units and recording the best result in terms of volume for the month of April since 2009 . However the end of the first quarter of the year, typically a time of peak demand in many…

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