Is your car your pride and joy, or are you ready for a change? Let us know and you could win a £300 John Lewis voucher | No thanks

Europeans 'reluctant to buy new cars'

Tue, 17 Feb 2009
The number of Europeans who bought cars last month fell significantly, according to Jato Dynamics.

Figures from the group showed year-on-year sales fell by 26 per cent.

Volkswagen topped the new registrations chart, followed by Ford, Peugeot and Vauxhall.

However, all of the manufacturers in the top ten posted worse results than in the same month last year.

Jaguar, in the other hand, recorded a 35.5 per cent growth in the number of vehicles shifted.

David Di Girolamo from Jato Dynamics put this down to the popularity of the XF.

He stated: "There are few high spots to focus on, but we can see that successful new model launches do seem to deliver a very welcome shot in the arm for the market."

In other motoring news from Jato Dynamics, the company recently reported 50 per cent of new vehicles in Europe now average carbon dioxide emissions of 130 g/km.

Are you buying or selling a car? Click here to find out what Honest John has to say.


Add a comment


Ask Honest John

Value my car

Amount to borrow
Sorry. The minimum loan amount is £1000
To pay back over

My credit score

Best available rate 9.20%

Total repayment £8,930.17

Total cost of credit £1,430.17


48 monthly payments

Apply now

Representative example

Borrowing £7,500 over 4 years with a representative APR of 25.4%, an annual interest rate of 25.4% (Fixed) and a deposit of £0.00, the amount payable would be £239.77 per month, with a total cost of credit of £4,008.96 and a total amount payable of £11,508.96.

CarFinance 247 Limited is acting as an independent credit broker

Universal Square, Devonshire Street North, Manchester, M12 6JH