EU car industry

car makers europe

New Car Sales In Europe Fell By 17% To 864,119 Units, The Worst November Figures Since Registers Began In 1993

Santander Corporate & Investment Banking | New car sales in Europe (EU+EFTA+UK) fell by 17% to 864,119 units, the worst November performance since the European Automobile Manufacturers’ Association began recording data in 1993. Registrations were only 0.8% higher than in the first 11 months of last year. Germany (-31.7%), Italy (-24.6%) and Spain (-12.3%) recorded double-digit falls and France a contraction of 3.2%. In contrast, car sales in the UK…

car market

Spain thrives in EU car market rebound

MADRID | By The Corner | A good gauge to measure EU consumer’s confidence, the regional car industry points to its recovery. Car sales increased by 8.4% in 1Q14 to 3.24 million of vehicles, while number plate registrations grew by double digits 10.6% in March to 1.44 million.