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West Europe’s seemingly inexorable march towards the 14m annual car sales level, the highest annual car sales level since pre-crisis 2007, may have stumbled in October, but if AID’s provisional sales figures for November are any guide, the market regained at least some of its formerly witnessed upward momentum.
Despite the likelihood of some heat loss in the current month, thanks to one fewer working day, the sustained car sales recovery seen in the region during these past three or so years, with sales growing in 37 out of the past 39 months, this year’s car sales turnout will be the best since pre-crisis 2007.
Continuing a near unbroken upward march, November’s West European new car sales rose 4.6 per cent to 1.08m units, with improved sales in all of the region’s major markets.
With a near 20 per cent plunge in last month’s sales, the Netherlands stands out as the only notable blot on the landscape.
But even that wasn’t a setback chiefly because it compares to unusually high sales in November last year, sparked essentially by a last minute PHEV buying boom from tax-savvy Dutch buyers ahead of last year’s December 31 deadline,
AID compiled statistic reveal...more
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