The European Union passenger car market rebounded last month following the slowdown observed in October, with new registrations in November totaling 1,148,618 units, up 5.8% year on year, data from the European Automobile Manufacturers' Association, ACEA, showed Thursday.
In October, EU passenger car registrations fell by a marginal 0.02% year on the year to 1,104,506 units.
For November, "growth was supported by all major markets, with Spain (up 13.5%), France (8.5%) and Italy (8.2%) posting the strongest gains, while the UK (2.9%) and Germany (1.5%) followed with more modest figures," ACEA said.
For the first 11 months of 2016 passenger car registrations in the EU totalled 13.5 million units, a 7.1% increase from the corresponding period in 2015.
"All five big markets contributed positively to overall growth during this period," ACEA noted, with double-digit increases recorded in Italy (up by 16.5%) and Spain (11.1%), followed by France (5.0%), Germany (4.6%) and the UK (2.5%).
