Passenger car registrations: +6.8% over five months; +1.3% in May
Brussels, 16 June 2015 – In May 2015, demand for new passenger cars in the EU increased for the twenty-first consecutive month (+1.3%), totalling 1,109,893 units.
In May 2015, demand for new passenger cars in the EU increased for the twenty-first consecutive month (+1.3%), totalling 1,109,893 units. However, it was the lowest percentage increase since the beginning of this period of consecutive growth.
Looking at the major markets, results were diverse: France (-3.5%) and Germany (-6.7%) faced a downturn, while Spain (+14.0%), Italy (+10.8%) and the UK (+2.4%) contributed positively to the overall expansion. Demand for new passenger cars was largely supported by the EU’s new member states (EU12), especially Poland (+11.0%) and the Czech Republic (+17.6%).
Five months into the year, new passenger car registrations increased (+6.8%) totalling 5,805,367 units. All major markets posted growth, contributing to the overall upturn of the EU market over the period. Registrations in Spain (+21.7%), Italy (+15.2%), the UK (+5.7%), France (+3.8%) and Germany (+3.6%) increased compared to the same period one year ago.
- 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, email@example.com.
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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