New Passenger Car Registrations European Union1 in July & August
Passenger car registrations: -32,0% - eight months into 2020; -5,7% in July & -18,9% in August
We present the ACEA report on registration of new passenger cars in the EU*
In July 2020, registrations of new passenger cars in the European Union saw a relatively small decline of 5.7% compared to the same month last year. Seven of the 27 member states posted growth in July, including France (+3.9%) and Spain (+1.1%). Outside the EU perimeter, the United Kingdom (+11.3%), Iceland (+44.5%) and Norway (+6.5%) also showed first signs of recovery.
During the month of August, however, the EU car market posted a stronger decline (‐18.9%) again, although less dramatic than earlier in the year. With the exception of Cyprus (+14.1%), all countries in the region recorded losses compared to August 2019. Looking at the four major EU markets, Italy performed best, with a slight drop of 0.4%, while the strongest declines were seen in Germany (‐20.0%) and France (‐19.8%).
