Automotive News Europe - January 5, 2009 - 21

January 5, 2009 www.autonewseurope.com · PAGE 21 Estimated European registrations by country – November & YTD Nov. 2008 Nov. 2007 Percent change 11 mos. 2008 11 mos. 2007 Percent change Commentary Germany United Kingdom Italy France Spain Belgium Netherlands Poland Austria Romania Greece Sweden Portugal Ireland Hungary Denmark Finland Czech Republic Slovenia Slovakia Luxembourg Bulgaria Estonia Lithuania Latvia EUROPEAN UNION Switzerland Norway Iceland EFTA TOTAL Source: ACEA (www.acea.be) 233,772 100,333 138,352 145,893 63,068 30,381 29,867 27,104 19,836 13,713 13,402 17,616 15,366 644 10,131 8,337 6,447 11,384 4,252 4,789 3,425 3,324 1,147 1,005 990 904,578 20,933 6,952 74 27,959 932,537 283,921 158,735 196,125 169,757 125,206 36,351 38,151 24,495 22,870 29,230 19,977 27,705 15,917 1,461 14,142 15,201 3,753 11,162 5,121 5,213 3,823 4,117 2,421 2,101 2,571 1,219,526 24,815 10,453 1,365 36,633 1,256,159 –17.7 2,864,059 –36.8 2,023,104 –29.5 2,018,587 –14.1 1,896,596 –49.6 1,088,720 –16.4 514,110 –21.7 492,814 10.7 290,305 –13.3 277,985 –53.1 266,637 –32.9 259,304 –36.4 236,826 –3.5 192,210 –55.9 151,426 –28.4 146,986 –45.2 141,570 71.8 135,168 2.0 133,357 –17.0 65,372 –8.1 63,647 –10.4 49,597 –19.3 41,526 –52.6 23,349 –52.2 20,485 –61.5 18,229 –25.8 13,411,969 –15.6 264,502 –33.5 102,798 –94.6 8,987 –23.7 376,287 –25.8 13,788,256 2,906,258 2,266,047 2,330,883 1,881,995 1,470,394 501,103 496,575 265,700 279,414 288,344 269,380 276,044 186,468 186,096 158,731 148,846 123,520 121,991 61,192 54,407 48,406 37,486 29,090 19,228 30,244 14,437,842 262,005 119,973 15,092 397,070 14,834,912 –1.5 –10.7 –13.4 0.8 –26.0 2.6 –0.8 9.3 –0.5 –7.5 –3.7 –14.2 3.1 –18.6 –7.4 –4.9 9.4 9.3 6.8 17.0 2.5 10.8 –19.7 6.5 –39.7 –7.1 1.0 –14.3 –40.5 –5.2 –7.1 Industry loses a visionary BMW’s Michael Ganal is remembered for his good nature, guts, sales genius Luca Ciferri Automotive News Europe I first met Michael Ganal, BMW’s former chief financial officer, on September 28, 1998, near Turin. That day BMW was unveiling its C1, a motorcycle/car crossover, in the place it would be built – Carrozzeria Bertone in Grugliasco. Ganal was the president of BMW’s motorcycle division and the C1 was his pet project. The C1 was a visionary product. It was the first motorcycle a person could drive without wearing a helmet because it had a seat belt and a steel safety cage. The C1 failed. Maybe it was too ahead of its time or maybe it was not promoted well after its initial slow sales start. Since then, I have met and interviewed Ganal, many times. One time I clearly remember was when he unveiled BMW’s new vision of building cars to order. Other times were during broader (and endless) discussions about the role of the iconic Mini small-car brand within the BMW group. I always enjoyed talking with Ganal, a German-born lawyer who joined BMW in 1986, both for his frank and broad vision, which is common in the auto industry, and also for his genuine good manners, something that is not so common in the industry, particularly in these stormy days. Nov. 2008 Nov. 2007 Percent change 11 mos. 2008 11 mos. 2007 Percent change Volkswagen division Audi Seat Skoda Other VOLKSWAGEN AG Peugeot Citroen PSA GROUP Ford division Volvo FORD MOTOR CO Opel/Vauxhall Chevrolet/GM Daewoo .. Saab GM U.S. GENERAL MOTORS Renault division Dacia RENAULT Fiat division Lancia Alfa Romeo Other FIAT GROUP BMW division Mini BMW GROUP Mercedes-Benz Smart DAIMLER AG Toyota Division Lexus TOYOTA MOTOR NISSAN HYUNDAI HONDA SUZUKI MAZDA KIA MITSUBISHI Jaguar Land Rover JAGUAR LAND ROVER CHRYSLER LLC OTHER TOTAL 112,259 50,664 22,045 28,068 160 213,196 59,303 55,071 114,374 81,266 14,787 96,053 62,005 10,641 3,536 201 76,383 74,524 14,678 89,202 60,456 7,446 7,596 373 75,871 43,003 7,798 50,801 46,040 7,786 53,826 42,039 1,501 43,541 20,635 20,219 14,467 15,634 13,892 15,689 7,532 2,016 3,358 5,374 3,946 1,902 932,537 137,227 50,614 29,210 40,837 213 258,101 83,344 73,222 156,566 98,288 21,111 119,399 99,675 15,630 6,480 373 122,158 96,485 17,561 114,046 79,070 9,076 10,938 512 99,596 60,414 13,102 73,516 60,479 10,806 71,285 63,022 2,660 65,682 26,677 23,502 22,030 22,429 18,635 22,510 11,092 1,993 7,449 9,442 8,710 10,783 1,256,159 –18.2 0.1 –24.5 –31.3 –24.9 –17.4 –28.8 –24.8 –26.9 –17.3 –30.0 –19.6 –37.8 –31.9 –45.4 –46.1 –37.5 –22.8 –16.4 –21.8 –23.5 –18.0 –30.6 –27.1 –23.8 –28.8 –40.5 –30.9 –23.9 –27.9 –24.5 –33.3 –43.6 –33.7 –22.6 –14.0 –34.3 –30.3 –25.5 –30.3 –32.1 1.2 –54.9 –43.1 –54.7 –82.4 –25.8 1,457,272 616,018 315,592 421,590 3,467 2,813,939 945,882 803,152 1,749,034 1,150,053 208,617 1,358,670 1,074,146 169,790 60,983 4,955 1,309,874 1,042,622 171,073 1,213,695 900,844 106,723 95,102 6,211 1,108,880 628,554 135,888 764,442 646,846 93,199 740,045 704,804 27,592 732,397 319,810 254,496 247,473 237,751 233,493 223,151 113,681 35,537 65,364 100,901 88,387 178,138 13,788,256 1,517,524 614,501 358,408 445,278 4,363 2,940,074 1,037,339 883,989 1,921,328 1,213,109 244,782 1,457,891 1,249,389 186,304 77,148 5,187 1,518,028 1,124,524 157,553 1,282,077 910,367 115,316 134,837 5,417 1,165,937 645,891 134,092 779,983 697,586 87,181 784,767 826,630 36,985 863,615 290,591 277,520 294,393 265,131 225,462 231,913 132,852 30,881 96,229 127,110 110,305 165,935 14,834,912 –4.0 0.2 –11.9 –5.3 –20.5 –4.3 –8.8 –9.1 –9.0 –5.2 –14.8 –6.8 –14.0 –8.9 –21.0 –4.5 –13.7 –7.3 8.6 –5.3 –1.0 –7.5 –29.5 14.7 –4.9 –2.7 1.3 –2.0 –7.3 6.9 –5.7 –14.7 –25.4 –15.2 10.1 –8.3 –15.9 –10.3 3.6 –3.8 –14.4 15.1 –32.1 –20.6 –19.9 7.4 –7.1 Photo: BMW Archive Estimated European registrations by manufacturer – November & YTD BMW executive Michael Ganal died last month after a long illness. He was 54. They told me Ganal was fighting a serious illness so he was not a contender for BMW’s top job. I was extremely sorry – and also surprised – because Ganal was doing his job as though nothing was wrong. He had asked for the news about his illness to be kept secret. In a small world like Europe’s automotive industry community, this was one of the very few secrets that was respected. The last information I had on Ganal, about a year ago, was that he had won his health battle and was fighting another battle: To maintain BMW’s strong results of recent years. Unfortunately, this last piece of information was wrong. Ganal died aged 54 in the night between December 5 and 6. Everyone who loves this industry will miss him – particularly those who love BMW cars. BMW lifer Ganal was a lawyer who became an auto sales expert 1986: Joins BMW after working for a year as a lawyer 1993: Moves to Daimler Benz Aerospace as marketing boss 1996: Rejoins BMW as head of motorcycles 1999: Becomes head of European sales 2000: Becomes head of global sales and marketing 2007: Appointed head of finance Ganal played a crucial part in BMW’s big product expansion in recent years. I can only add this: Ciao, Michael. Thanks for helping me to understand a little better this terribly comANE plicated industry. Candidate to be CEO For a while, I was the BMW correspondent for Automotive News Europe. That was not an easy period because of the unexpected “accelerated” retirement of then-CEO Helmut Panke. I considered Ganal to be one of the top three candidates to replace Panke and I was ready to print this. BMW sources gently suggested that I delete his name. *Europe includes the EU plus Iceland, Norway and Switzerland (includes Liechtenstein) but not Malta and Cyprus. GM US includes IBC/Isuzu. Fiat Group Other includes Ferrari and Maserati. VW Other includes Bentley, Lamborghini and Bugatti. Source: ACEA (www.acea.be) School of Technology Automotive stock watch Two-week share price movement of major auto companies Closing price Closing price Manufacturers Currency Dec. 17, ’08 Dec. 3, ’08 BMW (€) 22.2 19.7 DAIMLERCHRYSLER (€) 25.1 23.2 FIAT (€) 5.0 5.6 FORD MOTOR ($) 3.1 2.9 GENERAL MOTORS ($) 4.4 4.9 HONDA MOTOR (¥) 1,891.0 1,797.0 NISSAN MOTOR (¥) 302.0 312.0 PEUGEOT (€) 12.0 14.7 PORSCHE (€) 48.9 45.0 RENAULT (€) 17.3 17.7 TOYOTA MOTOR (¥) 3,030.0 2,800.0 VOLKSWAGEN (€) 310.0 293.8 Closing price Closing price Suppliers Currency Dec. 17, ’08 Dec. 3, ’08 AUTOLIV (Skr) 21.7 19.3 CONTINENTAL (€) 36.3 35.5 DELPHI ($) 0.0 0.0 ELRINGKLINGER (€) 6.2 7.5 FAURECIA (€) 10.6 12.0 GKN (£) 85.0 76.3 JOHNSON CONTROLS ($) 17.8 17.7 LEAR ($) 1.7 2.3 MAGNA INTL. (C$) 35.7 34.0 MICHELIN (€) 38.1 38.7 SIEMENS (€) 49.8 47.0 SOGEFI (€) 1.3 1.2 THYSSENKRUPP (€) 17.3 15.3 VALEO (€) 10.5 10.3 WAGON* (£) 1.3 1.3 Source: PricewaterhouseCoopers Corporate Finance *Trading suspended since October 13, 2008 Period Change 13.0% 8.4% -9.9% 10.2% -10.8% 5.2% -3.2% -18.0% 8.7% -2.2% 8.2% 5.5% Period Change 12.6% 2.1% -3.7% -17.9% -11.7% 11.5% 0.6% -25.1% 5.0% -1.6% 6.1% 10.0% 13.2% 2.5% 0.0% 12 month High Low 42.9 17.4 66.2 20.1 17.7 4.8 8.5 1.3 29.0 2.8 3,860.0 1,653.0 1,233.0 292.0 53.6 12.0 140.9 43.0 98.5 14.7 6,310.0 2,650.0 919.5 147.3 12 month High Low 61.7 15.1 88.7 27.7 0.2 0.0 29.0 5.8 49.5 8.1 320.8 66.8 37.1 14.1 31.5 1.0 81.1 29.8 79.4 31.4 108.6 36.2 4.7 1.1 46.6 12.2 29.7 9.3 40.8 1.0 Business Manager, Sustainable Vehicle Engineering Centre (SVEC) Starting salary: £36,533, rising annually to £39,920 The university has a core strategy of increasing the amount of research that it undertakes and is committed to transferring its knowledge to business and the community. The business manager will drive forward the development of the SVEC through industrial liaison, support the DRIVENet network, undertake some consultancy, help to develop R&D projects, and undertake knowledge transfer activities through courses and publications. The successful candidate will have comprehensive business development acumen with sufficient experience to drive a significant increase in income from the activities of SVEC. They will work closely with existing staff in SVEC and will be able draw on support from specialist consultants when necessary. YOU SHOULD HAVE: a good degree in mechanical/automotive/materials engin
http://www.autonewseurope.com http://www.acea.be http://www.acea.be http://www.graysonline.com.au http://www.hilcoind.com http://www.PressesForIndustry.com http://www.brookes.ac.uk/vacancy http://www.brookes.ac.uk/vacancy http://www.brookes.ac.uk/vacancy

Automotive News Europe - January 5, 2009

Table of Contents for the Digital Edition of Automotive News Europe - January 5, 2009

Automotive News Europe - January 5, 2009
Contents
Why It All Went Wrong
To the Ends of the Earth
Safety First
Time to Downsize
Automotive News Europe - January 5, 2009 - Automotive News Europe - January 5, 2009
Automotive News Europe - January 5, 2009 - Contents
Automotive News Europe - January 5, 2009 - 3
Automotive News Europe - January 5, 2009 - Why It All Went Wrong
Automotive News Europe - January 5, 2009 - 5
Automotive News Europe - January 5, 2009 - 6
Automotive News Europe - January 5, 2009 - 7
Automotive News Europe - January 5, 2009 - To the Ends of the Earth
Automotive News Europe - January 5, 2009 - 9
Automotive News Europe - January 5, 2009 - 10
Automotive News Europe - January 5, 2009 - 11
Automotive News Europe - January 5, 2009 - Safety First
Automotive News Europe - January 5, 2009 - 13
Automotive News Europe - January 5, 2009 - 14
Automotive News Europe - January 5, 2009 - 15
Automotive News Europe - January 5, 2009 - 16
Automotive News Europe - January 5, 2009 - 17
Automotive News Europe - January 5, 2009 - 18
Automotive News Europe - January 5, 2009 - 19
Automotive News Europe - January 5, 2009 - 20
Automotive News Europe - January 5, 2009 - 21
Automotive News Europe - January 5, 2009 - 22
Automotive News Europe - January 5, 2009 - Time to Downsize
Automotive News Europe - January 5, 2009 - 24
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