Passenger car registrations: +10.2% in January
Brussels, 16 February 2017 – In January 2017, the EU passenger car market started the year positively, partially due to extra working days during the month. Registrations grew markedly (+10.2%) compared to January 2016, totalling 1,170,220 units.
In January 2017, the EU passenger car market started the year positively, partially due to extra working days during the month. Registrations grew markedly (+10.2%) compared to January 2016, totalling 1,170,220 units.
Among the major markets, Spain (+10.7%), France (+10.6%), Germany (+10.5%) and Italy (+10.1%) recorded very strong performances in January, all posting double-digit percentage gains. The UK passenger car market also grew during the first month of 2017, although at more modest rate (+2.9%).
* Data for Malta not available
- 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.
- 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, Statistics Manager, email@example.com.
Interested in ACEA press releases?
Receive them directly in your inbox!
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.