West European passenger car recovery back on steam - AID compiled September data reveals

WESTERN EUROPE
West European passenger car recovery back on steam
Healthy 5.7% rise in September car sales eases fears of slowing European car sales recovery

Published: Wed, 08 Oct 2014 18:08:15 GMT
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AID compiled data reveals that September registrations of new cars in Western Europe rose 5.7 per cent, reassuring carmakers, dealers and their suppliers that the region’s underlying car sales recovery is still under way and that the distinct sudden slowing in sales pace in August was little more than a blip

After just one month of a notable slowing in recovery growth, due chiefly to one fewer working day, West Europe’s new car sales resumed their upward path in September with a notably healthier looking 5.7 per cent gain to 1.2 million sales.

+5.1%
Sales growth during Q1-Q3 compared to the same period in the previous year

That’s the positive message from AID’s provisional car sales data for September, showing that sales for the nine months to September, following thirteen months of unbroken recovery growth are 5.1 per cent up on last year.

September’s return to a markedly faster than feared rise in advance brings West Europe’s cumulative car sales total to 9.2m passenger cars

On an annualised basis, AID’s forecasters calculated that sales in Western Europe last month were running at a rate of just 12.1m cars, still 2.7m short of the 14.8m cars sold in Western Europe in pre-crisis 2007...more

MORE LIKE THIS:

> Volkswagen steps up European car sales drive 12 September 2014

> French August car sales shrink to lowest level in decades 25 September 2014

> Is Europe’s car sales recovery screeching to a halt? 09 September 2014

DATA AVAILABLE TO SUBSCRIBERS WITH THIS ARTICLE:

EUROPEAN new CAR sales:

by country
SEPTEMBER 2014 V SEPTEMBER 2013
9-MOnths 2014 v 9-Months 2013

WEST EUROPEAN new CAR sales:

by manufacturer and marque
SEPTEMBER 2014 V SEPTEMBER 2013
9-MOnths 2014 v 9-Months 2013

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+5.1% Sales growth during Q1-Q3 compared to the same period in the previous year

+5.1%
Sales growth during Q1-Q3 compared to the same period in the previous year