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New European car registration in December flopped with Volvo cars seeing some last minute falls

Tuesday, 17 January 2012
New car registrations in Europe fell by 6.4 percent in December, compared with 2010 according to latest from industry association ACEA. In Sweden registrations fell by 14.7 percent in December

Overall, 953,108 new vehicles were registered in Europe during the month.
Among major markets, Germany was the only one which was noted for growth, up 6.1 percent. Spain and Britain were at single-digit percentage declines, while Italy fell more than 15 percent, and France nearly 18 percent.

Registrations in Sweden showed a decrease of 14.7 percent in the last month. Volvo lost almost a fifth (-18.1 percent) of its sales in Europe in December. But speaking for the entire year Volvo's sales rose by 10.6 percent.

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A summary of the entire 2011 show a decline in registrations in the EU of 1.7 per cent to the total figure of 13.1 million. Thus, the number of registrations declined for four consecutive years.

In 2011, there were reduced car registrations in France and Britain with 2.1 and 4.4 percent. Declines in Italy and Spain were double digit.

Again, Germany was the exception among the larger countries, and this new car registrations rose by 8.8 percent for the full year. The German market is thus still Europe's largest with 3.1 million registrations.

The Swedish registrations increased by 5.3 percent to just over 300,000 last year.
By Scancomark.se Team




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