EU car registrations close to pre-recession levels
Car registrations in the EU saw continued growth in May, with the market almost back to May 2007 levels prior to the economic crisis.
EU passenger car registrations were up +7.6% in May and +5.3% for the first five months of 2017.
ACEA figures for May show that registrations across the EU increased by 7.6% to 1,386,818 units. The five big markets performed very well last month bar the UK. Germany (+12.9%) and Spain (+11.2%) posted the highest percentage gains, followed by France (+8.9%) and Italy (+8.2%), with the UK down -8.5%.
Year to date, car registrations were up +5.3% to 6,719,209 units. Italy (+8.1%), Spain (+7.3%), Germany (+4.7%) and France (+3.3%) all saw their markets grow over the first five months of the year, while the United Kingdom registered a slight decline (-0.6%).
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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.
