Central Europe proves driving factor in EU new car registrations
European new car registrations remained relatively stable in April, with demand mainly driven by the central European countries.
Figures from the European Automobile Manufacturers Association (ACEA) show registrations dipped 0.4% last month to a total of 1,303,787 new registrations. Performance from the five largest markets from the five largest markets was mixed; Spain (+2.6%), Italy (+1.5%) and France (+0.4%) showed slight gains compared to April 2018, but demand in the United Kingdom (-4.1%) and Germany (-1.1%) fell at the same time.
Meanwhile year-to-date demand was down by 2.6% compared to the first four months of 2018, counting 5.3 million units registered in total. The German and French markets remained almost flat, while registrations declined in Italy (-4.6%), Spain (-4.5%) and the UK (-2.7%).