ACEA: PASSENGER CAR registrations: -7.3% over ten months; -4.8% in October Freitag, 16. November 2012 - 08:05

PASSENGER CAR registrations: -7.3% over ten months; -4.8% in October

Brussels, 16/11/2012 - In October, the EU* market of new passenger cars continued to shrink, although at a slightly slower pace than in the previous months. It totaled 959,412 cars, or 4.8% less than in October last year. 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