Passenger car registrations: +5.6% over twelve months; +4.7% in December

Brussels, 16 January 2015 – In December, EU* passenger car registrations recorded growth for the sixteenth consecutive month (+4.7%), reaching 951,329 units sold.

In December, EU* passenger car registrations recorded growth for the sixteenth consecutive month (+4.7%), reaching 951,329 units sold. Looking at the largest markets, the demand increase was mainly led by the significant growth recorded in Spain (+21.4%), followed by the UK (+8.7%), Germany (+6.7%), and Italy (+2.4%), while France (-6.7%) performed less well than in the same month last year. Substantial growth also posted by the new EU member states (+9.6%) and by the EFTA countries (+9.8%) contribute to explain last month’s positive outcome.

From January to December, 12,550,707 new passenger cars were registered in the EU. With 5.6% growth posted in 2014, new car registrations increased for the first time since 2007 after having been on the decline for six consecutive years. Looking at the largest markets, Spain recorded the largest increase over the year (+18.1%) followed by the UK (+9.3%), Italy (+4.2%) and Germany (+2.9%), while France remained stable (+0.3%).

*Data for Malta n.a.

Note: Due to a correction in the August data for Cyprus the cumulative figure for 2014 has been amended.

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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
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