The European passenger car market expanded for the 16th consecutive month with 6.7% year-on-year in November, an industry group report revealed on Wednesday.
New passenger car registrations in the EU hit 885,580 units in November, the European Automobile Manufacturers’ Association (ACEA) said.
“Despite a relatively low base of comparison, solid growth persisted, marking the sixteenth consecutive month of expansion,” read the statement. Two of the largest markets saw double-digit percentage gains – Italy (16.2%) and France (14%).
On the other hand, the German car market contracted by 5.7% from a year earlier in November. In November, EU registrations of new battery-electric cars surged by 16.4% to 144,378 units.
In January-November, new car registrations in the 27-member bloc grew 15.7% from last year, reaching nearly 10 million units.
All markets expanded during Jan.-Nov. period, except for Hungary, the ACEA said. The four largest markets notably contributed to this trend: Italy (20%), Spain (17.3%), France (16.2%), and Germany (11.4%), read the statement.—AA
