April sees rise in EU car registrations
In April, the EU market for new passenger cars grew for the first time (+1.7 per cent) since September 2011. The region counted on average two more working days compared to the same month last year, which would account for the increase. In absolute figures, it is the third lowest level of new registrations for a month of April, with the historic low for April reached in 2012 (1,021,358 units). A total of 1,038,343 units was recorded in the EU in April this year, or 1.7 per cent more compared to the low level of April last year.
Four months into the year, new car registrations amounted to 4,026,946 units, or 7.1 per cent less than in the same period a year ago.
In April, results were varied across markets. Looking at the major ones, Germany (+3.8 per cent), Spain (+10.8 per cent) and the UK (+14.8 per cent) expanded, while France (-5.3 per cent) and Italy (-10.8 per cent) faced a downturn.
From January to April, the UK remained the only major market to post growth (+8.9 per cent). Spain (-6.7 per cent), Germany (-8.5 per cent), France (-12.3 per cent) and Italy (-12.3 per cent) all saw their demand decline, leading to an overall 7.1 per cent decrease in the EU.
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