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 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
- 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.