69
News & Reviews
Last 7 Days

Cracking start to 2017 for Euro car sales

Cracking start to 2017 for Euro car sales

9.4% increase in car/SUV sales across Europe in January…

The car industry is enjoying a strong resurgence in Europe with sales data showing 1.2 million new vehicles were delivered in the month across 29 nations.

That figure represents a solid 9.4% increase on the same month last year and the second highest car sales result for January in a decade.

All of Europe’s largest five markets posted an increase in registrations, with Germany experiencing the highest increase of 10.5%.

France came in second, posting a healthy increase of 10.4%.

Top-Selling Vehicle Brands in Europe in January 2017:

Top-Selling Vehicles in Europe in January 2017:

Cracking start to 2017 for Euro car salesFelipe Munoz, Global Automotive Analyst at JATO Dynamics, tells us the January results could be a sign of a particularly strong 2017.

“The results show the boom of 2016 has continued into 2017.

“Increased incentives and stronger promotions are pushing consumers to purchase now, whilst in Germany lower interest rates are beginning to take effect.

“A range of economic and socio-political factors are benefiting the automotive industry and it will be interesting to see if the sector can improve upon the strong results of 2016.”

Also from behindthewheel.com.au...




About Joel Helmes 3907 Articles

Joel is the founder and CEO of Behind the Wheel. Joel has a background as a radio broadcaster with on-air roles at 4BC, 4KQ, 2KY, 2LT and 2UE amongst others, as well as a news editor and program director.

Joel’s relationship with cars stems back to his early childhood learning to change oil and brakes with his father and uncle. This continued on into his driving years owning an assorted collection of cars.

Be the first to comment

Leave a Reply

Your email address will not be published.


*