The difference between Americans and Europeans? We're buying new cars

The so-called Great Recession hit the U.S. and Europe about the same time five years ago this fall, but the U.S. economy is coming back faster. The latest example? New car sales.

At a time when U.S. sales are soaring, Europe saw a drop of almost seven percent in the first half of this year. There is one bright spot: U.K. car sales are up.

Marketplace's Stephen Beard joins Morning Report host David Brancaccio from London with the details.

 

About the author

Stephen Beard is the European bureau chief and provides daily coverage of Europe’s business and economic developments for the entire Marketplace portfolio.

Comments

I agree to American Public Media's Terms and Conditions.
With Generous Support From...