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European new car market continued to shrink in October

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In October, the EU market of new passenger cars continued to shrink, although at a slightly slower pace than in the previous months, according to data released by the European Association of Automobile Manufacturers (ACEA). less in than in the first ten months of 2011. less in than in the first ten months of 2011.

Market 231
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April new car sales in Europe post gain for first time since Sep 2011 due to two more working days

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In April, sales of new passenger cars in Europe grew for the first time (+1.7%) since September 2011, according to figures from the European Association of Automobile Manufacturers (ACEA). In April, results were varied across markets. From January to April, the UK remained the only major market to post growth (+8.9%).

2011 210
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Fiat Group and Guangzhou Automobile Group Creating JV for Chinese Market

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The agreement was signed in Rome by Zhang Fangyou, Chairman of GAC Group, and Sergio Marchionne, CEO of Fiat Group, in the presence of the President of the People’s Republic of China, Hu Jintao, and the Prime Minister of Italy, Silvio Berlusconi. Fiat Group and Guangzhou Automobile Group Co. Click to enlarge.

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EU new car registrations down 9.7% in February year-on-year

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compared to February 2011, according to the European Automobile Manufacturers’s Association. In February, demand for new cars dropped in all major markets, except Germany where registrations remained stable (-0.0%). Spain (-2.1%), the UK (-2.5%), Italy (-18.9%) and France (-20.2%) all saw their markets shrink.

Spain 258
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Passenger car demand in Europe down for 14th consecutive month in November

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compared with November 2011 which counted on average the same number of working days in the region, according to figures from the European Association of Automobile Manufacturers (ACEA). in the UK, while declining in all other significant markets: -3.5% in Italy; and -20.3% In total, 926,486 new cars were registered.

Spain 218
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New passenger car registrations in Europe down 8.2% in 2012; lowest since 1995

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contraction of the EU market (year-on-year) is the most important experienced since the 16.9% downturn in 1993, according to the European Automobile Manufacturers Association (ACEA). In December 2012, there were on average two fewer working days in the region than in the same month in 2011. in Italy and -23.0%

2012 225
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Registrations of commercial vehicles in EU down 11.8% in March, 9.6% in 1st quarter

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In March, new commercial vehicle registrations dropped by 11.8%, totaling 184,235 units in the EU, according to the European Automobile Manufacturers’ Association (ACEA). With the exception of Germany (+0.3%), all other significant markets shrank, from -7.0% and Italy by 37.7%. less than in the same period in 2011.