Europe’s car market is slowly swirling down the drain. Sales in May were down by 8.7 percent. Five months into the year, the market is down 7.7 percent.
Europe’s best-selling cars are impacted disproportionately. Eight out of ten suffered double-digit percentage losses. Only one car managed a slight increase in May. (Read More…)
Yesterday, we brought you the bad news about European auto sales in April. You are a gearhead, you don’t care about market share and percentiles, you care about cars! Here is how cars fared in Europe in April. Are you safely buckled-up? (Read More…)
As my revered colleagues at China Car Times rightly remark, “March is the first full month of car sales after the Chinese New Year where the majority of dealerships are closed for around two weeks, thus stunting growth of that month, but March is always a very busy month with many customers flush with cash after the New Year.” That’s why everybody who knows the Chinese car industry has a sharp eye on the March numbers. And that’s why everybody gasped when total vehicle sales in China climbed 55.79 percent from March a year earlier. Something else happened. A revolution. (Read More…)