EU passenger car registrations in May up 7.1% in May, down 0.8% YtD
The organisation reports total registrations of 1,208,583 new cars in the EU in May. Registrations were up in Germany (+22.0%), France (+6.1%) and Italy (+3.6%), while the market contracted by 23.3% in Spain and 1.7% in the UK.
Five months into the year, total registrations are 0.8% below those in the same period in 2010, with a figure of 5,885,631 new cars registered. Although a majority of EU markets expanded, important ones such as the British (-7.3%), Italian (-15.1%) and Spanish (-25.7%) contracted, leading to an overall 0.8% downturn. In absolute figures, Germany and France registered over a million vehicles from January to May, followed by the UK and Italy, with over 840,000 units.For more of the latest industry news, click here.