Analysts say Euro Auto Industry up 5%

An analyst’s note from Deutsche Bank suggests that vehicle registrations across Europe could be rising for the second month in succession. Conversations with the industry have led the analyst to predict a rise of 5 per cent, with particular strength in Germany (up 35 per cent) and Italy (up 14 per cent. The UK (+2 per cent) and France (no change) have remained steady, while the other country to have initiated sales through scrappage schemes, Spain is down 14 per cent.