EU passenger car registrations up 7.1% in 2016
Demand for passenger cars in the UK rebounded in November, helping to push the market to a 7.1% increase year to date.
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The EU passenger car market rebounded in November following the slowdown observed in October.
Latest figures from the European Automobile Manufacturers Association (ACEA) show that a total of 1,148,618 units were registered last month; up +5.8%.
Growth was seen in all major markets, with Spain (+13.5%), France (+8.5%) and Italy (+8.2%) posting the strongest gains, while the UK (+2.9%) and Germany (+1.5%) followed with more modest figures.
After 11 months, 2016 passenger car registrations in the EU totalled 13.5 million units; a 7.1% increase. All five big markets recorded growth. Double-digit increases were recorded in Italy (+16.5%) and Spain (+11.1%), followed by France (+5.0%), Germany (+4.6%) and the UK (+2.5%).
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