European Passenger Car Sales for 2015
In 2015, the European car market continued its recovery trajectory, with overall positive growth in car sales. The European car market experienced a solid recovery in 2015, with approximately 16.4 million new car registrations. This figure represents a significant increase compared to the previous year, indicating a strengthening market. The largest car markets in Europe during 2015 were Germany, the United Kingdom, France, Italy, Russia and Spain. These countries collectively contributed to overall growth in car sales, although growth rates varied.
Germany remained the largest car market in Europe in 2015, with around 3.2 million new car registrations. The market continued to show stability and moderate growth, supported by strong economic performance and favorable consumer confidence. The United Kingdom witnessed a notable surge in car sales in 2015, with approximately 2.6 million new car registrations. The market benefited from a robust economy, low interest rates, and attractive financing deals, driving strong consumer demand. France recorded around 1.92 million new car registrations in 2015. The market showed signs of recovery, albeit at a slower pace compared to other European countries, driven by improving economic conditions and consumer sentiment. Italy saw a significant recovery in car sales in 2015, with approximately 1.57 million new car registrations. The market benefited from a strengthened economy, reduced unemployment, and government incentives that stimulated car buying. Spain’s car market experienced a remarkable recovery in 2015, with around 1.09 million new car registrations. The market showed strong growth, supported by improving economic conditions, increased consumer confidence, and government incentives. Russia saw a huge 45% decline in sales, hitting 1.3 million new cars sold.
