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Slowdown signs - EU passenger cars registrations down by 9pct YoY in May
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Friday, 18 Jun 2010
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European Automobile Manufacturers' Association has announced that demand for new cars in the EU declined for the second month this year in May 2010, down by 9.3% YoY, reflecting the end to government support schemes on the one hand and the further challenging economic situation on the other. Five months into the year, the EU counted 1.9% YoY more vehicles than over the same period a year ago. The cumulative total amounted to 5,943,096 new cars.

In May 2010, 1,129,508 vehicles were registered in the EU. While Germany registered the most cars, it also recorded the biggest decrease (-35.1%) in registrations of all major markets, followed by Italy (-13.8%) and France (-11.5%). The UK (+13.5%) and Spain (+44.6%) increased registrations compared to the low levels observed last year. Slovakia saw its market shrink the most (-41.8%) while Ireland expanded the most (+70.6%).

In January to May 2010 period, new car registrations totaled 5,943,096 units. Of the most important markets, Germany was the only one recording a downturn (-27.7%). France (+7.2%), Italy (+7.9%), the UK (+22.0%) and Spain (+43.5%) all posted growth. The largest increase was noted in Portugal (+56.3%) while the steepest decline was found in Romania (-49.0%).

CountryMay '10May '10ChangeYTD '10YTD '10Change
Austria 2905729732-2.3%1367181299265.2%
Belgium 477253797625.7%26633122946916.1%
Bulgaria 12912173-40.6%584810716-45.4%
Czech 158851427711.3%704886294412.0%
Denmark 12174934230.3%573814349131.9%
Estonia 76966914.9%30754183-26.5%
Finland 10701723747.9%502024417513.6%
France 186268210442-11.5%9719059063607.2%
Germany 249708384578-35.1%11795321632294-27.7%
Greece 1192825997-54.1%8374189577-6.5%
Hungary 33884512-24.9%1815533877-46.4%
Ireland 8677508670.6%594754190641.9%
Italy 163700189878-13.8%9920879197637.9%
Latvia 344356-3.4%14921992-25.1%
Lithuania 658671-1.9%26143201-18.3%
Luxemburg5158447915.2%24522224449.3%
Netherlands 371073085720.3%21971518575218.3%
Poland***25638253261.2%130036142009-8.4%
Portugal 192321311346.7%892105708756.3%
Romania 865711475-24.6%2635151653-49.0%
Slovakia 49308469-41.8%2155630943-30.3%
Slovenia 5551477816.2%267402426610.2%
Spain 1028737116044.6%48267733636743.5%
Sweden 249941821537.2%1098098040136.6%
UK 15309513485813.5%91343674869122.0%
EU 2711295081245656-9.3%594309658334871.9%
EU 1510623971172950-9.4%563674154677033.1%
EU 10*6711172706-7.7%306355365784-16.2%
Iceland 390185110.8%79053946.6%
Norway 9896742133.4%508503416648.8%
Switzerland**25199230079.5%1162851070588.6%
EFTA354853061315.9%16792514176318.5%
EU 27*+ EFTA11649941276269-8.7%611102159752502.3%
EU 15 + EFTA10978821203563-8.8%580466656094663.5%



(Sourced from www.acea.be)

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