Passenger car: European registrations down 18.3% in February

Brussels, 13/02/2009 – In February, 968,159 new passenger cars were registered in Europe*, 18.3% less compared to the same month of 2008.

Brussels, 13/02/2009 – In February, 968,159 new passenger cars were registered in Europe*, 18.3% less compared to the same month of 2008. The downturn was more marked in the new EU Member States (-30.3%) than in Western Europe (-17.3%), where the German market pushed aggregate registrations upward. There was on average one working day less across Europe in February. Two months into the year, the European* market was down 22.6% compared to January- February last year. In Western Europe, a total of 902,037 new passenger cars was registered in February (-17.3%). Germany stood out with a 21.5% growth, carried by strong demand in certain market segments following the recent motor vehicle tax reform and scrapping bonus introduced by the German government. Except for Luxembourg (+0.3%), all other countries faced a downturn, varying from -83.6% in Iceland to -13.2% in France. The downturn of the French market was cushioned by fleet renewal incentives as well. Major markets such as the UK (-21.9%), Italy (-24.4%) and Spain (-48.8%) again recorded an important decrease.

From January to February, new passenger car registrations in Western Europe dropped by 22.0%. Only Germanypostedgrowthduringthatperiod(+4.0%).The French market declined by 10.6%, followed by the British ( 28 2%) Italian ( 28 5%) and Spanish ( 45 5%) marketsBritish (-28.2%), Italian (-28.5%) and Spanish (-45.5%) markets. In the new EU Member States, passenger car registrations fell by 30.3% in February, with mixed individual country results. Poland registered the most cars (30,194) and improved last year’s performance by 7.3%. Other major markets were down with 7.7% (Czech Republic), 46.4% (Hungary) and 66.5% (Romania).

Looking at the cumulative figures from January to February, Poland ranked first in absolute numbers with 56,841 new cars registered (+0.7%), followed by Romania (-58.8%), the Czech Republic (- 10.0% ) and Hungary (-31.4%). The overall decrease in the new EU Member States was -22.9% two months into the year. 

* EU27 + EFTA, data for Cyprus and Malta unavailable

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About ACEA

  • The European Automobile Manufacturers’ Association (ACEA) represents the 16 major Europe-based car, van, truck and bus makers: BMW Group, DAF Trucks, Daimler Truck, Ferrari, Ford of Europe, Honda Motor Europe, Hyundai Motor Europe, Iveco Group, Jaguar Land Rover, Mercedes-Benz, Renault Group, Stellantis, Toyota Motor Europe, Volkswagen Group, Volvo Cars, and Volvo Group.
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About the EU automobile industry

  • 12.7 million Europeans work in the auto industry (directly and indirectly), accounting for 6.6% of all EU jobs.
  • 11.5% of EU manufacturing jobs – some 3.5 million – are in the automotive sector.
  • Motor vehicles are responsible for €398.4 billion of tax revenue for governments across key European markets.
  • The automobile industry generates a trade surplus of €76.3 billion for the EU.
  • The turnover generated by the auto industry represents more than 8% of the EU’s GDP.
  • Investing €58.8 billion in R&D annually, the automotive sector is Europe’s largest private contributor to innovation, accounting for 32% of total EU spending.
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