Passenger car registrations: +8.8% over nine months; +9.8% in September
Brussels, 16 October 2015 – In September 2015, the EU passenger car market showed another strong month (+9.8%), marking the 25th consecutive month of growth *
In September 2015, the EU passenger car market showed another strong month (+9.8%), marking the 25th consecutive month of growth. Demand for new passenger cars was up in all major markets, driven by ongoing scrappage schemes and by the economic recovery of Southern Europe. Registrations in Spain (+22.5%), Italy (+17.2%), France (+9.1%), the UK (+8.6%) and Germany (+4.8%) increased when compared to September 2014. Across the region, new passenger car registrations totalled 1,356,868 units.
Over the first nine months of 2015, new passenger car registrations increased (+8.8%), surpassing 10 million units (10,413,675). However, this is still far from the pre-crisis level of almost 12 million units registered during the same period in 2007. All major markets posted growth, contributing to the overall upturn of the EU market over the first three quarters of the year. Spain (+22.4%) and Italy (+15.3%) benefit from strong growth and posted double-digit percentage gains, followed by the UK (+7.1%), France (+6.3%) and Germany (+5.5%).
* 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, firstname.lastname@example.org.
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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.