Fleet News

Latvia leads the way but European new car sales dip

UNCERTAIN market conditions across Europe have dented new car sales for the year, latest figures show.

Cumulative figures for the first 10 months of the year in Europe are down by 0.3% to 12,978,983 units, from 13,016,122 units for the same period the previous year.

A total of 14 countries posted growth, ranging from +46.2% in Latvia to +1.1% in Luxembourg, and nine reported losses, ranging from -0.2% in Austria to -27.3% in Poland.

A spokesman at the European Automobile Manufacturers’ Association (ACEA), which produced the figures, said: ‘While the EU-15 (+0.3%) remains on a positive trend, EFTA countries (-1.4%) and new EU member states (-10.9%) continue to post year-to-date losses, although reduced.’

New car sales

Country Jan-Oct 05 Jan-Oct 04 Variance
Austria 267,974 268,621 -0.2%
Belgium 423,955 426,467 -0.6%
Denmark 120,737 97,748 +23.5%
Finland 132,406 126,606 +4.6%
France 1,726,417 1,665,923 +3.6%
Germany 2,788,224 2,700,316 +3.3%
Greece 238,817 253,719 -5.9%
Ireland 169,474 151,696 +11.7%
Italy 1,912,331 1,942,079 -1.5%
Luxembourg 42,689 32,228 +1.1%
Netherlands 423,193 436,517 -3.1%
Portugal 172,235 165,301 +4.2%
Spain 1,279,654 1,262,626 +1.3%
Sweden 224,683 215,147 +4.4%
UK 2,124,377 2,250,822 -5.6%
EU15 12,047,157 12,005,816 +0.3%
Iceland 15,605 10,160 +53.6%
Norway 90,788 92,814 -2.2%
Switzerland 219,799 227,781 -3.5%
EFTA* 326,192 330,755 -1.4%
Czech Republic 106,688 104,131 +2.5%
Estonia 16,591 14,013 +18.4%
Hungary 162,218 169,915 -4.5%
Latvia 13,248 9,062 +46.2%
Lithuania 8,564 7,685 +11.4%
Poland 200,061 275,316 -27.3%
Slovakia 46,924 45,880 +2.3%
Slovenia 51,340 53,549 -4.1%
EU (new members) 605,634 679,551 -10.9%
EU** 12,652,791 12,685,367 -0.3%
Total Europe (EU+EFTA) 12,978,983 13,016,122 -0.3%

*European Free Trade Association
** excluding Malta and Cyprus

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