empty
 
 

2019.12.1706:19:00UTC+00Europe Passenger Car Sales Increase For Third Month

Europe's passenger car sales increased for the third straight month in November, data from the European Automobile Manufacturers' Association, or ACEA, showed Tuesday.

New passenger car sales grew 4.9 percent on a yearly basis in November, which was the third straight of growth. However, the pace of increase slowed from 8.7 percent rise seen in October.

The ACEA said the increase is to a large extent reflects a low base of comparison, as registrations went down 8 percent in November 2018.

All major European markets logged growth except the UK. Sales in Germany surged 9.7 percent. At the same time, Spain and Italy reported a moderate increase of 2.3 percent and 2.2 percent, respectively. France's car sales gained 0.7 percent.

Meanwhile, the UK car sales decreased 1.3 percent annually in November.

In the first eleven months of the year, new car registrations in Europe decreased 0.3 percent from the same period last year.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $9000 more!
    In May we raffle $9000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback