Europe’s H1 vehicle sales at post-crisis high

Munich, Germany – Europe’s first-half vehicle sales rose by 4.6%, defying predictions that the market would be nearly flat, and pushing monthly volumes to the highest level since June 2007, the pre-recession high point.

Every auto group except General Motors showed gains in year-over-year sales in the first six months. There are signs, however, that the European rebound that started in 2013 may be losing steam, including a 1.3% contraction in the UK, Europe’s second-largest market after Germany, which also trailed the average with 3.1% growth…

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