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April new car sales in Europe post gain for first time since Sep 2011 due to two more working days

In April, sales of new passenger cars in Europe grew for the first time (+1.7%) since September 2011, according to figures from the European Association of Automobile Manufacturers (ACEA). The region counted on average two more working days compared to the same month last year, which would account for the increase, ACEA said.

In absolute figures, April 2013 was the third lowest level of new registrations for a month of April, with the historic low for April reached in 2012 (1,021,358 units). A total of 1,038,343 units was recorded in the EU in April this year, or 1.7% more compared to the low level of April last year.

Four months into the year, new car registrations amounted to 4,026,946 units, or 7.1% less than in the same period a year ago.

In April, results were varied across markets. Germany (+3.8%), Spain (+10.8%) and the UK (+14.8%) expanded, while France (-5.3%) and Italy (-10.8%) faced a downturn.

From January to April, the UK remained the only major market to post growth (+8.9%). Spain (-6.7%), Germany (-8.5%), France (-12.3%) and Italy (-12.3%) all saw their demand decline, leading to an overall 7.1% decrease in the EU.


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