Passenger car registrations: +4.7% during first half of 2017; +2.1% in June
Brussels, 14 July 2017 – In June 2017, passenger car registrations increased only modestly (+2.1%) across the EU, totalling about 1.5 million units.
In June 2017, passenger car registrations increased only modestly (+2.1%) across the EU, totalling about 1.5 million units. In volume terms, however, last month’s figures come very close to those from June 2007, just before the automotive industry was hit by the economic crisis – thus marking the market’s best performance in a decade. Results among the five big markets were rather diverse, with Italy (+12.9%) and Spain (+6.5%) performing very well, while the UK and Germany saw registrations decline (-4.8% and -3.5% respectively). Noteworthy was the strong performance of the new EU member states (+12.0%), making a significant contribution to region’s results.
Over the first half of 2017, EU demand for passenger cars grew (+4.7%), with more than 8 million new vehicles registered. Italy (+8.9%), Spain (+7.1%), Germany (+3.1%) and France (+3.0%) saw their demand increase, while the United Kingdom registered a slight decline (-1.3%).
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About ACEA
- 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, fp@acea.auto.
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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
