In the EU are growing car sales: why it happens

В ЕС растут продажи автомобилей: почему это происходит

In September 2019 in the EU was 1.2 million new cars. This is 14.5% more than in September last year. Such significant growth (in Europe usually the dynamics of a few percent) in annual terms is the result of a low comparison base, as the register fell significantly in September 2018 (-23,5%) after the introduction of new test procedures for compliance with vehicle fuel efficiency standards and environmental WLTP.

As a result, in the reporting month, all the countries-EU members (except Bulgaria) announced an increase in registrations. Four of the five major EU markets recorded double-digit growth: Germany (+22,2%), Spain (+18.3 percent), France (+16.6%) and Italy (+13.4 per cent). At the same time in the UK, the market recovery was negligible (+1.3 percent) since the uncertainty due to Brexit continues to affect consumer confidence.

Despite this, last month the UK went to Germany and came in first place in the number of registrations of new cars – 343 255 cars. The September result Germany – 244 622 registered cars. Completes the leadership Troika of France, where it was sold 173 443 new cars.

As for European manufacturers, the first line has traditionally been VW Group, which within one month has sold in the EU 402 250 cars, while the increase amounted to 47% compared to last year’s September based on the Mobility Vans For Sale dealerships reports. In second place – PSA Group with a score of 205 742 vehicles sold, which is 3.9% higher than a year ago. And the third result from the RENAULT Group – 121 461 pieces (growth of 28.1%).

In just nine months of 2019, the number of new car registrations in the EU decreased by 1.6% compared to the same period last year. Despite the recovery in demand across the European Union in September, Germany was the only major market that showed a positive result (+2.5%) in this year. Other major automotive markets of the EU there was a fall in demand.

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