Tag Archives: lackluster in May

European car sales lackluster in May

New-car registrations across Europe were generally lackluster in May after a rebound in the first few months of the year, although sales in Germany and Spain were higher due to incentives and subsidies.

Europe’s car market has shown signs of recovery from a six-year slump, but excess production capacity, heavy discounting and incentives continue to distort the true level of demand.