In 2016, new passenger car registrations showed a consistent increase (+6.8%), totalling 14,641,356 units and marking the third consecutive year of growth in the sector. This positive trend is a sign that despite political instability and economic uncertainty following key events in 2016, such as
Brexit or the Italian referendum, consumer confidence has remained robust. The growth recorded throughout the year was largely sustained across the whole region and in all major passenger car markets. Italy (+15.8%) and Spain (+10.9%) had the strongest growth in demand during the year, followed by France (+5.1%), Germany (+4.5%) and the UK (+2.3%).