European new car registrations rise in March despite VW Slump

Published Date: 20th Apr 2016

New car sales rise across Europe – figures show an increase of 5.7% for March and 8.1% for the first quarter of the year, despite a slight fall in sales for German Car-Giant Volkswagen.

New car sales in Europe for March increased by 5.7% to 1.74 million registrations even though Volkswagen suffered a slight dip in sales.

eu registrations

The European Automobile Manufacturers' Association figures showed that VW's sales fell 1.6% in March.

The Data suggests that the Volkswagen continues to slump from the world emissions scandal last year and the recall of millions of cars across the globe.

From January to March 2016, European new car sales increased by 8.1% on the same period in 2015, to 3.9 million.

Most European countries recorded an increase last month; apart from Spain and Germany where sales fell slightly. Germany is Europe's biggest car market.

Italy showed the biggest increase of any European country with demand rising 17.4%, a far out second place was France where sales increased 7.5%.

EU sales have now risen for 31 months in a row, edging closer to those noted in 2007, just before the world economic crisis began to hit the automobile industry.

eu registrations

Peter Schmidt, editor at Automotive Industry Data, told the Bloomberg news agency that it looks like the "European car market is recovering much faster than most analysts anticipated - including myself".