The downward trend in European new car registrations continued in May, the European Automobile Manufacturers' Association reported Friday.
Passenger car demand dropped 8.7 percent in May from a year ago, following a 6.9 percent fall in April. Most markets shrank in May.
In Germany, registrations declined 4.8 percent and fell 8.2 percent in Spain. Italy and France logged 14.3 percent and 16.2 percent declines, respectively. Only the U.K. posted growth, up 7.9 percent.
From January to May, registrations slightly increased in two of the most significant markets, with the German rising 0.3 percent and the British registering a 2.6 percent rise. Overall registrations decreased 7.7 percent in Europe.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.