EU passenger car market ends 2015 strongly

The European Automobile Manufacturers' Association has reported that December saw a strong surge in car sales and Croatia also posted a steady rise of 9.8%, with 1,855 new cars registered.

"In December 2015, the EU passenger car market posted a very strong uplift (+16.6%), amounting to 1,109,927 units and marking the 28th consecutive month of growth," the ACEA association said in a press release issued in mid-December.

"This is the highest percentage increase since the beginning of this positive trend. All major passenger car markets ended 2015 strongly, contributing significantly to the full-year positive result. Spain (+20.7%), Italy (+18.7%) and France (+12.5%) posted double-digit percentage gains during the month, followed by the UK (+8.4%) and Germany (+7.7%), which also performed better than in December 2014," according to the press release issued in Brussels.

The available data do not include Malta.

"In 2015, new passenger car registrations significantly increased (+9.3%), totalling 13,713,526 units. Nevertheless, this result is only now passing levels registered in 2010, immediately after the economic crisis. In other words, the trend is positive but, in absolute terms, volumes remain low.  Looking at the five EU major markets, Spain (+20.9%) and Italy (+15.8%) had the strongest growth in demand during the year, followed by France (+6.8%), the UK (+6.3%) and Germany (+5.6%), which posted a robust performance in 2015."

Last update: Tue, 19/01/2016 - 13:35

More from Europe

Germany, US, others offer to bolster NATO presence around Black Sea

Six NATO countries, including the United States and Germany, offered Wednesday to help bolster the alliance's...

Three earthquakes in Italy cause "apocalyptic" damage, but no victims

Three major earthquakes Wednesday struck a region in central Italy that had already been hit by a deadly seismic...

Belgium closes in on CETA deal as Thursday summit hangs in balance

Belgian regional governments were closing in on a compromise late Wednesday that would allow the country to approve...

Putin: Ukraine cutting power off in Crimea was "serious crime"

Ukraine's shut-off of electricity and drinking water to Crimea following Russia's annexation of the peninsula was "...

Russia drops request for navy to use Spanish port under NATO pressure

Russia has withdrawn its request for warships to use the Spanish port of Ceuta on the Mediterranean Sea, the Russian...