LawEconUSMC Wrote:
Sep 05, 2012 11:56 AM
The 27 European Union (EU-27) member countries had a fleet of over 256 million in 2008, and passenger cars accounted for 87% of the union's fleet. The five largest markets, Germany (17.7%), Italy (15.4%), France (13.3%), the UK (12.5%), and Spain (9.5%), accounted for 68% of the region's total registered fleet in 2008.[9][10] The EU-27 member countries had in 2009 an estimated ownership rate of 473 passenger cars per 1000 people.[11] According to Ward's, Italy had the second highest (after the U.S.) vehicle ownership per capita in 2010, with 690 vehicles per 1000 people.[4] Germany had a rate of motorization of 534 vehicles per 1000 people and the UK of 525 vehicles per 1000 inhabitants, both in 2008. France had a rate of 575 vehicles per