Passenger car registrations: +2.7% four months into 2018; +9.6% in April
Brussels, 17 May 2018 – In April 2018, the EU passenger car market showed a strong return to growth (+9.6%) after demand declined in March – 1,306,273 new cars were registered last month.
In April 2018, the EU passenger car market showed a strong return to growth (+9.6%) after demand declined in March – 1,306,273 new cars were registered last month. All five major EU markets saw substantial increases: Spain (+12.3%) and the United Kingdom (+10.4%) recorded the strongest growth, followed by France (+9.0%), Germany (+8.0%) and Italy (+6.5%).
From January to April 2018, demand for new cars in the European Union increased by 2.7%, driven by last month’s robust growth. Car registrations went up in Spain (+11.0%), Germany (+5.0%) and France (+4.4%), but demand for new cars contracted in the UK (-8.8%). The new EU member states performed very well so far in 2018, with registrations increasing by 12.5%. Overall, 5,478,442 new passenger cars were registered in the EU during the first four months of the 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, 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, 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
- €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
