EU passenger car registrations continue slight climb

Brussels - European passenger car registrations in the eleven months to November 2006 reached, 14.29 million units, up 0,8 percent on the same figure a year ago. This is the second consecutive month that registrations grew by over 3.5 percent month-on-month.

According to ACEA, which publishes the statistics, "The situation on the national markets in November was mixed. While France (-8%) and the UK (-2%) eased and Spain remained flat (+0.1%), Italy (+6.2%) and especially Germany (+18.1%) enjoyed growths. A strong rebound of the new passenger car registrations in the latter was influenced, amongst others, by anticipated purchases ahead of the VAT increase on 1.1.2007. Half of the remaining EU15 countries suffered losses ranging from -2% in Belgium to -8.5% in Portugal whereas the other half went up: Sweden by +0.8%, Ireland by +1.8%, the Netherlands by +5.8%, Austria by +7.3% and finally Luxembourg by +8.9%. EFTA countries remained on a downturn trend (-2.7%). On the contrary, the eight new EU member states kept on growing (+4.5%) with only Hungary posting a negative result (-22.1%). Two-digit growths were recorded in Poland (+24.6%) and Baltic countries (Estonia +30.8%, Latvia +63.3%, Lithuania +39.4%)."

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Download official press release from ACEA (47kb .PDF file)