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Two Continents, Moving in Opposite Directions - Graphic
European new-car sales have fallen to the lowest level in more than a decade while American new-car sales have been recovering. Over the last year, sales have increased in only three of the 20 largest countries in the European Union — Britain, Hungary and Denmark. In none of them have sales risen as rapidly as in the United States. 


Historically, car sales are a good leading indicator of the economy, so a continuing downturn in new car sales in Europe speaks volumes. The UK, Denmark, and Hungary are not in the eurozone: they have their own currencies and are avoiding the worst of the euro debacle.

Two Continents, Moving in Opposite Directions - Graphic

European new-car sales have fallen to the lowest level in more than a decade while American new-car sales have been recovering. Over the last year, sales have increased in only three of the 20 largest countries in the European Union — Britain, Hungary and Denmark. In none of them have sales risen as rapidly as in the United States. 

Historically, car sales are a good leading indicator of the economy, so a continuing downturn in new car sales in Europe speaks volumes. The UK, Denmark, and Hungary are not in the eurozone: they have their own currencies and are avoiding the worst of the euro debacle.

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  1. cant-be-want-to-be reblogged this from emergentfutures
  2. charlesilliam reblogged this from techspotlight
  3. tachyonemc2 reblogged this from dominicanomaly
  4. dominicanomaly reblogged this from emergentfutures
  5. techspotlight reblogged this from emergentfutures
  6. emergentfutures reblogged this from futuramb
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  9. andypandy-blog reblogged this from futuramb
  10. futuramb reblogged this from stoweboyd and added:
    I don’t disagree that economics has a direct impact but I would still argue that it is far from the whole story. The...
  11. shauna-nicholson reblogged this from techspotlight
  12. rownowaga reblogged this from stoweboyd and added:
    Euro should not make the Netherlands worst, its economy was long ago adjusted to German economy and euro is mostly...
  13. stoweboyd reblogged this from futuramb and added:
    Futuramb doesn’t address the jump in Britain, Denmark, and Hungary. Aren’t they urbanized? I think it’s the euro that’s...
  14. downwithutopia reblogged this from stoweboyd and added:
    Two Continents, Moving in Opposite Directions - Graphic European new-car sales have fallen to the lowest level in more...
  15. fmh-tax reblogged this from futuramb
  16. rownowaga said: Western Europe cities try to get rid of cars, the number of cars per 1000 people is failing dramatically in some German cities, that means that Germans not only stopped buying new cars, they also sell them to Poland and scrape them.
  17. readinglist32 reblogged this from stoweboyd