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Steven Bell, chief economist with BMO Global Asset Management, said surveys of purchasing managers in the private sector around the world suggested a broad pick-up in industrial production was not far off links of london. And for many consumers in rich economies, low inflation and gradually rising wages will help their spending power. But even if the world economy avoids a painful slowdown this year, it faces daunting fundamental challenges. Many countries seem stuck in a rut of slow productivity growth which puts a brake on earnings and has propelled the rise of populist politics, from Trump to the protests in France..
In Britain, the radical left-wing leadership of Britain’s opposition Labour Party is worrying investors after Prime Minister Theresa May split her Conservative Party with her plan to ease Britain out of the European Union at the end of March. Gabriel Sterne, head of global macro research at Oxford Economics, said the pressure on politicians to heed the frustration of voters after years of austerity could help end an overly tight squeeze on public spending by some governments. “By contrast, a worst-case scenario is one in which frustrated politicians launch hasty attacks or takeovers of key institutions, compromising central bank independence and launching unsustainable fiscal expansions,” he said links of london.
BERLIN (Reuters) – Volkswagen Group’s (VOWG_p.DE) deliveries rose 0.9 percent to a record 10.83 million last year, the German company said on Friday, putting it neck-and-neck with Renault-Nissan-Mitsubishi in the race to be the world’s biggest vehicle manufacturer. Rivals Toyota Motor (7203.T) and Renault-Nissan-Mitsubishi have not released 2018 registration figures, but the Franco-Japanese alliance sold 10.6 million vehicles in 2017 and racked up sales of 5.54 million in the first half of 2018 links of london.
Toyota last month released a forecast for total global sales of 10.55 million vehicles last year, but has yet to confirm official numbers. “If we assume that the 10.8 million sales VW have reported is confirmed, it is very likely to be enough to place Volkswagen Group in the number one spot,” said David Oakley, an analyst at LMC Automotive. That would be the fifth consecutive year Volkswagen Group has held the position, Oakley said, adding it was too early to say whether Toyota or Renault-Nissan-Mitsubishi would be in second place, also because registration figures have not yet been published for all markets links of london.
Volkswagen Group’s figures include sales of light vehicles and trucks links of london. Measured by passenger cars alone, registrations last year would have accounted for 10.1 million, it said. “If we looked at passenger cars only, the picture would be roughly similar. Volkswagen Group would still be ahead, although by a wider margin, as it is relatively less reliant on light commercial vehicles than the other two,” Oakley said. Only around 4 percent of Volkswagen Group’s sales were light commercial vehicles in 2018 compared with 12 to 15 percent for Renault-Nissan-Mitsubishi and Toyota Group, according to LMC..