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Demand For New Passenger Cars Has Risen Again In Europe

Demand For New Passenger Cars Has Risen Again In Europe
Demand For New Passenger Cars Has Risen Again In Europe

Video: Demand For New Passenger Cars Has Risen Again In Europe

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According to the European Association of Automobile Manufacturers (ACEA), in November, the European market recorded an increase in demand for new passenger cars: 1 million 210.9 thousand cars were registered, which is 4.5% more than last year's result. This is the third consecutive month of market growth and the fourth throughout the year. This is largely due to a drop in sales after the introduction of new environmental requirements for motor vehicles in September 2018.

Among the large European markets, the best figures were recorded in Germany: plus 9.7% (299.1 thousand vehicles). In Spain, the figure was 2.3% (93.2 thousand cars), in Italy - plus 2.2% (150.6 thousand), in France - plus 0.7% (172.7 thousand units). Great Britain was marked by a fall of 1.3% (156.6 thousand units). The absolute growth leader is Romania: plus 57.7%, 13.1 thousand new cars.

Most of the market leaders have managed to increase their audience. The largest demand was recorded for Volkswagen: 149.2 thousand registered cars (plus 9.3%). The second and third places are occupied by Renault (79.8 thousand units, plus 11.3%) and Mercedes-Benz (76 thousand, plus 1.6%). The top five also included Peugeot (74.4 thousand, minus 1.2%) and Ford (74 thousand, plus 3.4%).

Places from sixth to tenth were taken by BMW (69.5 thousand, plus 3.5%), Skod (61.5 thousand, minus 0.9%), Toyot (56.9 thousand, plus 5.6%), Audi (53.5 thousand, plus 39.4%) and Opel (51.4 thousand, minus 22.1%), which returned to the Russian market.

In total, since the beginning of the year, 14 million 542.1 thousand new passenger cars have been registered in Europe - just 0.3% less than last year's result. Positive results of the last three months contributed to the market entry to last year's figure. However, four of the five major markets went negative: Spain (1.152 million, minus 5.7%), the United Kingdom (2.162 million, minus 2.7%), Italy (1.776 million, minus 0.6%) and France (2.003 million, minus 0.2%). The German market grew by 3.9% (3.324 million vehicles).

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