ACEA

PASSENGER CARS: registrations down 1.1% nine months into 2011

Updated on October 18, 10:00 am

In September, demand for new passenger cars was slightly up in the EU* (+0.6%), totaling 1,231,147 units. No calendar effect occurred as the month counted the same number of working days as in September 2010. Over nine months, 10,121,423 new cars were registered in the region, or 1.1% less than in the same period a year ago.

September results showed a slight increase of 0.6% in new car registrations in the EU*, supported by German demand. Germany was the only major market to post growth (+8.1%) while the downturn ranged from 0.8% in the UK to 1.3% in Spain, 1.4% in France and 5.7% in Italy.

From January to September, performances were diverse across the region, leading to an overall 1.1% decline. Looking at the largest countries, the UK (-5.0%), Italy (-11.3%) and Spain (-20.7%) all saw their markets contract, while France remained stable (+0.2%), and Germany posted a double-digit growth (+10.8%).

* EU27, data for Cyprus and Malta unavailable

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