
good news for car manufacturing companies this is the latest news regarding sales at Geria Epirus. In particular, they increased 12% year-on-year in February to 902,775 vehicles, supported by vibrant markets in the UK and Spain, as well as improved supply chain performance. According to the European Automobile Manufacturers Association, sales of battery electric vehicles increased by 34%, more than any other type of transmission installed in cars. At the same time, it should be noted that there is great indignation within the EU, which initially set a limit in 2035, when the sale of new cars with internal combustion engines will completely stop. They are considered particularly polluting, and their emissions are responsible for Greenhouse effect, but recently, and especially after the energy crisis, objections have arisen. Large countries with a strong auto industry, such as Germany and the Czech Republic, are asking for some kind of relaxation so that cars with such engines can be sold after 2035, but on a neutral fuel that will not harm the environment. . According to Reuters, the commission has prepared a draft proposal that will continue to market new cars with internal combustion engines, provided that they use environmentally friendly fuel, also called synthetic. On the contrary, Spain and France, although they represent countries with a strong automotive sector, remain indifferent to the initial decision. The commission’s project is designed to relieve the tense situation with Germany by creating a completely new category of vehicles.
In addition, overall conditions for the automotive industry in Geria Epirus have improved relatively. Shortages in semiconductors and other components are less of a concern, but automakers are still facing supply issues, a slowing economy and rising inflation. However, order books remain full for now, but companies are becoming increasingly pessimistic about the outlook, a survey of German manufacturers showed earlier this month. “Supply chain restrictions have eased, although tightening consumer budgets poses a risk to pricing and a recovery in auto sales,” write Bloomberg Intelligence analysts Gillian Davis and Michael Dean, who expect sales to rise at least 5% this year due to lower demand. .
Source: Kathimerini

Lori Barajas is an accomplished journalist, known for her insightful and thought-provoking writing on economy. She currently works as a writer at 247 news reel. With a passion for understanding the economy, Lori’s writing delves deep into the financial issues that matter most, providing readers with a unique perspective on current events.