European Car Sales Head for Flat Year Despite November Boost
- Vehicle registrations rose 4.5% last month in the region
- November sales rise benefitted from low comparison in 2018
This article is for subscribers only.
European car sales rose 4.5% in November, the third straight monthly gain for automakers that have been battered all year by economic woes, trade wars and a broader industry slowdown.
The monthly rise wasn’t enough to turn the year around so far, with cumulative sales since January still down 0.3%, the European Automobile Manufacturers Association said in a statement Tuesday. Four of the region’s five biggest markets registered a drop since the start of the year.