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EU car sales grow for fourth consecutive year

Sales of cars in the European Union in 2017 increased for the fourth straight year, rising by 3.4% to 15.138 million units - its highest since 2007, the European Automobile Manufacturers Association (ACEA) reported. In December last year, sales fell by 4.9% - to 1.088 million vehicles.

In 2017, new car registrations in Germany rose by 2.7%, to 3.44 million, in France - by 4.7%, to 2.11 million, in Italy - by 7.9% to 1.97 million, in Spain - by 7.7%, to 1.23 million. In the United Kingdom car sales fell by 5.7%, to 2.54 million units.

The leader of the European car market Volkswagen group saw a 4% decline in December. The German group’s market share remained virtually firm year-on-year in December at 23.6 percent.

PSA Group's sales for the year rose by 28.2%, to 1.85 million vehicles. BMW sales increased by 0.9%, Daimler - by 4.8%. Sales from Toyota soared by 13%, Nissan - by 3.1%, Suzuki - by 21.3%.

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