Passenger car registrations: -13.7% five months into 2022; -11.2% in May
Brussels, 16 June 2022 – In May 2022, European Union passenger car registrations slipped back by 11.2% to 791,546 units, marking the eleventh consecutive month of decline.
In May 2022, European Union passenger car registrations slipped back by 11.2% to 791,546 units, marking the eleventh consecutive month of decline. All four key EU markets recorded double-digit losses. Italy saw the steepest decline (-15.1%), followed by Spain (‑10.9%), Germany (-10.2%) and France (-10.1%).
From January to May 2022, total registrations of new passenger cars in the EU were 13.7% lower compared to the same period last year. Five months into 2022, sales of new cars have retreated in most markets in the region, including the four major ones: Italy (-24.3%), France (-16.9%), Spain (-11.5%) and Germany (-9.3%).
In May 2022, European Union passenger car registrations slipped back by 11.2% to 791,546 units, marking the eleventh consecutive month of decline.
- 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, Jaguar Land Rover, 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, firstname.lastname@example.org.
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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
- €79.5 billion trade surplus for the European Union
- Almost 8% of EU GDP generated by the auto industry
- €58.8 billion in R&D spending annually, 32% of EU total