The European new car market saw growth of 2.7% to 8.66 million units, despite the UK recording the biggest slow down in registrations across the continent in the first half of 2018.
The UK was once again able to contribute to new car registrations growth in the European market as the region saw volumes rise by 9% overall.
Europe’s continued growth in new car registrations “could become dependent on a select few markets” after 13 of the region’s 27 markets register sales declines, Jato Dynamics has revealed.
New car registrations have reached their highest level since 2008 as a result of double-digit growth in key markets such as Germany, Spain, the Netherlands, Belgium and Poland.
The strength of Europe’s car retail revival was enough to override the UK’s decline as registrations across the region rose by 3.1% to 15.6m units during 2017.
A surge in the popularity of SUVs has been credited for a 5.2% rise in registrations across Europe as the sector claimed almost one-third of all new car sales during November.
European car registrations were said to have demonstrated ‘resilience’ with 5.6% rise in October on the back of a 2.2% decline the previous month.
European car registrations suffered a 2.2% decline in September with Jato Dynamics partly blaming “Brexit uncertainty” for the faltering market.
New car registrations grew by 5.4% across Europe during August 2017 as the UK suffered a 6.4% fall for the same period, according to figures published by Jato Dynamics.
The UK was the only market from the big five in Europe to see a decline in new car registrations over the first half of this year.
European new car registrations contrasted those in the UK with an overall rise of 7.5% during May.
European car registrations fell by 7.1% in April as diesel continued to lose popularity among consumers, according to reports by Jato Dynamics.
European new car registrations fell in Europe in April 2017, down 6.6% to 1,191,034 units.
European consumers made last month the second best February for new car registrations since 2008.
New car registrations in Europe in January were up 9.4%, to 1.2 million units, compared to the same month the previous year.
Car manufacturers enjoyed the second highest sales in Europe in 2016, with SUV registrations at an all-time high.
New car registrations in 29 European markets declined by 0.5% compared to the same month last year, with 1,140,978 units registered.
New car sales in Europe have suffered a fall in October - but the big five markets still experienced their best year-to-date registrations since 2009.
New car registrations in Europe increased by 7.1% in September compared to the same month last year, with 1,495,815 units registered.
Registrations in Europe’s ‘big five’ markets rose 6.2% in September - with 1,171,795 units registered - compared to the same month last year.
