Car registrations in Spain fell 6.3% until October

According to the Association of European Car Builders (ACEA), the number of registrations of cars and SUVs in the whole of Europe amounted to 13.33 million units in 10M2019, representing a decrease in y-o-y rate of 0.7%.

Analysts at Link commented that the Spanish auto market, with a 6.3% drop in the period, was the worse off in the top 5. In Italy, enrollments decreased 0.8% year-on-year in 10M2019, while in the United Kingdom registrations fell by 2.9%; in France, 0.3%. Germany was the only one of those markets where car registrations increased by 3.4%.

In October, car registrations in Europe reached 1.21 million units, representing an increase of 8.6% year-on-year.