Service and business car sales grow for eight months in a row


Sales of business cars in the European Union grew considerably in July and August. The sale of delivery vans, trucks and buses has shown an increase for eight months in a row, according to the ACEA car industry association.

Year-on-year sales increased by 6.2 percent in July and a plus of 11 percent in August. In the first eight months of this year, EU sales of commercial vehicles improved by 6.5 percent to nearly 1.74 million. The strongest growth of the large European car countries was in Germany, followed by Great Britain and France.

By: Peretz M.

Peretz M. is an accomplished economist and financial journalist with a deep understanding of the global economy and financial markets. He is a regular contributor to EconomicInform, where he provides expert analysis and commentary on current economic trends and events. With a strong educational background in economics, Peretz has a talent for breaking down complex economic concepts for a general audience and is able to provide insightful perspectives on a wide range of economic issues.

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