European passenger car registrations fell for the eleventh consecutive month in March, a report from the European Automobile Manufacturers' Association or ACEA revealed Thursday. Car registrations were down 9% in March after declining around 18% in February.
According to ACEA, the result was lifted by the on average three more working days across the region and the effect of fleet renewal schemes in a number of countries.
In the first quarter, new registrations totaled 3.43 million, down 17.2% from 4.15 million units registered in the same period last year.
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