Passenger car registrations: +8.4% first three months of 2017; +11.2% in March
Brussels, 19 April 2017 – In March 2017, EU passenger car registrations increased significantly (+11.2%), totalling 1,891,583 units.
In March 2017, EU passenger car registrations increased significantly (+11.2%), totalling 1,891,583 units. This level of growth is mainly due to Easter falling in March last year and in April this year. In volume terms, this result marked the highest March total on record. All the big five markets recorded very strong performances during the month, with Italy (+18.2%), Spain (+12.6%) and Germany (+11.4%) posting double-digit percentage gains, followed by the UK (+8.4%) and France (+7.0%).
From January to March 2017, demand for passenger cars increased by 8.4%, totalling 4,141,269 units. Italy (+11.9%), Spain (+7.9%), Germany (+6.7%), the United Kingdom (+6.2%) and France (+4.8%) all saw their markets grow during the first three months of the year, contributing to the overall upturn of the EU market.
* Data for Malta not available on a monthly basis
- 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
- 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