Europeans are buying fewer and fewer new cars

According to data posted on the website of the European Automobile Manufacturers Association (ACEA) on Thursday, 719,000 465 new cars were put on the market in the European Union in February, down 6.7 percent from 771,000 349 last February. In January, the annual decline was 6 percent.

In the first two months of this year, 1,402,000 new cars were sold in the EU, down 6.4 percent from 1,498,000 a year earlier.

In February of this year, sales were mixed in the four largest European car markets: new vehicles sold 22.6 per cent fewer in Italy and 13 per cent in France, while sales rose 6.6 per cent in Spain and 3.2 per cent in Germany.

In the European Union, Finland and Slovenia saw the largest declines in new car sales in February, at 22.9 percent and 21.3 percent, respectively. The highest annual growth was in Portugal at 39.2 percent and in Greece at 27.8 percent.

In February, 9,449 new cars were put on the market in Hungary, 13.3 percent less than the 10,000,896 in February last year. The number of new cars sold in Hungary in the first two months of this year fell by 11.3 percent to 17,000,537 from 19,000,764 a year earlier, according to the ACEA website.

(Source: autokalauz.co.hu; MTI | Image: pixabay.com)