Total sales in the European Union automobile market decreased by 7.5 percent in January compared to the same period of 2019 and reached 956 thousand 779 units.
The European Automobile Manufacturers Association (ACEA) has released new car registration data for January. Accordingly, new automobile sales in the European Union decreased by 7.5 percent in January compared to the same period of 2019, to 956 thousand 779.
ACEA has linked the decline in new car registrations to some EU member states' changes to the 2020 taxation systems, the weakening of the global economy and the UK's departure from the EU.
Among the 28 EU member states, the highest number of new cars were trafficked in Germany in January. In this period, 246 thousand 300 new cars were registered in Germany, 155 thousand 528 in Italy, 134 thousand 229 in France and 86 thousand 443 in Spain.
According to the manufacturers, the VW Group sold the most new cars in the EU in January with 254.872. PSA Group followed the VW Group in new vehicles in the EU. The brands of the group sold a total of 158 thousand 719 cars. Renault Group ranked third with 91 thousand 912 new cars.