17.09.2009 European new cars sale continue recovery The ‘Big 5' European car markets of Germany, France, Italy, Great Britain and Spain all sold more cars in August 2009 than they did in the same month last year, according to JATO Dynamcis. Of those five markets, Spain is the last to eventually demonstrate a month of growth in 2009, with a marginal 0.7 per cent improvement over August 2008. "We are not by any means seeing a complete market recovery, but with the five biggest markets now all heading in the right direction, we can certainly feel very encouraged", says David Di Girolamo, Head of JATO Consult. "The holiday period during August always sees lower volumes sold, but at least the August figures continue the European trend towards improved sales, and although the overall year-to-date figure remains down by 7.3 per cent, we have seen a 1.2 per ent improvement over July." Back
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