Sale of new passenger cars in the European Union declined notably in May, data released by the European Automobile Manufacturers Association (ACEA) showed Tuesday.
New car registrations in the EU market decreased 5.9 percent on an annual basis to 1,042,742 units in May, which was the lowest level recorded for the month of May since 1993 when sales dropped below one million.
The overall slump in demand reflected a 9.9 percent fall in Germany and a 10.4 percent decline in sales in France. Car registrations were lower by 8 percent and 2.6 percent respectively in Italy and Spain.
Meanwhile, the UK recorded an 11 percent growth in new car sales, the only country to post positive growth during the month.
During the five months ended May, car sales fell 6.8 percent to 5,0,70840 units from the corresponding period a year earlier.
For comments and feedback: editorial@rttnews.com