European car sales show small increase
By Andrew C., 30 Aug, 2010. 0 Comments
Car production in Europe dropped 11.4% year-on-year in July to 1,476,041 units, but it‚ actually terrific news since it‚ the smallest decline of the year to date. JD Power Automotive Forecasting, which compiled the figures, says that Ford experienced the largest production rise on last year with 22.5% rise to 102,886 units.
Contributing to this rise is the strong demand for the Ka and Fiesta, which have seen their sales boosted by the success of pan-European scrappage schemes. The Volkswagen group‚ July production was up 14.4% to 166,403 units. The foremost reason for the increase was a 131.1% boost in output for the new Polo. VW built 55,932 Polos in July, up from 24,200 during the same period last year. In the first seven months of 2009, production was down 27.9% to 8,759,370 units in western and eastern Europe, including Russia and Turkey, compared with the year before. The year's production low point was a 39.7% drop to 1,070,474 units in February.
[via autocar]
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