New car sales fall in big five mar­kets

Rutherglen Reformer - - Drive Time Extra -

New car reg­is­tra­tions in Europe’s ‘ Big 5’ mar­kets dropped by 2% in July, as mar­ket con­di­tions halted the pos­i­tive trend that had dom­i­nated over the pre­vi­ous 15 months. While Spain, Italy and the UK all posted mod­est growth in July, this could not fully com­pen­sate for de­clines in France and Ger­many.

Over­all reg­is­tra­tions for the month to­talled 836,431 units, down from 853,701 in July 2015.

As Europe’s largest car­maker, the dou­ble-digit fall in VW Group’s monthly sales also had an im­pact.

The big­gest de­cline was posted by France, with to­tal reg­is­tra­tions for July fall­ing 9.6% com­pared to the same month last year, to 132,893 units. Sales in Ger­many, Europe’s largest mar­ket, fell 3.9%. Spain grew 4.4% and sales in Italy were up 2.6%.

De­mand ap­peared to be cool­ing in the UK, which saw an in­crease of just 0.1%. as a re­sult of ex­cep­tion­ally strong de­mand in 2015, and a con­tin­u­ing drop in pri­vate sales.

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