[QUOTE]Troubles in Russia's once-booming car market are dampening spirits at the Paris Motor Show.
The European car market is seeing a fragile recovery after six years of decline, but CEOs in Paris are scaling back hopes that Russia could help drive the rebound. The sanctions imposed on the country for its involvement in the Ukraine crisis have dented confidence.
The sanctions from the U.S. and the European Union are one reason why many economists think Russia is heading for a recession.
Ford's new CEO, Mark Fields, told The Associated Press on Thursday that "weakness in Europe driven by Russia" was one reason for the company's recent lowered profit expectations for 2014.
With three plants and annual sales volumes around 120,000 units, Russia had been important to Ford Europe's goal of returning to profitability by 2015. The company announced this week that it expects profits of $6 billion to $7 billion this year, instead of $7 billion to $8 billion as earlier forecast.
Sergio Marchionne, Fiat-Chrysler's CEO, said at the world's oldesr car show that he didn't expect a rebound in Russia over the next 12 months. "I do think that in the medium term this thing will settle ... and the only reason that I say that is because the alternatives are relatively ugly."
Renault-Nissan CEO Carlos Ghosn said the sanctions were having "an impact on the Russian market which as you know is in full contraction ... we are hit indirectly by this."
The Renault-Nissan alliance has the biggest market share in Russia thanks to its partnership with Russian brand Lada, and operates four factories in the country. Last year sales were 821,404, which equated to a 29.6 percent market share.
"The mood overall is a recovery in Europe," Ghosn said. However, he noted that it's an "imbalanced" recovery.
[/QUOTE]
[url]http://abcnews.go.com/International/wireStory/russia-dims-hopes-european-auto-rebound-25915082[/url]
So how bout dem sanctions not hurting Russia?
How would Russia rebound everything? Most of their western cars are either stuff that got wrecked and repaired and nobody wants in the west anymore, or simply got stolen there and got sold in Russia.
[QUOTE=Awesomecaek;46135004]Most of their western cars are either stuff that got wrecked and repaired and nobody wants in the west anymore, or simply got stolen there and got sold in Russia.[/QUOTE]
yeah, that's why we were the second/third-largest automobile market (in terms of selling new cars) in Europe until this all started.
[QUOTE=Awesomecaek;46135004]How would Russia rebound everything? Most of their western cars are either stuff that got wrecked and repaired and nobody wants in the west anymore, or simply got stolen there and got sold in Russia.[/QUOTE]
[citation needed]
[QUOTE=laserguided;46135945][citation needed][/QUOTE]
they had no domestic auto producers that could compete with european cars or any car made after 1960 once the soviet union fell and that really hasn't changed
[QUOTE=Sableye;46136234]they had no domestic auto producers that could compete with european cars or any car made after 1960 once the soviet union fell and that really hasn't changed[/QUOTE]
How does your opinion back up what he says? I asked for a credible, proven citation.
And again, with your random claims I'll say this since most of what you say usually ends up being bullshit:
[citation needed]
[QUOTE=laserguided;46136244]How does your opinion back up what he says? I asked for a credible, proven citation.
And again, with your random claims I'll say this since most of what you say usually ends up being bullshit:
[citation needed][/QUOTE]
[citation needed]
[QUOTE=Sableye;46136260][citation needed][/QUOTE]
For what? Your typical BS?
[t]http://upload.wikimedia.org/wikipedia/commons/9/9e/Russian_Automotive_Industry_2000-2008.png[/t]
if you must know, that number is much smaller than what other countries produce
[editline]2nd October 2014[/editline]
[QUOTE=laserguided;46136275]For what? Your typical BS?[/QUOTE]
sorry i don't have a 24/7 hard-on for putin or his tsarist policies
[QUOTE=Sableye;46136276][t]http://upload.wikimedia.org/wikipedia/commons/9/9e/Russian_Automotive_Industry_2000-2008.png[/t]
if you must know, that number is much smaller than what other countries produce
[editline]2nd October 2014[/editline]
sorry i don't have a 24/7 hard-on for putin or his tsarist policies[/QUOTE]
What does this post even mean? I asked for a citation of what he said and all you've been spewing so far is non sense. Then you justify being stupid by claiming to be anti-putin.
[QUOTE=Awesomecaek;46135004]How would Russia rebound everything? Most of their western cars are either stuff that got wrecked and repaired and nobody wants in the west anymore, or simply got stolen there and got sold in Russia.[/QUOTE]
[QUOTE=laserguided;46136285]What does this post even mean? I asked for a citation of what he said and all you've been spewing so far is non sense. Then you justify being stupid by claiming to be anti-putin.[/QUOTE]
....ford sold in 2011 in the US, more cars than the entire russian auto market even could produce ever....
so ya the russian manufacturing sector is abysmal
i'm claiming you to be stupid because you can't understand basic facts, can't look up shit yourself, and spew russian propaganda faster than RT can generate it. you just shitpost anybody that has a difference of opinion
[QUOTE=laserguided;46136244]How does your opinion back up what he says? I asked for a credible, proven citation.
And again, with your random claims I'll say this since most of what you say usually ends up being bullshit:
[citation needed][/QUOTE]
I think the fact that you don't see any Russian cars in Western Europe is proof enough.
[QUOTE=laserguided;46136244]
And again, with your random claims I'll say this since most of what you say usually ends up being bullshit:
[citation needed][/QUOTE]
Russian cars don't sell well if at all outside of the Eastern bloc. They're sold in the Scandinavia counties and a few other European countries AFAIK, but their market is niche at best - probably even Suzuki outsells them.
Russian automakers lack experience in making competent cars; they pumped out the same shit for 30 years (Lada Riva/VAZ 2101 was in production for [I]40[/I] years and was based on an old Fiat) under the USSR, pumped out the same shit for another decade because everyone was too poor to buy new designs, and only in the past decade or so have starting to make genuinely new designs. It's the same situation Chinese automakers are in.
i don't understand how an automaker can even just make the same car for 40 years
like were the engineers just sitting around jerking off or what
[QUOTE=Saber15;46137198]Russian cars don't sell well if at all outside of the Eastern bloc. They're sold in the Scandinavia counties and a few other European countries AFAIK, but their market is niche at best - probably even Suzuki outsells them.
Russian automakers lack experience in making competent cars; they pumped out the same shit for 30 years (Lada Riva/VAZ 2101 was in production for [I]40[/I] years and was based on an old Fiat) under the USSR, pumped out the same shit for another decade because everyone was too poor to buy new designs, and only in the past decade or so have starting to make genuinely new designs. It's the same situation Chinese automakers are in.[/QUOTE]
This is true. Our automakers are trying to change this situation, they designed a lot of new models lately, but they still can't compete with the west. Essentially, that's why we had one of the biggest markets in Europe. Lots of people have money, and want to buy a decent car which can only be a new western-made one.
[QUOTE=greendevil;46137604]i don't understand how an automaker can even just make the same car for 40 years
like were the engineers just sitting around jerking off or what[/QUOTE]
USSR had no competition between automakers, so they just didn't care to develop new models.
[QUOTE=greendevil;46137604]i don't understand how an automaker can even just make the same car for 40 years
like were the engineers just sitting around jerking off or what[/QUOTE]
They were "communist" so there was no demand for new cars and no competition between auto manufacturers. The only real advancement in auto design was for better army trucks.
[QUOTE=antianan;46135136]yeah, that's why we were the second/third-largest automobile market (in terms of selling new cars) in Europe until this all started.[/QUOTE]
For a country with the (by far) largest population in Europe, where most people didn't have good/new cars before that's... not really good. Most Western Europeans just don't need new ones as they already have recent ones.
[QUOTE=Firewarrior;46138823]For a country with the (by far) largest population in Europe, where most people didn't have good/new cars before that's... not really good. Most Western Europeans just don't need new ones as they already have recent ones.[/QUOTE]
Well, it's just a matter of level of life, i guess. Of course it's worse than what you have in western Europe, but it's still something considering how bad it was in the 90's and the first half of 00's. Lots of people still can't afford to buy a car.
Sorry, you need to Log In to post a reply to this thread.
