New passenger car registrations drop 6.4% in December 2011
January 18, 2012
Figures for December 2011 show new passenger car registrations in the EU* fell by 6.4% to 953,108 units, according to the European Automobile Manufacturers’ Association.
During December Germany was the largest market in with 244,501 new registrations and the only major one to post growth (+6.1%). Spain (-3.6%) and the UK (-3.7%) recorded single-digit drops, while Italy (-15.3%) and France (-17.7%) faced a double-digit downturn.
Year on year regsitrations down 1.7%
Demand for new cars in 2011 also decreased by 1.7%, bringing the total number of units registered at 13,111,209. Full year registrations decreased for the fourth consecutive year.
In 2011 most of the significant markets declined, from -2.1% in France to -4.4% in the UK, -10.9% in Italy and -17.7% in Spain. Germany was the exception as demand for new cars grew by 8.8% over twelve months. It remained the largest market with a total of 3,173,634 new registrations, followed by France (2,251,669 units) and the UK (1,941,253 units).
* EU27, data for Cyprus and Malta unavailable
Edited by: Paul Whittaker, Editor ipmd.net, [email protected]
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