EU car registrations put in best performance in a decade
Car registrations across the EU saw modest growth in June but volumes are almost back to pre-recession levels and show the market’s best performance in a decade.
Latest figures from the ACEA show that June car registrations totalled about 1.5 million units, up by 2.1%, although results among the five big markets were rather diverse. Italy (+12.9%) and Spain (+6.5%) performed well but the UK and Germany saw registrations decline (-4.8% and -3.5% respectively). Meanwhile the new EU member states made a significant contribution to the results, with growth up +12.0%.
First-half registrations were up 4.7% to more than 8 million new vehicles, with positive results in Italy (+8.9%), Spain (+7.1%), Germany (+3.1%) and France (+3.0%) but a -1.3% downturn in the UK.
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