Currently reading: European car sales uptick fuels global optimism
Year-on-year sales of new cars increased 12.3% in Western Europe during November

Despite the ongoing threats of global recessions, many of the markets around the world are starting to pick up.

Countries in Europe, North America, South America and Asia have shown signs of life, but it must be noted that sales a year ago were down considerably, giving lots of room for growth. Improving on 2021’s poor showing is not necessarily leading markets forward. This is, however, providing hope that the market is not ready to suddenly turn down.

Recent upticks in the EU add to that hope.

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