Passenger car registrations: +4.7% four months into 2017; -6.6% in April
Brussels, 16 May 2017 – In April 2017, the number of passenger cars registered in the EU declined (-6.6%) to 1,191,034 units, mainly the result of Easter falling in April this year.
In April 2017, the number of passenger cars registered in the EU declined (-6.6%) to 1,191,034 units, mainly the result of Easter falling in April this year. Most of the major markets saw demand fall in April, with the UK posting a double-digit drop (-19.8%), followed by Germany (-8.0%), France (-6.0%) and Italy (-4.6%). Only the Spanish market grew last month, recording a slight increase (+1.1%). Positive contributions mainly came from the so-called EU-12 countries (+8.2%), those member states that have joined the EU since 2004.
From January to April 2017, demand for passenger cars remained positive (+4.7%), totalling 5,332,854 units. Italy (+8.0%), Spain (+6.1%), Germany (+2.5%), France (+2.0%) and the United Kingdom (+1.1%) all saw their markets grow during the first four months of the year, despite the declines observed in April.
- 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, firstname.lastname@example.org.
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About the EU automobile industry
- 13 million Europeans work in the auto industry (directly and indirectly), accounting for 7% of all EU jobs.
- 11.5% of EU manufacturing jobs – some 3.4 million – are in the automotive sector.
- Motor vehicles are responsible for €374.6 billion of tax revenue for governments across key European markets.
- The automobile industry generates a trade surplus of €79.5 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.