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May 24, 2021 11:45 AM

EU new car registration surges

European Rubber Journal Report
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    BRUSSELS—New car registrations surged 218.6 percent year-on-year in the European Union during April, in large part because of last year's slump.

    At 862,226 units, last month's sales volume was almost 300,000 units lower than the figure recorded in April 2019, according to the latest figures published by the European Automobile Manufacturers' Association.

    Many EU markets posted double- or even triple-digit percentage gains in April, led by Italy with a 3,277 percent uplift year-on-year, said ACEA 19 May.

    Other major markets posted strong gains, including Spain (1,788 percent), France (569 percent) and Germany (90 percent).

    Over the four months to end of April, EU demand for passenger cars increased by 24.4 percent to reach 3.4 million units registered in total, with the last two months providing a substantial boost.

    Italy (68.4 percent) and France (51 percent) posted the biggest gains.

    In addition, positive April results brought the cumulative performances of Spain (18.8 percent) and Germany (7.8 percent) into positive territory.

    Related Article
    EU new car sales drop 19 percent in February
    EU car registrations down 26 percent in November
    EU new-car demand declines after September pick-up
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