Europe Grapples With Slowdown in Autos Market

The video discusses the current challenges in the auto industry, including weak demand, diesel charges, and restructuring costs. It highlights the issues with R&D spending and the lack of infrastructure for electric vehicles. The discussion covers the role of governments and carmakers in addressing these challenges, with examples like Shell's involvement. The video also compares traditional carmakers with new competitors like Tesla and examines the impact of new emission standards in China, which has created inventory and economic challenges.

What are some of the challenges faced by car makers during the earnings season?

• High demand in major markets

• Diesel charges and restructuring costs

• Low R&D spending

• Abundant infrastructure for new technologies

What is a significant barrier to the adoption of electric vehicles?

• Lack of consumer interest

• High number of available models

• Insufficient infrastructure

• Low technology costs

Who are some of the stakeholders involved in developing infrastructure for electric vehicles?

• Petrol suppliers exclusively

• Governments, car makers, and utilities

• Only car makers

• Consumers alone

What recent change in China has affected car makers?

• Introduction of new emission standards

• Decrease in tariffs

• Relaxation of government regulations

• Increase in vehicle inventory

What short-term opportunity arose in China due to new emission standards?

• Increase in compliant vehicle production

• Offers to clear non-compliant vehicle inventories

• Decrease in consumer offers

• Expansion of car maker quotas