Car market of Europe demonstrated stronth growth in January, 2017
In the first month of 2017 in the European Union as well as Switzerland, Norway and Iceland 1.203.958 new passenger cars were sold, according to the European Automobile Manufacturers Association. This result is 10% higher than the result in January 2016.
Thus, the continent’s market continues to grow steadily and in serious pace. Slight decline in sales was noticed only in Ireland (-1.8%) and Slovakia (-1.2%). Sales in the rest of the EU countries’ markets in January increased, and in many of them grew significantly.
Germany is still the leader of the car market in Europe in January, 2017. 241.399 cars were sold there (+ 10.5%).
Next the United Kingdom (174.564 units + 2.9%), Italy (171.556 units + 10.1%) and France (153.046 units, + 10.6%) follow.
Spain (84.515 units, + 10.7%) is the last in the TOP-5 of European leaders.
Let’s pay attention to two things. Firstly, Italy for the first time in many years became the third on the continent. Secondly, figures of market growth. Except for the UK, they are all more than 10 percent.