Data released today show European car sales rose for the 3rd straight month, marking the first quarter or positive figures. Positive figures from Volkswagen, Europe's largest automaker, and Renault boosted the overall results and compensated for losses from Fiat, Mercedes of BMW.
It's not all good news though, as the 0.9% increase registered in November is small compared to the two months before that, where sales were up in the 4 to 5%.
It seems Volkswagen as a group had what customers wanted, as the auto group posted a 3.2% increase. SEAT was up 9.4%, Skoda up 18%. But just like BMW (-7%) and Mercedes (3.1%), Audi was down 3.2%.
Growth is not the real headline here, stability is, and we'll gladly tae it over the many years of recession numbers any day. We're set for a bad 2013 sales figure, but at least we have a reason to be excited about 2014 and beyond.
It seems Volkswagen as a group had what customers wanted, as the auto group posted a 3.2% increase. SEAT was up 9.4%, Skoda up 18%. But just like BMW (-7%) and Mercedes (3.1%), Audi was down 3.2%.
Growth is not the real headline here, stability is, and we'll gladly tae it over the many years of recession numbers any day. We're set for a bad 2013 sales figure, but at least we have a reason to be excited about 2014 and beyond.