EU Car Sales Rose in September
October 16 2019 - 2:29AM
Dow Jones News
By Max Bernhard
New car sales in the European Union rose in September, with most
of the bloc's major markets recording double-digit percentage
growth after last year's sales were hit by the introduction of a
new emissions-testing regime.
New car registrations, a reflection of sales, rose 15% on year
in September across the EU to 1.25 million vehicles, the European
Automobile Manufacturers' Association, or ACEA, said Wednesday.
The strong growth was mostly due to a low base of comparison,
the association said. In September 2018 new car registrations fell
24% on year following the introduction of new stricter
emissions-testing rules.
The association, whose members include Europe's biggest car
makers, said sales rose 22% in Germany and 18% in Spain, while they
were up 17% in France. In Italy, new car sales were 13% higher.
In the U.K. the recovery was limited due to uncertainties
regarding Brexit, which continue to weigh on consumer confidence,
it said. Sales in the country rose 1.3%.
In the first nine months of the year, new car registrations were
down 1.6% compared with the same period a year ago.
Write to Max Bernhard at max.bernhard@dowjones.com
(END) Dow Jones Newswires
October 16, 2019 02:14 ET (06:14 GMT)
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