European car registrations fell 6.3% in June 2013

Article by Anita Panait, on July 16, 2013

Passenger car registrations in Europe dropped 6.3 percent in June 2013 to a two-decade monthly low. Among those who suffered the drop were Volkswagen, Opel, Fiat and PSA/Peugeot-Citroen. Not all carmakers, however, succumbed to sales decline in June in Europe. Ford Motor Co. managed to gain almost 7 percent and the Dacia brand grew 16.4 percent while VW Group's Seat brand rose nearly 11 percent.

Industry association ACEA said in a statement that registrations in the European Union and EFTA markets dropped to 1.18 million vehicles in June 2013 from 1.25 million cars in the same month in 2012. The decline in June made it more unlikely for vehicle sales in Europe to stage a recovery this year, although some industry watchers insist that there were signs that the market is stabilizing.

Carlos Da Silva, IHS Automotive's head of European light vehicles sales forecasts, remarked that the figures posted in June confirmed a slowdown in the rate of decline evident since March/April. He said that sales have started to bottom out, but have yet to start to recover.

Da Silva expects sales in the second half of 2013 to continue to fall, but possibly at a slower rate. He quipped that Europe remains "a dreadful zone" for most carmakers in the second half of 2013. Commerzbank analyst Sascha Gommel told Automotive News Europe that the region is still a weak car market, adding recovery would not be expected in the second half of 2013, but “a stabilization at a low level.” [source: automotive news - sub. required]

Topics: europe, sales

If you liked the article, share on:

Comments

Recommended

Not so long ago, the 2018 Genesis G80 Sport made its debut at the 2016 LA Auto Show. But at that time, it did not have a price yet. And...
by - April 23, 2017
It seems like an increase in price has become a trend for automotive companies lately. Genesis isn’t alone when it comes to this. Subaru had just announced that the 2018...
by - April 23, 2017
Imagine a sports car morphing into an SUV. Chevrolet initially revealed the FNR Concept at the previous Shanghai Auto Show in 2015. For this year, Chevy once again graces the...
by - April 22, 2017
From the moment FCA kicked off with its 3-month-long ad campaign until the day it unveiled the new Dodge Challenger SRT Demon, folks have been guessing what the exact figures...
by - April 22, 2017
Some people may think Audi Sport is a new company but it is in fact the motorsport division of Audi combined with the best of what Quattro GmbH can offer....
by - April 21, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries