Passenger car registrations: -3.1% first half of 2019; -7.8% in June
Brussels, 17 July 2019 – In June 2019, new car registrations in the European Union fell by 7.8% to 1,446,183 units. To a large extent, this drop can be attributed to a negative calendar effect.
In June 2019, new car registrations in the European Union fell by 7.8% to 1,446,183 units. To a large extent, this drop can be attributed to a negative calendar effect. On average, June only counted 19 working days across the EU this year, compared to roughly 21 days in 2018. As a result, the five major EU markets all posted declines, especially France (-8.4%) and Spain (-8.3%).
During the first half of 2019, demand for new passenger cars across the EU was down by 3.1% compared to the same period last year, counting 8.2 million registrations in total. With the exception of Germany (+0.5%), each of the big EU markets recorded a slight decline so far in 2019.
- 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.