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Wednesday, November 10, 2010

new car registrations in the European Union

In March 2010, new car registrations in the European Union rose 10.8% over the same month the previous year according to a statement released by the ACEA. They are also up in the first quarter of 2010 of 9.2% compared to 2009.

These increases were due primarily not government incentives thrown at the most important markets such as scrapping. This represents for March registered 1,637,478 new cars.

In March, the United Kingdom is the largest market of the European Union with 400,000 new cars, or 26.6% more than in 2009 and is Spain which has one of the applications have jumped more (63.1%). Registrations in Italy increased by 19.6% and rose by 17.9% in France.

However, registrations in Germany shrank by 26.6% to 294,375 units, due to stop its program of scrapping. The results in other European countries have been more mixed, with an increase of 40.6% in the Czech Republic and a decrease of 53.3% in Hungary.

Throughout the first quarter of the year, there were 3,671,871 new cars registered. Again, Germany fall (-22.8%), but in absolute terms, the country ranked first (670,410 units), followed by Italy (666,231 units), the United Kingdom (611,548) France (594,720 units) and Spain (286,167 units). This is still Spain who knows one of the largest increases (+44.5%).

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