Rudolph Hellmann Rudolph Hellmann

30 November 2012

Europe car sales drop to 22-year low... ...but UK see’s an increase in sales

According to industry analyst the European Automotive Manufacturers’ Association (ACEA), the UK was the only major car market to see an increase in sales compared with those in 2011.


Figures from the Society of Motor Manufacturers and Traders (SMMT) also report that car registrations rose by 8.2% to 359,612 in September 2012, compared with September 2011, surpassing dealer expectations by more than 26,000 vehicles.

Britain’s car industry provided a welcome boost to the economy

Once business and fleet sales were removed, it pointed to a
better-than-expected demand among households, with new carregistrations up by 14.2% compared with September 2011. In comparison, just 688,168 new cars were registered in September 2012 across the EU, down by 8.9% year-on-year marking an 11th consecutive monthly fall.

One in three car sales across Europe are in Germany, however even they experienced a slide in sales, which fell by nearly 5%. Sales in France were down by 11%, Italy dropped by 20% and Greece tumbled by a massive 47%, according to industry analysts ACEA who compiled the data.