European New Car Market Grows 2.7 per cent to May 2006
Jato Dynamics’ analysis of new car registrations in the EU and EFTA region for the first five months of 2006 shows that the overall European market for new cars rose by 2.7 per cent compared with the same period in 2005, to a total volume of 6,918,355 units.
Year-to-date (YTD) growth was significantly higher than in April, due to an overall rise of 10.6 per cent in the European market for new cars in May 2006 (a total volume for the month of 1,455,421 units).