EU registrations up 7.7% in August but still down 1.3% YtD
However, registrations are still down year to date. Eight months into 2011, a total of 8,888,793 new cars were registered in the EU, or 1.3% less than in the same period a year ago.
A total of 753,709 cars were registered in August, with the figures up in most markets, including all the major ones. Germany (+18.3%), the UK (+7.3%), Spain
(+5.9%), France (+3.1%) and Italy (+1.5%) all performed better than last year.
In July, the EU recorded 1,012,910 new cars and out of the major markets only Germany posted growth (+9.9%), while Italy (-10.3%), France (-5.7%), Spain (-4.0%) and the UK
(-3.5%) all saw their markets decline.
Year to date, a total of 8,888,793 new cars were registered in the EU. The main markets showed a mixed picture: Germany posted a double-digit growth (+11.2%), France remained stable (+0.4%), the UK was down 6.1%, Italy contracted by 12.0% and Spain fell by 22.2%.
EU registrations up 7.7% in August but still down 1.3% YtD
However, registrations are still down year to date. Eight months into 2011, a total of 8,888,793 new cars were registered in the EU, or 1.3% less than in the same period a year ago.
A total of 753,709 cars were registered in August, with the figures up in most markets, including all the major ones. Germany (+18.3%), the UK (+7.3%), Spain
(+5.9%), France (+3.1%) and Italy (+1.5%) all performed better than last year.
In July, the EU recorded 1,012,910 new cars and out of the major markets only Germany posted growth (+9.9%), while Italy (-10.3%), France (-5.7%), Spain (-4.0%) and the UK
(-3.5%) all saw their markets decline.
Year to date, a total of 8,888,793 new cars were registered in the EU. The main markets showed a mixed picture: Germany posted a double-digit growth (+11.2%), France remained stable (+0.4%), the UK was down 6.1%, Italy contracted by 12.0% and Spain fell by 22.2%.
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