RTTNews - Thursday, the European Automobile Manufacturers' Association or ACEA said the European new passenger car registrations fell for the twelfth straight month in April. Car registrations totaled 1,251,862 units, down 12.3% from the same period of previous year.
According to ACEA report, new registrations in Western Europe dipped 11.6% in April. The only nations to report growth in registrations were Austria and Germany. The growth was driven by renewal incentives. At the same time, neighbouring countries with such schemes in place, such as France, Italy and Luxemburg recorded a single-digit decrease, while other markets declined more severely.
The new EU Member States witnessed a drop of 21.4% in April, with 83,430 new cars registration. Poland, the Czech Republic and Slovakia posted growth, while Hungary and Romania recorded a sharp downturn.
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