Growing sales in Italy, Spain, Poland, France and, to some extent, Germany and France put Europe’s new car market back on track. Germany was top, with 3,432,928 cars sold. SUVs became the biggestselling segment in 23 of 29 Western European markets, according to JATO, largely at the expense of MPVs, which lost 11% of market share.
“Most of Europe is enjoying economic stability, which improves consumer confidence,” says Munoz. Even sales in Greece, where the economy was wrecked by the debt crisis, improved by 15%.
But there are some warning signs for 2018: Italian sales last year are suspected of being boosted by self-registrations.
GERMANY
+2.4%
UK
–5.7%
FRANCE
+4.5%
ITALY
+6.7%
RUSSIA
+11.8%
SPAIN
+7.7%…
