European Passenger Car Sales for 2012
In 2012, the European car market continued to face significant challenges as a result of the ongoing economic difficulties and austerity measures. The European car market experienced a notable decline in 2012, with approximately 16.2 million new car registrations. This figure represents a significant decrease compared to the previous year, reflecting the prolonged economic downturn and reduced consumer confidence.
The largest car markets in Europe during 2012 were Germany, Russia, the United Kingdom, France, Italy, and Spain. These countries faced economic challenges, and their car markets saw varying degrees of decline. Germany remained the largest car market in Europe in 2012, with around 3.1 million new car registrations. However, the market experienced a decline compared to the previous year, influenced by economic uncertainties and reduced consumer spending. Russia grew to 2.755 million new registration while the United Kingdom witnessed a small increase in passenger car sales in 2012, with approximately 2.04 million new car registrations. The market faced challenges due to the lingering economic downturn, high unemployment rates, and cautious consumer spending.
