European passenger car market kept contracting in February (-6.7%), marking the eighth negative month in a row, with 719,495 units overall.
Looking at the biggest markets, Italy recorded double digit losses (-22.6%, with 110,869 registrations, nearly 32.3 thousand less than in February 2021) as well as France (-13.0%), while Spain and Germany posted growth (respectively +6.6% and +3.2%).
In the first two months of 2022, demand for new passenger cars went down by 6.4%, totaling 1,401,960 units sold all across Europe.
From January to February, Italy again showed the worse decline, with -21.1% (with 218,716 cars registered, about 58.6 thousand less than in the same period last year), followed by France (-15,7%), while Germany (+5.6%) and Spain (+4.2%) kept growing.
