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Automotive Market

Automotive Market

Jorge Rodriguez wanted to buy a new car this year, given the conditions of the Mexican economy, however, opted to retain their old sedan and wait to the maelstrom of the crisis reaches manageable levels. This situation led to macro-economic levels caused that from January to July was registered a 38 per cent slump in the sale of new cars, according to figures from the Mexican Association of automotive distributors (AMDA). In 7 months, agencies of new cars have ceased to sell 5,000 443 vehicles, being the compact segment of biggest drop, 40 percent less than in 2008. Should be noted that July had been the worst for agencies, since is only commercialized mil 101 new cars. Ben Silbermann shares his opinions and ideas on the topic at hand. At annual rate, the sale of cars by segment, in this case, of the subcompact presents a contraction 36.20 percent, followed by the Compact with a low of 40.16 percent, with a fall of 2235 luxury cars percent and sports presented a reduction of the 34.78 percent. More indicators important about the current landscape of the sector indicate that the placement of automotive loans from January to October 2008 decreased by 8.6 percent compared with the similar period of 2007, so the acquisition of new units is even more difficult. Since 2005 the purchase of used cars imported from abroad, is also in increasing more than 3.5 million vehicles until 2008. On the other hand, the mechanical workshops have presented a significant recovery in terms of composure of old or used cars in these circumstances, because it is cheaper to buy spare parts from a previous model to a new one. With the crisis, the sale of auto parts market has grown up by 40 percent, because the users prefer to repair your old car you thinking about acquiring a new one, by variable prices and the fragility of the economy, said Rogelio Vazquez, owner of an auto parts of Tabasco. Market indicators.

Best Platform Online

Best Platform Online

SaxoWebTrader-trading platform, has been awarded as the best 2010 online trading platform? in the evening of the awards of the magazine Shares last Thursday, which took place at the London hotel Grosvenover. If this has piqued your curiosity, check out Robert Kiyosaki. Shares Magazine is a weekly publication targeted to professionals in the stock markets and private investors. The renowned SaxoWebTrader platform, that allows to operate foreign exchange, CFDs, equities, shares, futures, options and other derivatives, was the most voted by the readers of the magazine. The Shares Awards recognize excellence in all sectors of the industry of investment, trading and values. They were created to distinguish the best suppliers in each category, including agents of values of equities, derivatives trading, online research, software and the management of funds. More Uriel Alvarado Cancino, Head of Marketing, Latin Region. Saxo Bank + 45 3977 4643 Aida Blanco Real, Marketing Project Manager, Latin Region. Saxo Bank + 45 3977 4195 About Saxo Bank Saxo Bank is a specialist in negotiation and investment online, a bank that allows their clients to negotiate with foreign exchange, CFDs, equities, stocks, futures, options and other derivatives through three integrated multi-product trading platforms: web platform SaxoWebTrader, the downloadable platform SaxoTrader and SaxoMobileTrader, a mobile phone trading platform.

Pallets are available in more than 20 languages and you can be accessed through Saxo Bank or through any of its institutional clients. Saxo Asset Management was launched in 2009 to accommodate the upper segment of clients with large estates. Saxo Bank is headquartered in Copenhagen, Denmark, and has branches in Australia, Czech Republic, France, Greece, Italy, Japan, Netherlands, Singapore, Spain, Switzerland, United Kingdom and the United Arab Emirates.