Saturday, November 10, 2007

Car sales up in eastern Europe


Car markets in central and eastern Europe have grown by 14.9 per cent, 325,062 units, in the third quarter of 2007 compared to the same period last year, according to new data.
JATO Dynamics has reported that year to date the market has increased by 14 per cent, 981,052 units, in the emerging markets.


“Few global car markets are expanding at the rate currently experienced in central and eastern Europe,” said Nasir Shah, global business development director at JATO.
“Clearly, the region has been a sleeping giant that has now awakened. It will be fascinating to see if this growth can continue in the coming months."

DATED: 10.11.07

FEED: MT





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