European car sales growth slows down in April - Weekly Review May 18
After eight consecutive months of growth Europe I starting to show signs of a slowdown as five markets fell back last month.
With capacity still a major problem in Europe Hyundai’s announcement of another van into the market and a looming EU/Japan trade deal is sure to add to the pressure on the European automotive sector. Recalls are back in the news as GM get hit with a maximum $35 million fine and Lexus’s swipe at EVs leaves them with a bit of a shock.
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