Car Trends + [UK]

The European car market will not suffer from crisis

Car rich manIn 2009 in the Western Europe it will be sold 13,33 million new cars, that on 1,7% it is less, than year before (13,56 million cars).

Such forecast as writes Automotive News Europe, contains in research J.D. Power Automotive Forecasting which is based on data on sales for first six months of current year.

As experts, in June, for the first time for 12 months notice, in the Western Europe growth of sales — on 4,1% is noticed. Demand has increased in Germany (more than by 40%), in France (7%) and Italy (12%). Besides, in Spain and the Great Britain sales of new cars in June yet do not hold out to level of last year, however demand falling in comparison with May in these countries was slowed down almost twice.

Germany becomes the largest European market following the results of a year 2009 — it is supposed, that here will be sold about four millions cars that becomes a new record for a German car market.

However some experts consider, that in 2010 the situation can cardinally change — by this time in the majority of the European countries action of the governmental grants for purchase of new cars will end.
"We consider what to keep demand at present level in this case it will be impossible. Cancellation of privileges will cause negative consequences for all market", — is spoken in official statement J.D. Power.

As it was informed earlier, the tendency of the governmental programs, providing payments of bonuses was outlined in the majority of the large European countries at the rate from 1000 to 5000 euros (depending on the country and conditions) for delivery of the old car in breakage and purchase of the new. Thanking these schemes, demand for new cars in Germany, for example, grows the third month successively.