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New car sales in Europe fell in 2013

Last year wasn’t a great one for the car industry thanks to the world recession. The international sales slump was experienced in European dealerships during 2013 but thankfully for the car industry the European Union only experienced a 1.7% drop during 2013. The European Automobile Manufacturers' Association (ACEA) has released new car sales figures that shows 11.8 million sales across the continent, which is 200,000 less than 2012. The decline in sales of 1.7% is far less than the drop experienced in 2012. During that year sales fell by 8.2% over the previous year which was the car industry’s worse drop in 18 years.

The biggest reason for the drop has to be the poor sales in Italy and France. The Italian car industry experienced a 7.1% drop last year and the French market experienced a 5.7% loss in sales. French manufacturer PSA Peugeot Citroen saw their sales drop 8.4%, but Renault’s sales were only 4.4% less than the previous year. Italian firm Fiat, which was taken over recently by Chrysler, experienced a 7.1% fall in sales in their domestic market. Other European markets that suffered include Germany, who despite being the EU’s strongest economy, lost 4.2% of their sales.

For the UK, 2013 was a good year for car sales as the market rose by 10.8%. A strong performance by the Jaguar and Land Rover brands, which are now under Tata’s ownership, helped those numbers. The luxury car brands, who have plants in Merseyside and the West Midlands, reported combined sales of 425,000 across the globe.

Japanese brand Mazda also performed well according to the ACEA report. Their sales increased by 16.1% in the EU. GM also saw their profits increase in 2013 as the world’s second biggest car maker sold 9.71 million units. Sales of GM products increased by 11% in the UK but overall they posted a 4% improvement in sales across the world.

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