News – Europe’s New Car Registration Growth Eases In December

News – Europe’s New Car Registration Growth Eases In December 

(RTTNews) – Growth in Europe’s new car registrations eased towards the end of 2009, data released by the European Automobile Manufacturers’ Association said Friday. 

Demand for new cars rose 16% year-on-year in December after rising 26.6% in November. Automobile market get a boost in the second half of 2009 after renewal of incentive schemes in a number of major markets. 

In 2009 as a whole, car registrations fell 1.6% compared to 2008. In total, 14,481,545 new cars were registered.

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