LONDON - New-car sales in Europe grew by an estimated 7.9 percent in October. Sales in Italy and Germany were better than expected, according to industry sources.
Scrapping incentives continue to boost the Italian market. The rise in Germany reflects new A-class deliveries, said Richard Hover, economist at VDIK, the German importers association. The A-class went on sale 18 October.
Hover said orders for new cars in Germany rose 12 percent in the first nine months compared with the same period last year.
Sales in Germany are expected to finish at 3.55 million units in 1997, about the same as last year. But auto executives estimate that the market could reach 3.7 million next year when the A-class and new Volkswagen Golf are in full production.
The French market was down again. French sales in October 1996 were inflated by late registrations of cars bought under the scrapping incentives that ended in September 1996.
October sales in the UK are estimated at 157,000, slightly above year-ago levels.