In October, the passenger vehicle registration volume in Europe saw a small increase, with strong growth in Germany and Spain overshadowing the decline in the auto markets of France and Italy.
Data released by the European Automobile Manufacturers' Association (ACEA) on Thursday showed that new car registrations in the European Union increased by 1.1% year-on-year in October to 866,397 units, while they decreased by 6.1% and 18% in September and August respectively.
Acea stated that the long-standing leaders in the EU auto market, Germany and Spain, saw registration volume growth of 6% and 7.2% respectively. Meanwhile, sales in France and Italy declined by 11% and 9.1%.
Among the major auto manufacturers in the EU, Volkswagen and BMW saw registration volume increases of nearly 17% and 4.7% in October respectively, while Stellantis experienced a 17% decrease in registration volume.
In the first 10 months of this year, new car registrations of pure electric autos in the EU decreased by 4.9% to 1,172,737 units. ACEA stated that this was mainly due to a nearly 27% decline in sales in Germany.