- IN OCTOBER, THE EUROPEAN UNION* MARKET OF NEW PASSENGER CARS CONTINUED TO SHRINK, ALTHOUGH AT A SLIGHTLY SLOWER PACE THAN INTHE PREVIOUS MONTHS
- IT TOTALED 959,412 CARS, OR 4.8% LESS THAN IN OCTOBER LAST YEAR
November 16, 2012.- From January to October, new car registrations amounted to 10,327,276 units, or 7.3% less in than in the first ten months of 2011.
Results in October were diverse across countries, leading to an overall 4.8% downturn in the EU*. While the German market remained quite stable (+0.5%), the UK expanded by 12.1%. France (-7.8%), Italy (-12.4%) and
Spain (-21.7%) performed worse than in the same month a year ago.
From January to October, the UK was the only major market to post growth (+5.0%). The German (-1.6%) slightly contracted, while Spain (-11.9%), France (-13.3%) and Italy (-19.7%) faced a double-digit downturn.
Overall, new car registrations were down 7.3% ten months into the year, compared to the same period a year
earlier.
* EU27, data for Malta unavailable.
More information:
Text and photographs by: European Automobile Manufacturers’ Association (ACEA).