Top Stories

European car sales rise in May – ACEA

Published by Uma Rajagopal

Posted on June 21, 2023

1 min read

· Last updated: February 1, 2026

Add as preferred source on Google
New cars parked at a cargo terminal, highlighting European car sales growth – Global Banking & Finance Review
This image shows new vehicles parked at a cargo terminal, reflecting the 18.2% rise in European car registrations in May 2023, as reported by ACEA. The increase underscores a positive trend in the automotive market.
Global Banking & Finance Awards 2026 — Call for Entries

European car sales rise in May – ACEA BERLIN (Reuters) – European new car registrations increased in May, data from the region’s carmaker association showed on Wednesday. The number of new vehicles registered that month in the European Union, Britain and the European Free Trade Association (EFTA) grew by 18.2% to 1.12 million units year […]

European car sales rise in May – ACEA

BERLIN (Reuters) – European new car registrations increased in May, data from the region’s carmaker association showed on Wednesday.

The number of new vehicles registered that month in the European Union, Britain and the European Free Trade Association (EFTA) grew by 18.2% to 1.12 million units year on year, the European Automobile Manufacturers Association (ACEA) said.

In the European Union, the increase was 18.5%.

(Reporting by Madeline Chambers, Editing by Friederike Heine)

Frequently Asked Questions

What is market capitalisation?
Market capitalisation is the total market value of a company's outstanding shares, calculated by multiplying the share price by the total number of shares.
What is economic growth?
Economic growth refers to an increase in the production of goods and services in an economy over a period, typically measured by the rise in gross domestic product (GDP).
What is consumer perception?
Consumer perception is how customers view and interpret a brand or product, influenced by their experiences, beliefs, and marketing communications.

Tags

Related Articles

More from Top Stories

Explore more articles in the Top Stories category