EU passenger car market up 13.7% in November
The November increase marked the 27th consecutive month of growth and brought the market to a total of 1,085,259 units.
All major passenger car markets rose strongly during the month. Spain (+25.4%), Italy (+23.5%) and France (+11.3%) posted double-digit percentage gains, followed by Germany (8.9%) which also performed better than in November 2014. The UK market recovered in November (+3.8%) as well, after showing decline in October.
For the first 11 months of 2015, new passenger car registrations increased +8.7%, reaching 12,603,855 units and surpassing 2014 full year volumes. However, the ACEA noted that this result is only now reaching the levels seen in the immediate post-crisis years.
All major markets sustained the overall upturn, with Spain (+20.9%) and Italy (+15.5%), posting double-digit growth, followed by the UK (+6.2%), France (+6.2%) and Germany (+5.4%).
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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