Demand for automobiles within the European Union fell in Might – Muricas News

Demand for brand new automobiles within the EU weakened once more in Might, for the tenth month in a row, reflecting provide chain issues and lowered buying energy resulting from inflation.

791,546 new automobiles had been registered within the EU in Might, 11.2 p.c lower than in the identical month final yr, the European Car Producers Affiliation (ACEA) stated in a report launched Thursday.

Though the decline is milder than in April, when demand fell by 20.6 p.c, it marks the continuation of the downward development for the tenth month in a row.

All 4 main markets recorded double-digit declines in demand, with the biggest being in Italy the place it fell 15.1 p.c.

It's adopted by Spain with a ten.9 p.c drop, and Germany and France are shut, recording 10.2 and 10.1 p.c fewer new automobiles registered, respectively, than in Might final yr.

In response to ACEA knowledge, 4,055 new automobiles had been registered in Croatia in Might, 9.2 p.c lower than in the identical month final yr. In April, their quantity rose by 2.7 p.c.

And knowledge for the interval from January to Might present a double-digit decline in demand for brand new automobiles within the EU, by 13.5 p.c, with 3.72 million new autos registered.

Demand in Italy fell by nearly 1 / 4, and in France by a sixth, in line with an ACEA report.

The slightest decline was recorded in Germany, by 9.3 p.c.

Within the interval from January to Might, in line with the ACEA, 17,948 new automobiles had been registered in Croatia, 6.0 p.c lower than in the identical interval final yr.