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European Union car sales in January lowest on record -ACEA -Breaking

by Mike Robinson

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© Reuters. FILE PHOTO : An employee poses while he moves between two-wheeled cars at Auto1.com’s Zoerbig company grounds, Germany. January 28, 2017. Photograph taken January 28, 2017. REUTERS/Fabrizio Bensch

BERLIN (Reuters] – In January, new car registrations in Europe fell to 682,596 units. This was due to the continuing problems with semiconductor supply in the region.

According to ACEA data, the January number of vehicles that were registered in Europe, Britain, and the European Free Trade Association was 2.4% lower than in January last year. This is the seventh consecutive month with a decline.

According to the association, car registrations differed strongly from one country to another, with an increase of 72.6% for Slovakia and an increase of 55.5% for Romania. This contrasts well with contractions that occurred in most Western European countries.

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