Latest figures from the European Automobile Manufacturers Association (ACEA) show that the overall market rose 2.9% last month, marking the 26th consecutive month of growth.

Momentum was down in all major markets. Registrations in Italy (+8.6%), Spain (+5.2%), Germany (+1.1%) and France (+1.0%) kept growing, even though less strong than in past months, while the UK market declined in October (-1.1%). Across the region, new passenger car registrations totalled 1,104,868 units, also supported by growth in the EU’s new member states (EU-12).

Over the first ten months of 2015, new passenger car registrations increased (+8.2%), surpassing 11.5 million units (11,523,903).

All major markets posted growth. Spain (+20.5%) and Italy (+14.7%), benefiting from economic recovery and relatively low base comparisons, posted double-digit percentage gains, followed by the UK (+6.4%), France (+5.7%) and Germany (+5.1%).