After particularly strong gains in the third quarter, automakers, parts suppliers and retailers enjoyed further improvements, albeit more modest ones, in the final three months of 2013, as measured by the Automotive News Europe/PricewaterhouseCoopers Transaction Services Shareholder Value Indices.
Having started the year in negative territory, down 3 percent in the first quarter, automakers saw shareholder value rise 9 percent in the fourth quarter. This followed gains of 18 percent in the preceding quarter and 9 percent in the second quarter.
Suppliers gained a further 15 percent in the final quarter last year, the sixth consecutive quarter of improvement. Retailers achieved their eight consecutive quarterly gain, although the 2 percent recorded in the most recent quarter may be seen as disappointing after the 27 percent gain over the preceding three months.