European Car Market Stops Downward Trend

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European Car Market Stops Downward Trend
European Car Market Stops Downward Trend

Video: European Car Market Stops Downward Trend

Video: European Car Market Stops Downward Trend
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The 20 month long slide was stopped in April. For the first time since September 2011, the European car market was in the black - probably thanks to additional working days.

Bright spot in the European car crisis: For the first time since September 2011, more cars were sold in Europe in one month. The European industry association ACEA announced on Friday in Brussels that new registrations rose by 1.7 percent to 1.038 million cars in comparison to the same month last year. The plus should only be due to two additional working days. In the past few months, however, the new registrations had repeatedly rushed down by a double-digit percentage.

Spanish market with double-digit growth

But the car markets were not able to overtake themselves everywhere in Europe: While Germany (plus 3.8 percent), Spain (plus 10.8 percent) and Great Britain (plus 14.8 percent) recorded clear increases, France (minus 5.8 percent) had to record clear increases Percent) and Italy (minus 10.8 percent) saw significant declines.

Among the major German manufacturers, only BMW spoiled the track record: New registrations from Munich fell by 3.7 percent. Daimler, on the other hand, was able to increase its sales by a significant 10.7 percent, and Volkswagen by 9.9 percent.

Outside of Europe, according to the German Association of the Automotive Industry (VDA), new vehicle registrations have largely increased: In the USAsales climbed 8.4 percent. China (plus 18.8 percent) and Brazil (29.6 percent) grew strongly, while Japan only achieved a meager premium of 0.7 percent. (dpa)

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