EU car registrations rise 2.5 percent in first two months

Brussels - Total new passenger cars registrations in Europe (EU-23 + EFTA) in February 2006 amounted to 1.079 million units,

which represent an increase of +2.1% (and +2.3% in the EU-15) with respect to February 2005. With an almost equal number of working days throughout the region (only Portugal had one extra trading day), these figure seem to confirm an encouraging start of the year. The cumulative result for the first two months of the year shows an increase of +2.5% for Europe and of +2.7% for the EU-15.

The positive February figure was reached despite the loss reported by three out of the five main markets. Spain (-2.3%), Germany (-1.9%) and the United Kingdom (-1.4%) suffered losses, while Italy (+6%) and France (+0.6%) reported growth. Among the EU-15, only three other countries posted losses, while the remaining seven ended the month with increases, comprised between +20.8% in Belgium (still under the boosting effect of the Brussels Motor Show) and +3.5% in Greece.

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