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European Car Dealers NewsBack

ECDThe European Car Dealers (ECD), a division of CECRA, estimate that 12,570,000 passenger cars will be registered in Europe in 2014. This represents an increase of 1.9% in comparison to 2013, during which 12,338,660 cars were registered.

This forecast is based on the outcome of a survey conducted by CECRA, which represents the interests of automotive dealers and repairers in Europe.

The forecast includes 28 EU Member States (with the exception of Malta for which no figures were available) as well as Iceland, Norway and Switzerland. For some countries, an estimation was made as CECRA does not yet cover all EU countries.

Both CECRA President Jean-Paul Bailly and ECD Chairman Jaap Timmer underline that 2014 is expected to show modest growth and could be a turning point, although there is still a long way to go. Furthermore, excessive discounts and “self-registrations” have to be restricted.

The ECD division requests car manufacturers to take this forecast into account when setting their sales objectives in conjunction with their network all over Europe.

Countries

Registrations 2013*

% Change ‘13/’12

Forecast 2014**

% Change ‘14/’13

Austria

319.093

-5.0

310.000

-2.8

Belgium

486.065

-0.1

490.000

0.8

Bulgaria

19,525

0.5

20.000

2.4

Croatia

27.802

-11.0

29.000

4.3

Cyprus

14.670

-28.6

15.000

2.2

Czech Republic

164.738

-5.3

192.500

16.9

Denmark

182.198

6.7

183.500

0.7

Estonia

19.695

14.1

20.000

1.5

Finland

103.450

-7.0

112.000

8.3

France

1.790.473

-5.7

1.800.000

0.5

Germany

2.952.431

-4.2

3.050.000

3.3

Greece

58.696

0.4

60.000

2.2

Hungary

56.427

6.0

59.000

4.6

Ireland

74.303

-7.0

75.000

0.9

Italy

1.303.534

-7.1

1.350.000

3.6

Latvia

10.710

0.4

11.000

2.7

Lithuania

12.400

1.9

14.000

12.9

Luxembourg

46.624

-6.9

45.500

-2.4

Netherlands

417.036

-17.0

400.000

-4.1

Poland

289.718

5.9

300.000

3.5

Portugal

105.898

11.1

105.500

-0.4

Romania

58.800

-11.5

60.500

2.9

Slovakia

59.347

-14.3

65.000

9.5

Slovenia

50.678

4.2

50.000

-1.3

Spain

722.703

3.3

800.000

10.7

Sweden

269.599

-4.0

275.000

2.0

United Kingdom

2.264.737

10.8

2.250.000

-0.7

EU 28*

11.881.350

-1.4

12.142.500

2.2

Iceland

7.274

-8.0

7.500

3.1

Norway

142.151

3.0

130.000

-8.5

Switzerland

307.885

-6.2

290.000

-5.8

EFTA

457.310

-3.5

427.500

-6.5

EU 28* + EFTA

12.338.660

-1.5

12.570.000

1.9

Source: CECRA

Posted by Leana Kell on 19/01/2014