Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

New registrations of passenger cars in the EU picked up by 60pc in June over the previous month but were still down from the same month in 2019, according to European Automobile Manufacturer’s Association (ACEA) data. 


New car sales in June stood at 949,722 units, ACEA noted in a statement on July 16, up 61pc from May when only 581,161 units were registered. However, sales fell 22.3pc compared to June 2019. 


The French government was the first country to post a rise of 1.2pc in sales at 233,814 units, compared with last June. Other member states such as Belgium, Luxembourg, Slovenia, and the Czech Republic also showed signs of normalization with sales within a 10pc range of last year’s numbers. The ACEA said that this was a direct result of the purchase incentives and tax benefits given to the consumers by all members of the EU for low-emission vehicles. 


Sales for the top five automotive groups within the EU almost doubled compared with the previous month, though they remained 25pc lower than June 2019. Porsche was the only brand to report a 3.7pc growth in June sales compared with the same period last year.

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