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 15 major Europe-based car, van, truck and bus makers: BMW Group, CNH Industrial, DAF Trucks, Daimler, Ferrari, Ford of Europe, Honda Motor Europe, Hyundai Motor Europe, Jaguar Land Rover, 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
- 12.6 million Europeans work in the auto industry (directly and indirectly), accounting for 6.6% of all EU jobs.
- 11.6% 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 €62 billion in R&D annually, the automotive sector is Europe’s largest private contributor to innovation, accounting for 33% of total EU spending.