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CarsalesIn April 2014, demand for new passenger cars in the EU increased for the eighth consecutive month, with a rise of 4.6% in registrations. However, in absolute figures, the total of 1,089,226 units registered marked the third lowest result to date for a month of April since ACEA began the series in 2003 with the enlarged EU.

Four months into the year, new passenger car registrations increased by 7.4%, totalling 4,336,013 units.

In April 2014, Germany was the only major market to face a downturn (-3.6%). All other significant markets contributed positively to the overall 4.6% expansion of the EU* market, with growth ranging from +1.9% in Italy, +5.8% in France, +8.2% in the UK to +28.7% in Spain.

From January to April, all major markets posted growth, contributing to the overall 7.4% upturn of the EU market. The increase in passenger car registrations in this period ranged from 2.9% in Germany, 3.7% in France, 5.0% in Italy to 12.5% in the UK and 16.2% in Spain.

(Source: ACEA)

Posted by Sue Robinson on 16/05/2014