July sees first recovery signs in Europe’s previously worst hit car markets

WESTERN EUROPE
Gloom is beginning to lift
July sees first recovery signs in Europe’s previously worst hit car markets
Published: Thu, 15 Aug 2013 17:29:00 GMT
Tweet

Kindling hope that the worst may well be over, July sales were up on a year ago in previously slump struck main markets such as Spain and France, posting respective gains of 14.9 and 0.9 per cent.

There was more good news from Germany, where July sales rose 2.1 per cent - only the second month this year that sales topped last year’s levels.

+14.9%
July car sales rise in Spain

Telling the same upbeat tale, some of the region’s hardest struck markets like Greece and Portugal also posted higher sales in July, beating last year’s corresponding sales by a respective, 12.1 and 16.1 per cent.

If ever proof of a likely recovery was needed, it is surely that Greece, the hardest-hit car market in the region, saw a 12.1 per cent rise in July sales, thus cutting its cumulative car sales deficit at the seven months stage to just 3.7 per cent. July marked Greece’s 4th successive car sales gain in a row...more

MORE LIKE THIS:

Good July car sales – despair turns to hope 15 Aug 2013

W-Europe's June car sales down just 6.2% 18 Jul 2013

Is this the dawn of a new mobility age? 01 Aug 2013

DATA AVAILABLE TO SUBSCRIBERS WITH THIS ARTICLE:

WEST EUROPEAN new CAR sales:

WEST European new car sales by country
JULY 2013 v JULY 2012
7-MONTHS 2013 v 7-MONTHS 2012

W. European new car sales by manufacturer and marque
JULY 2013 v JULY 2012
7-MONTHS 2013 v 7-MONTHS 2012

To continue reading this article, please register for a free sample without obligation...

Please note that eagleAID.com is a subscriber-only site, and as such it can only be viewed by subscribers to the newsletter.