European automaker trade association Acea has published December car sales data for Europe that confirms the extent of the boost to the new car market provided by fleet renewal schemes in 2009.
Following a marked decline in the second half of 2008 and the first half of 2009, European new car registrations picked up in the second half of last year, largely due to the impact of fleet renewal schemes in a number of major markets. In total, 14,481,545 new cars were registered in 2009; 1.6% less than in 2008 and 9.5% less than in 2007.
In December 2009, demand for new cars rose by 16%, amounting to 1,074,438 units compared to the same month in 2008.
The ACEA data confirmed West European market sales data published earlier this month by JD Power and reported on just-auto.
See also: EUROPE: W. Europe car sales set to slide