European new car registrations returned to growth in August.
Registrations in Europe’s ‘big five’ markets saw an increase of 9.3% in August, as market conditions improved following the 2% decline seen in July.
Registrations across the European new car market slumped by 2.3% in July – it’s first fall for 34 months.
Volkswagen has suffered Europe’s biggest market share drop of 2.4% during July but remains the regions’ largest car manufacturer as Europe suffers 2% fall in new car sales.
New car registrations in 29 European markets during May were 15.1% higher than the same month in 2015.
Germany, Italy, France and Spain all experienced double-digit growth in car registrations during May, with a total of 969,100 up 15% on the previous year.
The UK saw Europe’s third lowest growth of 2% against a total market up 8.9% year-on-year according to JATO Dynamics’ report on the region's new car registrations for April.
New car registrations in Europe’s biggest markets grew by 8.6% to 958,400 units in April 2016. It was the second best April for 10 years.
New car sales in Europe were up 8.1% year-on-year in the first quarter of 2016, to 3.93 million units.
European car sales are experiencing an SUV sales boom which has seen a 25% rise in Q1 of 2016, figures published by JATO Dynamics reveal.
European new car registrations grew by 13.8% in February 2016, marking the 30th consecutive month of year-on-year growth.
Volkswagen registered the only negative change among the top 10 best-selling brands in January as the European market saw the 29th consecutive month of year-on-year growth in new car registrations.
In 2015 the European car market totalled 14.2 million new registrations, an increase of 9.3% over 2014 full year results; the highest since 2009.
European new-car sales in November saw the 27th consecutive month of growth with volumes up 13.5%, the second highest this year.
European new car registrations volumes increased by 2.4% from October 2014 to 2015 to 1.14 million cars.
The European new car market increased by 9.7% in September year-on-year to 1.27 million units, led by growth in the UK, Spain and Italy.
The European new-car market recorded growth of 11.5%, the third time this year double-digit growth has been achieved.
The European new-car market grew by 9.1% in July compared to a year earlier, just above the 8.6% growth so far in 2015.
New car sales in Europe were 6.4% higher in April 2015 than in the same month of 2014.
Data analysts JATO Dynamics and LMC Automotive have formed a partnership that will provide market insight to clients across the automotive sector.
