EU GDP falls 2.5%, auto sales down 12%
16th May 2009 by

Continental Europe is now in its worst recession since World War 2. GDP fell 2.5% in Q1, following a...

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GM bankruptcy threatens auto supply chain
27th April 2009 by

It seems highly likely that GM, the largest US car manufacturer, will enter Chapter 11 bankruptcy pr...

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GM plans 2 month summer shutdown
23rd April 2009 by

The prospect of bankruptcy is finally sharpening the knife at GM. As the blog noted last month, inve...

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US auto sales start to bottom
4th April 2009 by

The blog may be over-optimistic, but as with US house markets, it is hopeful that US auto market may...

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Obama gets tough on US auto industry
30th March 2009 by

There had been speculation that President Obama’s mid-West background might tempt him to take ...

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Auto suppliers face difficult time as bankruptcies rise
6th March 2009 by

The decline in auto sales is now threatening many industry suppliers around the world: • Today, th...

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US auto sales remain depressed
5th March 2009 by

February brought no relief for the troubled US auto industry, so critical to chemical sales. Sales w...

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European auto sales slide continues
9th February 2009 by

European auto sales fell 25% in January, according to JD Power. This equals an annualised rate of ju...

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GM, Chrysler’s US sales collapse
4th February 2009 by

January’s US auto sales figures gave no hope that demand is yet bottoming out. Volumes were do...

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Global chemical production down 4.4% in November
25th January 2009 by

Global chemical production is now falling at an alarming rate, down over 4% in November, as core dem...

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