“European car-sales growth accelerated to the fastest pace in 5 1/2 years in June.  The jump was the biggest since a 16 percent surge in December 2009, when governments in the region offered incentives on trade-ins of older cars to help the industry recover from the global recession.  The economy of the 19 countries using the euro is in its longest stretch of growth since the 2008 worldwide credit crunch, while unemployment in the U.K. is at close to a seven-year low. The European Central Bank’s monetary stimulus measures have helped economic revival in most euro-zone countries, partly offsetting the effects of the Greek sovereign-debt crisis.”

http://www.bloomberg.com/news/articles/2015-07-16/european-car-sales-rise-most-in-5-1-2-years-as-economy-helps-vw

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