EU passenger car market ends 2015 strongly

The European Automobile Manufacturers' Association has reported that December saw a strong surge in car sales and Croatia also posted a steady rise of 9.8%, with 1,855 new cars registered.

"In December 2015, the EU passenger car market posted a very strong uplift (+16.6%), amounting to 1,109,927 units and marking the 28th consecutive month of growth," the ACEA association said in a press release issued in mid-December.

"This is the highest percentage increase since the beginning of this positive trend. All major passenger car markets ended 2015 strongly, contributing significantly to the full-year positive result. Spain (+20.7%), Italy (+18.7%) and France (+12.5%) posted double-digit percentage gains during the month, followed by the UK (+8.4%) and Germany (+7.7%), which also performed better than in December 2014," according to the press release issued in Brussels.

The available data do not include Malta.

"In 2015, new passenger car registrations significantly increased (+9.3%), totalling 13,713,526 units. Nevertheless, this result is only now passing levels registered in 2010, immediately after the economic crisis. In other words, the trend is positive but, in absolute terms, volumes remain low.  Looking at the five EU major markets, Spain (+20.9%) and Italy (+15.8%) had the strongest growth in demand during the year, followed by France (+6.8%), the UK (+6.3%) and Germany (+5.6%), which posted a robust performance in 2015."

Last update: Tue, 19/01/2016 - 13:35
Author: 

More from Europe

Slovenian interior minister says Geneva convention outdated

Slovenia will not let others run its asylum policy and mange its borders, and the Geneva convention on refugees is...

Trump win causes right-wing hearts to soar at meeting in Germany

Looking west the day after US President Donald Trump's inauguration, European right-wing party leaders who had...

Hundreds protest in Berlin in solidarity with US Women's March

Hundreds are staging a demonstration for women's rights in front of the US embassy in Berlin, on the same day that a...

Five dead, 23 missing after avalanche hits Italian hotel

The death toll in an avalanche that buried a hotel in Italy earlier this week has risen to five and 23 people are...

Official: Attack was imminent, possibly on Vienna underground

Police foiled an imminent attack, possibly on the Vienna underground, when they arrested a radicalized 18-year-old,...