European auto sales increase for 4th straight year

Europe Auto Sector 2018 Outlook

Europe Auto Sector 2018 Outlook

Lithuania's new auto sales grew at the fastest rate in the EU in 2017, figures from the European Automobile Manufacturers' Association (ACEA) showed on Wednesday, cites LETA/BNS.

Auto sales in Europe topped the 15-million mark for the first time in a decade in 2017, the fourth straight year of higher registrations, the association of European carmakers said Wednesday. That brings sales to the highest level since before a record-long six-year slump started in 2007.

Latvia posted a 2% annual increase to 1 6,700 and Estonia recorded an 11.

Across the European Union, new auto sales went up by 3.4% to 15.138 million, dropping by 4.9% to 1.088 million in December alone.

Mass-market carmaker PSA Peugeot Citroen expanded by a full 28 percent to over 1.8 million vehicles. Daimler's sales grew by 5 percent to 992,528 vehicles while the BMW group trailed the market with a modest 1-percent gain.

Last year, almost 80 percent of Turkey's total automotive exports were made to European Union countries amounting to $22 billion, marking a 17 percent rise year-on-year.

Notícias recomendadas

  • Rafael Benitez Picks Up Phone To Help Newcastle United's Goalkeeper Bid

    Rafael Benitez Picks Up Phone To Help Newcastle United's Goalkeeper Bid

    Staveley's PCP Capital Partners firm bid £250million for the Toon in November, well below Ashley's £350m asking price. And our bid remains on the table", she told the newspaper.
    Battlefield 1 'Apocalypse' expansion due out in February

    Battlefield 1 'Apocalypse' expansion due out in February

    The fourth expansion for Battlefield 1 will arrive in February for Premium Pass owners and will bring with it 5 new maps . DICE managed to push out nearly three full expansions for its World War 1 shooter Battlefield 1 a year ago .
    Israel apologizes to Jordan over Amman shooting incident

    Israel apologizes to Jordan over Amman shooting incident

    Jordan maintained that even if the guard had diplomatic immunity that did not mean he could not be punished. The Israeli Ambassador to Jordan, Einat Schlein, was returned to Israel as well.
  • USA Envoy In Harare On Trump's

    USA Envoy In Harare On Trump's "S***Thole" Statement

    The Ambassadors said respectful engagement with these countries is a vital part of protecting America's national interests. That meeting is due to take place on January 28-29, according to the African Union website.
    Vitória tem armas para contrariar favoritismo do Sporting, diz Paciência

    Vitória tem armas para contrariar favoritismo do Sporting, diz Paciência

    São diferentes porque têm mais impacto e esse aspeto não é indiferente para nós. A motivação dos jogadores é a triplicar.
    Aminu Celebrates As Portland Trail Blazers End Three-Game Losing Streak

    Aminu Celebrates As Portland Trail Blazers End Three-Game Losing Streak

    There's a lot of people that follow him, so, that's not really a surprise to me. "Tonight I felt nearly normal at times". The 27-year-old California native ranked eighth among Western Conference guards in the most recent fan vote update .
  • Dil Juunglee Trailer | Taapsee Pannu | Saqib Saleem | Releasing on 16th February

    Dil Juunglee Trailer | Taapsee Pannu | Saqib Saleem | Releasing on 16th February

    This was followed by a trailer launch held in Mumbai , where the entire cast of the film was present. He said, "I think we are very fortunate to have a solo release, there is no clash with any film".
    Prasa, stakeholders look to solve Cape central line saga

    Prasa, stakeholders look to solve Cape central line saga

    Metrorail's regional manager Richard Walker said vanadalism played a part in the derailment of the testing train. Metrorail said technicians were on site to re-rail the carriages and fix the track.
    Sorbara off Wynne's campaign team after high-level departures

    Sorbara off Wynne's campaign team after high-level departures

    Sorbara is a personal friend of the premier and served as campaign director for the Ontario Liberal Party. Sources told CTV News that the team members left because Sorbara's style didn't fit with their own.
  • Sirius XM (SIRI) Lowered to Market Perform at Barrington Research

    Virtus Invest Advisers Inc invested 0.08% of its portfolio in Fiserv, Inc. (NASDAQ:MDLZ). 343,374 were accumulated by Fjarde Ap. Sarbit Advisory Services Inc sold 3.61 million shares as the company's stock declined 0.61% while stock markets rallied.

    Washington state adds more than 6000 jobs in December

    Washington is celebrating a new unemployment record after revised figures show November had a lower rate than initially thought. Nationally, the unemployment rate was 4.1 percent, unchanged from November, and down from 4.7 percent for the year.
    Adani Power posts Rs 792 cr net in Q3

    Adani Power posts Rs 792 cr net in Q3

    While container volumes grew by 29per cent, coal volumes grew by 13 per cent and crude volumes grew by 10 per cent, it said. In agro storage business, the company has operationalised storage facility with capacity of 25K MT at Kotkapura.

We are pleased to provide this opportunity to share information, experiences and observations about what's in the news.
Some of the comments may be reprinted elsewhere in the site or in the newspaper.
Thank you for taking the time to offer your thoughts.