EU car demand rockets
Passenger car registrations in the EU showed strong growth in April following March’s decline, helping to drive the year-to-date performance.
EU car registrations were up 2.7% for the first four months of the year, helped by April’s 9.6% rise
Latest ACEA figures show a total of 1,306,273 new cars were registered last month; up 9.6% on April 2017. All five major EU markets saw substantial increases: Spain (+12.3%) and the UK (+10.4%) recorded the strongest growth, followed by France (+9.0%), Germany (+8.0%) and Italy (+6.5%).
For the first four months of the year, new car registrations in the EU rose 2.7% to 5,478,442 units, driven by April’s robust growth. Car registrations went up in Spain (+11.0%), Germany (+5.0%) and France (+4.4%), but demand for new cars contracted in the UK (-8.8%).
The new EU member states performed very well so far in 2018, with registrations increasing by 12.5%.
Natalie Middleton
Natalie has worked as a fleet journalist for nearly 20 years, previously as assistant editor on the former Company Car magazine before joining Fleet World in 2006. Prior to this, she worked on a range of B2B titles, including Insurance Age and Insurance Day. Natalie edits all the Fleet World websites and newsletters, and loves to hear about any latest industry news - or gossip.
