EU passenger car registrations up 5.7% YtD
Last month marked the 15th consecutive month of growth with a total of 953,886 units sold. Looking at the largest markets, the demand increase was mainly led by the significant growth recorded in Spain (+17.4%), followed by the UK (+8.0%), and Italy (+5.0%), while Germany (-1.8%) and France (-2.7%) recorded a slight decline.
In addition, substantial growth posted by the new EU member states (+5.5%) partially explains last month’s positive outcome.
For the year to date, 11,600,383 new passenger cars were registered in the EU, or 5.7% more than in the same period last year. Looking at the largest markets, France remained stable (+1.1%), while Germany (+2.6%), Italy (+4.3%) and the UK (+9.4%) expanded. Spain (+18.1%) posted double-digit growth.
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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