Europe Car Gross sales Relatively Undented By VW Scandal

Central and Eastern Europe had booming sales, with Romania a rise of 86.four{a8eb6717bc5bc3e81e5c280485665f305ad30d3ba3b590c6d04b6d52b1af2aed}, and Latvia (+44.eight{a8eb6717bc5bc3e81e5c280485665f305ad30d3ba3b590c6d04b6d52b1af2aed}) and Hungary (+forty three.9{a8eb6717bc5bc3e81e5c280485665f305ad30d3ba3b590c6d04b6d52b1af2aed}).

The South Korean passenger automobile market increased by greater than 9 p.c in 2014 to reach a very good 1.four million new automobiles. Within the three previous years it had tended to point out more lateral motion. The virtually double-digit progress in 2014 was supported by favorable financing situations, the low rate of interest and the introduction of numerous new models. This development was achieved despite the high trade rate of the received in opposition to the Japanese yen.

Volkswagen is without doubt one of the most recognizable automotive manufacturers world wide, with a superb presence in each Europe and North America, in addition to part of the Asian market. Volkswagen launched last 12 months 8576964 vehicles, is the third quantity automobile manufacturer in the world. Familiar model Volkswagen is …