EU new car registrations rise 4.5% in May
However, the ACEA added that in absolute figures, May’s total of 1,093,448 registrations marked the second lowest result to date for a month of May since ACEA began the series in 2003 with the enlarged EU.
In May 2014, Italy was the only major market to face a downturn (-3.8%). All other significant markets contributed positively to the overall 4.5% expansion of the EU market, with growth ranging from +0.3% in France, +5.2% in Germany, +7.7% in the UK to +16.9% in Spain.
Five months into the year, new passenger car registrations increased by 6.9%, totalling 5,431,921 units. All major markets posted growth, ranging from 3.0% in France, 3.2% in Italy, 3.4% in Germany to 11.6% in the UK and 16.3% in Spain.
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.
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