UK Car registrations drop 9.3% in September
The UK car market has slowed down in 2017, with a drop in registrations of 9.3% in September year-on-year and an overall drop of 3.9% for the year to date.
Of the five key markets in the EU, the United Kingdom saw the greatest reduction in registrations, compared to Germany with ‐3.3%. However, strong performance in the Italian (+8.1%) and Spanish markets (4.6%) helped raise the overall European percentage.
Overall passenger car registrations across the European Union fell by 2%, according to ACEA Statistics. However, this comes after a record September 2016 that offered the highest sales records to date and is therefore not entirely surprising, the ACEA said. Total sales across the region were 1,427,105 units.
During the first nine months of 2017, passenger car demand remained positive throughout the EU, with nearly 11.7 million new vehicles registered – an increase of 3.7% compared to the same period a year earlier. Italy (+9.0%), Spain (+6.7%), France (+3.9%) and Germany (+2.2%) compared to the UK market falling by 3.9%.