Sales rise doesn't mean a full recovery for European car industry, says expert

	Hi,

	If you are looking for expert comment on the news that European car sales have risen for the first time in 18 months Associate Professor Christian Stadler is a car industry expert.

	Warwick Business School Professor Christian Stadler says: "We can not take this rise to mean that we are seeing a real recovery yet in the European car industry. We still see that mass prodcution cars are in trouble because consumers cannot afford them, but the premium cars are doing better. Car sales are also doing well in the UK because the economy is doing slightly better there, compared to the rest of Europe.

	"These numbers also look good because the industry is coming from such slump in the financial crisis and so there are not as many used cars around now. Because there are so few used cars around prices for them are high and so people are thinking they may as well buy a new car."

	To interview Dr Christian Stadler, Associate Professor of Strategic Management at Warwick Business School, contact him at:

	Email: Christian.Stadler@wbs.ac.uk 

	Tel: 024 761 51877

	Mobile: 07576 131168

	 

	Or contact:

	 

	Ashley Potter

	Press & PR Officer

	Warwick Business School

	The University of Warwick

	Coventry

	CV4 7AL

	Tel: +44 (0)24 7657 3967

	Mob: +44 (0)7733 013264

	Email: Ashley.potter@wbs.ac.uk

	 

	Warwick Business School have in-house broadcasting facilities for TV and radio. We have an ISDN line for radio and for television interviews we have the Globelynx TVReady network, a list of Warwick experts is available. If you are looking for an expert in an area that is not listed, please contact Ashley Potter. Our ISDN number is 024 7647 1287.

	 

	Notes to editors:

	Warwick Business School, located in central England, is the largest department of the University of Warwick and the UK's fastest rising business school according the Financial Times. WBS is triple accredited by the leading global business education associations and was the first in the UK to attain this accreditation. Offering the full portfolio of business education courses, from undergraduate through to MBAs, and with a strong Doctoral Programme, WBS is the complete business school.  Students at WBS currently number around 6,500, and come from 125 countries.  Just under half of faculty are non-UK, or have worked abroad.  WBS Dean, Professor Mark P Taylor, is among the most highly-cited scholars in the world and was previously Managing Director at BlackRock, the world's largest asset manager.
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