Passenger car registrations: +6.2% in January
Brussels, 16 February 2016 – In January 2016, the EU passenger car market started the year positively, marking the 29th consecutive month of growth.
In January 2016, the EU passenger car market started the year positively, marking the 29th consecutive month of growth. Registrations during the month grew (+6.2%) compared to January 2015, totalling 1,061,150 units. This result is encouraging for the near future, as the upward market trend remains stable.
Among the major markets, Italy (+17.4%) and Spain (+12.1%) recorded the strongest performances in January, both posting double-digit percentage gains. Also the French (+3.9%), German (+3.3%) and UK (+2.9%) passenger car markets grew during the opening month of 2016, although at more modest rates.
* Data for Malta not available
- 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
- 14.6 million Europeans work in the auto industry (directly and indirectly), accounting for 6.7% of all EU jobs.
- 11.5% of EU manufacturing jobs – some 3.7 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 €74 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.