Passenger car registrations: -0.3% 11 months into 2019; +4.9% in November
Brussels, 17 December 2019 – In November 2019, EU demand for new passenger cars increased by 4.9%, marking the third consecutive month of growth this year.
In November 2019, EU demand for new passenger cars increased by 4.9%, marking the third consecutive month of growth this year. To a large extent this is the result of a low base of comparison, because in November 2018 registrations went down 8.0%. With the exception of the United Kingdom (-1.3%) all major European markets posted growth last month: Germany (+9.7%), Spain (+2.3%), Italy (+2.2%) and France (+0.7%).
Eleven months into the year, new car registrations across the European Union were almost back at levels from one year ago (-0.3%), thanks to the strong results of the last three months. Nevertheless, four of the five major EU markets declined from January to November, most notably Spain (-5.7%) and the United Kingdom (-2.7%). Germany (+3.9%) remains the only big market that recorded growth so far in 2019.
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About ACEA
- The European Automobile Manufacturers’ Association (ACEA) represents the 14 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, JLR, Mercedes-Benz, Renault Group, Toyota Motor Europe, Volkswagen Group, and Volvo Group.
- Visit www.acea.auto for more information about ACEA, and follow us on www.twitter.com/ACEA_auto or www.linkedin.com/company/ACEA/.
- Contact: Francesca Piazza, Senior Statistics Manager, fp@acea.auto.
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About the EU automobile industry
- 13.0 million Europeans work in the automotive sector
- 11.5% of all manufacturing jobs in the EU
- €374.6 billion in tax revenue for European governments
- €101.9 billion trade surplus for the European Union
- Over 7% of EU GDP generated by the auto industry
- €59.1 billion in R&D spending annually, 31% of EU total
