EU car registrations marginally fall in Oct, rise in 10 months
by ChemOrbis Editorial Team - content@chemorbis.com
According to ACEA (European Automobile Manufacturers Association), new car registrations in Europe posted a slight decrease of 0.02% to reach 1,104,506 units in October. While new car registrations in Italy, Spain and the United Kingdom increased by 9.7%, 4% and 1.4% respectively, the results were down 5.6% in Germany and down 4% in France on a yearly basis.
Car registrations in the EU increased by 7.2% and reached 12,348,502 units in total in the first ten months of 2016. Italy and Spain made the largest contribution to the overall growth of the region with an increase of 16.7% and 10.8% respectively. These countries were followed by Germany (4.9%), France (4.7%) and the UK (2.5%)
Car registrations in the EU increased by 7.2% and reached 12,348,502 units in total in the first ten months of 2016. Italy and Spain made the largest contribution to the overall growth of the region with an increase of 16.7% and 10.8% respectively. These countries were followed by Germany (4.9%), France (4.7%) and the UK (2.5%)
More free plastics news
Plastic resin (PP, LDPE, LLDPE ,HDPE, PVC, GPS; HIPS, PET, ABS) prices, polymer market trends, and more...- Asian spot ethylene market plunges to decade low
- Early July expectations emerge softer in Europe’s PP market
- Import PE prices fall to lowest in more than a decade across Asia
- Tightness pushes Asian PVC markets to 3-month high
- China’s PE market continues bearish run on sluggish demand
- PP and PE markets turn softer in Egypt, Mid-East
- European PET extends bearish trend into 3rd consecutive month
- European PS, ABS markets down after 4 months
- Thai PP, PE markets subdued by slowing economy, competitive imports
- Vietnam’s PE market extends losses into June on frail demand
