Passenger car registrations: +0.8% 11 months into 2018; -8.0% in November

Brussels, 14 December 2018 – In November 2018 passenger car demand fell by 8.0%, marking the third consecutive month of decline across the European Union.

In November 2018, passenger car demand fell by 8.0%, marking the third consecutive month of decline across the European Union. Ahead of the introduction of the new WLTP test in September, car registrations jumped by +31.2% in August, which led to a drop in demand in the following months. Also in November, the market continued to contract in most EU countries, including the five biggest car markets.

Eleven months into the year, registrations of new passenger cars in the EU increased slightly (+0.8%) compared to one year ago. Demand continues to be fuelled by Central Europe, where new car registrations went up by 9.6% so far this year. Looking at the major EU markets, Spain (+8.0%) and France (+4.7%) posted solid growth from January to November 2018, while registrations fell in Italy (-3.5%) and the United Kingdom (-6.9%) during the same period.

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About ACEA

  • The European Automobile Manufacturers’ Association (ACEA) represents the 15 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, Nissan, 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

  • 12.9 million Europeans work in the automotive sector
  • 8.3% of all manufacturing jobs in the EU
  • €392.2 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
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