A report released by the European Automobile Industry Association (ACEA) on the 16th showed that the number of new car registrations in the European Union increased by 6.2% year-on-year to 1.061 million units in January this year, achieving growth for the 29th consecutive month, showing that the European auto market has maintained an upward momentum at the beginning of the new year.
Among the main markets, the number of new car registrations in Italy increased by 17.4% year-on-year, becoming the EU's best-performing market, and surpassing France, becoming the third largest car market in the EU after Germany and the United Kingdom; the number of new car registrations in Spain increased by 12.1% year-on-year. The best performance of the same period; the French market grew by 4%, Germany increased by 3.3%, and the British market increased by 2.9%.
Volkswagen, Europe ’s largest car company, continues to be affected by the “emissions door” incident. In January, sales in the EU increased by only 0.8%, and sales in Western Europe increased by 0.7%. However, the group's Audi brand performed strongly, with sales in the European Union up 14% year-on-year.
Among other European domestic automakers, Fiat sales rose 13.7%, Renault rose 1.1%, and Peugeot Citroen increased 3.3%. Among non-European domestic car companies, Ford sales rose 11.4%, and GM's Opel increased 12.8%.