Passenger car: registrations down 1.2% from January to October

Brussels, 16/11/2011 – In October, new car registrations in the EU* decreased by 1.8%, totaling 1,005,976 units. From January to October, the region* recorded 11,126,436 new cars, or 1.2% less than in the first ten months of 2010.

In October, the French and British markets performed similarly, posting a 2.4% and 2.6% growth respectively. Demand in Germany, the largest market, remained stable (+0.6%), while results in Italy (-5.5%) and Spain (-6.7%) were negative, leading to an overall 1.8% decline in new registrations.

From January to October, Germany was the only major market to post significant growth (+9.8%). France saw its demand slightly increase by 0.4%, while the UK (-4.5%), Italy (-10.8%) and Spain (-19.7%) all faced a downturn. The EU* recorded in total 11,126,436 new cars ten months into the year, which is 1.2% less than in the same period last year.