Thursday, May 14, 2009

April 2009: Bad auto sells in Europe

Last week, in this blog, I wrote abut bad auto sells in Japan and Europe. As a result many companies suffered and now it seems that the same thing has happened in Europe. There has been some significant decrease of care sells in April 2009 in Europe. The companies that suffered a lot are BMW, Daimler and Toyota. The economic recession is the main villain behind this. Think of countries like Germany and Japan who are considered to be rich country but their economics are suffering and many people are getting unemployed every month. As a result most people are worried about their future and they are not thinking of buying new cars at this moment.