European car sales cooled in January, as expected
After the strong incentive driven end to 2004, especially in Germany, the European car market was always expected to be weak in January. The seasonally adjusted annualised sales rate (SAAR) duly declined to 13.9 million units after hitting a bumper 16.5 million-unit level in December. But JD Power-LMC says that the recovery from January's market 'payback' could appear as early as February, although the prognosis for the year remains for an essentially flat European car market.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-auto gives its paid members access to the very best automotive market coverage.
And now there’s just-auto plus, our premium membership that gives you exclusive component forecast data, company profiles and extended news coverage - just for premium members.
Today I can offer you 30 days access for $1 - and that includes just-auto plus.
Dave Leggett, editor of just-auto
* plus VAT if applicable