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EUROPEAN PASSENGER CAR REGISTRATIONS MARK 32 CONSECUTIVE MONTHS OF GROWTHBack

301212 Pre-registered carsPassenger car registrations grew again in the EU by 9.1% in April 2016 compared to April 2015, reaching 1,273,733 units and marking 32 consecutive months of growth according to the latest figures published by ACEA (European Automobile Manufacturers’ Association).

Amongst the largest European markets Spain returned to form after last month decline with registrations up 21.2%, followed by Italy, which saw a double-digit growth too (+11.5%). Germany (+8.4%), France (+7.1%) and the UK (+2.0%) also performed well. This has been the best April in terms of volume since 2008.

It is encouraging to see that, in spite of following a record breaking March, the car market in April performed very well both in the UK and in the EU.  In the first four months of the year registrations rose 8.5% in Europe, totalling more than 5 million units (5,094,026), while the UK market grew by 4.4% year-to-date.

Sue Robinson commented, “This positive trend continues to reflect the gradual recovery of the European economy and we are confident that registrations in the UK will remain strong in line with other major European markets.”

Posted by Sue Robinson on 13/05/2016