European new car sales up 5.8% in first half
European new car sales increased by 5.8% in first half of 2014 compared to the same period in the previous year.
Overall, 24 of the 30 countries analysed recorded year-to-date increases in volumes compared to the same period last year, including Europe's top five markets (France, Germany, the UK, Italy and Spain).
Sales growth of 4.3% in June meant year-on-year sales increased for the 10th consecutive month.
In June , Germany was the only major market to shrink (-1.9%). Elsewhere, growth ranged from 2.5% in France, 3.8% in Italy, 6.2% in the UK and 23.9% in Spain, leading to a 4.5% upturn in the region.
From January to June, growth prevailed across major markets, reaching 2.4% in Germany, 2.9% in France, 3.3% in Italy, 10.6% in the UK and 17.8% in Spain. Overall, demand for new cars was 6.5% higher in the EU than in the first semester of last year, reported ACEA.
According to Jato Dynamics, Hungarian new car sales increased by 21.6 percent in the first half of 2014 compared to the same period last year and by 25.1 percent in June compared to June 2013.
In June, 6,278 new cars were sold in Hungary, while in the first six months of 2014, 33,251 new cars were registered in the country.
