OREANDA-NEWS. Automotive market in Russia, which slowed down the fall in July, has kept its fifth place in the "European championship".

According to data, received by the agency "AUTOSTAT" in the national association of car manufacturers in Europe, the leader by car sales in July was Germany, where it was sold 290,196 cars (+ 7.4%). According to the Association of the German Automotive Industry (VDA), orders for new vehicles in the last month rose by 7%, by reflecting the positive development of the market. Second place in the "European championship" is kept by United Kingdom with 178 420 sold vehicles (+ 3.2%). According to the British Society of Motor Manufacturers and dealers (SMMT), in July it was recorded a modest increase by sales compared with the first half of year (+ 7%), and therefore the demand is expected to stabilize in the second half of the year. The third place of ranking is occupied by France, whose dealers have sold 147 132 cars (+ 2.3%). The fourth result was shown by Italy - 131,489 sold vehicles (+ 14.5%). According to the Italian Association of Automobile Manufacturers (ANFIA), the double-digit growth of car sales is recorded for the seventh consecutive month, by indicating a strong recovery in consumer demand. However, in quantitative terms, the July car sales in Italy remained at the level of 1983. If, however, during the consideration of the car market in Europe we take into account Russia, then our country is on the fifth line of the European rankings. According to preliminary estimations of the agency "AUTOSTAT", passenger car sales in the last month were more than 122,500 units (excluding LCV). We also add that, thanks to the resumption of incentive program to subsidize the purchase of new fuel-efficient cars, Spanish car market has shown the greatest growth among the European leaders - by 23.5% to 102,922 vehicles.