January EU passenger car registrations reach historic low, reports ACEA
Looking at the major markets, only the UK posted growth (+11.5%), while the downturn prevailed in Germany (-8.6%), Spain (-9.6%), France (-15.1%) and Italy (-17.6%).
In absolute figures, Germany remained the largest market with 192,090 new registrations, followed by the UK (143,643 units), France (124,798) and Italy (113,525). Spain registered 49,671 new cars, which was slightly less than Belgium (50,684 units).
Looking at the individual car brands, most posted a decline, although the following all bucked the trend in the EU: Jaguar (+21.5%), Land Rover (+18.5%), Mazda (+11.4%), Honda (+10.3), BMW (+9.8%), Dacia (+8.8%), Kia (+7.2), SEAT (+6.0), Mercedes (+4.7) and Opel/Vauxhall (+4.5%).
For more of the latest industry news, click here.
Leave a comment