Demand for new passenger cars in the European Union plunged 24 percent year-on-year to 726,491 units in January of 2021. It is the lowest reading since May and the lowest January total on record, as many countries in Europe were under coronavirus lockdown or tight restrictions. In addition, many markets also had one business day less than in January 2020. Nearly all 27 EU markets suffered double-digit losses last month, including Spain (-51.5 percent), followed by Germany (-31.1 percent) and Italy (-14 percent). France was the best performing major market with a slight drop of 5.8 percent, while car registrations in Sweden surged 22.5 percent. source: European Automobile Manufacturers Association (ACEA)
Car Registrations in European Union averaged 1157369.78 Units from 2003 until 2021, reaching an all time high of 1890664 Units in March of 2017 and a record low of 270682 Units in April of 2020. This page provides - European Union Car Registrations- actual values, historical data, forecast, chart, statistics, economic calendar and news. European Union New Passenger Car Registration - data, historical chart, forecasts and calendar of releases - was last updated on February of 2021.