The European economic crisis caused a drop in July’s auto sales of 8.2%.
More and more customers begin to stay away from showrooms due to the economic crisis in Europe, which cause a fall in July’s auto sales of 8.2% to 970,271 units. From Europe’s five biggest markets, only the UK reported new car sales up 9.3%, compared with Germany down 5%, France down 7%, Italy down 22% and Spain down 26%.
In July the Peugeot 208 was on the 5th place as the best-selling car in Europe, with 17,986 units sold. The 208 subcompact reached the European market in June and it is the successor of the 207 model, which was the best-selling car in Europe 5 years ago. Although sales of the Volkswagen Golf compact fell 16.7% from July 2011, the model remained Europe’s top-seller. The 2nd and 3rd places were taken by the VW Polo and Ford Fiesta.
“The Peugeot 208’s sales demonstrate once again how a new product can drive demand,” said Gareth Hession, JATO’s head of research, in a statement.
|Europe’s Top 10 Best-Selling Models in July 2012|