Passenger car registrations: +7.4% over four months; +4.6% in April
Brussels, 16 May 2014. In April 2014, demand for new passenger cars in the EU* increased for the eighth consecutive month, with a rise of 4.6% in registrations. However, in absolute figures, the total of 1,089,226 units registered marked the third lowest result to date for a month of April since ACEA began the series in 2003 with the enlarged EU.
Four months into the year, new passenger car registrations increased by 7.4%, totalling 4,336,013 units.
In April 2014, Germany was the only major market to face a downturn (-3.6%). All other significant markets contributed positively to the overall 4.6% expansion of the EU* market, with growth ranging from +1.9% in Italy, +5.8% in France, +8.2% in the UK to +28.7% in Spain.
From January to April, all major markets posted growth, contributing to the overall 7.4% upturn of the EU* market. The increase in passenger car registrations in this period ranged from 2.9% in Germany, 3.7% in France, 5.0% in Italy to 12.5% in the UK and 16.2% in Spain.
* EU28, data for Malta unavailable
- 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, email@example.com.
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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.