Car sales in Western Europe increased 8.1 percent in August, thanks to resilient need in Italy, Spain, France and Germany, forecasters LMC Automotive stated.
Western Europe sales estimations at 765,383 passenger cars, LMC Automotive stated, basing its projection on nationwide registration data and its own quotes ahead of the main sales information release by the ACEA association on September 15.
LMC stated demand had rebounded from a dip in July, when regular monthly sales fell for the first time since 2013.
“With one additional working day last month, the West European car market published a solid result in August, growing by 8.1 percent year-on-year. There were no clear negative signs,” LMC Automotive analyst Emiliano Lewis stated.
Based upon the seasonally adjusted annual selling rate (SAAR), need enhanced to an estimated 13.9 million vehicle sales, LMC stated, up from a yearly selling rate of 13.4 million cars last month.
Europe’s biggest markets all saw sales gains year-on-year.
In Germany, Europe’s largest market, August car purchases increased by 8.3 percent. Sales in Italy were up 20.1 percent while in France, they were up 6.7 percent, LMC revealed.
Demand in the UK, the region’s second largest market, was up 3.3 percent in August, data revealed.
