Passenger car registrations: +10.1% first two months of the year; +14.3% in February

Brussels, 16 March 2016 – In February 2016, the EU passenger car market posted a highly accelerated increase, marking the 30th consecutive month of growth.

In February 2016, the EU passenger car market posted a highly accelerated increase, marking the 30th consecutive month of growth. Registrations during the month grew (+14.3%) compared to February 2015, totalling 1,056,902 units. Among the major markets, Italy (+27.3%), France (+13.0%), Spain (+12.6%) and Germany (+12.0%) recorded strong performances in February, all posting double-digit percentage growth.

From January to February 2016, new passenger car registrations increased by 10.1%, totalling 2,118,273 units. All major markets posted growth, contributing to the overall upturn of the EU market. Italy (+22.6%) and Spain (+12.4%) recorded the strongest performances over the period, both posting double-digit percentage gains. Also the French (+8.7%), German (+7.8%) and UK (+4.7%) passenger car markets grew during the first two months of 2016, although at more modest rates.

* Data for Malta not available

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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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