European Passenger Car Sales for 2017
In 2017, the European car market maintained its positive momentum, registering another year of growth in car sales. The European car market experienced continued growth in 2017, with approximately 18 million new car registrations. This figure represents a moderate increase compared to the previous year, indicating a sustained positive trend in the market. The largest car markets in Europe during 2017 were Germany, the United Kingdom, France, Italy, Russia and Spain. These countries collectively contributed to the overall growth in car sales, although growth rates varied.
German Market: Germany remained the largest car market in Europe in 2017, with around 3.44 million new car registrations. The market continued to show stability and moderate growth, supported by a strong economy and favorable consumer sentiment. The United Kingdom witnessed a slight decline in car sales in 2017, with approximately 2.54 million new car registrations. The market faced some challenges due to uncertainties surrounding Brexit, although overall demand remained relatively robust. France recorded around 2.11 million new car registrations in 2017. The market continued to grow steadily, driven by improving economic conditions and consumer confidence. Government incentives and scrappage schemes also played a role in stimulating car sales. Italy saw continued growth in car sales in 2017, with approximately 1.97 million new car registrations. The market benefited from a strengthened economy, reduced unemployment, and government incentives aimed at boosting car buying. Spain’s car market experienced strong growth in 2017, with around 1.23 million new car registrations. The market continued to recover, driven by improved economic conditions, increased consumer confidence, and government incentives.
