Passenger car registrations: -8.2% over 12 months; -16.3% in December
Brussels, 16/01/2013 – In December, new car registrations declined by a sharp 16.3% in the EU*, continuing a downward trend commenced fifteen months ago
Brussels, 16/11/2012 – In December, new car registrations declined by a sharp 16.3% in the EU*, continuing a downward trend commenced fifteen months ago. The decline is the steepest recorded in a month of December since 2008. In December 2012, there were on average two fewer working days in the region than in the same month in 2011.
Over the whole year, demand for new cars reached the lowest level recorded since 1995, totaling 12,053,904 units. The resulting 8.2% contraction of the EU* market (year-on-year) is the most important experienced since the 16.9% downturn in 1993.
In December, most of the major markets recorded a double-digit downturn ranging from -14.6% in France to -16.4% in Germany, -22.5% in Italy and -23.0% in Spain. The UK was the only significant market to post growth (+3.7%). Overall, a total of 799,407 new cars were registered in the EU*.
From January to December, results were diverse across markets. While the UK expanded (+5.3%) and the German somewhat contained the decline (-2.9%), Spain (-13.4%), France (-13.9%) and Italy (-19.9%) faced a more severe downturn, leading to an 8.2% contraction of the EU* market
EU27, data for Malta unavailable
- 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, firstname.lastname@example.org
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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