Passenger car registrations: -9.8% in first quarter; -10.2% in March
Brussels, 17/04/2013 – In March, demand for new passenger cars was on the decline for the 18th consecutive month, totaling 1,307,107 units
In March, demand for new passenger cars was on the decline for the 18th consecutive month, totaling 1,307,107 units.
Over the first quarter of 2013, new car registrations amounted to 2,989,486 units, or 9.8% less than in the first three months of 2012.
In March, the UK remained a resilient market, posting a 5.9% growth, while Italy (-4.9%), Spain (-13.9%), France (-16.2%) and Germany (-17.1%) saw their demand decrease. Overall, the EU* recorded a total of 1,307,107 new cars, or 10.2% less than in March 2012.
From January to March, except for the UK (+7.4%), all major markets faced a double-digit downturn ranging from -11.5% in Spain to -12.9% in Germany, -13.0% in Italy and -14.6% in France. Overall new car registrations decreased by 9.8% in the first quarter, compared to the same period a year earlier.
* EU27, data for Malta unavailable
- 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.