National Franchised Dealers Association (NFDA), has commented European Automobile Manufacturers’ Association (ACEA) April 2017 registration data which shows a 6.6% decline when compared to the same month in 2016.
Sue Robinson, Director of the NFDA, commented: “With Easter falling during the month and following record performances in the first quarter of the year, the decline of -6.6% in EU passenger car registrations seen in April was expected.”
The ACEA figures for April 2017 confirm that a total of 1,191,034 units were registered in the EU in April 2017, 6.6% less than the year before. Only Spain, among the big five recorded growth (of 1.1%). The UK’s market dropped by -19.8%, followed by Germany (-8.0%), France (-6.0%), and Italy (-4.6%).
However the year to date figures paint a more positive picture, with overall demand up 4.7% on last year, with a total of 5,332,854 units registered. From January to April, Italy (+8.0%) and Spain (+6.1%) saw the strongest increases, followed by Germany (+2.5%), France (+2.0%) and the UK (+1.1%).
Robinson concluded: “Positively, year to date demand for new cars in Europe remains higher than last year in line with UK’s results. After a very strong 2016, we expect markets to continue to stabilise over the coming months.”
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