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ACEA S.p.A. (0MHD.IL)

IOB - IOB Delayed price. Currency in EUR
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13.29+0.07 (+0.53%)
At close: 04:45PM GMT
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  • Reuters

    European car market to contract 1% in 2022, ACEA forecasts

    The European Union's car market is on track to shrink this year, the European Automobile Manufacturers Association (ACEA) said on Friday, forecasting a 1% dip to 9.6 million units in a downward revision from an initial projection for a return to growth. "Compared to the 2019 pre-pandemic figures, this represents a drop of 26% in car sales in the space of just three years," the ACEA said in a statement, with reference to the updated forecast for 9.6 million units this year. Brexit, the coronavirus pandemic, semiconductor supply bottlenecks and the war in Ukraine had all hit the sector, the ACEA said, calling for framework conditions to be put in place to allow a recovery.

  • Stockopedia

    How secure is the Acea SpA dividend?

    There is great comfort to be found in regular, reliable dividend payouts – especially in times of economic uncertainty. But finding shares that can pay them is...

  • Reuters

    EU car sales to rise 7.9% in 2022 as chip supply stabilises - ACEA

    European Union car sales are expected to rise by 7.9% this year as semiconductor supply problems ease, but will still be some 20% below 2019 pre-pandemic levels, the European Automobile Manufacturers' Association (ACEA) said on Tuesday. ACEA's statement comes on the day the European Commission is set to propose the European Chips Act, which is designed to promote semiconductor research and production in Europe and to decrease dependence on a single country or region. ACEA said in a statement that chip supplies were expected to stabilise in 2022, allowing passenger car registrations in the European Union to rise to 10.5 million vehicles.