Brussels, 16/02/2012 – In January, demand for new cars dropped by 7.1% in the EU*, compared to the same month a year earlier. In total, 968,769 new registrations were recorded in the region*, with on average one more working day than in January 2011.
Registrations varied per market: France (-20.7%) and Italy (-16.9%) recorded a double-digit downturn, while Spain posted a 2.5% growth. The German (-0.4%) and British (-0.0%) markets remained stable. The biggest contraction was noted in Portugal (-47.4%) and the largest increase in Romania (+86.4%).
* EU27, data for Malta unavailable
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Source: http://www.acea.be/news/news_detail/passenger_cars_registrations_down_7.1_in_first_month_of_2012/
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