Here are Rauli’s comments on European new car sales in October, which also slightly affects Renkaat (Tires). ![]()
According to ACEA (European Automobile Manufacturers’ Association), new car sales in the European Economic Area were up 5% year-on-year in October, totaling 1.1 million units. October was already the fourth consecutive month of growth, so the market appears to be on a slight upward trend. For the entire year to date, sales are up 2% year-on-year. ACEA’s statistics include the United Kingdom in addition to the countries belonging to the European Union and EFTA. In the Nordic countries, development was varied, with Sweden and Norway declining by 4%, but Finland grew by 5%. We have previously commented on Finland’s figures in this comment.