European demand for passenger cars up 2.9 pct in H1

Economy 21:46 17.07.2018
The European Union's demand for passenger cars in the first half of this year rose 2.9 percent year-on-year, the European Automobile Manufacturers' Association (ACEA) reported on Tuesday.
 
"The strong performance of the new EU member states is worth highlighting, as registrations increased by 11.4 percent so far this year," the ACEA said in its monthly report.
 
New car registrations in the EU totaled 8,449,247 units over the first half of 2018, according to the association.
 
"Looking at the major markets, demand went up in Spain (up 10.1 percent), France (up 4.7 percent) and Germany (up 2.9 percent)," the ACEA said, noting that sales contracted in the U.K. and Italy and went down 6.3 and 1.4 percent, respectively.
 
During the six-month period, the biggest share -- with 24.6 percent in passenger car sales in the 28-member EU bloc -- was held by the VW Group, of which major brands are Volkswagen, Audi, Skoda, Seat and Porsche -- an 8-percent annual hike in sales.
 
The PSA Group -- which owns the Peugeot, Citroen, and Opel brands -- and the Renault Group followed with 16.3 percent and 10.7 percent of car sales, respectively.
 
In 2017, over 15 million new passenger cars were sold in the EU, up 3.4 percent from the previous year.
 
The EU is the main automotive export market for Turkey, where the world’s prominent automotive manufacturers including Fiat, Ford, Honda, Hyundai, Renault and Toyota have operations.
 
Last year, nearly 80 percent of Turkey's total automotive exports were made to EU countries amounting to $22 billion, marking a 17 percent rise, year-on-year.
Azerbaijan takes measures to turn Khankandi into safe city - VİDEO

News line

Expert Ilyas Huseynov Predicts Peaceful Return of these territories to Azerbaijan
13:20 28.03.2024
Azerbaijan weather forecast for March 29
Azerbaijan weather forecast for March 29
12:55 28.03.2024
Russian MFA concerned about upcoming Armenia-US-EU meeting
12:23 28.03.2024
Secret Points of Pashinyan's Meeting with French Representative: Is Peace Agreement Signing Imminent?
12:00 28.03.2024
Armenia announces recruitment of border guards to work at Zvartnots
Armenia announces recruitment of border guards to work at Zvartnots
11:47 28.03.2024
The US-Armenia-EU Joint Conference is a part of the pressure plan on Azerbaijan - MP Konul Nurullayeva
11:30 28.03.2024
Azerbaijan’s central bank reduces discount rate
Azerbaijan’s central bank reduces discount rate
11:23 28.03.2024
CSTO chief: ‘Yerevan doesn’t participate in our work, but there are no statements about suspension’
11:13 28.03.2024
Ammunition found in Khankandi
Ammunition found in Khankandi
11:00 28.03.2024
Russia had been aware of preparation for terrorist attack at Crocus - says intelligience chief
10:46 28.03.2024
Scholtz reveals date of his last telephone conversation with Putin
Scholtz reveals date of his last telephone conversation with Putin
10:33 28.03.2024
Head of the SSS: France is inciting Armenia to a new war
10:21 28.03.2024
Are we in the brink of World War III? - Pundit talks on Ednews
10:10 28.03.2024
Azerbaijan's National Security: Reflecting on 105 Years of Defending Sovereignty
09:55 28.03.2024
Hikmat Hajiyev: Rasmussen fell in forgetfulness to attach payment to his report
09:35 28.03.2024
Hand grenades found in Kalbajar
09:25 28.03.2024
Titanic 'door' prop that kept Rose alive sells for $718,750
Titanic 'door' prop that kept Rose alive sells for $718,750
08:50 28.03.2024
Twitch's biggest streamer diagnosed with cancer diagnosis at 32
23:55 27.03.2024
Azerbaijan's former Minister of National Security passes away
22:41 27.03.2024
Russia has no unfriendly states, only unfriendly elites — Putin
22:25 27.03.2024
Erdogan vows to make efforts for implementation of UN resolution regarding Gaza
Erdogan vows to make efforts for implementation of UN resolution regarding Gaza
21:44 27.03.2024
Russian MFA: France's presence in the Caucasus is of an intelligence nature
21:00 27.03.2024
Record numbers of migrants arrive in UK in 2024
20:42 27.03.2024
Leo Docherty appointed new UK Minister of State for Armed Forces
Leo Docherty appointed new UK Minister of State for Armed Forces
19:34 27.03.2024
MFA: ‘We reject anti-Azerbaijani allegations in the report prepared by Friends of Armenia Network’
19:00 27.03.2024
Armenian Speaker: We are looking for people who consider those villages to be Armenian territory
18:42 27.03.2024
France evacuates over 170 nationals from Haiti
France evacuates over 170 nationals from Haiti
18:19 27.03.2024
Iran's Concerns Over Enclave Villages Return Highlight Geopolitical Complexities - Iranian political scientest talks on Ednews
18:00 27.03.2024
New details of the Crocus terrorist attack have been revealed - two suspects transited through Türkiye
17:33 27.03.2024
Political Scientist Turab Rzayev Weighs in on Armenia's "Great Armenia" Ambitions: Pashinyan's Realism or Rhetoric?
17:00 27.03.2024
Armenian did not join statement of CSTO PA condemning terrorist act in Crocus
Armenian did not join statement of CSTO PA condemning terrorist act in Crocus
16:39 27.03.2024
Political Scientist Criticizes EU Representative's Remarks on Azerbaijani Media Threats Against Armenia
15:55 27.03.2024
Pele's record in Brazilian national team broken
Pele's record in Brazilian national team broken
15:27 27.03.2024
Simonyan: Yerevan, Moscow not discuss withdrawal of Russian border guards from Armenian-Turkish border
15:18 27.03.2024
Tofig Abbasov: Armenia Seeks to Amplify Anti-Azerbaijani Sentiments in Georgia
15:01 27.03.2024
Russian parliament asks for investigation into 'western financing of terrorist acts'
14:46 27.03.2024
French company Delair to supply Ukraine with 400 reconnaissance drones
14:33 27.03.2024
Thailand moves to legalise same-sex marriage
Thailand moves to legalise same-sex marriage
14:19 27.03.2024
First residents to return to Khojaly in May
14:09 27.03.2024
Azerbaijan weather forecast for March 28
Azerbaijan weather forecast for March 28
14:00 27.03.2024
Hamısı