Europe in June: Passenger vehicle market tiptoeing out of the hole

Picture courtesy

The EU passenger vehicle market continues its very slow crawl out of a very deep hole it dug last year. In June, registrations were up by 4.5 percent to 1,189,143 units, which, according Europe’s manufacturer organization ACEA “ is the second lowest level reached in a month of June since ACEA began the series in 2003 with the enlarged EU.” For the first six months of the year, passenger car registrations are up 6.5 percent over the first half of last year to 6,622,996 units. [Continue Reading]

Japanese car sales, June 2014: The crash that wasn’t

kopen - picture courtesy Bertel Schmitt
Japanese automakers are wiping sweat off their foreheads. Not just because summer is back with a vengeance. Japan’s auto sales in June were up a tiny bit, much to the surprise of everybody.

Summer brought an even bigger surprise.

[Continue Reading]