New Car Sales Up 13.8% In Western Europe Last Month

A total of 1,007,994 new vehicles were delivered in Western European markets in February, up nearly 14 percent over the previous year.

According to data released by LMC, the biggest Germany remains Europe’s biggest market, with 250,302 new cars were sold last month, up 12.1 percent compared to last February, followed by Italy, which marked its 21st consecutive month of growth, with 172,241 vehicles, 27.3 percent.

France followed closely as sales rose by 13.0 percent to 166,739 units, with Spain coming in fourth at 97,650 vehicles delivered last month, a 12.6 percent increase. In the United Kingdom, automakers sold 83,395 new cars, up 8.4 percent. Many smaller markets turned in good sales performances, like Ireland (+37.1%), Luxembourg (+ 29.6%), Portugal (+26.0%), Denmark (+22.2% ) and Finland (+20.9%).

The only two markets where new car sales plunged in February were the Netherlands at -15.1 percent, and Greece at -9.3 percent.

The market is coming back from a long downturn, underlying demand being driven up by improving economic conditions. However, the overall economic picture in the region carries some downside risks – both in relation to the global economy and developments within the region – and that leads us to exercise a little caution on the full year outlook“, said Jonathon Poskitt, LMC analyst.

The full-year forecast of Western European car sales indicate a total of 13.88 million vehicles, up 5.3 percent compared to last year, when 13.19 million units were delivered. If the forecast turns out to be accurate, then 2016 would mark the third consecutive year of growth across markets in Western Europe.

PHOTO GALLERY

Aston Martin’s DBX SUV Filmed Around The Nurburgring Making Loud V8 Noises

The DBX SUV is expected to use an AMG V8 with 503 hp.

This Low-Mileage 1994 Mazda RX-7 Is On Track To Sell For Over $100k

A 1994 Mazda RX-7 with all of its stock parts and dark blue paint is a collector’s dream.

774 HP DMS-Tuned BMW M5 Takes On 616 HP Competition Model

The BMW M5 Competition matched the DMS-tuned model’s acceleration off the line.

PSA Group May Shift Next-Gen Opel Astra Production From UK To Germany

The UK plant might cede a significant part of Astra production to Opel’s main plant in Rüsselsheim.

New Hobbs & Shaw Trailer Is Action-Packed And Filled With Cars

Dwayne Johnson and Jason Statham’s characters will do battle with Idris Elba in Hobbs & Show.

Sono To Build Sion Solar Car At Former Saab Plant In Sweden

German startup Sono will begin production on the solar-powered Sion hatchback next year.

Stock Toyota Yaris GRMN Is More Than Happy To Tackle The ‘Ring

Watch the Yaris GRMN lap the Nordschleife in under 9 minutes in a non-factory backed run.

Audi Allegedly Reducing E-Tron Production Goals Due To Battery Shortage

An insider claims there are “tons of problems” with battery supplier LG, which also delayed the launch of the e-tron Sportback.

Daimler May End Renault-Nissan Partnership, Cut 10,000 Jobs To Reduce Costs

These measures could be implemented as Daimler is looking for $6.75 billion in cost savings at Mercedes-Benz by 2021.

Jaguar Confirms It Is Working On New, Bespoke Electric Vehicles

Jaguar’s chief designer stated that their upcoming battery electrics will be built from the ground up as EVs.