ACEA: New Dacia car registrations in Europe, up by 24 pc last February

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The registrations of new Dacia cars grew by 24.1 percent in Europe (EU and EFTA countries) in February 2018 year-on-year, to 33,078 units, European Automobile Manufacturers’ Association (ACEA) informs. Thus Dacia’s market share reached 3.5 percent

The source also shows that the auto market in Romania had a 5.7 percent increase in February 2017, with 8,777 new cars compared to 8,302 units in February previous year. By comparison, the European automotive market recorded a 4 percent annual growth rate last month.

The increase of Dacia car sales has offset the drop of Renault’s car deliveries, so overall the French group’s deliveries have increased by 6.4 percent to 121,958 units.

European car sales edged up in February, helped by strong gains for French brand Peugeot , solid demand in Germany and France, and double-digit increases in Spain and the Netherlands, industry data showed.

Registrations increased to 1.16 million cars last month in the European Union (EU) and European Free Trade Association (EFTA) countries.

Nearly all major European markets posted growth except for Britain, where sales fell 2.8 percent, the 11th consecutive monthly decline, ACEA figures showed.

In Germany, Europe’s largest market, sales increased 7.4 percent while registrations in France gained 4.3 percent and in Spain were up 13 percent. Sales of Peugeot branded cars increased by 15.7 percent in February, while rival brands Renault and Fiat saw sales dip 0.9 percent and 8.8 percent respectively. VW branded cars saw sales increase by 8.1 percent, ACEA figures showed.

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