Passenger car registrations: -3.1% over ten months; +4.7% in October
Brussels, 19/11/2013 – In October, the EU car market recorded a 4.7% increase, totaling 1,004,935 units
In October, the EU* car market recorded a 4.7% increase, totaling 1,004,935 units. It was the first time since September 2011 that demand for new cars was up in two consecutive months.
From January to October, new car registrations amounted to 10,006,807 units, or 3.1% less than in the same period last year.
In October, Italy was the only major market to face a downturn (-5.6%). All others contributed positively to the overall 4.7% expansion of the EU* market, with growths ranging from +2.3% in Germany to +2.6% in France, +4.0% in the UK and +34.4% in Spain. The results recorded were however the second lowest level to date** for a month of October.
From January to October, major markets performed diversely. Germany (-5.2%), France (-7.4%) and Italy (-8.0%) saw their demand for new cars decline, while Spain (+1.1%) and the UK (+10.2%) registered more vehicles than in the first ten months of last year. Overall, the EU* counted 10,006,807 new vehicles, or 3.1% less than in January-October 2012.
* EU27, data for Malta unavailable
** since ACEA recorded new registrations in the EU27 in 2003
- 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, email@example.com.
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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