August new car registrations in Europe fell by 12.9% year-on-year

According to a report from Geshi Automobile, a report from the European Automobile Manufacturers Association, the number of new vehicle registrations in the European Union fell by 12.9% year-on-year in August, down from a year-on-year figure of 805,675. The number of vehicles dropped to 701,710 and continued the downward trend in the second quarter of this year.

Although the number of registrations for new EU vehicles in the first seven months of this year was unchanged from the same period of last year, the number of registrations in the first eight months of this year decreased from 9,348,043 units in the same period last year to 9,021,703 units, a decrease of 3.5%.

In the first eight months of this year, new car registrations in France, the United Kingdom, Spain and Ireland rose by 2%, 13.2%, 21.9% and 49.6%, respectively, while new car registrations in Italy, Germany and Bulgaria fell by 2.5% and 28.7%, respectively. And 39.1%.

In August, Volkswagen Group led the European passenger vehicle market. However, Volkswagen’s passenger vehicle registrations decreased by 11.1% year-on-year, from 186,702 vehicles in the same period last year to 166,059. The registered passenger cars of PSA Peugeot Citroën and Renault Group were 90,294 iang and 70,762, respectively, which ranked second and third respectively.