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EU Passenger Car Registrations Down By 2.1% In Five Months - ACEA

Auto News - Published on Thu, 20 Jun 2019

Image Source: google.com
The European Automobile Manufacturers' Association announced that May 2019, the EU passenger car market recorded a modest increase (+0.1%) after eight consecutive months of decline. Demand in the region was mainly driven by the Central European countries, where registrations went up by 6.2% last month. By contrast, the five major Western European markets posted mixed results: with demand in Spain (-7.3%), the United Kingdom (-4.6%) and Italy (-1.2%) slowing down, but growing in Germany (+9.1%) and France (+1.2%).

From January to May 2019, new car registrations across the European Union fell by 2.1% compared to last year, counting 6.7 million units in total. With the exception of Germany, the five big EU markets all posted slight declines so far this year.

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Posted By : Mohan Sharma on Thu, 20 Jun 2019
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