Passenger car registrations: +4.5% over eight months; +5.6% in August
Brussels, 14 September 2017 – In August 2017, passenger car registrations increased by 5.6% across the EU, totalling 865,047 units.
In August 2017, passenger car registrations increased by 5.6% across the EU, totalling 865,047 units. In volume terms, last month’s figures topped those of August 2008 – marking the European market’s best performance in a decade. Among the five big markets, Italy (+15.8%) and Spain (+13.0%) posted the strongest increases, followed by France and Germany (+9.4% and +3.5% respectively), while demand for cars declined in the United Kingdom (-6.4%).
From January to August 2017, demand for passenger cars maintained momentum throughout Europe. With more than 10 million new vehicles registered across the EU, registrations went up by 4.5% compared to the same period last year. Italy (+9.1%), Spain (+6.9%), France (+4.2%) and Germany (+2.9%) saw demand increase so far in 2017, while the UK registered a slight decline (-2.4%). The new EU member states performed particularly well (+14.3%), making a significant contribution to the region’s results.
- 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, firstname.lastname@example.org.
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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