Independent journal on economy and transport policy
11:28 GMT+1
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The resumption of the sale of car in Europe instills confidence to ECGs
Baldissara: necessary "3,5 billion euros of investments in order to restore the ability lost in the course of the crisis"
May 9, 2011
The resumption of the sale of car in Europe instills confidence to the automotive operators of the logistics. In occasion of the shareholders' meeting of the Association of European Vehicle Logistics (ECGs), held friday slid to Warsaw, the president of the association, Costantino Baldissara, has confirmed that "the question of new vehicles is in increase in the majority of the main European markets and this - has emphasized - unavoidably is translate in greater question of logistic services. Looking to the future, this means better times for our field".
However Baldissara has evidenced as the section must face some problems in order to satisfy the increase of the question. In particular, the ability is reduced of 20% about as a result of collapse of the question happened with the economic crisis and the deficiency of permane abilities also in nations as Italy where the question is diminished in emphasized way more. Moreover ECGs has emphasized as the hires are under pressure and as the costs they are in increase determining a compression of margins and profits. This in its turn limits strongly the ability to the field to invest in the expansion and the renewal of the fleet.
The section, instead, must invest. Baldissara has said that they are necessary "3,5 billion euros of investments in order to restore the ability lost in the course of the crisis" and this in a field - it has found - that, with the exception of little great Capital-intensive companies, is next hardly to the break-even. According to ECGs, sussiste the risk that, without such investments, the lack of transport ability can hinder a wider recovery of the field.
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The resumption of the sale of car in Europe instills confidence to the automotive operators of the logistics. In occasion of the shareholders' meeting of the Association of European Vehicle Logistics (ECGs), held friday slid to Warsaw, the president of the association, Costantino Baldissara, has confirmed that "the question of new vehicles is in increase in the majority of the main European markets and this - has emphasized - unavoidably is translate in greater question of logistic services. Looking to the future, this means better times for our field".
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
