Brussels, 18/03/2014 - In February 2014, demand for new passenger cars in the EU* increased for the sixth consecutive month, with a rise of 8.0% in registrations
In February 2014, demand for new passenger cars in the EU* increased for the sixth consecutive month, with a rise of 8.0% in registrations. However, in absolute figures, the total of 861,058 units registered marked the second lowest result to date for a month of February since ACEA began the series in 2003 with the enlarged EU.
From January to February, new passenger car registrations increased by 6.6%, totalling 1,796,787 units.
In February 2014, France was the only major market to face a downturn (-1.4%). All other significant markets contributed positively to the overall 8.0% expansion of the EU* market, with growth ranging from +3.0% in the UK, +4.3% in Germany, +8.6% in Italy to +17.8% in Spain.
Two months into the year, most major markets posted growth contributing to the overall 6.6% upturn of the EU* market. Demand for new passenger cars increased by 5.7% in Germany, 6.0% in Italy, 6.1% in the UK and 13.1% in Spain. France (-0.5%) was the only significant market where new passenger car registrations declined in this period.
* EU28, data for Malta unavailable