Wednesday, March 19, 2008
Car sales increase in Europe
The European car market increased by 8.4% (90,005 units) in February 2008 compared to the same month last year, to a total volume of 1,163,035 units. Year-to-date, the market increased by 3.6% (84,324 units) to a total of 2,451,321 units.
A report from JATO Dynamics shows significant growth in February's registrations in Germany, France, Lithuania, Latvia, Estonia, Belgium, the Czech Republic, Finland, Greece, Slovakia, Slovenia and the Netherlands.
However Denmark, Great Britain, Ireland and Italy recorded declining car markets.
“Considering the stress placed upon the global economy in recent months, the car market so far this year appears to be very robust,” said Nasir Shah, global business development director at JATO Dynamics.
DATED: 19.03.08
FEED: AM
A report from JATO Dynamics shows significant growth in February's registrations in Germany, France, Lithuania, Latvia, Estonia, Belgium, the Czech Republic, Finland, Greece, Slovakia, Slovenia and the Netherlands.
However Denmark, Great Britain, Ireland and Italy recorded declining car markets.
“Considering the stress placed upon the global economy in recent months, the car market so far this year appears to be very robust,” said Nasir Shah, global business development director at JATO Dynamics.
DATED: 19.03.08
FEED: AM