China slowdown casts shadow over Frankfurt Motor Show
- 9 years ago
The fancy new models at the 2015 Frankfurt Motor Show which opens this week reflect a cautious optimism over the global car market – at least in some parts of the world.
Sales in America have been booming, though they have been tumbling in China – while Europe has been seeing a surprising, tentative but fragile, improvement.
“We are seeing Europe starting to get in to a recovery mode. It’s still slow, it is still a slow recovery, but at least we are on recovery mode. We are not seeing sales decline and slow and not sure when it is going to happen. So we are seeing a little bit more optimism out of this show than we have for the last couple of European shows,” said Stephanie Brinley, senior analyst at IHS Automotive market research.
The number of exhibitors at Frankfurt is more than 10 percent up on two years ago – more than 1,000 in all from nearly 40 countries, with the number of journalists said to be around 12,000.
The talk at this year’s show is of connected and automated
Sales in America have been booming, though they have been tumbling in China – while Europe has been seeing a surprising, tentative but fragile, improvement.
“We are seeing Europe starting to get in to a recovery mode. It’s still slow, it is still a slow recovery, but at least we are on recovery mode. We are not seeing sales decline and slow and not sure when it is going to happen. So we are seeing a little bit more optimism out of this show than we have for the last couple of European shows,” said Stephanie Brinley, senior analyst at IHS Automotive market research.
The number of exhibitors at Frankfurt is more than 10 percent up on two years ago – more than 1,000 in all from nearly 40 countries, with the number of journalists said to be around 12,000.
The talk at this year’s show is of connected and automated