Estonian new car registrations in February jump 21.2 pct on year

TALLINN – Altogether 1,907 new cars were registered in Estonia in February, 21.2 percent more than in February 2017, and registrations in the first two months of the year surged 22.6 percent to 4,354, the European Automobile Manufacturers' Association (ACEA) said.

In Latvia, new car registrations in February grew 6.5 percent to 1,254 and registrations in the first two months of the year were up 6.1 percent at 2,783.

Registrations in Lithuania decreased 2.3 percent to 1,605 in February and climbed 7.1 percent to 3,716 in the first two months of the year.

The EU passenger car market grew by 4.3 percent in February, with new registrations totaling 1,125,397. In volume terms, last month saw the best February results since 2008.

Nearly all major EU markets posted growth, except for the United Kingdom -2.8 percent - where car sales declined for the eleventh consecutive month - and Italy -1.4 percent. Spain +13.0 percent, recorded the strongest gains, followed by Germany +7.4 percent, and France +4.3 percent.