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Passenger car registrations: +5.7% over twelve months; +4.7% in DecemberBack

CarReg4Brussels, 16 January 2014 – In December, EU* passenger car registrations recorded growth for the sixteenth consecutive month (+4.7%), reaching 951,329 units sold.

In December, EU* passenger car registrations recorded growth for the sixteenth consecutive month (+4.7%), reaching 951,329 units sold. Looking at the largest markets, the demand increase was mainly led by the significant growth recorded in Spain (+21.4%), followed by the UK (+8.7%), Germany (+6.7%), and Italy (+2.4%), while France (-6.7%) performed less well than in the same month last year. Substantial growth also posted by the new EU member states (+9.6%) and by the EFTA countries (+9.8%) contribute to explain last month’s positive outcome.

PassengerCarRegs0115

From January to December, 12,550,771 new passenger cars were registered in the EU. With 5.7% growth posted in 2014, new car registrations increased for the first time since 2007 after having been on the decline for six consecutive years. Looking at the largest markets, Spain recorded the largest increase over the year (+18.1%) followed by the UK (+9.3%), Italy (+4.2%) and Germany (+2.9%), while France remained stable (+0.3%).

*Data for Malta n.a.

To download the full document, click here.

Posted by Leana Kell on 16/01/2015