Fleet News

Sales rally despite gloomy forecast

NEW car sales in Western Europe rallied towards the end of last year to beat gloomy predictions of a collapse in demand.

The year ended with total sales of 14,390,163 million units – a drop of 2.9% compared to 2001. However, the European Automobile Manufacturers Association (ACEA), which produced the figures, said this was better than most forecasters' predictions.

Five countries announced sales increases: Denmark (+15.3%), Finland (+7%), the United Kingdom (+4.3%), Sweden (+3.2%) and Luxembourg (+1.4%).

Sales fell in all other countries, ranging from a -2.6% drop in Germany to -11.4% in Portugal.

European sales figures 2002
Country Jan-Dec 02 Jan-Dec 01 Variance
Austria 278,908 293,528 -5.0%
Belgium 467,569 488,683 -4.3%
France 2,145,073 2,254,732 -4.9%
Germany 3,253,732 3,3341,718 -2.6%
Greece 268,489 280,214 -4.2%
Ireland 156,115 164,730 -5.2%
Italy 2,270,900 2,413,455 -5.9%
Netherlands 510,744 530,231 -3.7%
Spain 1,331,878 1,425,573 -6.6%
Sweden 254,589 246,581 +3.2%
United Kingdom 2,563,631 2,458,769 +4.3%
European Union 13,998,764 14,401,877 -2.8%

Leave a comment for your chance to win £20 of John Lewis vouchers.

Every issue of Fleet News the editor picks his favourite comment from the past two weeks – get involved for your chance to appear in print and win!

Login to comment


No comments have been made yet.

Compare costs of your company cars

Looking to acquire new vehicles? Check how much they'll cost to run with our Car Running Cost calculator.

What is your BIK car tax liability?

The Fleet News car tax calculator lets you work out tax costs for both employer and employee