Passenger car: registrations 4.3% lower over three quarters
Brussels, 15/10/2010 – EU* September registrations of new cars decreased by 9.6% compared to the same month of last year, marking the sixth consecutive month of decline in demand for new cars this year.
Brussels, 15/10/2010 – EU* September registrations of new cars decreased by 9.6% compared to the same month of last year, marking the sixth consecutive month of decline in demand for new cars this year. In absolute numbers, registrations amounted to 1,227,645 units. Over the three first quarters of 2010, registrations were 4.3% lower compared to the same period of 2009, totaling 10,251,140 vehicles.
In September, all major markets contracted, from -8.2% in France to -8.9% in the UK, -17.8% in Germany, -18.9% in Italy and -27.3% in Spain. In contrast, markets such as Ireland (+93.9) or Latvia (+79.6) expanded considerably, posting growth from very low levels in 2009 and 2008.
From January to September, results in the major markets were more diverse. While the French market remained stable (+0.8%) compared to the three first quarters of 2009, registrations in the UK (+7.8%) and Spain (+16.2%) were higher than in the previous year. Italy (-4.4%) and Germany (-27.5%), however, saw numbers decline. The steepest fall was recorded in Bulgaria (-37.8%) and the most important increase in Ireland (+52.3%).
* EU27, data for Cyprus and Malta unavailable
NB: Commencing with the January 2010 new passenger car registrations figures, the ACEA data sheets will provide new vehicle registrations in alphabetical order for the countries of the European Union, and no longer separate for Western-Europe (15) and new EU Member States (10)*. Results for the EFTA countries will continue to be reported separately. The monthly press releases will quote the ‘EU’ figures first, followed by the ‘total Europe’ figures, adding up the EU and EFTA figures.
- 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.