Passenger car registrations: +9.3% in 2015; +16.6% in December
Brussels, 15 January 2016 – In December 2015, the EU passenger car market posted a very strong uplift (+16.6%), amounting to 1,109,927 units and marking the 28th consecutive month of growth.
In December 2015, the EU passenger car market posted a very strong uplift (+16.6%), amounting to 1,109,927 units and marking the 28th consecutive month of growth. This is the highest percentage increase since the beginning of this positive trend. All major passenger car markets ended 2015 strongly, contributing significantly to the full-year positive result. Spain (+20.7%), Italy (+18.7%) and France (+12.5%) posted double-digit percentage gains during the month, followed by the UK (+8.4%) and Germany (+7.7%), which also performed better than in December 2014.
In 2015, new passenger car registrations significantly increased (+9.3%), totalling 13,713,526 units. Nevertheless, this result is only now passing levels registered in 2010, immediately after the economic crisis. In other words, the trend is positive but, in absolute terms, volumes remain low. Looking at the five EU major markets, Spain (+20.9%) and Italy (+15.8%) had the strongest growth in demand during the year, followed by France (+6.8%), the UK (+6.3%) and Germany (+5.6%), which posted a robust performance in 2015.
* 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.