Song PHEV: Next Best-Seller for BYD? 11 in 2013, with less than 3.000 units delivered, BYD has becomed the undisputed Best Selling manufacturer in the World! 7 (And 18k sales) in 2014, thanks to the Qin performance, BYD was simply irresistible this year: Fourth in January, Third in June, Second in July, and finally first in October. Even if they can't, this extraordinary performance places the chinese carmaker as one of the top players for 2016, along with Nissan, Tesla or Volkswagen. 10 - BYD Tang). 6 in Europe, a poor showing for the largest auto manufacturer in Europe and one of the largest in the World. Mitsubishi the European Leadership, while on a global level, it had dropped one position, staying firm in Fifth. Unlike their regular ICE car sales, VW plug-ins weren't affected by the scandal, keeping in line with longer term trends, like the sinking of the VW e-Up! Golf GTE and e-Golf, and the incoming success of the Passat GTE, already the best selling model of its class in November.
The end result for markets yesterday was the second worst day of the year (behind the January 3rd plunge) for the S&P 500 and DOW, falling -2.41% and -2.38%, respectively. 1.11%) survived at a sector level with tech (-3.71%), consumer discretionary (-2.95%) and financials (-2.87%) seeing the biggest falls. At a stock level, 457 of the 505 stocks in the S&P closed lower. The NASDAQ however tumbled -3.41% for the biggest decline since December 4th last year. After US markets closed yesterday, the USTR announced the timeline for the next tranche of tariffs, should the US decide to implement them. It appears that Trump’s comments have done enough to help markets stage a mini rebound overnight in Asia. The Nikkei for example is back to -0.65% after trading down as much as -2.07%, while there are also much more muted declines for the Shanghai Comp (-0.36%) and CSI 300 (-0.18%).
0.11%) has just turned positive also. The Hang Seng (-1.58%) has seen a heavier fall albeit partly playing catch up after being closed on Monday. 0.26%, putting it at 6.894 having touched as high as 6.919, while EM FX more broadly is flat. Temporary respite then however it wouldn’t be a great surprise to see risk assets struggle once Europe walks in again. 0.54%) have earned their status as safe-haven currencies. 1.08%) was the obvious beneficiary while soybeans (-1.32%) and more notably cotton (-3.61%) got hit. Another negative geopolitical risk getting some renewed airtime yesterday was Brexit, with the situation continuing to deteriorate.Last week’s European Parliament poll showed a further drop in support for the Conservative party, who now poll in sixth place. That’s likely to make Tory MPs less willing to stomach a general election but also raises the pressure on PM May to resign. Separately, Labour party leaders said that they are unlikely to accept a compromise deal which does not include a second referendum. That crosses a red line for the Conservatives, so a cross-party deal is looking less and less likely.
Economic data understandably took a backseat to the trade developments and sharp market moves, and to be fair there wasn’t a lot of important data regardless. The Bank of France’s business industry sentiment survey fell 1 point to 99, indicating below-average levels of optimism, which was actually the lowest since October 2016. Other than that, Bloomberg released the results of their latest European economic surveys. 1.0% mom flash reading expected). 3.3%. Also due out this morning is the March industrial production print for the Euro Area and the May ZEW survey in Germany. In the US today we’re due to get the April NFIB small business optimism reading and April import price index print. Away from the data the Fed’s Williams is due to speak at 8.15am BST this morning followed by George (5.45pm BST) and Daly (11pm BST) this evening. The ECB’s Villeroy is also scheduled to speak this morning. Chinese yuan (ONSHORE) closed DOWN at 6.8816 /Oil UP to 61.64 dollars per barrel for WTI and 71.08 for Brent. Stocks in Europe OPENED GREEN// ONSHORE YUAN CLOSED DOWN // LAST AT 6.9068 AGAINST THE DOLLAR.
Is the 2011 VW Touareg electric or gas? The 2011 Volkswagen Touareg is a gas-powered vehicle. Is the 2009 VW Tiguan electric or gas? The 2009 Volkswagen Tiguan is a gas-powered vehicle. Is the 2010 VW Touareg electric or gas? The 2010 Volkswagen Touareg is a gas-powered vehicle. Is the 2007 VW Jetta electric or gas? The 2007 Volkswagen Jetta is a gas-powered vehicle. Is the 2014 VW Tiguan electric or gas? The 2014 Volkswagen Tiguan is a gas-powered vehicle. Is the 2005 VW Touareg electric or gas? The 2005 Volkswagen Touareg is a gas-powered vehicle. Is the 2013 VW Tiguan electric or gas? The 2013 Volkswagen Tiguan is a gas-powered vehicle. Is the 2007 VW Passat electric or gas? The 2007 Volkswagen Passat is a gas-powered vehicle. Is the 2013 VW Eos electric or gas? The 2013 Volkswagen Eos is a gas-powered vehicle. Is the 2014 VW Beetle electric or gas? The 2014 Volkswagen Beetle is a gas-powered vehicle. Is the 2004 VW GTI electric or gas? The 2004 Volkswagen GTI is a gas-powered vehicle. Is the 2003 VW Jetta electric or gas? The 2003 Volkswagen Jetta is a gas-powered vehicle. Is the 2001 VW Passat electric or gas? The 2001 Volkswagen Passat is a gas-powered vehicle. Is the 2014 VW Touareg electric or gas? The 2014 Volkswagen Touareg is a gas-powered vehicle. Is the 2013 VW GTI electric or gas? The 2013 Volkswagen GTI is a gas-powered vehicle.
