EU new car registrations down for 14th consecutive month

14 December 2012 16:32  [Source: ICIS news]

LONDON (ICIS)--European registrations for new cars have fallen for the 14th consecutive month, statistics showed on Friday.

New car registrations fell by 10.3% in November in the EU compared with the same month a year ago, data by the European Automobile Manufacturers' Association (ACEA) showed.

In total, 926,486 new cars were registered in November. From January to November, 11.25m new cars were registered in the EU, 7.6% less than in the same period last year. 

New car registrations in November were up 11.3% in the UK, while declining in all other significant markets: -3.5% in Germany, -19.2% in France, -20.1% in Italy and -20.3% in Spain.

($1 = €0.77)  

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By: Janos Gal
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