New Car Registrations in Europe: -18.3% in February 2009
Europeans Buying Fewer Cars
The European Automobile Manufacturers' Association (ACEA) released numbers for new passenger car registrations in February 2009, and it's pretty clear what the trend is. In the past 12 months only 2 saw an increase compared to the year before, and half of them show drops of more than 10%. As for February 2009, it's 18.3% lower than February 2008, from about 1.2 million vehicles to about 0.97 million.From the ACEA report:
Brussels, 13/02/2009 - In February, 968,159 new passenger cars were registered in Europe*, 18.3% less compared to the same month of 2008. The downturn was more marked in the new EU Member States (-30.3%) than in Western Europe (-17.3%), where the German market pushed aggregate registrations upward. There was on average one working day less across Europe in February. Two months into the year, the European* market was down 22.6% compared to January- February last year.
*U27 + EFTA, data for Cyprus and Malta unavailable
Image: The Society of Motor Manufacturers and Traders
Reducing CO2 Emissions
And while fewer passenger cars are being sold in Europe, those that are emit smaller quantities of greenhouse gases. A good example is the UK. Green Car Congress recently wrote about a report by the Society of Motor Manufacturers and Traders (pdf):
Average CO2 emissions from new cars sold in the UK in 2008 fell to 158.0 g/km in 2008—4.2% less than the 2007 figure and 16.8% down on the 189.8 g/km base level in 1997, according to figures from the Society of Motor Manufacturers and Traders’ (SMMT) annual New Car CO2 Report. The drop marks the sharpest annual decline yet.
Fewer cars, and cleaner ones is certainly a step in the right direction. But much more needs to be done.
Via European Automobile Manufacturers Association, Green Car Congress
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