2/2/14

Reading European car market

Brussels , - Let's reading European car market. Is it positive or negative? developing or decreasing.

Once locked prolonged financial crisis , almost two decades , European car market is predicted to rise 2 percent this year . It is also marks the revival of the Blue Continent as one of the largest automotive market in the world , after China , the United States , and Japan .

Philippe Varin , Chairman of the European Automotive Industry Association ( ACEA ) , said this year's sales to grow positively , after falling in the last six years . Sales of the plant to the distribution network ( wholesale ) above 12 million units , while last year only 11.8 million units . These results are still below the best achievement of Europe , which in 2007 almost touched 16 million units .

Signs of improvement began to be seen in December 2013 . " The market was out of the lowest point . We are pleased this year to continue the transition to recovery , " beber Varin who also Boss PSA Peugeot - Citroen , Bloomberg reported on Wednesday ( 29/01/2014 ) .

Varin explained , sales in Germany and France will recover after falling 4.2 percent and 5.7 percent in the past year . UK will maintain its form after growing 10.8 percent in 2013 . Meanwhile , Spain while maintaining a positive trend , which last year rose 3.3 percent . As for Italy out of the slump after falling 7.1 percent .



Manufacturers such as Renault and Ford Motor Co. also expects a gradual recovery in Europe this year , despite the economic growth is affected markets in France , Spain , and Italy have entered the top five selling cars in Europe .

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Ford, PSA , and General Motors is a manufacturer of business restructuring in Europe by closing a number of assembly . With loads more efficiently and effectively , the results obtained by each company will be better this year .

German premium car manufacturer , Mercedes - Benz and BMW , remain the two largest in its class . Varin continued , production capacity in Europe will drop to 25 percent of capacity last year .

Association hopes local governments can issue the policy of assisting the recovery of production . One of them , the flexibility of labor acceptance or guarantee of social funds to help automotive manufacturers .