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European new passenger car registrations decreased 8.4 percent year-on-year in December following an 8 percent decrease in November, figures from the European Automobile Manufacturers Association, or ACEA, showed on Wednesday. All major markets, except Italy where sales grew 2 percent, witnessed decline in the demand for cars at the final month of 2018. Car sales in Europe began falling since September, mainly due to the introduction of the WLTP emission tests. In 2018, car registrations edged up 0.1 percent, marking the fifth consecutive year of growth. Sales totaled nearly 15.2 million cars. Powered by Commodity Insights
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