Passenger car registrations: +8.5% over four months; +9.1% in April
Brussels, 13 May 2016 – In April 2016, the EU passenger car market posted strong results again, marking the 32nd consecutive month of growth. Registrations during the month grew by 9.1% compared to April 2015, reaching 1,273,733 units.
In April 2016, the EU passenger car market posted strong results again, marking the 32nd consecutive month of growth. Registrations during the month grew by 9.1% compared to April 2015, reaching 1,273,733 units. This is the highest result in volume terms since April 2008, just before the economic crisis hit the automotive industry. Among the major markets, Spain (+21.2%) and Italy (+11.5%) recorded the strongest performances with double-digit percentage gains, followed by Germany (+8.4%), France (+7.1%) and the UK (+2.0%).
From January to April 2016, new passenger car registrations increased by 8.5%, totalling more than 5 million units (5,094,026). All major markets posted growth, contributing to the overall upturn of the EU market. The Italian (+18.6%) and Spanish (+10.3%) passenger car markets saw double-digit growth over the period, followed by France (+7.9%) and Germany (+5.6%). The UK market also grew (+4.4%) during the first four months of 2016, although at more modest rate.
* 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, 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.