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Western Europe car sales up by 5.1pct in June 2018 - ACEA

Auto News - Published on Thu, 19 Jul 2018

Image Source: indiatimes.com
Reuters reported that car sales in Western Europe rose 5.1 percent in June and reached their highest ever level in the European Union as strong sales in Germany, France and Spain helped offset a slump in demand in Britain and Italy, industry data showed. Passenger car registrations rose to 1.62 million vehicles in the markets of the European Union (EU) and the European Free Trade Association (EFTA), the Brussels-based Association of European Carmakers (ACEA) said, up from 1.54 million a year earlier.

The ACEA figures showed that demand rose by 9.2 percent in France, 8 percent in Spain, and by 4.2 percent in Germany, Europe's largest market. By contrast, sales in the United Kingdom fell 3.5 percent and dropped by 7.3 percent in Italy.

Sales of Volkswagen branded cars rose by 16.3 percent, helping parent Volkswagen Group's market share to increase to 24.5 percent in June, compared with 23.4 percent in the year-earlier period. PSA Group's Peugeot brand saw sales rise 6.9 percent, outperforming mass market rival Fiat, which saw its vehicle sales drop 9.5 percent in the same period. Fiat's market share in EU and EFTA markets has fallen to 4.9 percent from 5.5 percent a year earlier.

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Posted By : Rabi Wangkhem on Thu, 19 Jul 2018
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