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Friday, 16 November 2018

European car market: -7.3% in October, +1.6 in ten months

Demand for new passenger cars in the EU kept falling in October (-7.3%), still as a consequence of the introduction of the new WLTP test. All main national markets declined: the worst performance was recorded by Germany and Italy, both losing 7.4% (registrations in Italy reached 146,655 units, nearly 11,800 less than in September 2017), followed by Spain (-6.6%), UK (-2.9%) and France (-1.5%).

In ten months European passenger car market expanded by 1.6%, with over 13 million units sold overall (13,036,382). Looking at the five biggest markets, Spain posted the best result (+10.0%), followed by France (+5.7%) and Germany (+1.4%), while registrations fell in Italy (-3.2%, with 1,638,364 units sold, more than 54 thousand less compared to the same period last year) and UK (-7.2%)

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