October remains flat in EU car market

Brussels – European passenger car registrations fell slightly, at 0.02%, totalling 1,104,506 units, according to the Brussels-based European Automobile Manufacturers Association (ACEA).

While Italy and Spain continued growth at 9.7% and 4.0% respectively, France and Germany registered declines of 4.0% and 5.6% each. The UK remained positive with a 1.4% growth.

Over the first ten months of 2016, car registrations in the EU totalled 12,348,502 units, an increase of 7.2%. All five major markets positively contributed to overall growth during this period….

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