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Europe car sales speed up after six years of decline – Yahoo News
Britain followed with 9.3 percent growth, Italy at 4.2 percent, Germany 2.9 percent. France managed only 0.3 percent growth. “The situation in Europe is still quite contrasted, but it’s much better than we expected at the beginning of the year, when we forecast two to three percent,” noted Jean-Francois Belorgey, an analyst with consultants EY. “(There is) a rather clear relationship between (national) economic health and market activity.” Britain has been a bright spot in the region, with its economy expected to have grown 3 percent in 2014.
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Car Rental Market to Reach US$79.46 Billion by 2019: Transparency Market Research – Yahoo Finance
The report studies the global car rental market with a special focus on the U.S. market to provide a comprehensive overview. Some of the primary growth factors for the global car rental market are increasing volume of tourists both, overseas and in domestic travel category, better roads and infrastructure, growing disposable income which permits frequent travelling, and increasing GDP levels. The next noteworthy contributor to the growth of global car rental market is the growing business classes in countries such China and India and the booming automobile industries therein. However, the biggest challenge faced by the car rental market is the fluctuating petroleum process, high gasoline prices, and a cheaper substitute of public transport.
If you would like to read more: http://finance.yahoo.com/news/car-rental-market-reach-us-101243890.html