4:17 am, November 18, 2011
OCTOBER saw the UK new car market perform stronger than its nearest rival markets, new figures from the ACEA show.
The UK market posted a 2.6 per cent growth in new car registrations in October.
France posted a 2.4 per cent rise, Germany – Europe’s biggest market – was up 0.6 per cent, while Italy returned a 5.5 per cent fall with Spain posting a 6.7 per cent drop.
The European Automobile Manufacturers’ Association (ACEA) figures also show that from January to October, Germany was the only major market to post significant growth (up 9.8 per cent).
France saw its demand slightly increase by 0.4 per cent, while the UK ( down 4.5 per cent), Italy (down 10.8 per cent) and Spain (down 19.7%) all faced a downturn.
The EU recorded in total 11,126,436 new cars ten months into the year, which is 1.2 per cent less than in the same period last year.
