EU car registrations down 3.3% in Q1
Passenger car registrations in the EU fell 3.9% in March, bringing the year-to-date decline to 3.3%.
EU new car registrations were down 3.3% for the first three months of the year
Latest figures from the European Automobile Manufacturers Association (ACEA) show a total of 1,722,442 cars were registered last month; down from 1,792,880 units in March 2018. Demand was down in all major EU markets, with Italy posting the highest percentage drop (-9.6%), followed by Spain (-4.3%), the United Kingdom (-3.4%), France (-2.3%) and Germany (-0.5%).
For the first quarter of 2019, demand was down by 3.3%, totalling 4,032,881 units. In Germany, registrations remained almost flat (+0.2%), while the other key markets performed worse than in the first quarter of 2018, most notably Spain (-6.9%) and Italy (-6.5%).
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.
