Passenger car registrations: +8.0% over nine months; +7.2% in September
Brussels, 14 October 2016 – In September 2016, passenger car registrations in the EU continued to grow (+7.2%), totalling 1,455,180 units.
In September 2016, passenger car registrations in the EU continued to grow (+7.2%), totalling 1,455,180 units. In volume terms, this result marked the highest September total on record. All major markets posted growth, contributing to the overall upturn. Italy (+17.4%), Spain (+13.9%) and Germany (+9.4%) showed the highest percentage gains, followed by France (+2.5%) and the United Kingdom (+1.6%) with more modest rates.
Over the first nine months of 2016, the European passenger car market grew by 8.0%, reaching 11,243,263 units. The overall increase through the first three-quarters of the year showed the market’s ongoing recovery with all of the big five markets posting solid growth rates. Italy (+17.4%) and Spain (+11.5%) recorded double-digit growth over the period, followed by Germany (+6.1%), France (+5.7%) and the UK (+2.6%).
* Data for Malta not available
- The European Automobile Manufacturers’ Association (ACEA) represents the 16 major Europe-based car, van, truck and bus makers: BMW Group, DAF Trucks, Daimler, Daimler Truck, Ferrari, Ford of Europe, Honda Motor Europe, Hyundai Motor Europe, Iveco Group, Jaguar Land Rover, 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, firstname.lastname@example.org.
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About the EU automobile industry
- 12.6 million Europeans work in the auto industry (directly and indirectly), accounting for 6.6% of all EU jobs.
- 11.6% 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 €62 billion in R&D annually, the automotive sector is Europe’s largest private contributor to innovation, accounting for 33% of total EU spending.