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
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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
