Passenger car registrations: +7.1% in January 2018
Brussels, 15 February 2018 – In January 2018, demand for passenger cars in the European Union grew significantly (+7.1%) compared to January last year – benefitting from a positive calendar effect.
In January 2018, demand for passenger cars in the European Union grew significantly (+7.1%) compared to January last year – benefitting from a positive calendar effect. New car registrations amounted to 1,253,877 units during the first month of the year.
Nearly all major EU car markets posted growth, except for the United Kingdom (-6.3%), which saw car sales decline for the tenth consecutive month. Spain (+20.3%) and Germany (+11.6%) recorded the strongest gains, followed by Italy (+3.4%) and France (+2.5%).
- 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
- 12.9 million Europeans work in the automotive sector
- 8.3% of all manufacturing jobs in the EU
- €392.2 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