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European Passenger Car Registrations Decline in AprilBack

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.

Source: ACEA

Posted by Sue Robinson on 19/05/2017