Dead cat bounce in European car market: Read why the long term trend in Europe is still down, and what can be done about it

It helps to keep things in perspective

It helps to keep things in perspective

EU passenger car sales were up 13.3 percent in December, a data point that is already being celebrated as the big European turn-around. Not so fast, says the European manufacturers association ACEA, which supplies the numbers. One good month doesn’t make the year less miserable than it was. Sadly, there will be a whole lot of more misery.
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