European Car sales rose 3.6% in January
Provisional figures released by ACEA suggest that car sales in Europe rose by 3.6% in January to a new record of 1,300,504, from 1,255,456 last year. That was despite the fact that nine of the countries currently under review displayed results that were negative against last year. Although still to be confirmed, it would seem that full-year 1999 sales were a record 15.1 million, and very few expect that performance to be repeated in 2000. For our part we believe the market will fall to around 14.2 million in the current year, and will slip further to 13.9 million in 2001.
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