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New cars and truck enrollments in EU down 13.7 percent in January-May

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In May this year, new automobile enrollments in the EU dropped by 11.2 percent to 791,546 devices, constituting the 11th successive month of decline, according to the European association of auto manufacturers, ACEA. In the given month, all significant nations, including Italy (stainless steel strip coil15.1%), Spain (10.9%), Germany (10.2%) as well as France (10.1%) reported negative results.In the initial five months of this year, brand-new auto registrations decreased by 13.7 percent year on year to 3,722,300 units. Italy saw the sharpest autumn with 24.3 percent, adhered to by France (16.9%), Spain (ordinary us steel coil price per ton11.5%) as well as Germany (9.3%), year on year.

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