“It is encouraging to see that the EU car market continues to recover in March, with an 11.2% increase in EU passenger car registrations”, said Sue Robinson, Director of the National Franchised Dealers Association (NFDA)*, commenting on figures published by the European Automobile Manufacturers' Association (ACEA).
Overall, car registrations reached 1,891,583 units in March 2017, continuing the upward trend seen in the first quarter of the year.
Italy (+11.9%), Spain (+7.9%), Germany (+6.7%), the United Kingdom (+6.2%) and France (+4.8%) all experienced strong market growth from January to March 2017, which demonstrates strong levels of consumer confidence, despite the political changes currently taking place across the EU.
Robinson continued “The NFDA is pleased to see that the UK market continues to remain strong and stable alongside its European counterparts and we look forward to seeing this continue throughout the year”.
Notes for editors:
The Retail Motor Industry represents the interests of operators in England, Wales, Northern Ireland and the Isle of Man providing sales and services to motorists and businesses. The RMI has a formal association with the independent Scottish Motor Trade Association which represents the retail motor industry in Scotland.