Passenger car registrations: +6.9% over five months; +4.5% in May

Brussels, 17 June 2014 – In May 2014, demand for new passenger cars in the EU* increased for the ninth consecutive month, with a rise of 4.5% in registrations

In May 2014, demand for new passenger cars in the EU* increased for the ninth consecutive month, with a rise of 4.5% in registrations. However, in absolute figures, the total of 1,093,448 units registered marked the second lowest result to date for a month of May since ACEA began the series in 2003 with the enlarged EU.

Five months into the year, new passenger car registrations increased by 6.9%, totalling 5,431,921 units.

In May 2014, Italy was the only major market to face a downturn (-3.8%). All other significant markets contributed positively to the overall 4.5% expansion of the EU* market, with growth ranging from +0.3% in France, +5.2% in Germany, +7.7% in the UK to +16.9% in Spain.

From January to May, all major markets posted growth, contributing to the overall 6.9% upturn of the EU* market. The increase in passenger car registrations in this period ranged from 3.0% in France, 3.2% in Italy, 3.4% in Germany to 11.6% in the UK and 16.3% in Spain.

* EU28, data for Malta unavailable

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About ACEA

  • 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, fp@acea.auto.

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About the EU automobile industry

  • 12.7 million Europeans work in the auto industry (directly and indirectly), accounting for 6.6% of all EU jobs.
  • 11.5% 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 €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.
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