ACEA: Romanian car market, the most significant decline in the EU last June

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New car registrations in Europe (EU and EFTA) posted in June the 34th consecutive month of growth, almost reaching the level before the financial crisis, while Romania has reported the most significant decline, according to the statistics of the European Car Makers’ Association (ACEA) released on Friday.

Auto market in Romania decreased by 36.7 percent in June, 5,462 cars were registered compared to 8,630 vehicles in the same period of 2015.

At the same time, the domestic market grew by 2.8 percent in the first half of 2016, 35,452 cars were registered compared to the same period in 2015 when 34,472 vehicles were delivered. Dacia cars sales in EU grew by 16.3 percent last month and the market quota grew by 3.1 percent from 2.8 percent46,252 Dacia units were registered last month in Europe, an increase compared to June 2015, – 39,779 cars.

Britain also fell for only the second time in four years amid uncertainty about the country’s vote on EU membership.

Total registrations of new cars in the European Union and the European Free Trade Association increased 6.5 percent in June on the year, to 1,507,303 vehicles, data provided by the Brussels-based ACEA reveal.

However, that was much slower than a 16 percent increase in May, partly due to seasonal factors, but sales in Italy and Spain rose at double-digit rates last month from a year earlier and Germany, Europe’s largest new car market, posted 8.3 percent growth despite smaller discounting.

Across Europe, sales of Volkswagen brand cars slipped in June as the German carmaker continued to deal with the fallout from its emissions scandal, but luxury brands such as Mercedes and BMW and makers of smaller cars including Fiat and Renault saw solid sales.

Passenger car registrations in EU rose for the 34th consecutive month, with June registrations reaching 1,459,508 new cars.

 

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