Passenger car registrations: +8.7% over eleven months; +13.7% in November
Brussels, 15 December 2015 – In November 2015, the EU passenger car market recorded a very strong increase (+13.7%), marking the 27th consecutive month of growth and totalling 1,085,259 units.
In November 2015, the EU passenger car market recorded a very strong increase (+13.7%), marking the 27th consecutive month of growth and totalling 1,085,259 units. All major passenger car markets rose strongly during the month, significantly contributing to the positive outcome of the EU perimeter. Spain (+25.4%), Italy (+23.5%) and France (+11.3%) posted double-digit percentage gains, followed by Germany (+8.9%) which also performed better than in November 2014. The UK market recovered in November (+3.8%) as well, after showing decline in October.
Over eleven months in 2015, new passenger car registrations increased (+8.7%), reaching 12,603,855 units and surpassing 2014 full year volumes. Nevertheless, this result is only now reaching the levels registered in immediate post-crisis years.
All major markets sustained the overall upturn, with Spain (+20.9%) and Italy (+15.5%), posting double-digit growth, followed by the UK (+6.2%), France (+6.2%) and Germany (+5.4%).
* Data for Malta not available
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About ACEA
- 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, fp@acea.auto.
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About the EU automobile industry
- 13.0 million Europeans work in the automotive sector
- 11.5% of all manufacturing jobs in the EU
- €374.6 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
