Enter Honest John's Kit Competition An awesome prize is up for grabs every week | No thanks

European new passenger car registrations fall

Thu, 17 Apr 2008
There was a drop of 9.7 per cent in the number of new passenger cars registered in Europe last month, it has been reported.

According to statistics from the European Automobile Manufacturers Association (ACEA), the biggest recorded fall came in Western Europe - where registrations were down by 10.2 per cent.

The ACEA figures also show that there was a 3.5 per cent hike in vehicles in new European member states, with Poland recording a 19.5 per cent increase.

Elsewhere on the continent, Romania posted the highest amount of growth - 23.6 per cent - while the Czech Republic and Hungary saw increases of 9.7 per cent and 3.5 per cent respectively.

Similar activity can be seen in recent research from Jato Dynamics, which show that there were 175,738 new cars recorded in Europe over the course of February.ADNFCR-1081-ID-18556629-ADNFCR

Comments

Add a comment

 

Ask Honest John

Value my car

Amount to borrow
Sorry. The minimum loan amount is £1000
To pay back over

My credit score

Best available rate 9.20%

Total repayment £9,304.93

Total cost of credit £1,804.93

£155.08

60 monthly payments

Apply now

Representative example

The Representative APR is 13.2% (fixed) so if you borrow £7,500 over 4 years at a rate of 13.2% p.a (fixed) you will repay £199.21 per month and repay £9562.20 in total.