EU car registrations climbed in January
Brussels - ACEA, the European federation of car makers has released data for January. The grouping says "Total new passenger cars registrations in Europe (EU-23 + EFTA) in January 2006 amounted to 1,259,267 units, which represent an increase of +2.6% (and +3.0% in the EU-15) with respect to January 2005. The figure, although influenced by one extra working day across the entire region, is an encouraging start of the year for the sector.
With respect to national situations, three out of the five main markets reported growth: Germany (+10.8%), Italy (+10.7%) and France (+2.8%). Spain (-0.3%) and the U.K. (-13.3%) ended the month with a loss. Among the other EU-15 countries, only three reported decreases, while the seven others posted positive results, with Belgium (+14.1%) leading the pack thanks to the positive effects of the Brussels Motor Show.
The EFTA loss was driven by Switzerland (-1.8%), while among new EU Member States, Latvia (+58.5%), Lithuania (+55.2%), Estonia (+22.1%) and Hungary (+12.1%) reported growth, with Poland (-16.5%) still leading the list of countries which posted losses.
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List of press releases from ACEA
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