PASSENGER CAR REGISTRATIONS: -7.6% OVER NINE MONTHS; -10.8% IN SEPTEMBER
October 20, 2012.- In September ne passenger car registrations contined September, new continued their downward trend, declining for the twelfth consecutive month. Demand for new cars was down 10.8%, amounting to 1,099,264 units, compared with September 2011. Nine months into the year, the downturn reached 7.6%, with a total of 9,368,327 new cars registered in the EU*.
In September, the EU* recorded a total of 1,099,264 new cars, or 10.8% less than in the same month a year ago.
Looking at the major markets, the British was the only one to expand, while Germany (-10.9%), France (-17.9%), Italy (-25.7%) and Spain (-36.8%) all faced a double-digit downturn.
From January to September, the EU* market shrank by 7.6%, compared to the first nine months of 2011. Results were diverse across markets, as the UK posted growth (+4.3%), while Germany saw its demand fall by 1.8% and Spain (-11.0%), France (-13.8%) and Italy (-20.5%) contracted more severely.
More information:
http://www.acea.be/
Text and photographs by: ACEA – European Automobile Manufacturers’ Association.
