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 H1 CAR SALES  | WESTERN EUROPE
June Car Market | Burst of hot June sunshine, but cooler car sales on horizon
Published: Wed, 04th July 2018 16:05:52 GMT  
 

Q2 W.Europe car sales analysis AID

For the vast majority of new car markets in Western Europe, June’s new car sales mirrored June’s high summer temperatures accompanied by near uninterrupted wall to wall sunshine. With less than a handful of yet undeclared regional markets, including the major UK market, June’s new car sales in Western Europe comfortably exceeded last year’s turnout. For all of Western Europe AID estimates a 4.5 per cent rise in June sales to a provisional 1.48m sales. June’s renewed sales gain brings the region’s half-year car sales total to an estimated 7.9m, up just 1.9 per cent over last year’s total

Without exception, all the bellwether markets such as Germany, France and Spain saw higher June sales, resulting in turn in half-year gains of 2.9, 4.7 and 10.1 per cent. 

According to AID’s provisional car sales estimates, June’s turnout was largely unaffected by the number of working days. 

In consequence, June reflects a more realistic measure of true underlying consumer demand across Western Europe.

With the sole exception of Denmark, which saw a 6.3 per cent drop in this year’s June sales, all the remaining markets on the northern fringe of Western Europe saw higher June sales. 

That includes Sweden’s whopping 72.8 per cent June car sales jump. 

That’s chiefly because hordes of calculating Swedish new car buyers bought their new cars ahead of the July 1 start of much higher annual vehicle taxes.


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