Cars, registrations are rising in October. Even Fca growing – Repubblica.it

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MILAN – October positive for the automotive sector in Europe. Last month, registrations increased by 8.7%, reaching 1,177,746 units. This is the highest figure in October ever recorded since 2009. In the same month of last year, registrations had decreased by 7.3% after the entry into force of the Wltp test, establishing a low basis of comparison for 2019. As a result, almost all EU countries recorded increases in October, with the exception of Cyprus and the United Kingdom. The FCA figure was also positive, with sales up 2.6% even though the group's market share in Europe dropped from 5.9% to 5.6%.Looking at individual countries, four of the five main EU markets recorded strong increases: Germany (+ 12.7%), France (+ 8.7%), Italy (+ 6.7%) and Spain (+6 , 3%), while car sales decreased in the United Kingdom (-6.7%).
From January to October, new car registrations decreased by 0.7% compared to the first 10 months of 2018. Although demand increased throughout the EU in September and October, Germany (+ 3.4%) remained the only major European market to record growth so far in 2019. Conversely, Spain (-6.3%) and the United Kingdom (-2.9%) recorded the strongest declines at 10 months from the beginning of year, while the Italian (-0.8%) and French (-0.3%) markets almost recovered the volumes of 2018.

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Topics:
Car
registrations



Source link
https://www.repubblica.it/economia/2019/11/19/news/auto_salgono_le_immatricolazioni_a_ottobre_anche_fca_in_crescita-241393867/

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