Passenger car registrations: +9.4% in first semester; +6.9% in June
Brussels, 15 July 2016 – In June 2016, the European passenger car market grew strongly for the 34th consecutive month. Registrations in June increased by 6.9% compared to June 2015, reaching 1,459,508 units.
In June 2016, the European passenger car market grew strongly for the 34th consecutive month. Registrations in June increased by 6.9% compared to June 2015, reaching 1,459,508 units. In volume terms, these results come close to June 2007, just before the automotive industry was hit by the economic crisis. Among the major markets, Italy (+11.9%), Spain (+11.2%), Germany (+8.3%) recorded positive performance, while the French market remained stable (+0.8%). Demand in the UK fell slightly in June. Registrations went down by -0.8%, mainly due to a drop in private sales.
Over the first half of 2016, new passenger car registrations increased by 9.4% in the EU, totalling 7,842,965 units. All major markets posted growth, contributing to the overall upturn of the European market. The Italian (+19.2%) and Spanish (+12.5%) car markets saw double-digit growth over the period, followed by France (+8.3%), Germany (+7.1%) and the UK (+3.2%).
* 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, 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.