Good Start to Year for European Vehicle Manufacturers
Figures for European vehicle production rose 8.6 per cent in January. Western Europe posted growth of 1.9 per cent, but production in Central Europe rose by a remarkable 42.4 per cent. There were contrasting performances during the month, with Fiat production up 31 per cent (from a low base) due mainly to the launch of the new Punto. VW production rose 8.6 per cent on the back of Audi, Passat and Golf Plus models. Mercedes output was flat, but Smart production fell 34 per cent. PSA production rose nearly five per cent, but Renault fell 6.4 per cent, despite strong sales of the new Clio.