Passenger car registrations: -2.1% five months into 2019; +0.1% in May
Brussels, 18 June 2019 – In May 2019, the EU passenger car market recorded a modest increase (+0.1%) after eight consecutive months of decline.
In May 2019, the EU passenger car market recorded a modest increase (+0.1%) after eight consecutive months of decline. Demand in the region was mainly driven by the Central European countries, where registrations went up by 6.2% last month. By contrast, the five major Western European markets posted mixed results: with demand in Spain (-7.3%), the United Kingdom (-4.6%) and Italy (-1.2%) slowing down, but growing in Germany (+9.1%) and France (+1.2%).
From January to May 2019, new car registrations across the European Union fell by 2.1% compared to last year, counting 6.7 million units in total. With the exception of Germany, the five big EU markets all posted slight declines so far this year.
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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, 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, 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
- €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