Passenger car registrations: +7.2% over ten months; -0.02% in October
Brussels, 17 November 2016 – In October 2016, European passenger car registrations fell slightly (-0.02%), totalling 1,104,506 units.
In October 2016, European passenger car registrations fell slightly (-0.02%), totalling 1,104,506 units. Results were diverse among the major markets, with Italy (+9.7%), Spain (+4.0%) and the United Kingdom (+1.4%) posting growth, while Germany (-5.6%) and France (-4.0%) performed less well than one year ago.
Over the first ten months of 2016, car registrations in the EU totalled 12,348,502 units, an increase of 7.2%. All five major markets positively contributed to overall growth during this period. Italy (+16.7%) and Spain (+10.8%) showed the highest gains, followed with more modest rates by Germany (+4.9%), France (+4.7%) and the UK (+2.5%).
* Data for Malta not available
- 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