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EUROPE |  AID EXCLUSIVE       
Europe’s car sales on track for 10-year high as slowdown fails to materialise
Published: Fri, 07th Apr 2017 11:39:07 GMT  
 

West Europe Q1 passenger car registrations history

March was a firecracker month for West Europe’s new car sales: a bumper 1.8m cars were sold, 10.2 per cent more than during the same month last year, according to AID’s provisional sales estimates. However, that’s about as good as it gets, chiefly because March was buoyed by special factors such as two extra working days in a number of European markets

The adrenaline high of this year’s first quarter car sales bounce, boosting first quarter sales by 7.4 per cent, will likely wither as the current year unfolds.

AID forecasts 2017 W.European registrations to top 14m, first time since 2017

Nevertheless, even allowing for a notable slowing in the markets’ pulse rate as the current year unfolds, AID forecasters still believe that this year’s West European car market will still sweep past the 14 million threshold for the first time since 2007...

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