EU car sales lead 15 million barrier in 2017: Data

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(AFP): The bloc’s industry body calculated in new data published today that the number of new cars sold in Europe topped the 15-million mark for the first time in a decade in 2017.

The European Automobile Manufacturers’ Association (ACEA) said in a statement that new car registrations rose for the fourth successive year, growing by 3.4 percent to 15.1 million units last year.

The last time the number had exceeded that was in 2007 when a total 15.9 million new cars were registered.

The strongest increases in sales last year were seen in Italy and Spain, where new registrations were up by 7.9 percent and 7.7 percent respectively.

In December alone, however, new car registrations were down by 4.9 percent across the EU as a whole, largely because there was one working day less than in December 2016.

Sales fall in almost all European markets in December, apart from Spain where new registrations were up 6.2 percent.

The data showed that German giant Volkswagen remains Europe’s biggest carmaker, commanding a market share of 23.6 percent.

 

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