Europe new-car sales rise 11 in August on SUV demand

FRANKFURT (Bloomberg) -- European new-auto sales increased 11 percent in August, the 2nd-biggest increase in 2013, as increasing economic trust improved sales of sport utility vehicles from Renault, Citroen, BMW and Mercedes Benz.
Enrollments soared to 781,676 autos last month from 701,251 a year before, business association ACEA stated in a statement nowadays.
8-month sales rose 8.6% to 9.38 million automobiles. That contained increase of 9.5% in July.
European revenue of Renault Group's principal brand rose twenty per cent in August, aided by the debut of the Kadjar compact SUV and continuing impetus from its smaller Captur crossover.
Rival PSA/Peugeot Citroen posted a sales increase of 9.2% in the area, as the C 4 Cactus helped propel A - 14% leap at the Citroen marque.
BMW Team company-wide European deliveries increased 21 percent, using the key namesake manufacturer publishing a 17% boost and desire in the Miniature component, which has revived its line, soaring 37 percent. BMW manufacturer is enticing clients using the coupe-like X 4 and X6 SUVs, and is presenting the most recent variant of the X-1, its lowest offering in the section, at the Frankfurt auto-show this week.
Mercedes, that might overtake Audi as the planet 's second-largest luxury car manufacturer in 2013, sold 19% more automobiles as its GLA compact SUV wins new clients.
Vw reported a 5.7 percent revenue increase in the area last month, with jumps of 3 4% at the Porsche manufacturer, 12-percent at the massmarket Skoda office and 8.2% at Audi.
Ford sold 8.3% more autos in Europe, while General Motors Co.'s Opel and Vauxhall brands posted A - 15% leap, aided by the Mokka sub-compact SUV.
Bright spot
Europe is a rare bright spot for auto makers as depressions in once-hot markets like China, Russia and Brazil are set-to sap international increase in 2013. Volkswagen predictions that worldwide car industry revenue will likely be flat at 75 million automobiles in 2015, CEO Martin Winterkorn said in a interview with Bloomberg Tv. He anticipates emergent markets to bounce-back in the course of time.
A European Commission index of exec and customer self-confidence in the nations utilizing the euro increased in August into a four-year large adhering to a decline in joblessness a month before.
ACEA reports amounts in the European Union nations, excluding Malta, together with Switzerland, Norway and Iceland.
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14.09.2015
ID:2851

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