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WESTERN EUROPE - June car sales fall less than industry feared
The warm glow sparked by the implied improvement in underlying conditions is deceiving and not quite what it seems
Published: Wed, 18 July 2012 14:41:12 GMT
 

ALTHOUGH at first sight June car sales in Western Europe fell at a much slower pace than generally feared, offering first glimmers of hope to dispirited autoindustry members and dealers alike, the warm glow sparked by the implied improvement in underlying conditions is deceiving and not quite what it seems.

West European Passenger car sales June graph

June car sales may have fallen for the ninth month in a row, but the rate of decline - 1.7 per cent - was the second lowest of that stretch, kindling faint glimmers of hope that the very worst of the regionís entrenched downturn was finally over and that from now on the market could conceivably witness further signs of a moderating decline
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DATA AVAILABLE TO SUBSCRIBERS WITH THIS ARTICLE:

EUROPEAN new CAR sales by MARKET:
European new car sales by country June 2012 v JUNE 2011
European new car sales by country 6-Months 2012 v 6-Months 2011

WEST EUROPEAN new CAR sales by manufacturer and marque:
W. European new car sales by manufacturer and marque JUNE 2012 v JUNE 2011
W. European new car sales by manufacturer and marque 6-Mths '12 v 6-Mths '11

 

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