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EU Passenger Car Registrations in H1 Down - ACEA

Auto News - Published on Fri, 19 Jul 2019

Image Source: International Fleet World
In June 2019, new car registrations in the European Union fell by 7.8% to 1,446,183 units. To a large extent, this drop can be attributed to a negative calendar effect. On average, June only counted 19 working days across the EU this year, compared to roughly 21 days in 2018. As a result, the five major EU markets all posted declines, especially France (-8.4%) and Spain (-8.3%).

During the first half of 2019, demand for new passenger cars across the EU was down by 3.1% compared to the same period last year, counting 8.2 million registrations in total. With the exception of Germany (+0.5%), each of the big EU markets recorded a slight decline so far in 2019.

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Posted By : Sanju Moirangthem on Fri, 19 Jul 2019
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