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EUROPEAN PASSENGER CAR REGISTRATIONS: -2.7% OVER ELEVEN MONTHS; +1.2% IN NOVEMBERBack

Graph1GraphIn November, demand for new passenger cars in the EU* increased for the third consecutive month (+1.2% year-on-year), totaling 938,021 registrations. From January to November, 10,945,360 new cars were registered, or 2.7% less than in the first eleven months of 2012.

In November, the UK (+7.0%) and Spanish (+15.1%) markets contributed to the overall 1.2% upturn. Demand in Germany (-2.0%), France (-4.0%) and Italy (-4.5%) was lower than in the same month last year. In total, the EU* counted 938,021 new registrations. In absolute figures, this represents the third lowest level recorded to date** for a month of November.

From January to November, most significant markets shrank, leading to a 2.7% decline in the EU*. The downturn ranged from -4.9% in Germany to -7.1% in France and -7.7% in Italy. Spain (+2.1%) and the UK (+9.9%) were the only ones to perform better than in the first eleven months of last year.

Source: ACEA

 

Posted by Leana Kell on 22/12/2013