New car registrations in Europe dropped 4.1% to 1.05 million units in February, extending January’s weak start, the Brussels-based carmakers’ group ACEA said on Wednesday.
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BMW reportedly had another fine month, boosting European registrations 23.9% year on year in February, while rival DaimlerChrysler saw registrations slip 9.6%, Fiat dropped 16.7% and Renault’s sales slipped by 12.8%.
On the other hand, Kia Motors again led growth by Asian manufacturers, with registrations up 69.1% last month, Reuters noted.
The news agency said car sales jumped in December, helped by year-end incentives, new models and extra selling days, pushing total 2004 registrations in western Europe to a three-year high of 14.5 million cars, up 2.1% from 2003, but most motor industry executives are predicting European car sales will be flat in 2005 and are fighting for customers with incentives and new models.
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