EU new car registrations up 8.4 percent in Q1

Wednesday, 19 April 2017 13:38:46 (GMT+3)   |   Istanbul
       

In March this year, new car registrations totaled 1,891,583 units in the European Union (EU), increasing 11.2 percent year on year, according to the latest figures issued by the European Automobile Manufacturers' Association (ACEA). 
 
All the big five markets recorded very strong performances during the month, with Italy (+18.2%), Spain (+12.6%) and Germany (+11.4%) posting double-digit percentage gains, followed by the UK (+8.4%) and France (+7.0%).
 
Meanwhile, in the first quarter new passenger car registrations in the EU increased to 4,141,269 units, up 8.4 percent year on year. In this period, new passenger car registrations increased by 11.9 percent in Italy, by 7.9 percent in Spain, by 6.7 percent in Germany, by 6.2 percent in the UK and were up by 4.8 percent in France, all year-on-year basis.

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