Passenger car registrations: -2.7% over eleven months; +1.2% in November
Brussels, 17/12/2013 – In November, demand for new passenger cars in the EU* increased for the third consecutive month (+1.2% year-on-year), totaling 938,021 registrations
In November, demand for new passenger cars in the EU* increased for the third consecutive month (+1.2% year-on-year), totaling 938,021 registrations.
From January to November, 10,945,360 new cars were registered, or 2.7% less than in the first eleven months of 2012.
In November, the UK (+7.0%) and Spanish (+15.1%) markets contributed to the overall 1.2% upturn. Demand in Germany (-2.0%), France (-4.0%) and Italy (-4.5%) was lower than in the same month last year. In total, the EU* counted 938,021 new registrations. In absolute figures, this represents the third lowest level recorded to date** for a month of November.
From January to November, most significant markets shrank, leading to a 2.7% decline in the EU*. The downturn ranged from -4.9% in Germany to -7.1% in France and -7.7% in Italy. Spain (+2.1%) and the UK (+9.9%) were the only ones to perform better than in the first eleven months of last year.
* EU27, data for Malta unavailable
** since ACEA recorded new registrations in the EU27 in 2003
- 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.
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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.