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New models and strong macros yield ‘impressive’ European growth

The traditionally sluggish month of August saw a 10% rise in sales across the EU, a welcome reversal of July's dip. By Megan Lampinen

August is holiday time in Europe, but it didn't hold back sales growth. The latest data from ACEA show a 10% year-on-year (YoY) rise in new passenger car registrations to 819,126 units. The association described the total as "impressive", particularly considering that August is normally one of the weakest volume months of the year. This total marks a solid improvement from the 1.4% dip recorded in July, which ended a 34-month growth streak.

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https://www.automotiveworld.com/articles/new-models-strong-macros-yield-impressive-european-growth/

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