Brussels – The EU passenger car market continued to grow in the month of October albeit at a slower pace of 2.9 percent, compared to previous months’ high of nearly 10 percent.
EU car demand positive despite slow-down
With 8.6 percent of growth, Italy led the growth table, followed by Spain at 5.2 percent, Germany at 1.1, and France at 1 percent. The UK market declined by 1.1 percent for the first time in 43 months.
In a 10-month review, passenger car registrations increased 8.2 percent in Europe, surpassing 11.5 million units.