EU car registrations rise 4% Y/Y in August, first 2022 month of surge

Sep. 19, 2022 11:22 AM ETF, TM, RNSDF, VLVLY, VWAGY, STLABy: Manshi Mamtora, CFA5 Comments

Salesman showing car to customer in a car dealership

FG Trade

August saw a rebound in new car registrations of 4.4%, closing the consecutive thirteen-month decline. However, with 650,305 units registered, this result remains far below pre-pandemic levels. Four EU markets saw considerable gains: Italy up 9.9%; Spain up 9.1%; France up 3.8% and Germany up

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