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Jul
26th

Europe first half new car sales highest since 2008

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Stronger economic conditions, new products and continuing shifts in consumer taste have all helped maintain positive momentum in the European car market during the first half (H1) of 2016, according to JATO Dynamics analysts. Total registrations grew 9.1% year on year to 8.09m units, the highest tally since H1 2008. June saw a slow-down in month on month growth, however: 6.5% versus 15% in May. The UK saw negative growth following uncertainty caused by the EU referendum result while the SAAR was 15.5m vehicles.
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