The temperature of the European car market dropped back in August. After two months of brisk demand in June and July, the seasonally adjusted annualised rate of sales fell back to 14.1 mn units/year, close to its average for the year to date. Sales during the month were about 6% lower than last August, much of which can be accounted for by the fact that there was an extra Sunday in the month. Cumulative sales for the year to date are down 2.6% for West European cars, and 1.8% for all light vehicles in all countries in the region, including the EU applicant countries and Turkey.
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