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EUROPE |  AID EXCLUSIVE
July sees deceptive 2.2% drop in Europe’s new car sales
Published: Mon, 15th Aug 2016 13:56:58 GMT  
 

VW car park Wolfsburg August 2016

First doubts were cast on the strength of West Europe’s car sales recovery in the second half of the year, as AID compiled figures reveal the first fall in sales after nearly three years of unbroken recovery car sales growth. Despite July’s sales dip, after seven months the cumulative car sales total already reached 8.6m, up 7 per cent over last year’s comparative total

Passenger car sales fell by 2.2 per cent in Western Europe last month.

T
his stands out as the region’s first monthly decline after 34 months of unbroken recovery growth.

But July’s minor dip in sales could easily be attributable to two fewer working days in the month than in July last year, suggesting that this may be little more than a temporary blip rather than a lasting directional change in the region’s long-running car sales renaissance
...more


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