European new car registrations show uptick in August

ERJ staff report (DS)

Brussels -- From January to August, new car registrations across the EU reached 9 021 703 in number, or 3.5 percent less than in the first eight months of 2009. Of the most significant markets, France (+2.0 percent), the UK (+13.2 percent) and Spain (+21.9 percent) expanded, while Italy (-2.5 percent) and Germany (-28.7 percent) contracted. The steepest fall was noted in Bulgaria (-39.1 percent) and the highest increase in Ireland (+49.6 percent).

In August, France (-7.9 percent), the UK (-17.5 percent), Italy (-19.3 percent), Spain (-23.8 percent) and Germany (-27.0 percent) all recorded a considerable downturn. Traditionally a month with lower registration levels, August recorded a total of701,710 new car registrations (-12.9 percent).

In July, a double-digit contraction occurred in the main markets, ranging from -12.8 percent in France to -13.2 percent in the UK, -24.1 percent in Spain, -25.7 percent in Italy and -30.2 percent in Germany. Overall, 1 032 893 new cars were registered, or 18.6 percent less than in July last year.

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Press release from ACEA