December brought a strong finish to the year for Western Europe’s car market with sales in the month up 11.8% on 2012’s pace, according to data issued by LMC Automotive.

For the year as a whole, car sales in the region fell back by 1.9% to stand at just over 11.5m units.

The market finished the year strongly as the annualised selling rate climbed to 12.3m units a year, only the second time in 2013 that the selling rate has been above 12m units a year.

However, while all major markets were up in year-on-year terms in December (many on a very depleted comparison base), the strong selling rate was boosted mainly by the results in the UK and the Netherlands.

The UK car market was by far the best performer in terms of volume growth in 2013. The UK finished the year with a flourish, up 23.8% in December with both private and fleet sales doing well. The UK market was the only major market to see significant growth last year, helped by low interest rates, windfalls from PPI mis-selling settlements and a general pick up in economic activity.

Spanish sales were also higher in 2013, though assistance came from scrappage incentives. At 720,000 units it is still very low by international standards.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

The French and Italian car markets both slipped back in 2013

While up 5.4% year-on-year in December, the German car market’s selling rate looked a little disappointing once again, ensuring that the market fell short of the 3m mark for 2013, overall sales down 4.2% on 2012.

The generally positive evolution of selling rates over 2013 bodes well for growth in 2014, LMC said. However, the forecast analysts remained cautious that any major improvement will take place in 2014, forecasting modest car market growth of 2-3%.