In March 2014, all major markets helped the overall expansion of EU car sales.
In March 2014, sales of new passenger cars in the EU increased for the seventh consecutive month. Registrations were up 10.6%.
However, in absolute figures, the 1,449,148 vehicles registered was the second lowest result to date for a month of March since ACEA, automaker’s trade group, began the tally in 2003 with the enlarged EU.
In the first quarter of 2014, new passenger car registrations increased by 8.4%, totaling 3,246,719 units.
In March 2014, all major markets helped the overall expansion of the EU market. The UK (+17.7%) and Spain (+10.0%) recorded double-digit growth, while France (+8.5%), Germany (+5.4%) and Italy (+5.0%) saw demand for passenger cars increase.
During Q1 of 2014, all major markets showed growth, leading to an overall 8.4% increase in EU markets. The increase in passenger car registrations during this period ranged from 2.9% in France, 5.6% in Germany, 5.8% in Italy to 11.8% in Spain and 13.7% in the UK.
