European car sales strong in June (but don't cheer too loudly)
The European car market turned in a strong overall result in June, with the seasonally adjusted annualised running rate (SAAR) turning out at a highly respectable 14.7 million units. However, that apparent good cheer needs to be seen in the context of another mixed picture in terms of sales by country. The buoyant UK and Spanish markets contrasted somewhat with a poor sales month in Germany and further evidence of weak demand in Italy. This report is from JD Power-LMC.
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