In August 2015, demand for new passenger cars in the EU was up (+11.2%), reflecting the ongoing recovery in the market and pursuing the upward trend commenced two years ago.
In August 2015, demand for new passenger cars in the EU was up (+11.2%), reflecting the ongoing recovery in the market and pursuing the upward trend commenced two years ago. August is typically one of the weakest months for registrations, together with February, however the month saw continued growth in all major markets. Registrations in Spain (+23.3%), Italy (+10.6%), France (+10.0%), the UK (+9.6%) and Germany (+6.2%) increased compared to August 2014. Across the region, new passenger car registrations totalled 744,799 units.
Over eight months in 2015, new passenger car registrations increased (+8.6%), surpassing 9 million units (9,056,539). All major markets posted growth, contributing to the overall upturn of the EU market over the period. Southern European countries in particular are enjoying strong growth, with Spain (+22.3%) and Italy (+15.0%) posting double-digit percentage gains, followed by the UK (+6.7%), France (+5.9%) and Germany (+5.6%).
