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EU car demand rockets

Passenger car registrations in the EU showed strong growth in April following March’s decline, helping to drive the year-to-date performance.

New cars

EU car registrations were up 2.7% for the first four months of the year, helped by April’s 9.6% rise

Latest ACEA figures show a total of 1,306,273 new cars were registered last month; up 9.6% on April 2017. All five major EU markets saw substantial increases: Spain (+12.3%) and the UK (+10.4%) recorded the strongest growth, followed by France (+9.0%), Germany (+8.0%) and Italy (+6.5%).

For the first four months of the year, new car registrations in the EU rose 2.7% to 5,478,442 units, driven by April’s robust growth. Car registrations went up in Spain (+11.0%), Germany (+5.0%) and France (+4.4%), but demand for new cars contracted in the UK (-8.8%).

The new EU member states performed very well so far in 2018, with registrations increasing by 12.5%.

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Natalie Middleton

Natalie has worked as a fleet journalist for 16 years, previously as assistant editor on the former Company Car magazine before joining Fleet World in 2006. Prior to this, she worked on a range of B2B titles, including Insurance Age and Insurance Day. As Business Editor, Natalie ensures the group websites and newsletters are updated with the latest news.