Car sales down by a quarter across Europe in November

ERJ staff report (DS)

Brussels -- Registrations of new passenger cars in Europe fell by 25.8% in November compared to the same month of last year, declining for the seventh month in a row, mirroring the financial and economic crises. The drastic fall in November brings to 7.1 percent, the decline in sales for the first eleven months. In units, European November registrations declined to 932,537 cars. Cumulatively from January to November, 13,788,256 new cars were registered in Europe.

Furthermore, the pace of the decline is increasing. Sales in the months of September, and October were down by 8.2 percent and 14.5 percent respectively. The November figure of -25.2 percent is the worst since 1999.

The slowdown was shared equally between western Europe, where sales fell by 26 percent and Eastern Europe where sales were down 22.6 percent. All markets decreased except Finland, Poland and the Czech Republic. Ireland and Romania both saw registrations fall by over 50 percent this month compared to a year ago. Spain saw registrations fall by 49.6 percent, while the figure for the UK was 36.8 percent.

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Press release from ACEA