Cars, Machinery

Automotive market of Europe is growing

Mercedes-Benz - leader of premium segment in Europe. Photo: Daimler AG

Automotive market of Europe is growingSales of new passenger cars and light commercial vehicles in Europe, including Eastern, amounted to 19.5 million vehicles in 2016 year, 4.9% more than in 2015. European (EU+EFTA) segment of passenger cars grow up to 14.9 million units (+5.2%), of light commercial vehicles up to 2 million vehicles (+11.1%).

The best selling brands are: Volkswagen – 2`221`749 vehicles (+0.6%), Renault – 1`615`524 (+10%), Ford – 1`461`782 (+2%). Russian Lada with sales of 274`903 units (-0.3%) took 19th place in the rating.

It should be noted that TOP10 also includes premium brands: Mercedes-Benz – 6th place (1.1 million untis, +11.1%), BMW – 8th place (878’450 units, +8.7%), Audi – 9th place (878’347 units, +7.5%).

Sources: focus2move.com