European car sales have increased

Posted on Tuesday, 21 May 2013 , 06:05:29 byEmil

Filed under bmwvolkswagendaimpler-agaudifordsalesEuropeanAudiBMWVolkswagenDaimler

European car sales have increased

We finally have good news in terms of European sales. For the first time in 19 months, these have risen especially because of growths registered in Germany, Spain and also in the UK. Last month registrations have increased by 1.8 % to 1.08 million vehicles up from 1.06 million cars in 2012. These are data collected from the Association of European Manufacturers. For the first four months of the year, sales have decreased with 7 %, to 4.8 million vehicles. These data indicate that the European auto market is at a two-decade low with the growth from April. The executives of the industry forecast a drop of around 5 % for this year because the euro zone is in recession. Thanks to the confidence of the customers, car sales in Germany have increased by 3.8 % last month after 5 months of drop. In Spain registrations have also increased by 11 % and 15 % in the UK. France and Italy that are also big markets have also dropped by 5.3 % and 11 % respectively. The figures offered by the Association of European Manufacturers include registrations in all 27 European countries as well as Switzerland, Norway and Iceland. This long-expected growth comes after sales in the region have dropped 8.7 % at the beginning of the year in January and 10 % in February and March. Daimler AG posted the biggest sales increase, 11 % to be more precise as demand increased for the A- and B-Class compact vehicles. Mercedes-Benz has registered 15 % increases. Volkswagen registrations have increased by 9.7 % and Audi registrations by 8.9 %. French carmaker Renault has also increased by 5 % in April helped by the 28 % increase of the Dacia. Ford lost 0.6 % and BMW lost 2.9 % in Europe.


European car sales have increased image European car sales have increased image