Passenger car registrations: -2.6% four months into 2019; -0.4% in April
Brussels, 17 May 2019 – In April 2019, the European passenger car market recorded a relatively stable performance (-0.4%), counting 1,303,787 new registrations.
In April 2019, the European passenger car market recorded a relatively stable performance (-0.4%), counting 1,303,787 new registrations. Demand in the region was mainly driven by the Central European countries, which posted a 4.6% increase last month. Looking at the EU’s five largest markets, Spain (+2.6%), Italy (+1.5%) and France (+0.4%) showed slight gains compared to April 2018, but demand in the United Kingdom (-4.1%) and Germany (-1.1%) fell at the same time.
From January to April 2019, demand for new cars in the European Union decreased by 2.6%, counting 5.3 million units registered in total. The German and French markets remained almost flat four months into the year, while registrations declined in Italy (-4.6%), Spain (-4.5%) and the UK (-2.7%) when compared with the same period in 2018.
- 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, JLR, 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
- 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