The European new car market recorded a massive 30% growth in August 2018.
Felipe Munoz, JATO’s Global Analyst explains why below;
“As we anticipated last month, it’s clear that registrations were boosted in August by car makers rushing to register their vehicles before the introduction of WLTP. These results show how artificial registrations can be, and how easily they can be manipulated by external factors. The evidence of the WLTP effect shows how ill prepared car makers were, and it will be interesting to see how car makers continue to respond to WLTP in the coming months.
Figures from JATO.