The first increase in European new-car sales in four months may not be sustained in coming months, analysts warned.
Helped by new models ordered earlier this year, registrations in the EU and EFTA countries rose 7.8 percent to 787,435 vehicles, industry association ACEA said. That narrowed the eight-month sales decline to 1.1 percent for a total 9.19 million registrations.
"These cars were ordered months ago, so I wouldn't expect a material impact from the new crisis at this stage. What's more important is what we see in October and November," said Arndt Ellinghorst, a London-based analyst at Credit Suisse.
"The consumer was in a far better mood when he ordered the car earlier this year, so we have to wait to see how the order momentum, which is clearly slowing down, affects sales later in the year," he said.
Market-research company GfK SE is predicting a confidence decline in Germany, Europe's biggest auto market, as European leaders struggle to stem a sovereign-debt crisis.
VW widens share lead
Volkswagen, General Motors' Opel/Vauxhall unit and Ford Motor led the first increase in European car sales in four months. Fiat was the biggest loser.
Opel egistrations gained 7.1 percent to 53,407 in August. Sister brand Chevrolet's sales rose 2.8 percent to 11,198.