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New EU registrations October 2015: Progress with slowed growth

New EU registrations October 2015
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D he October 2015 brought growth to the European new car market for the 26th consecutive month. The momentum of the previous months is slowly ebbing, however. New registrations are being held back by declining numbers in the volume markets, with only the British market showing a drop of 1.1% in October with 177,664 new registrations, as reported by the European automobile manufacturers association ACEA.

VW defies emissions scandal

With 278,372 new registrations, the German market is still up 1.1%. France reports 161,737 new registrations and an increase of 1.0%. Italy, with 132,929 new car registrations and + 8.6%, as well as Spain (80,055 new registrations /+ 5.2%) are clearly up.

Unaffected by the emissions scandal, the VW Group remains the clear market leader in October Europe with a market share of 25.1%. The strongest single brand is still VW with a 12.3% market share. Behind the Wolfsburgs, Ford and Renault (both 7.0%) are fighting for second place. With a market share of 6.2%, Peugeot secured third place ahead of Opel with 6.1%. The German premium providers are already spreading behind them. Audi ranks fifth with a market share of 5.8%, ahead of BMW and Mercedes (both 5.4%).

This is followed by Fiat (4.8%), Skoda (4.2%), Citro├źn (4.0%), Toyota (3.8%), Nissan (3.5%), Hyundai (3.3%), Kia (2.9%), Dacia (2.7%), Volvo ( 2.2%) and Seat (2.0%).

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