|

April’s new car sales in Western Europe fell 8 per cent, suggesting on first sight that the market has finally lost the enduring display of fizz seen
in the region’s rebounding new car market for most of the past 44 months. But April’s outwardly disappointing turnout, with sales falling well short of last year’s same month levels in all but three of the 18 markets monitored by AID’s market observers, doesn’t necessarily mean that the region’s robust sales rebound has finally come to a screeching halt. The reasons why this positive trend was broken last month are all too easily spotted
April’s new car sales in Western Europe were hit by three fewer working days in many markets.
Accordingly, all but one of the region’s major markets posted declines.
While Spain saw a minor 1.1 per cent uplift in sales both Italy and France saw minor respective falls of 4.6 and 6 per cent.
The UK, the long-running regional car sales dynamo, was hardest hit.
Germany saw an 8 per cent dip in April sales, but same month sales in the UK slumped by nearly a fifth, pulled back by fewer working days and one other special
factor.
You
are just reading a summary of the full article available in the AID
Newsletter full subscription version. With a full
subscription you can download the current edition to read on any
digital device or receive the latest edition as a traditional print copy.
Or if you would like to receive a trial
edition simply send us your details.
MORE
EUROPE
ARTICLES
LIKE THIS:
|
Europe’s car sales on track for 10-year high as slowdown fails to materialise
07 Apr 2017
|
Europe’s diesel car market is continuing to crumble
02 Feb 2017
|
Diesels at the Crossroads 49.5% 2016 West European diesel share
25 Jan 2017
|