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WESTERN
EUROPE |
 Of late West Europe’s car market has been on a roller coaster ride. After eighteen months of continuously falling sales, since this year’s second quarter market observers were treated to the odd month of spirit boosting growth and hand wringing decline. A renewed dive in August sales - down 5.3 per cent - coming in the wake of a confidence boosting 4.5 per cent gain this July, adds credence to the view that this year’s West European car market has been unpredictable. Encouraging car sales gains this April, followed for good measure by a 4.4 per cent gain in July, first offered Europe’s embattled autoindustry hope that their industry’s worst sales drought for close on two decades might be nearly over. Instead, what was whispered among industry insiders at this year’s outwardly glitzy and well-attended Frankfurt Motor Show is the prospect of a renewed setback, thereby delaying the gradual rebound in West European new car sales until next year...more MORE LIKE THIS: Car market teeters between recovery and relapse 17 Sep 2013 Good July car sales – despair turns to hope 15 Aug 2013 Gloom is beginning to lift 15 Aug 2013 DATA
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