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Europe car sales speed up after six years of decline

2015-01-21 07:30:20| Auto Dealers - Topix.net

New car sales in Europe rose by nearly six percent in 2014, ending a long slump in activity that began in 2007, but analysts warn the sector has not yet turned the corner in the region. The European Automobile Manufacturer's Association said last week that 2014 new car sales grew by 5.7 percent, but noted current volumes of activity remain significantly lower than they were before the global financial crisis that drove the sector into six years of decline.

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Category:Automotive

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