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ACEA: Passenger car registrations: +6.9% over five months; +4.5% in May

In May 2014, demand for new passenger cars in the EU* increased for the ninth consecutive month, with a rise of 4.5% in registrations In May 2014, demand for new passenger cars in the EU* increased for the ninth consecutive month, with a rise of 4.5% in registrations. However, in absolute figures, the total of … Continued

In May 2014, demand for new passenger cars in the EU* increased for the ninth consecutive month, with a rise of 4.5% in registrations

In May 2014, demand for new passenger cars in the EU* increased for the ninth consecutive month, with a rise of 4.5% in registrations. However, in absolute figures, the total of 1,093,448 units registered marked the second lowest result to date for a month of May since ACEA began the series in 2003 with the enlarged EU.

Five months into the year, new passenger car registrations increased by 6.9%, totalling 5,431,921 units.

In May 2014, Italy was the only major market to face a downturn (-3.8%). All other significant markets contributed positively to the overall 4.5% expansion of the EU* market, with growth ranging from +0.3% in France, +5.2% in Germany, +7.7% in the UK to +16.9% in Spain.

From January to May, all major markets posted growth, contributing to the overall 6.9% upturn of the EU* market. The increase in passenger car registrations in this period ranged from 3.0% in France, 3.2% in Italy, 3.4% in Germany to 11.6% in the UK and 16.3% in Spain.

* EU28, data for Malta unavailable

https://www.automotiveworld.com/news-releases/acea-passenger-car-registrations-6-9-five-months-4-5-may/

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