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 Fears of a slowing car sales recovery in Western Europe, sparked by a paltry 1 per cent advance in November, have proved to be overly pessimistic. AID compiled figures show that December’s healthier-looking 4.2 per cent rise to almost 919,000 sales was broad based. December’s new car sales were up in a dozen of West Europe’s 18 markets, paced by marked gains in four of the regions five main markets. France, with a 6.8 per cent drop in December, stands out as the main laggard in the pack of major markets To the relief of Europe’s still anxious volume carmakers and importers, November’s near unchanged sales gave way to a notably healthier looking 4.2 per cent rise in December sales, resulting in a 4.8 per cent uplift in full year sales to 12.1 million units. Despite a better than earlier feared car sales year, the not so good news is that the region’s recession battered car market still trails sales in pre-crisis 2007 by close on 2.7 million units, according to AID figures. Pouring buckets of cold water on isolated flickers of optimism, today’s consensus expectation in auto analyst circles is that it will still take the best part of this decade to get back to the 14 million plus annual car sales last seen in the early to mid 2000s. The car sales recovery in Western Europe, which first began in September 2013, and has now seen 15 successive months of unbroken growth, gained added momentum last month, according to AID’s provisional car sales numbers...more > West Europe’s car sales train regains momentum in October 11 November 2014 > West European passenger car recovery back on steam 08 October 2014
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DECEMBER 2014 V DECEMBER 2013 12-MOnths 2014 v 12-Months 2013 WEST EUROPEAN new CAR sales: by manufacturer and marque DECEMBER 2014 V DECEMBER 2013 12-MOnths 2014 v 12-Months 2013 |
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