Automotive News reports the European automotive market has posted first gain in 19 months. Germany and Spain helped push the swell thanks to higher-than-average consumer confidence, though the EU saw registrations jump two percent overall compared to the prior year. In April, buyers took home 1.08 million new vehicles, up from 1.06 million during the same month in 2012. Analysts are hoping the news is the first sign of a legitimate recovery for a region that has suffered some of the slowest auto sales in 20 years. Even so, the market continues to suffer – four-month sales are down 7 percent to 4.18 million units.

Peugeot-Citroen saw its sales fall off by 10 percent last month. Ford and General Motors both posted declines of 0.6 percent and four percent respectively, with Chevrolet suffering through a 28-percent decline last month. There were winners in the region, however. Mercedes-Benz sales increased by 13 percent while Volkswagen registrations jumped by around 9 percent. Sales were particularly strong in the United Kingdom, Spain and Germany.


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    • 1 Second Ago
  • 5 Comments
      • 1 Year Ago
      [blocked]
      gearhead18
      • 1 Year Ago
      Is that a parking garage?
      RetrogradE
      • 1 Year Ago
      What a coincidence, with the help of medication, so is my ding-dong.
      lauralouiserm
      • 1 Year Ago
      Great new for the industry - I'd be interested to see the figures for Jaguars too as I'm sure they're doing well with the price they charge for cars! I bought a used car from here (http://www.motors.coop/) earlier this year and felt that the prices were a lot more reasonable than last year (even for the brand spanking new cars) - it's definitely got to be a sign of things to come but would you really want a 13 plate and it's bad luck :/ Also that car park in the picture is ridiculously cool!