Nine months West
European car sales growth of 7.1 per cent means total sales to date are
just 5.3 per cent short of the comparative sales last seen in pre-crisis
2007, the regionís most recent previous peak sales year
All losing streaks come to an end.
AIDís market observers, after scrutinising latest upbeat car sales
trends in Western Europe, believe the most severe recession in the
European car market since the second world war may finally be over.
The severe decline in new car sales, which began in 2008 and has not
reached a turning point until 2014, gave way to a slow but steady and
near unbroken sales recovery which saw sales rise in 36 of the past 37
Hard evidence that West Europeís car market may be about to return to
the car sales levels last seen in pre-crisis 2007 comes from latest
Acea compiled car sales
A 6.5 per cent rise in September new car sales, the eighth gain in nine
month, brings West Europeís cumulative car sales total to 10.75m after
9-months, up 7.1 per cent over last yearís comparative total.
If that werenít enough to trigger yet another rare smile from Europeís
hard-nosed motor barons, the latest in a string of cheerful data, under
closer scrutiny, reveals one gleaming nugget of good news:
Europeís new car market is almost back to the Ďnormalí sales
levels last seen in pre-crisis 2007.
That, at least, is AID's familiar non rose-tinted view of
genuinely upbeat recent developments in Europeís closely watched
Europeís September car sales stronger than feared 11 Oct 2016
Rise in August car sales eases fears of autumn car sales chill
12 Sep 2016
July sees deceptive 2.2% drop in Europeís new car sales
15 Aug 2016