RTTNews - Registration of new passenger cars in Europe dropped 4.9% annually in May, representing the 13th consecutive month of fall, the European Automobile Manufacturers' Association or ACEA said Tuesday. During the month, 1,270,195 new cars were registered in the market.
Among the Western European countries, car registrations in the UK and Spain slipped 24.8% and 38.7% respectively in May, with the announcement of incentive schemes for the automobile industry not reflecting in registrations. However, car registration showed strong growth of 11.8% in France and 39.7% in Germany. Car registrations also grew 4.8% in Austria and 5.1% in Greece.
Among the new EU member states, registrations fell 26% in May, with the declines ranging from 3.1% in Poland to 80.4% in Latvia. At the same time, registrations grew 20.5% in the Czech Republic and 46.4% in Slovakia.
In the first five months of the year, car registrations in Europe were down 13.9%.
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