ACEA : Passenger car registrations: +10.1% first two months of the year; +14.3% in February
The European Automobile Manufactures Association (ACEA in French) rapport In February 2016, the EU passenger car market posted a highly accelerated increase, marking the 30th consecutive month of growth.
Registrations during the month grew (+14.3%) compared to February 2015, totalling 1,056,902 units.
Among the major markets, Italy (+27.3%), France (+13.0%), Spain (+12.6%) and Germany (+12.0%) recorded strong performances in February, all posting double-digit percentage growth.
From January to February 2016, new passenger car registrations increased by 10.1%, totalling 2,118,273 units.
All major markets posted growth, contributing to the overall upturn of the EU market. Italy (+22.6%) and Spain (+12.4%) recorded the strongest performances over the period, both posting double-digit percentage gains.
Also the French (+8.7%), German (+7.8%) and UK (+4.7%) passenger car markets grew during the first two months of 2016, although at more modest rates.