EU passenger car registrations stable in October
European passenger car registrations fell slightly in October but remained positive year to date.
Latest figures from the ACEA show that registrations declined 0.02% last month, totalling 1,104,506 units. Mixed results were seen among the major markets, with Italy (+9.7%), Spain (+4.0%) and the United Kingdom (+1.4%) posting growth, while Germany (-5.6%) and France (-4.0%) performed less well than in October 2015.
In contrast, registrations were up 7.2% for the first 10 months of 2016, totalling 12,348,502 units. All five major markets posted growth. Italy (+16.7%) and Spain (+10.8%) showed the highest gains, followed with more modest rates by Germany (+4.9%), France (+4.7%) and the UK (+2.5%).
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