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European car sales dipped in August to a new record low since 1990
By Finfacts Team
Sep 17, 2013 - 11:11 AM
New car registrations in the 28-member European
Union in August fell 5% from the same month a year ago, the European
Automobile Manufacturers' Association (ACEA
- Association des Constructeurs Europeens d'Áutomobiles)
said Tuesday. The sales year-to-date, were at a new record low since the series
began in 1990.
After a 5.0% increase in July, eight months into
the year, demand for new cars amounted to 7,841,596 units, or 5.2% less than in
the same period last year.
In July, Italy was the only major market to shrink (-1.6%), while growth reached
+0.9% in France, +2.1% in Germany, +12.7% in the UK and +14.9% in Spain. In
total, 982,544 new cars were registered in the EU, or 5.0% more than in July
In August, downturn prevailed across significant markets, resulting in an
overall 5.0% decline in the EU. The UK was the only major market to expand
(+10.9%), while the German contracted by 5.5%, the Italian by 6.6%, the French
by 10.5% and the Spanish by 18.3%. The EU* totaled 653,872 new car registrations
in the month of August.
From January to August, most major markets faced a downturn ranging from -3.6%
in Spain to -6.6% in Germany, -9.0% in Italy and -9.8% in France. The UK was the
only one to perform better than in the first eight months of 2012 (+10.44%). New
registrations fell by 5.2% over the period this year, totaling 7,841,596 units,
representing the lowest January to August level ever recorded**.
Germany's Volkswagen group was saw sales dip
11.2% in August, while France's PSA Peugeot Citroen slid 17.3%. Ford sales were
down 1.5%, and General Motors' European subsidiary Opel dropped 3.4%.
Luxury car makers however, did better this year
than last year, with Daimler, maker of Mercedes, selling 8.9% more cars and BMW
* EU27, data for Malta unavailable
** since the beginning of the series in 1990
Tables of brand and country sales [pdf]
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