automobile sector – The Corner https://thecorner.eu Business News & Financial News | Spain & Europe Wed, 30 Oct 2024 08:28:14 +0000 en-GB hourly 1 https://wordpress.org/?v=5.6.2 Porsche, BMW and Mercedes most exposed to higher tariffs on cars imported from Europe https://thecorner.eu/news-europe/porsche-bmw-and-mercedes-most-exposed-to-higher-tariffs-on-cars-imported-from-europe/117312/ Wed, 30 Oct 2024 08:28:12 +0000 https://thecorner.eu/?p=117312 The Corner

Morgan Stanley, Javier Martinez Olcoz and Ross MacDonald study the possible scenarios of a tariff increase on imported cars from Europe and possible tax cuts. European cars have a tariff increase of 2.5% while American cars sold in Europe have a tariff increase of 10%. Tariffs for trucks and vans are 25%.The cars most at risk of a rate increase are SUVs and sedans, but precisely the price elasticity is...

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Vehicle registrations in Spain improve by 66.1% in March with 99,524 sales https://thecorner.eu/news-spain/spain-economy/vehicle-registrations-in-spain-improve-by-66-1-in-march-with-99524-sales/105326/ Wed, 05 Apr 2023 07:54:08 +0000 https://thecorner.eu/?p=105326 The Corner

CdM | The passenger car and SUV market is now in its third positive month this year, closing the first quarter with an increase of 44.5%, with a total of 237,563 units. As for the March market, a total of 99,524 units were registered, 66.1% more than in the same month of the previous year. This increase is mainly due to the improvement in both the logistics chain and vehicle...

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Gestamp to list 27% of capital on Spanish bourse on April 7 https://thecorner.eu/financial-markets/spanish-small-mid-caps/gestamp-to-list-27-of-capital-on-spanish-bourse-on-april-7/63093/ Tue, 28 Mar 2017 13:00:51 +0000 http://thecorner.eu/?p=63093 The Corner

Spanish automotives parts' manufacturer Gestamp will make its stock market listing on April 7. The preliminary price range is 5,60-6,70 euros, which values the company at 3.540 billion euros at the middle range. The operation will be positive for the Spanish bourse, where there are not a lot of industrial companies.

 

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