European new car sales up 5.8 percent in first half of 2014

Seems like ‘achhe din’ are coming up for the European auto industry this year. Latest sales data, revealed by global automotive intelligence provider JATO Dynamics, indicates that in CY 2014 the European new car market has had a strong first half (H1), posting 5.8 percent growth in the January to June period. And sales growth of 4.3 percent in June means that year-on-year sales increased for the 10th consecutive month.

Some of the key findings are:

- Great Britain has posted the biggest year-to-date increase in units sold – over    120,000 more than H1 2013, a 10.6 ...