News

ACEA: EU passenger car registrations rise 12.2pc in October

PRESS RELEASE

Iain Pocock

Brussels, 17 November 2022 – In October 2022, new passenger car registrations continued their upward trend (+12.2%) in the European Union, with 745,855 units sold.

In October 2022, new passenger car registrations continued their upward trend (+12.2%) in the European Union, with 745,855 units sold.

However, this result remained nearly 290,000 units below the October 2019 pre-pandemic levels.

All the region’s key markets positively contributed to last month’s growth, with three out of four of them recording double-digit gains: Germany (+16.8%), Italy (+14.6%) and Spain (+11.7%).

The French market saw a more modest, but still solid, performance (+5.5%).

Ten months into 2022, EU new car registrations remained in negative territory (-8.1%), as recent improvements were not enough to offset losses cumulated from January to July this year.

Among the region’s four largest markets, Italy saw the sharpest decline (-13.8%), followed by France (-10.3%), Spain (-5.8%) and Germany (-5.5%).

Click the link below to read the full press release

Argentina’s January Base Oil Supply Rises, Cuts Overseas Exposure

Europe’s December Base Oils Supply Tightens, Disruption Risk Rises

China February Base Oil Output Stays Elevated, Keeping Stocks High

Global Base Oils Cargo Flows: Week To 6 March

Base Oils and Lubricants: Weekly Global Market Review - 6 Mar '26