The European car market in November increased by 5%

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The European car market in November increased by 5%

As reported by Ukrautoprom, in November 2019, the market of passenger cars in the EU increased by 4.9% and amounted to 1 175 959 units. To a large extent this is the result of a low comparison base, as in November 2018 was a sharp decline in registrations at a rate of 8.0%.

With the exception of the UK (-1,3%), all major European markets showed growth last month: Germany (+9,7%), Spain (+2.3 percent), Italy (+2.2%) and France (+ 0.7 percent).

The first place among countries in the number of registrations of new cars retained the Germany – 299 127 cars.

In second place is France, where in November it was 172 731 auto.

Completes the leadership Troika of the UK, where it was sold 156 621 new cars.

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As for European manufacturers, the first line has traditionally been VW Group, which within one month has sold in the EU 301 524 cars, while the growth amounted to 13.4% compared to November.

In the second place PSA Group with a score of 171 932 sold cars, which is 7.2% lower than a year ago.

And the third result from the RENAULT Group – 119 998 pieces (growth of 4.3%).

For eleven months of the current year, new car registrations across the European Union almost back to the level achieved a year earlier (-0.3 percent) due to the strong results of the last three months. However, four of the five major EU markets declined in the period from January to November, especially Spain (-5,7%) and the UK (-2,7%). Germany (+3.9 percent) remains the only large EU market, which demonstrated growth in 2019.

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