March passenger car registrations down 5.0% year on year, reports ACEA
March results were varied across the EU. Looking at the major markets, France (+6.1%) and Germany (+11.4%) posted growth while the UK (-7.9%), Italy (-27.6%) and Spain (-29.1%) faced a downturn. In absolute figures, the UK recorded the most vehicles (366,101), followed by Germany (327,921) and France (257,533).
From January to March, although most markets expanded, prominent ones such as the British (-8.7%), the Italian (-23.1%) and the Spanish (-27.3%) recorded losses, which resulted in a 2.3% downturn across the region. The steepest fall was noted in Greece (-57.4%) and the largest growth recorded in Latvia (+131.7%). The Latvian market remained however the smallest (1,902 units) while Germany registered the most vehicles (763,403) over the first quarter.For more of the latest industry news, click here.