VWAGY - European Union passenger car registrations up 53.4% in May

European Union car registrations rose 53.4% Y/Y in May to 891,665 units, far below the 1.2M cars sold in May 2019, followed by 218.6% rise in April.Registrations in Spain expanded +177.8%, followed by France +46.4%, Italy +43% and Germany +37.2%.On YTD basis, demand for passenger cars increased by 29.5% to 4.3M units.European Union April registration +71.8% for Volkswagen (VWAGY), +49.1% for Stellantis (STLA), +22.5% for Renault (RNSDF), +79.4% for Hyundai (HYMLF), +39.6% for BMW (BMWYY), +28.2% for Daimler (DMLRY), +24% for Ford (F), +73% for Toyota (TM), +48.2% for Honda (HMC), +49.4% for Volvo (VOLAF), +30.1% for Nissan (NSANY) and +64.7% for Mazda (MZDAY).Source: ACEA

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European Union passenger car registrations up 53.4% in May