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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