Passenger car registrations: +8.6% in first quarter; +10.6% in March
Brussels, 16 April 2015 – In March 2015, demand for new passenger cars in the EU* increased for the nineteenth consecutive month (+10.6%), marking the highest monthly growth since last March and totalling 1,604,107 units
In March 2015, demand for new passenger cars in the EU* increased for the nineteenth consecutive month (+10.6%), marking the highest monthly growth since last March and totalling 1,604,107 units. All major markets contributed positively to the overall expansion, especially Spain (+40.5%) and Italy (+15.1%) which posted double-digit growth, followed by France (+9.3%), Germany (+9.0%) and the UK (+6.0%) that also performed better than in March 2014.
In the first quarter of 2015, new passenger car registrations increased by 8.6%, totalling 3.5 million units (3,527,704). All major markets posted growth, contributing to the overall upturn of the EU market. Registrations in Spain (+32.2%), Italy (+13.5%), France (+6.9%), the UK (+6.8%) and Germany (+6.4%) increased over this period.
* Data for Malta n.a.
- The European Automobile Manufacturers’ Association (ACEA) represents the 15 major Europe-based car, van, truck and bus makers: BMW Group, CNH Industrial, DAF Trucks, Daimler, Ferrari, Ford of Europe, Honda Motor Europe, Hyundai Motor Europe, 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.