PASSENGER CAR REGISTRATIONS: -7.6% OVER 11 MONTHS; -10.3% IN NOVEMBER
December 14, 2012.- In November, demand for new cars was down for the fourteenth consecutive month in the EU*, dropping by 10.3% compared with November 2011 which counted on average the same number of working days in the region. In total, 926,486 new cars were registered. From January to November, the EU* recorded 11,255,094 new cars, or 7.6% less than in the same period a year ago.
New car registrations in November were up 11.3% in the UK, while declining in all other significant markets: -3.5% in Germany, -19.2% in France, -20.1% in Italy and -20.3% in Spain. A vast majority of markets contracted, leading to an overall 10.3% downturn in the EU*, which totaled 926,486 new cars.
From January to November, the picture was somewhat similar, with the UK being the only major market to expand (+5.4%) and Germany (-1.7%), Spain (-12.6%), France (-13.8%) and Italy (-19.7%) all contracting.
Over eleven months, demand for new cars in the EU* fell by 7.6%, amounting to 11,255,094 units, a historical low since 1993.
* EU27, data for Malta unavailable.
Text and photographs by: ACEA.