Passenger car registrations: +24.4% four months into 2021; +218.6% in April
Brussels, 19 May 2021 – In April 2021, new car registrations surged by 218.6% in the European Union because of last year’s low base of comparison. Despite this big percentage increase, last month’s sales volume was almost 300,000 units lower than that recorded in April 2019.
In April 2021, new car registrations surged by 218.6% in the European Union because of last year’s low base of comparison due to coronavirus restrictions. Indeed, despite this big percentage increase, last month’s sales volume was almost 300,000 units lower than that recorded in April 2019. Many markets across the EU region posted double- or even triple-digit percentage gains in April. Italy recorded the biggest uplift (+3,276.8%) of the major markets, followed by Spain (+1,787.9%). France (+568.8%) and Germany (+90.0%) also showed strong gains compared to last year.
From January to April 2021, EU demand for passenger cars increased by 24.4% to reach 3.4 million units registered in total, with the last two months providing a substantial boost. Looking at the four largest markets, Italy and France posted the biggest gains (up 68.4% and 51.0% respectively). At the same time, positive April results brought the cumulative performances of Spain (+18.8%) and Germany (+7.8%) into positive territory for the first time this year.
- 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, firstname.lastname@example.org.
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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.