Fleet News

No sign of sales slowdown

MILITARY action in Iraq does not appear to have affected European new car sales, latest figures show.

In March, a total of 1,592,973 new units were registered, up 2% from the same month the previous year.

The European Automobile Manufacturers Association (ACEA) said: 'These figures seem to indicate that the overall market has not suffered much from the start of military operations in Iraq.'

However, it said that March 2003 had one working day more in Spain, the UK, Ireland and Finland and two in Denmark compared to March 2002, which meant extra days to sell cars.

Sales by country
Country March 03 March 02 Variance
Austria 29,800 29,666 +0.5%
Belgium 48,077 52,851 -9.0%
Denmark 7,870 10,250 -23.2%
Finland 11,937 9,520 +25.4%
France 187,184 198,302 -5.6%
Germany 318,000 321,840 -1.2%
Greece 20,176 23,348 -13.6%
Ireland 17,898 18,823 -4.9%
Italy 269,800 211,810 +27.4%
Luxembourg** 5,196 5,278 -1.6%
Netherlands 44,713 47,044 -5.0%
Portugal 17,749 23,478 -24.4%
Spain 120,836 127,218 -5.0%
Sweden 25,190 22,936 +9.8%
United Kingdom 438,075 423,727 +3.4%
European Union 1,562,501 1,526,091 +2.4%
Iceland** 648 410 +58%
Norway 6,940 7,068 -1.8%
Switzerland** 22,884 28,091 -18.5%
Western Europe* 1,592,973 1,561,660 +2.0+

* ACEA estimates
** provisional figures

Leave a comment for your chance to win £20 of John Lewis vouchers.

Every issue of Fleet News the editor picks his favourite comment from the past two weeks – get involved for your chance to appear in print and win!

Login to comment

Comments

No comments have been made yet.

Compare costs of your company cars

Looking to acquire new vehicles? Check how much they'll cost to run with our Car Running Cost calculator.

What is your BIK car tax liability?

The Fleet News car tax calculator lets you work out tax costs for both employer and employee