Part 1 - Walden by Henry David Thoreau Audiobook (Ch 01)
Sales of small cars boom in Germany Automaker crisis background.
Bailout, of course, has already become the word of the year and these days, with the global auto industry from falling into crisis, it has been used more than ever, the European Union seeks ways to assist automakers in the block, Washington aa spent weeks trying to bail out the big three, and even China recently announced plans to streamline its auto industry as part of a large stimulus package for automakers .
In Germany, however, securities related to automobiles were of a nature quite different A number of brands have record sales so far in 2009 According to media reports Thursday, Volkswagen expects sales February to reach 120,000 cars, more than ever Opel, which is struggling to survive as GM parent company sinks further into economic difficulties, had its best month in five years this February, selling 40,000 cars and the car manufacturer roumain Dacia even had to boost production recently to meet strong demand in Germany.
The reason is not hard to find in Germany Included in the 50 billion to 64 billion stimulus plan, which finally cleared the last obstacle legislation last week, is the so-called scrappage measure hands Germans from 2500 to JUNK their old cars - provided they immediately buy a new one and even before the provision came into effect, tens of thousands of Germans began the assault on their local car dealers.
There has never been a promotion of the rule which has had a positive effect as the scrappage Robert Rademacher, President of the German Association for Trade and repair of engines, told the magazine automotive, Motor und Sport this week.
His euphoria is taken by Patrick Pélata, COO of the parent company Dacia Renault's scrappage scheme in Germany has led to extreme push, he told the Financial Times Deutschland orders surged sixfold.
Yet it is unclear if the measure can provide long-term support for German and European automotive Most cars sold because of the premium are smaller, cheaper models like the VW Polo, Dacia Sandero or Opel Corsa Indeed, because of the demand for compact cars, some buyers were put on a waiting list and may have to wait months to get their new car again, the program is currently capped at 1 5 billion, enough for 600,000 people to take advantage when the measure passed in the upper house of the German parliament last week, nearly a quarter of a million Germans had already lined up in anticipation.
Meanwhile, sales of large cars in Germany fell through the floor marks of signing such as Mercedes, Porsche, BMW and Audi are all sales with high-end sedans fell 48 percent in January compared to same month a year earlier due to higher margins on these models, the slowdown is doubly dangerous.
The European Commission said on Wednesday it would not present a Europe-wide plan to save the auto industry on the continent, I do not believe for a moment that any government can be a better car manufacturer than those we already have, said the company and industry commissioner Günter Verheugen.
At the same time, however, the Commission takes a look at the plans to support the automotive industry presented by France, Spain, Britain, Italy, Sweden and Germany According to media reports France has dropped a clause in his plan that would have called for Renault and Peugeot to close plants outside France before shuttering plants inside the country's protectionist clause was the subject of sharp criticism from the European Union.
In total, new car registrations in January this year in the European Union fell by 27 percent compared to the same period last year.
Success Small Compact Car Sales Boom in Germany amid crisis Automaker SPIEGEL ONLINE News, Compact, small, sales, boom.