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WESTERN EUROPE
West Europeís May car sales grow at slowest pace in 18 months

Published: Thu, 11 June 2015 11:32:08 GMT
Updated: Tue, 16 June 2015 11:40:19 GMT

Western Europe May new passenger car registrations 2015

Good news is that May saw the 21st successive rise in West European car sales. The not-so-good news is that last month the market barely grew at all. AIDís non rose-tinted view is that Mayís abrupt slowing in the marketís rate of advance to a mere 0.9 per cent could easily be attributable to two fewer working days in the month than in May last year

Acea figures reveal that sales of cars in Western Europe in May rose by only 0.9 per cent to 1.07 million compared with 1.06 million the year before - the slowest monthly rate of growth in almost two years. 

The latest small rise brings the cumulative car sales total to 5.6m after 5-months, up 6.8 per cent against the corresponding period last year, according to Acea figures.

+0.9%
Rise in Western Europe passenger car sales in May 


Far from fanning likely fears of an abrupt slowing in the regionís car sales recovery during the second half, AIDís market observers believe this may be little more than a temporary check, rather than a fundamental shift. 

The autoindustry and market observers alike, shocked by Mayís sharp slowing in car sales growth, this month will be warily watching the current state of demand
...more


MORE LIKE THIS:

> Europeís car market remains on course for sunnier climes  11 May 2015


> PSA hits rock bottom  22 April 2015


> All is not lost for Europeís long-squeezed volume carmakers  13 April 2015


DATA AVAILABLE TO SUBSCRIBERS WITH THIS ARTICLE:

EUROPEAN new CAR sales:
by country
MAY 2015 V May 2014
5-MOnths 2015 v 5-Months 2014


WEST EUROPEAN new CAR sales:
by manufacturer and marque
MAY 2015 V May 2014
5-MOnths 2015 v 5-Months 2014


 

 

 

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