EU car registrations up on 2005

Brussels - Despite declines in new car registrations in the months of June, July and August, registrations for the first eight months of 2006 are up slightly on the same period of 2005.

In the first eight months, total registrations in the 25 countries that make up the EU and EFTA stood at 10.436 million units, up by 0.4 percent on the same period a year ago, when the equivalent number was 10.396 million.

According to ACEA data, cumulative results for the first eight months are positive for 14 countries, including Germany (+0.6%) and Italy (+4.8%). Results were again negative for France (-1.9%), Spain (-2%) and UK (-4.3%). EFTA countries performed slightly better (+0.9%) than EU 23 (+0.4%) and New Member States experienced a slight slowdown (-0.8%), mainly influenced by Polish (-6.3%) and Czech (-4.4%) result.

ACEA data, shows that VW group increased its market share among the main car makers in the eight-month period to 20 percent, from 19 percent, while PSA group fell to 13.3 percent, from 13.8 percent a year earlier. Ford and GM both lost 0.3 percent in market share, while Renault group lost 1 percentage point, but 10 percent of its share, falling to 8.9 percent from 9.9 percent. Fiat Group's share jumped to 7.6 percent from 6.5 percent in the first 8 months.

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Press release from ACEA ( 65kB .PDF file)