Europe – 25 months of growth but still short of pre-crisis levels

Europe's car market remains on a solid upward swing, with September figures marking the 25th consecutive month of growth for the industry. Figures from the European Automobile Manufacturers Association (ACEA) show a 9.8% year-on-year rise across the EU to 1,356,868 units. All of the major markets reported increased demand, with the agency pointing specifically to the benefits of government scrappage incentives and economic recovery in Southern Europe.