EU car sales better in June

Posted on: July 16th, 2020 by PWM

Statistics from the European Automobile Manufacturers Association (ACEA) show EU passenger car registrations in June totalled 947,722 units, a 22.3% decline on the same month 2019.

The June figure showed a slight improvement on May, which saw a drop of 52.3% across the EU compared with last year. The ACEA says, although dealerships opened for business again after lockdown measures were lifted, consumer demand did not fully recover last month.

France was the only EU market to report growth in June, at +1.2%, explained by new incentives to stimulate sales of low-emission vehicles that were introduced by the French Government at the beginning of the month. Other major European care markets continued to register double-digit declines: – Spain (-36.7%), Germany (-32.3%), Italy (23.1%).

For the first half of 2020, EU demand for passenger cars contracted by -28.1%, the result of four consecutive months of unprecedented declines across the region. Among the four major EU markets, Spain saw the biggest decline (-50.9%) so far this year, followed by Italy (-46.1%), France (-38.6%) and Germany (-34.5%).

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