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With Easter falling during the month and following record performances in the first quarter of the year, EU passenger car registrations declined as expected by -6.6% in April according to official figures published by the European Automobile Manufacturers’ Association (ACEA).
A total of 1,191,034 units were registered in the EU in April 2017, 6.6% less than the year before. Most major markets saw a decrease: the UK’s market dropped by -19.8%, followed by Germany (-8.0%), France (-6.0%), and Italy (-4.6%). Amongst the largest markets only Spain grew by 1.1%. Smaller markets such as Poland (+14.4%), Portugal (+17.8%), Croatia (+29.6%) and Bulgaria (+14.1%) saw the biggest growth compared with April 2016.
Figures remain positive in the first four months of the year with overall demand up 4.7% on last year, with a total of 5,332,854 units registered. From January to April, Italy (+8.0%) and Spain (+6.1%) saw the strongest increases, followed by Germany (+2.5%), France (+2.0%) and the UK (+1.1%).
Positively, year to date demand for new cars in Europe remains higher than last year in line with UK’s results. After a very strong 2016, we expect markets to continue to stabilise over the coming months.