European car sales show signs of recovery

Tuesday, 19 November 2013                                                                                                                                                                                                     New car sales in Europe showed signs of continuing recovery with October sales up 4.7% to 1,004,935 units. It has been the first time since September 2011 that demand for new cars rose in two consecutive months.

compared to last year sales are still down 3.1% but in October Italy was the only country to see a decline in sales compared to Spain who saw a 34.4% increase caused by the governments scraping scheme.

Mazda was the best performing brand in October, with growth of 57.1% followed by Lexus +27.2%, Jaguar +19.4%, Toyota +16.4 and Land Rover +15.1%. Brands under pressure for the month included Alfa Romeo, -34%, Lancia Chrysler -13.3%, Honda -6.2% and Citroen -4%

Taken from Motor Trader News

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