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 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, firstname.lastname@example.org.
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About the EU automobile industry
- 13 million Europeans work in the auto industry (directly and indirectly), accounting for 7% of all EU jobs.
- 11.5% of EU manufacturing jobs – some 3.4 million – are in the automotive sector.
- Motor vehicles are responsible for €374.6 billion of tax revenue for governments across key European markets.
- The automobile industry generates a trade surplus of €79.5 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.