Passenger car registrations: -2.9% first two months of 2019; -1.0% in February

Brussels, 15 March 2019 – In February 2019, the EU passenger car market contracted by 1.0% compared to one year ago, despite some major EU markets showing a slight recovery.

In February 2019, the EU passenger car market contracted by 1.0% compared to one year ago, despite some major EU markets showing a slight recovery. After a five-month decline, demand for new cars increased modestly in Germany (+2.7%), France (+2.1%) and the United Kingdom (+1.4%) last month. However, in Spain (-8.8%) and Italy (-2.4%) car registrations continued to decrease for the sixth consecutive month.

From January to February 2019, demand for new cars in the European Union fell by 2.9%. Some markets saw a strong drop compared to last year, most notably Spain (-8.4%) and Italy (-4.9%), but new passenger car registrations remained more or less stable in Germany (+0.6%), France (+0.5%) and the United Kingdom (-0.6%).

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About ACEA

  • The European Automobile Manufacturers’ Association (ACEA) represents the 15 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, Nissan, 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

  • 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
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