European Passenger Car Sales for 2013
In 2013, the European car market began to show signs of stabilization and a gradual recovery following several years of decline. The European car market experienced a slight recovery in 2013, with approximately 15.9 million new car registrations. While still below pre-recession levels, this figure represents a modest increase compared to the previous year. The largest car markets in Europe during 2013 were Germany, Russia, the United Kingdom, France, Italy, and Spain. These countries saw varying degrees of recovery, with some markets performing better than others.
Germany remained the largest car market in Europe in 2013, with around 2.9 million new car registrations. The market showed signs of stability and a modest decline, supported by improving economic conditions and consumer confidence that made the UK fair better than others. Russia was the second largest new sales market with 2.6 million cars. The United Kingdom witnessed a notable recovery in car sales in 2013, with approximately 2.26 million new car registrations. The market benefited from improving economic conditions, increased consumer confidence, and various government initiatives, including low-interest financing options.
