EU passenger car demand grows in May

Brussels – The EU passenger car market posted a 0.1% year-on-year increase in May, reversing the negative trend established in the previous eight months.

Demand in the region was mainly driven by central European countries, where registrations went up by 6.2% during May, according to the European Automobile Manufacturers Association (ACEA).

The five major Western European markets posted mixed results: demand fell by 7.3% in Spain, 4.6% in the UK and 1.2% in Italy, while Germany and France witnessed year-over-year growths of 9.1% and 1.2% respectively.

Over the…

To read more,please login or register below.

This is the first step to more free
content, user offers, subscriptions
and more.
Log in here using the Email Address
and Password you signed up with