Passenger car registrations: -9.5% over two months; -10.5% in February
Brussels, 19/03/2013 – In February, new car registrations pursued the downward trend commenced in October 2011, reaching their lowest level with less than 800,000 units
In February, new car registrations pursued the downward trend commenced in October 2011, reaching their lowest level with less than 800,000 units. In total, 795,482 new cars were recorded in the EU*, or 10.5% less than in the same month last year.
From January to February, demand for new cars declined by 9.5%, amounting to 1,681,073 units.
In February, the UK was the only country to post growth (+7.9%). All other significant markets faced a downturn ranging from -9.8% in Spain to -10.5% in Germany, -12.1% in France and -17.4% in Italy.
Two months into the year, Germany (-9.6%) and Spain (-9.7%) performed similarly, compared to the same period a year earlier. France (-13.5%) and Italy (-17.3%) recorded a double-digit downturn, while demand was sustained in the UK (+10.3%).
* EU27, data for Malta unavailable
- 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, firstname.lastname@example.org.
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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