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April new car sales in Europe post gain for first time since Sep 2011 due to two more working days

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In April, sales of new passenger cars in Europe grew for the first time (+1.7%) since September 2011, according to figures from the European Association of Automobile Manufacturers (ACEA). Germany (+3.8%), Spain (+10.8%) and the UK (+14.8%) expanded, while France (-5.3%) and Italy (-10.8%) faced a downturn. decrease in the EU.

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EU new car registrations down 9.7% in February year-on-year

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compared to February 2011, according to the European Automobile Manufacturers’s Association. Spain (-2.1%), the UK (-2.5%), Italy (-18.9%) and France (-20.2%) all saw their markets shrink. In February, new car registrations totalled 888,878 units in the EU, down by. less than in the same period a year earlier.

Spain 258
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European new car market continued to shrink in October

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In October, the EU market of new passenger cars continued to shrink, although at a slightly slower pace than in the previous months, according to data released by the European Association of Automobile Manufacturers (ACEA). less in than in the first ten months of 2011. New registrations totaled 959,412 cars, or 4.8% downturn in the EU.

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Passenger car demand in Europe down for 14th consecutive month in November

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compared with November 2011 which counted on average the same number of working days in the region, according to figures from the European Association of Automobile Manufacturers (ACEA). in Italy; and -20.3% In November, demand for new cars in the EU was down for the fourteenth consecutive month, dropping by 10.3%

Spain 218
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Fiat on Track for 2011 Debut on New Fiat from New $1.2B Plant in Serbia

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Final preparations for the production of a new Fiat automobile in Serbia will be executed within the next few months, according to Serbian Deputy Prime Minister Mla?an the new car should begin rolling off production lines on schedule, in early 2011.

Serbia 170
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New passenger car registrations in Europe down 8.2% in 2012; lowest since 1995

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downturn in 1993, according to the European Automobile Manufacturers Association (ACEA). In December 2012, there were on average two fewer working days in the region than in the same month in 2011. in Italy and -23.0% In 2012, demand for new passenger cars reached the lowest level recorded since 1995, totaling 12,053,904 units.

2012 225
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Fiat Group and Guangzhou Automobile Group Creating JV for Chinese Market

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The agreement was signed in Rome by Zhang Fangyou, Chairman of GAC Group, and Sergio Marchionne, CEO of Fiat Group, in the presence of the President of the People’s Republic of China, Hu Jintao, and the Prime Minister of Italy, Silvio Berlusconi. Fiat Group and Guangzhou Automobile Group Co. Click to enlarge.

Chinese 199