In April, the
EU* market of new passenger cars grew for the first time (+1.7%) since September
according to the European Automobile Manufacturers' Association (ACEA -
Association des Constructeurs Europeens d'Áutomobiles).
New car registrations in Europe in
2012 were at the lowest since 1995 as the number of new cars registered
fell 8.2% to a total of 12.05m vehicles.
The region counted on average two more working
days compared to the same month last year, which would account for the increase.
In absolute figures, it is the third lowest level of new registrations for a
month of April, with the historic low for April reached in 2012 (1,021,358
units). A total of 1,038,343 units** was recorded in the EU in April this year,
or 1.7% more compared to the low level of April last year. Four months into
the year, new car registrations amounted to 4,026,946 units, or 7.1% less
than in the same period a year ago.
results were varied across markets. Looking at the major ones, Germany (+3.8%),
Spain (+10.8%) and the UK (+14.8%) expanded, while France (-5.3%) and Italy
(-10.8%) faced a downturn.
From January to April,
the UK remained the only major market to post growth (+8.9%). Spain (-6.7%),
Germany (-8.5%), France (-12.3%) and Italy (-12.3%) all saw their demand
decline, leading to an overall 7.1% decrease in the EU*.
The rebound was dampened by big dips in France
and Italy, posting drops of 5.3% and 10.8% respectively.
Carmakers from those two countries were the ones
to suffer most from the ongoing sales crisis. France's PSA Peugeot Citroën group
sold 10.1% fewer cars in April, while Italy's FIAT group sales dropped 10%.
The biggest gains by percentage were reported by
Jaguar Land Rover - up 16.4% - and Mitsubishi which sold 13.1% more cars,
according to the ACEA data.
Detail [pdf: including brands]
* EU27, data for Malta unavailable
** since the beginning of the series in 1990
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