UK boosts new car market in Europe

Total European new car registrations rose 3.1 per cent last month, mostly thanks to growth in the UK. According to latest figures released by ACEA*, the rise was caused ‘mainly by the exceptional result in the UK’ where registrations soared 25.4 per cent in September.So far this year the UK market has reported growth each month, bucking a downward trend across Europe. Total registrations in Europe fell 0.5 per cent from January to September, but in the UK the market has grown by 9.2 per cent. Registrations dropped by 1.4 per cent in Italy and 2.1 per cent in Germany over the same period.Following twelve months of growth the UK new car registrations are expected to ease in the final quarter of 2001. However total registrations, which stand at 1,962,700 units, are set to hit 2.3 million by the end of the year, and the market is still on course to beat the previous record of 2,300,944 units set in 1989.*ACEA – Association des Constructeurs Européens d’Automobiles is the European organisation that represents national automotive trade associations. If you need it, you can find the figures broken down by country on the ACEA website: www.acea.beClick to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window) read more