Croatia with biggest decrease in car registrations in EU

NEWS 19.11.202017:03
Hrvoje Jelavic/PIXSELL

In the first ten months of this year, the demand for new passenger cars decreased the most in Croatia of all EU member states but the coronavirus pandemic has caused a decline on the whole EU passenger car market, figures released by the European Automobile Manufacturers Association (ACEA) show.

In the period from January to October, a total of 8 million new cars were registered in 26 EU member states (without Malta), which is a decrease of 26.8% compared to the same period last year, ACEA said on Thursday.

“Ten months into the year the impact of COVID-19 on car demand remains unprecedented,” ACEA said in a press release on its web site.

Looking at the major EU markets, Spain saw the steepest drop (-36.8%) so far this year, followed by Italy (-30.9%), France (-26.9%) and Germany (-23.4%), the press release said.

In that period, a total of 31,348 new cars were registered in Croatia, which is a drop of 43.5% year on year and also the biggest decrease in the Union.

New blow in October

After a brief recovery in Septembe,r when the demand for new cars increased by 3.1% in the EU, in October it fell once again after reimposed restrictions to battle a second wave of the coronavirus.

Demand fell markedly in Spain (-21%) while more moderate decreases were observed in France (-9.5%) and Germany (-3.6%). In Italy, on the other hand, demand remained almost unchanged (-0.2%) compared to October 2019 levels.

In Croatia, a total of 3,102 new cars were registered in October, according to ACEA, which is 24% fewer than in October last year. Demand in September in Croatia fell by 12.8% y-o-y.