EU new passenger car registrations down 3.3 percent in Q1

Friday, 19 April 2019 15:17:33 (GMT+3)   |   Istanbul

In March this year, new car registrations totaled 1.72 million units in the European Union (EU), decreasing by 3.9 percent year on year, according to the latest figures issued by the European Automobile Manufacturers' Association (ACEA).

Demand for new cars decreased in all major EU markets. Italy posted the highest decrease (-9.6%), followed by Spain (-4.3%), the United Kingdom (-3.4%), France (-2.3%) and Germany (-0.5%).

Meanwhile, in the first quarter, new passenger car registrations in the EU decreased to 4.03 million units, down 3.3 percent year on year. In Germany, registrations remained almost flat (+0.2%), while the other key markets performed worse than in the first quarter of 2018, most notably Spain (-6.9%) and Italy (-6.5%).

Most Recent Related Articles

US import HDG still holding steady

Some Izmir-based Turkish mills further reduce ship scrap purchase prices

CEBID: Turkish steel pipe output expected to increase in 2020

Japan's new ship export orders fall in 2019

Domestic rebar prices in Taiwan - week 4