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The oil, reducing of cars in the United States

By Denis Delbecq • July 2nd, 2008 in 9:43 · Category: Actuality

Nothing goes more to the kingdom of the car. Sales of cars dived in June in the United States. Fall attains 18 % in comparison with the same period of 2007. It is especially the big cars and Suv (sports and utilities) that does not make recipes anymore. The number of registrations attained in June its lowest level for fifteen years, while the barrel of oil becomes established above 140 dollars. In 2007, its medium course was 72 dollars.

With an uncertain financial status, and especially a spectacular increase in the price of the petrol, the Americans abandon more and more often the purchase of the cars of sports, and other pickups. They rush for cars with a small engine, notably Japanese, which the industrialists upset to give. Honda saw the sales augmenting by 1 %. Toyota does not manage to answer request for the toy cars and the hybrid Prius, while his pickup star sees his sales going down by 31 %.

For their part, the American constructors collapse, for lack of having models not very fond of good food. Ford sees his sales going down by 28 %, Chrysler of 36 % and General Motors of 18 %, after May in fall of 27,5 %. But this last owes the "greeting" and the maintaining of the leader's position only to a massive operation of reduction of stocks with discount and loans to zero rate. The giant spends a thousand million dollars a month, taken on his reservations, to adapt its production to request and to perfect vehicles less fond of good food Four plants, devoted to powerful cars, will be closed this year

For eighteen months, the price of the petrol burnt in the United States. In France, the existence of a fixed tax, TIPP, plays the role of amortisseur of increase, who is added to the advantageous effects of the exchange rate of the euro in relation to the dollar. The American consumers suffer very hard the totality of the increase in the barrel. The American gallon (3,78 litres) of great is worth 4,5 dollars today (that is 1,20 dollar the litre), up 30 % over six months.

At the same time, sales of two wheels develop. According to the association of the constructors, sales of motorbikes and scooter believed 24 % in the United States since the beginning of the year and Vespa saw the sales in May climbing 105 % But it is always sold fifteen times less two-wheeled vehicles than cars.

Picture: © Denis Delbecq

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