Passenger car regs down 1.4% from Jan-Nov - ACEA
ERJ staff report (LMH)
Brussels -- In November, demand for new cars in the EU, excluding Cyprus and Malta, decreased by 3.5 percent, amounting to 1 030 414 units, according to the ACEA (European Automobile Association).
Eleven months into the year, a total of 12 157 119 new registrations was recorded, or 1.4 percent less compared to the period January-November 2010.
In November, Germany was the only major market to post growth (+2.6 percent), ACEA said in a 16 Nov news release. Downturn ranged from -4.2 percent in the UK to -6.4 percent in Spain, -7.7 percent in France and -9.2 percent in Italy. Overall, the EU market was down 3.5 percent compared to the same month last year.
From January to November, new car registrations totalled 12 157 119 units in the EU. While the German market expanded by 9.1 percent, results in France (-0.3 percent), the UK (-4.5 percent), Italy (-10.6 percent) and Spain (-18.8 percent) were all negative, leading to an overall 1.4 percent downturn in the region.
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Press release from ACEA
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